Global Bio-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-butanol Industry Forecast” looks at past sales and reviews total world Bio-butanol sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-butanol sales for 2023 through 2029. With Bio-butanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-butanol industry.
This Insight Report provides a comprehensive analysis of the global Bio-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-butanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-butanol market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-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-butanol.
The global Bio-butanol market size is projected to grow from US$ 11390 million in 2022 to US$ 18320 million in 2029; it is expected to grow at a CAGR of 18320 from 2023 to 2029.
Asia Pacific bio-butanol market accounted for over 40% of the global demand in 2017. Asia Pacific is expected to be the fastest growing market in the next seven years owing to the robust manufacturing base and government support for research and development.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-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
Others
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-butanol market?
What factors are driving Bio-butanol market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-butanol market opportunities vary by end market size?
How does Bio-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.