Global Bio-Alcohols Market Growth 2023-2029

Global Bio-Alcohols Market Growth 2023-2029

Bioethanol offers higher-octane fuel alternative and is also used for energy oriented applications, such as power generation. Its applications in trucks, buses, airplanes, medical industry, and fuel cells is to lift the growth in the market. The blending of bioethanol with petrol can increase the life span of diminishing oil supplies and ensure greater fuel security globally. Bioethanol is also considered due to its biodegradability and low toxicity than fossil fuels.

LPI (LP Information)' newest research report, the “Bio-Alcohols Industry Forecast” looks at past sales and reviews total world Bio-Alcohols sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-Alcohols sales for 2023 through 2029. With Bio-Alcohols sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-Alcohols industry.

This Insight Report provides a comprehensive analysis of the global Bio-Alcohols landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-Alcohols portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-Alcohols market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-Alcohols and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-Alcohols.

The global Bio-Alcohols market size is projected to grow from US$ 8693.3 million in 2022 to US$ 12010 million in 2029; it is expected to grow at a CAGR of 12010 from 2023 to 2029.

Demand for long-term energy security, especially from the emerging countries, and the eco-friendly nature of bio-alcohols are the factors that drive the growth of the market. However, consumption of food grains as feedstock is anticipated to hamper the market growth in the coming years due to increase in population. The volatile prices of crude oil is a major trend expected to create opportunities for bio-alcohols market.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-Alcohols market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Bioethanol
Biomethanol
Biobutanol
BDO

Segmentation by application
Transportation
Infrastructure
Medical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cargill
Myriant
BASF
Mitsubishi Chemicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-Alcohols market?

What factors are driving Bio-Alcohols market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-Alcohols market opportunities vary by end market size?

How does Bio-Alcohols break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.