PUBLISHER: Lucintel | PRODUCT CODE: 1418543
PUBLISHER: Lucintel | PRODUCT CODE: 1418543
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 $2.1 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growing global desire for fuel sources that use less energy, expanding the use of biofuels in the fleet transportation and aviation sectors and implementation of favorable government policies promoting the use of bio-based products.
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Bio-Butanol by Segment
The study includes a forecast for the global bio-butanol by feedstock, packaging, application, end use, and region.
List of Bio-Butanol Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bio-butanol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bio-butanol companies profiled in this report include-
Bio-Butanol Market Insights
Lucintel forecasts that drum will remain the largest segment over the forecast period because the large PVC barrels are typically used to store bio-butanol as it is mostly found in liquid form and is utilized as a fuel, solvent, and chemical intermediary.
APAC will remain the largest region over the forecast period due to increase in pollution and government funding for the development of renewable energy sources in nations like China, South Korea, India, and Southeast Asia.
Features of the Global Bio-Butanol Market
Market Size Estimates: Bio-butanol market size estimation in terms of value ($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.
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.