Product Code: 978-1-68038-523-6
Bio-butanol Market Growth & Trends:
The global bio-butanol market size is expected to reach USD 29.37 billion by 2030, expanding at a CAGR of 9.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. Bio-butanol market is expected to witness significant growth in the next seven years owing to rising need for bio-based chemicals in place of petroleum based chemicals owing to their similar material characteristics, in addition to lower carbon footprints.
Tight raw material supply on account of food consumption being primary focus of corn and sugarcane is expected to be a major concern over the forecast period. Bio-butanol can be used as a drop-in replacement to petroleum-based butanol in all its applications. Depleting petroleum resources coupled with volatile oil prices has contributed towards the increasing need for bio-butanol.
Glycol ethers are expected to grow at a CAGR of 9.7% from 2024 to 2030, in terms of revenue. Rising demand for glycol ethers on account of their various applications including solvents in liquid soaps, cosmetics, cleaning compounds, resins, paints, perfume and inks is expected to fuel growth in the next seven years.
Bio-butanol Market Report Highlights:
- The acrylate segment dominated the market and accounted for a share of 37.4% in 2023. This is attributable to the fact that bio-butanol's is used as a key ingredient in the production of butyl acrylate, which is widely used in paints, coatings and adhesives. Additionally, improved properties of bio-based acrylates, including sustainability and environmental benefits, will contribute to market penetration.
- Asia Pacific bio-butanol market dominated the market in 2023. This is attributable to strong economies in the region, especially China, a major producer of paints and automobiles, are driving demand for bio-butanol as a sustainable feedstock for various industries.
- Europe bio-butanol market was identified as a lucrative region in this industry. Europe enforces some of the most stringent environmental regulations globally, mandating a significant reduction in greenhouse gas emissions.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Bio-butanol Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million) (Volume in Kilotons)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Bio-butanol Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Bio-butanol Market: Application Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Bio-butanol Market: Application Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Acrylate
- 4.3.1. Acrylate Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.4. Acetate
- 4.4.1. Acetate Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.5. Gycol Ethers
- 4.5.1. Gycol Ethers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.6. Solvents
- 4.6.1. Solvents Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.7. Plasticizers
- 4.7.1. Plasticizers Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 4.8. Others
- 4.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
Chapter 5. Bio-butanol Market: Regional Estimates & Trend Analysis
- 5.1. Bio-butanol Market Share, By Region, 2023 & 2030 (USD Million)
- 5.2. North America
- 5.2.1. North America Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.2. U.S.
- 5.2.2.1. U.S. Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.3. Canada
- 5.2.3.1. Canada Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.2.4. Mexico
- 5.2.4.1. Mexico Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3. Europe
- 5.3.1. Europe Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Billion)
- 5.3.2. UK
- 5.3.2.1. UK Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.3. Germany
- 5.3.3.1. Germany Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.4. France
- 5.3.4.1. France Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.5. Italy
- 5.3.5.1. Italy Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.3.6. Spain
- 5.3.6.1. Spain Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4. Asia Pacific
- 5.4.1. Asia Pacific Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.2. China
- 5.4.2.1. China Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.3. Japan
- 5.4.3.1. Japan Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.4. India
- 5.4.4.1. India Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.4.5. South Korea
- 5.4.5.1. South Korea Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5. Latin America
- 5.5.1. Latin America Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5.2. Brazil
- 5.5.2.1. Brazil Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.5.3. Argentina
- 5.5.3.1. Argentina Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.6. Middle East and Africa
- 5.6.1. Middle East and Africa Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.6.2. Saudi Arabia
- 5.6.2.1. Saudi Arabia Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
- 5.6.3. South Africa
- 5.6.3.1. South Africa Bio-butanol Market Estimates and Forecasts, 2018 - 2030 (USD Million) (Volume in Kilotons)
Chapter 6. Competitive Landscape
- 6.1. Recent Developments & Impact Analysis by Key Market Participants
- 6.2. Company Categorization
- 6.3. Company Heat Map Analysis
- 6.4. Company Profiles
- 6.4.1. Cathay Industrial Biotech Ltd
- 6.4.1.1. Participant's Overview
- 6.4.1.2. Financial Performance
- 6.4.1.3. Product Benchmarking
- 6.4.1.4. Recent Developments/ Strategic Initiatives
- 6.4.2. Gevo
- 6.4.2.1. Participant's Overview
- 6.4.2.2. Financial Performance
- 6.4.2.3. Product Benchmarking
- 6.4.2.4. Recent Developments/ Strategic Initiatives
- 6.4.3. GranBio
- 6.4.3.1. Participant's Overview
- 6.4.3.2. Financial Performance
- 6.4.3.3. Product Benchmarking
- 6.4.3.4. Recent Developments/ Strategic Initiatives
- 6.4.4. Eastman Chemical Company
- 6.4.4.1. Participant's Overview
- 6.4.4.2. Financial Performance
- 6.4.4.3. Product Benchmarking
- 6.4.4.4. Recent Developments/ Strategic Initiatives
- 6.4.5. Abengoa
- 6.4.5.1. Participant's Overview
- 6.4.5.2. Financial Performance
- 6.4.5.3. Product Benchmarking
- 6.4.5.4. Recent Developments/ Strategic Initiatives
- 6.4.6. Cobalt Technologies
- 6.4.6.1. Participant's Overview
- 6.4.6.2. Financial Performance
- 6.4.6.3. Product Benchmarking
- 6.4.6.4. Recent Developments/ Strategic Initiatives
- 6.4.7. Metabolic Explorer
- 6.4.7.1. Participant's Overview
- 6.4.7.2. Financial Performance
- 6.4.7.3. Product Benchmarking
- 6.4.7.4. Recent Developments/ Strategic Initiatives
- 6.4.8. Phytonix
- 6.4.8.1. Participant's Overview
- 6.4.8.2. Financial Performance
- 6.4.8.3. Product Benchmarking
- 6.4.8.4. Recent Developments/ Strategic Initiatives
- 6.4.9. Celtic Renewables
- 6.4.9.1. Participant's Overview
- 6.4.9.2. Financial Performance
- 6.4.9.3. Product Benchmarking
- 6.4.9.4. Recent Developments/ Strategic Initiatives
- 6.4.10. Working Bugs
- 6.4.10.1. Participant's Overview
- 6.4.10.2. Financial Performance
- 6.4.10.3. Product Benchmarking
- 6.4.10.4. Recent Developments/ Strategic Initiatives