Bio-Butanol Market Report: Trends, Forecast and Competitive Analysis to 2030
Bio-Butanol Trends and Forecast
The future of the global bio-butanol market looks promising with opportunities in the paints & coatings, chemical & petrochemical, textile, building & construction, food & beverages, automotive, pharmaceutical, personal care, cleaning industry, and plastics & rubber industry markets. The global bio-butanol market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing global desire for fuel sources that use less energy, expanding the use of biofuels in the fleet transportation and aviation sectors and implementation of favorable government policies promoting the use of bio-based products.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bio-Butanol by Segment
The study includes a forecast for the global bio-butanol by feedstock, packaging, application, end use, and region.
Bio-Butanol Market by Feedstock [Shipment Analysis by Value from 2018 to 2030]:
- Corn
- Sugar Cane
- Sugar Beet
- Wood
- Cereals
- Others
Bio-Butanol Market by Packaging [Shipment Analysis by Value from 2018 to 2030]:
Bio-Butanol Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Industrial Solvents
- Fuel & Lubricants
- Resins
- Food Grade-Extractants
- Chemical Intermediates
- Herbicides
- Plasticizers
- Others
Bio-Butanol Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Paints & Coating
- Chemical & Petrochemical
- Textile
- Building & Construction
- Food & Beverage
- Transportation
- Pharmaceutical
- Personal Care
- Cleaning Industry
- Plastics & Rubber Industry
Bio-Butanol Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Bio-Butanol Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-butanol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-butanol companies profiled in this report include-
- Butalco
- Energy Quest
- Butyl Fuel
- Eastman Chemical Company
- Cobalt Technology
- Gevo
- Cathy Industrial Biotech Limited
- Cobalt Technology
- Granbio
- Abengoa
Bio-Butanol Market Insights
Lucintel forecasts that drum will remain the largest segment over the forecast period because the large PVC barrels are typically used to store bio-butanol as it is mostly found in liquid form and is utilized as a fuel, solvent, and chemical intermediary.
APAC will remain the largest region over the forecast period due to increase in pollution and government funding for the development of renewable energy sources in nations like China, South Korea, India, and Southeast Asia.
Features of the Global Bio-Butanol Market
Market Size Estimates: Bio-butanol market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bio-butanol market size by feedstock, packaging, application, end use, and region in terms of value ($B).
Regional Analysis: Bio-butanol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different feedstock, packaging, application, end use, and regions for the bio-butanol market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bio-butanol market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the bio-butanol market size?
Answer: The global bio-butanol market is expected to reach an estimated $2.1 billion by 2030.
Q2. What is the growth forecast for bio-butanol market?
Answer: The global bio-butanol market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the bio-butanol market?
Answer: The major drivers for this market are growing global desire for fuel sources that use less energy, expanding the use of biofuels in the fleet transportation and aviation sectors and implementation of favorable government policies promoting the use of bio-based products.
Q4. What are the major segments for bio-butanol market?
Answer: The future of the global bio-butanol market looks promising with opportunities in the paints & coatings, chemical & petrochemical, textile, building & construction, food & beverages, automotive, pharmaceutical, personal care, cleaning industry, and plastics & rubber industry markets.
Q5. Who are the key bio-butanol market companies?
Answer: Some of the key bio-butanol companies are as follows:
- Butalco
- Energy Quest
- Butyl Fuel
- Eastman Chemical Company
- Cobalt Technology
- Gevo
- Cathy Industrial Biotech Limited
- Cobalt Technology
- Granbio
- Abengoa
Q6. Which bio-butanol market segment will be the largest in future?
Answer: Lucintel forecasts that drum will remain the largest segment over the forecast period because the large PVC barrels are typically used to store bio-butanol as it is mostly found in liquid form and is utilized as a fuel, solvent, and chemical intermediary.
Q7. In bio-butanol market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increase in pollution and government funding for the development of renewable energy sources in nations like China, South Korea, India, and Southeast Asia.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bio-butanol market by feedstock (corn, sugar cane, sugar beet, wood, cereals, and others), packaging (drums, bottles, and bags), application (industrial solvents, fuel & lubricants, resins, food grade-extractants, chemical intermediates, herbicides, plasticizers, and others), end use (paints & coating, chemical & petrochemical, textile, building & construction, food & beverage, transportation, pharmaceutical, personal care, cleaning industry, and plastics & rubber industry), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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