“Bio-butanol Market” research report would be to present the accurate and tactical analysis of the market assets, growing factors, supply, industry size, regional segmentation, dynamics as well as prices variant for its forecast year 2024. The report study provides key statistics on the market status of the Bio-butanol manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Scope of the Report:
This report studies the global Bio-butanol market size, industry status and forecast, competition landscape and growth opportunity.
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Key Market Trends:
Demand from Biofuel to Expand at the Fastest Rate
Bio-butanol is a four-carbon alcohol made by the fermentation of biomass feedstock. As butanol provides nearly as much energy as gasoline, it does not decrease the gas mileage, as compared to ethanol. Additionally, bio-butanol can be pumped straight to the tank, without making modifications to the engine.
Bio-butanol is generating interest as a potential green alternative to petroleum fuels. It is preferred as a superior automobile fuel, as compared to bioethanol, owing to its high energy content. Furthermore, it is less corrosive in nature, and can be blended with any concentration with gasoline (petrol). Moreover, bio-butanol has low vapor pressure, thus lower volatility and evaporative emissions. Bio-butanol also reduces greenhouse gas emissions, as it exhibits fewer emissions compared to other transport fuels. The United States and the European countries have started with fleet-testing of bio-butanol, in order to further promote the usage of bio-butanol.
Growing number of cars on road and increasing sales of vehicles are expected to drive the market for motor fuel, which, in turn, may boost the market studied through the coming years.
The number of cars on the road is expected to rise by up to 2 billion, by 2050.
According to OICA, the total sales of all vehicles, including passenger and commercial, reached 96,804,390 million units, in 2017, from 93,905,634 million units, in 2016. This increase is leading to more usage of motor fuels in cars, which, in turn, may drive the market for bio-butanol as an alternative to transport fuel.
Asia-Pacific Region to Dominate the Market
In the Asia-Pacific region, China accounts for the largest market share in bio-butanol consumption. The country is the largest producer of paints and coatings in the Asia-Pacific region, with an estimated coating production of more than 15 million metric ton, which is expected to increase significantly in the near future. According to the China Adhesives and Tape Industry Association, the Chinese adhesive market grew by 7.5%, in terms of volume, and was valued at 7.887 million metric ton in 2017. The market grew further in 2018, and is expected to witness a positive trend through the forecast period. The increasing coatings, adhesive, and resin production is primarily supported by the growing construction, and infrastructural and automotive industries. China is promoting and undergoing urbanization, with a 60% target rate by 2020. The increased living spaces required in urban areas, resulting from urbanization, and the desire of middle-class urban residents to improve their living conditions are expected to have a profound effect on the housing market. Additionally, various paint manufacturers are expanding their product line, owing to the increasing demand for coatings. Major adhesive manufacturers are expanding their product line in India. The aforementioned factors are expected to drive the market growth, over the forecast period.
Most of the companies present in the market are efficient at the technological front but require significant support for enhancing their services and expanding their businesses. Thus, mergers and acquisitions offer significant opportunities to gain the attention of a large number of providers across developed regions.
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Detailed TOC of Bio-butanol Market Report 2020-2024:
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1.1 Reduction of Carbon Emission to a Great Extent
4.1.2 Gaining Prominence as a Building Block for Chemical Manufacturing
4.2.1 Technological Challenges in Production
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porters Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION
5.1.3 Glycol Ethers
5.1.6 Other Applications
18.104.22.168 South Korea
22.214.171.124 Rest of Asia-Pacific
5.2.2 North America
126.96.36.199 United States
188.8.131.52 Rest of North America
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
5.2.4 South America
18.104.22.168 Rest of South America
5.2.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 South Africa
188.8.131.52 Rest of Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.2 Gevo Inc
6.4.3 Green Biologics
6.4.4 Praj Industries
6.4.6 Cathay Industrial Biotech
6.4.7 W2 Energy
6.4.9 Potential Entrants
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increasing Consumption of Biofuels in he tAviation Industry
7.2 Alternative to Ethanol
Name: Ajay More
Organization: Industry Research
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