Bio-based Butanol Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030
The report offers detailed coverage of Bio-based Butanol industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Bio-based Butanol by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
Bio-based butanol or biobutanol is a butanol that is produced from biomass feedstocks (like corn, cassava, molasses, sugar beet and sugar cane etc). Butanol is a 4-carbon alcohol that is currently used as an industrial solvent in many wood finishing products. Biobutanol can be utilized in internal combustion engines as both a gasoline additive and or a fuel blend with gasoline. Since biobutanol is more chemically similar to gasoline than ethanol, it can be integrated into regular internal combustion engines easier than ethanol.
First, due to non-renewable petroleum resources and volatility in international oil prices, bio-based butanol has become a new alcohol biofuel production with the environmental protection and high-profit. The key is that, increasingly, processes based on renewable starting materials provide a critical alternative source of \"on-purpose\" production for certain chemicals. Bio-based butanol is an alcohol that can be produced from renewable, organic material (biomass) including corn, wheat, sugarcane and—in the future—non-food plants.
Second, the bio-based butanol industry is highly concentrated, which is due to the high barriers, including technical barriers and high raw materials costs. Companies are more concerned with technology and raw materials costs, so Brazil, China, India and other crops developing regions have raw material cost advantage.
The bio-based butanol manufacturers are Gevo, Butamax, Cobalt, Green Biologics.
The report forecast global Bio-based Butanol market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Bio-based Butanol market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Gevo
Cobalt
Green Biologics
Butamax
At the same time, we classify Bio-based Butanol according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Bio-Based N-butanol
Bio-Based Isobutanol
Market by Application
Biofuel
Industrial Solvent
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Bio-based Butanol market for the forecast period 2023 - 2030?
• What are the driving forces in the Bio-based Butanol market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Bio-based Butanol industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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