Global Bio-based Butanol Market Growth 2023-2029

Global Bio-based Butanol Market Growth 2023-2029

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.

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

This Insight Report provides a comprehensive analysis of the global Bio-based Butanol 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-based Butanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Butanol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Butanol 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-based Butanol.

The global Bio-based Butanol market size is projected to grow from US$ 94 million in 2022 to US$ 121.3 million in 2029; it is expected to grow at a CAGR of 121.3 from 2023 to 2029.

North America is the largest Bio-based Butanol market with about 89% market share. China is follower, accounting for about 4% market share.

The key players are Gevo, Cobalt, Green Biologics, Butamax etc. Top 3 companies occupied about 92% market share.

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

Market Segmentation:

Segmentation by type

Bio-Based N-butanol

Bio-Based Isobutanol

Segmentation by application

Biofuel

Industrial Solvent

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.

Gevo

Cobalt

Green Biologics

Butamax

Key Questions Addressed in this Report

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

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

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

How do Bio-based Butanol market opportunities vary by end market size?

How does Bio-based Butanol 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.