Global Bio-BDO Market - Segmented By Application Industry, and Geography - Trends and Forecasts (2015 - 2020)
The global bio-BDO market has been estimated at USD XX.XX billion in 2015 and is projected to reach USD XX.XX billion by 2020, at a CAGR of XX.XX% during the forecast period. Bio-BDO commonly known as 1,4-butanediol is made from bio- based raw materials such as sugar cane, wheat, molasses, corn, and any other sugar or starch.
Bio-BDO can be used for various applications such as transportation, electronics, consumer appliances and others. Transportation is the major application for bio-BDO, accounting for a market share of XX.XX % in 2015 and at a CAGR of XX.XX% in 2015; it is also the fastest growing segment .
Market Dynamics of the Global Bio-BDO Market:
Rising crude oil prices Demand from automobile industry Stringent government regulations Restraints:
higher raw material price huge competition from fossil-fuel products The global bio-BDO market report offers insights into market size, growth and forecast by segmenting the market based on geography into: North America, Europe, South America, Africa, Asia-Pacific, and the Middle East. Europe is the leading consumer of bio-BDO in 2015 accounting for a share of XX%, followed by North America and APAC. The production of bio-BDO market will shift towards China owing to the easy availability of raw materials and significant investment in the country by major players in the market such as BASF.
Furthermore, the shifting focus towards organic alternatives and shifting focus towards eco-friendly products and technological advancements will offer numerous opportunities for the growth of the bio-BDO market. Some of the major companies dominating the market with its products, and continuous product developments are:
BASF BioAmber Braskem DSM ExxonMobil Chemicals Mitsubishi Chemicals Novozymes Key Deliverables in the Study:
Analysis for the global bio-BDO market, with region specific assessments and competition analysis on global and regional scale. Market definition along with the identification of key drivers and restraints. Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale. Extensively researched competitive landscape section with profiles of major companies along with their market share. Identification and analysis of the macro and micro factors that affect the global bio-BDO market on both global and regional scale. A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information. A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market. Insights on the major countries/regions in which this industry is booming and to also identify the regions that are still untapped.
PDF E-mail From Publisher
Multi User License (2-5 Users) Fulfilled by Publisher