Global Bio-butanol Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Raw Material Coverage, By Application Coverage, By End-use Industry Coverage, By Geographic Coverage and Leading Companies)
Published Date: Oct 2023 |
Format:
| No. of Pages: 184
The market for bio-butanol was approximately US$1.3 Mn in 2022 and will possibly reach past US$2,000 Mn by the end of 2030.
During the projection period, the market for bio-butanol is expected to see a healthy CAGR of 6.5%.
The primary factor projected to drive the bio-butanol market expansion is the rising use of bio-butanol across various end-use industries, especially construction, manufacturing, industrial, and miscellaneous.
Based on raw material, the cereal crops category holds a majority of the revenue share of the bio-butanol market. By application, acrylates represent the tope-performing segment of the market. Regional analysis reveals dominance of Asia Pacific in the worldwide bio-butanol space.
Biocleave Limited, Bioenergy International, Celtic Renewables, Eastman Chemical Company, Gevo Inc., Phytonix, Solvay S.A., and PetroChina are some of the biggest names in the industry.
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