Bio-Butanol Market Growth Factors, Developments and Forecast 2027
Biobutanol, also known as bio-based completely butanol gasoline, is a second-generation alcoholic gasoline with a better energy density and lower volatility than ethanol, and it's also an important raw material in the production of glycol ethers. Furthermore, biobutanol is commonly used as a plasticizer to beautify the chemical intermediate for butyl esters or butyl ethers in plastic products. Growing environmental concerns regarding the release of excessive greenhouse gases (GHG) in recent years have resulted in an increase in the demand for bio-primarily based overall goods.
Bio-Butanol Market Scope:
The report includes qualitative and quantitative analysis of the Bio-Butanol Market based on segmentation involving economic and non-economic factors. It also includes an in-depth analysis of the Bio-Butanol industry from various perspectives by employing Porter’s five forces analysis. The report provides insight into the Bio-Butanol Market through the value chain. The report offers historical data and forecasts revenue growth at country, regional and levels along with an analysis of the market trends in each of the sub-segments and regions. The competitive landscape in the report includes details by Bio-Butanol competitors including company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The bottom-up approach was used to estimate the and regional Bio-Butanol Market size.
Bio-Butanol Market Overview:
Stellar Market Research provides a comprehensive description of Bio-Butanol Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Bio-Butanol research paper.
Bio-Butanol Market Size was valued at USD 14.3 billion in 2021. The global Bio-butanol Market size is estimated to grow at a CAGR of 8.2 % over the forecast period.
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Bio-Butanol Market Segmentation:
By Raw Material: The market is divided into cereals, sugarcane, sugar beet, wood, corn, and others based on the raw material. Cereals have the largest market share, and the market is predicted to increase at a 7.2% annual rate during the projection period. Butanol can be produced from a wide range of agricultural leftovers as well as some energy crops. Where the manufacturing process includes pre-treatment of the serial stars with dilute sulfuric acid to enhance cellulose accessibility to hydrolytic enzymes. As a result, serials are the primary raw material used in the manufacturing of biobutanol. With an increase in demand for biobutanol raw materials, greater cereal output may aid in the expansion of the bio-butanol industry.
Based on application, the market is divided into acrylate, acetates, glycol ethers, biofuel, and others. In terms of application, the acrylates segments lead the international market during the projection period. Biobutanol is utilized as a catalyst in the production of butyl acrylates, which are used to make paints and coatings, adhesives, and textiles, among other things. Over the projection period, the increasing use of acrylate polymer and co-polymer as an adhesive in manufacturing and pressure-sensitive packages is likely to fuel market expansion. Because of its chemical shape and capabilities, acrylate is utilized as a chemical intermediate, and it is projected to drive the market.
End User: The market is divided into transportation, construction, medical, and power generating segments. The automotive industry is a major contributor to the growth of the biobutanol market. Consumption of bio-butanol as a transportation fuel in automotive applications is expanding as a result of rising international middle-class spending and as a viable alternative to fossil fuels. Because a tiny part of biobutanol is used in gasoline blending, there is a strong demand for it in the fuel industry. As a result, as the number of fuel-powered vehicles grows around the world, so does the biobutanol market.
Bio-Butanol Market Key Players:
Abengoa (Spain)
Biocleave (Oxfordshire)
Bioenergy International (Sweden)
Butalco Gmbh (Germany)
Butamax advanced biofuels LLC (US)
Eastman chemical company (US)
Gevo Inc (US)
Metabolic Explorer SA (France)
Solvay SA (Belgium)
W2 Energy Inc (Canada)
Regional Analysis:
Each regional Bio-Butanol market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Bio-Butanol market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Bio-Butanol report.
Key Questions answered in the Bio-Butanol Market Report are:
Key offerings:
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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