Global Bio-Butanol Market - By Application (Acetates, Biofuel, Acrylates, Plasticizers, Glycol Ethers, And Other Applications), By Raw Material (Sugar, Wood, Corn, And Wheat), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Global Bio-Butanol market is set to grow at a CAGR of over 6.9% during the period from 2020 to 2026.

14-Sep-2020 | Number of pages: 110 | Report Code: ZMR-2893 | Report Format : | Status : Published

Abstract

The global Bio-Butanol market is set to grow at a CAGR of over 6.9% during the period from 2020 to 2026. The report offers valuation and analysis of the Bio-Butanol market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2026 based on value (USD Million).

Introduction

Bio-butanol is a four carbon alcohol produced due to fermenting of sugars in the biomass feedstock. Its long hydrocarbon chain makes it non-polar. Moreover, the compound can also be manufactured by utilizing Ralstonia eutropha H16. Furthermore, the manufacturing process needs carbon dioxide and power supply along with the utility of electro-bioreactor. In addition to this, bio-butanol demonstrates the ability of minimizing carbon emissions by nearly eighty-five percent. Bio-butanol is used as fuel for internal combustion engines. Reportedly, it has been found that bio-butanol possess more energy content over ethanol and hence is combined with petrol for usage in unmodified engines.

Moreover, it is less corrosive & explosive in comparison to ethanol and more energy dense as well as lesser hygroscopic as compared to bio-ethanol. As per EPA, bio-butanol reduces emissions of hydrocarbon, nitrogen oxide, and carbon monoxide, thereby contributing notably towards green environment.

Market Growth Dynamics

Bio-butanol finds lucrative applications in paints & coatings, pharmaceuticals, resins, herbicides, plasticizers, chemical intermediates, and food-grade extractants. This is anticipated to steer the growth of the market over the forecasting years. Apparently, the bio-butanol is considered as the best-fit alternative to ethanol and is one of the major renewable fuels. In addition to this, bio-butanol displays huge potential as a motor fuel, chemical feedstock, and industrial solvent as a result of high energy density as well as better fuel economy.

Furthermore, depletion of petroleum resources along with oscillating oil costs has enhanced the market demand. Bio-butanol is also utilized as cleaner, jet fuel, solvent, adhesives, and synthetic rubber in fibers and bio-based plastics. Apparently, bio-butanol finds lucrative applications in acrylates, glycol ethers, and acetates, thereby driving business trends.

Asia Pacific Market To Witness Humungous Growth By 2026

The growth of the market in the Asia Pacific over the estimated timespan is due to escalating need for clean fuel in aviation & transportation activities. In addition to this, growing need for eco-friendly products in paints & coatings to augment the construction of green buildings will elevate the business growth in the region. Countries like China and India are likely to be the key regional revenue contributors in the forthcoming years.

Key players leveraging the business surge are METabolic Explorer, Butalco GmBH, Cobalt Biofuels, Arbor Biofuels, DuPont, TetraVitae Biosciences, Bioenergy International, Gevo, and Green biologics limited. 

The global bio-butanol market is segmented as follows:

By Raw Material

  • Wheat
  • Sugar
  • Corn
  • Wood

By Application

  • Acrylates
  • Acetates
  • Glycol ethers
  • Solvents
  • Plasticizers
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Bio-butanol finds lucrative applications in paints & coatings, pharmaceuticals, resins, herbicides, plasticizers, chemical intermediates, and food-grade extractants. This is anticipated to steer the growth of the market over the forecasting years. Depletion of petroleum resources along with oscillating oil costs has enhanced the market demand. Apparently, bio-butanol finds lucrative applications in acrylates, glycol ethers, and acetates, thereby driving business trends.

According to Zion market research, the global bio-butanol market is set to grow at a CAGR of over 6.9% during the period from 2020 to 2026.

Asia Pacific is likely to make noteworthy contributions towards overall market revenue. The growth can be credited to large-scale use of the product in paints & coatings, pharmaceuticals, resins, herbicides, plasticizers, chemical intermediates, and food-grade extractants. Bio-butanol displays huge potential as a motor fuel, chemical feedstock, and industrial solvent as a result of high energy density as well as better fuel economy.

The key players profiled in the report include METabolic Explorer, Butalco GmBH, Cobalt Biofuels, Arbor Biofuels, DuPont, TetraVitae Biosciences, Bioenergy International, Gevo, and Green biologics limited. Industry players are trying to increase their regional market share through introduction of new products and are focusing on creating eco-friendly products to minimize environmental degradation along with enhancing their profitability.

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