Bio-Alcohols Market 2021-2026: Global Size, Share, Trends and Forecast Report
According to the recent report by IMARC Group, titled “Bio-Alcohols Market Share: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global bio-alcohols market grew at a CAGR of about 7% during 2014-2019 and expects the market to continue its moderate growth during the next five years.
Bio-alcohols are sustainable, clean and organic chemicals manufactured by fermenting sugars, cellulose, enzymes, starches, and microorganisms. They are extensively deployed for producing textiles, perfumes, varnishes, glues, and diluents. Bio-alcohols are also used as a fuel additive in existing combustion engines. They offer various beneficial properties, such as low viscosity, toxicity, and high energy density.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Bio-Alcohols Market Trends:
The widespread adoption of bio-alcohols for the production of biofuels represents one of the key factors contributing to the market growth. Moreover, the escalating inclination of consumers toward biodegradable, economical, sustainable, renewable, and organic commodities due to their various environmental benefits is propelling the market growth. Besides this, the rising utilization of bio-alcohols in the pharmaceuticals and cosmetics industries is also impelling the growth of the market. Furthermore, numerous initiatives undertaken by governments of various countries and international organizations like the World Health Organization (WHO)for imposing stringent emission regulationsarecreating a positive outlook for the market.
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Global Bio-Alcohols Market 2020-2025 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
BASF SE, Braskem (Odebrecht S.A.), Cargill Incorporated, E.I. Du Pont De Nemours & Co., Fulcrum BioEnergy Inc., Genomatica Inc., Harvest Power Inc., Koninklijke DSM N.V., Mascoma LLC (Lallemand Inc.), Mitsubishi Chemical Corporation, PTT Global Chemical Public Company Limited and Valero Energy Corporation.
The report has segmented the market on the basis on region, product type, raw material and application.
Breakup by Product Type
- Bio-Methanol
- Bio-Ethanol
- Bio-Butanol
- Bio-BDO
- Others
Breakup by Raw Material:
- Grains
- Sugarcane
- Industrial Beets
- Biowaste
- Others
Breakup by Application:
- Transportation
- Construction
- Medical
- Power Generation
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom,Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico,Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
We are updating our reports,If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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