Bio-Alcohol Market Regional Forecast to 2022


Posted September 30, 2019 by MPatni

Global Bio-Alcohol Market Information-by Type (Bioethanol, Biomethanol, Biobutanol, And BDO), by Application (Infrastructure, Transportation, Medical, Power Generation, Others) and by Region - Forecast to 2022
 
Bio-Alcohol Market Overview:
The global bio alcohol market is growing with the rapid pace; mainly due to the expanding transportation sector. According to a recent study report published by the Market Research Future, the global market of bio alcohol is prospering and expected to gain prominence over the forecast period. According to a recent study report published by the Market Research Future, the global market of Bio-Alcohols is emerging as the fastest growing market owing to the increase in scarcity of non-renewable resources and fluctuating prices of crude oil and is expected to reach 110 billion USD by 2022 with a CAGR of 8.8% during 2018-2022.
Growing consumption of biofuels in various applications is the important reason behind their growth in the market. Moreover, end-use industries such as pharmaceutical, and cosmetics provide impetus to the bio alcohol market growth.
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Bio-Alcohol Industry/ Innovation/ Related News:
June 3, 2015 – Mascoma LLC and the Department of Energy's BioEnergy Science Center, have manufactured a strain of yeast that is set to boost the production of biofuels form non-food matter. This method is expected to increase the production of biofuels in the couple of years than the current one which is formed from corn. Moreover, with this development, the biofuel market is expected to witness a rapid growth due to cost-effective nature of the product over the assessment period.
July 14, 2016 – Mitsubishi Chemical Corporation (Japan), a prominent bio fuel producing company, declared that the company has signed an agreement with Mitsui Zosen Machinery to form a corporate tie up for the production and supply of zeolite membranes. The production of these membranes is set to boost the bio alcohol market because they are used in industrial alcohol collection and bio-ethanol water removal systems. Moreover, the company also declared that they are primarily used in these purification systems due to its water and acid resistance features. Therefore, these factors are estimated to drive the market during the forecast period.
Bio-Alcohol Market Key Players:
To sustain in competitive market, the major players are looking out for opportunity in using bio-based products and are entering into agreements, expansions and other development activities. The major key players of this market are: BASF SE, Fulcrum Bioenergy Inc, Cool Planet Energy Solutions, E.I. du Pont de Nemours & Co., Harvest Power, Inc., Mitsubishi Chemical Corporation, Myriant Corporation, Mascoma LLC, Butamax Advanced Biofuels LLC, Red Rock BioFuels LLC and others.
Bio-Alcohol Market Competitive Analysis:
The Bio alcohol market appears to be competitive with the presence of several large and small players operating in the global market. These major players are competing in the market on the basis of price, raw material type, quality, technology and innovation. Bio alcohol market is attributed to grow at a higher growth and likely to attract many newcomers in the market resulting in to strong competition in the future. Manufacturers operating in the bio alcohol market are striving to respond to the growing demand for the product in pharmaceuticals, cosmetics, automotive, and others. They ensure to produce best quality products based on feedstock, efficiency, performance and factors that are trending in the market.
Bio-Alcohol Market Segmentation:
The global bio-alcohol market is majorly segmented on the basis of types and application. Based on type of bio-alcohol the market is segmented into bioethanol, bio-methanol, biobutanol and BDO. Based on application of bio-alcohol the market is segmented into infrastructure, transportation, medical, power generation, others.
Bio-Alcohol is segmented into bioethanol, bio-methanol, biobutanol and BDO. In 2015, bio-ethanol is leading segment. Bio-ethanol is growing at high pace offering higher octane alternative for gasoline which is also used in other energy-oriented applications such as power generation. Bio-methanol being remain unchanged in production of petrol drive its demand over the forecasted period.
Bio-Alcohol Market Regional Analysis:
The market is classified and analyzed on the basis of various geographic segmentation which includes; Americas, Europe, Asia-Pacific, Middle East and Africa. Out of all, Europe being largest producer and consumer of bio-alcohols followed by US. These is attributed owing to stringent regulations by government regarding carbon emission and sustainable greener environment. Automobile industries in Germany and U.S are highly focusing on bio-based fuels to increase the fuel efficiency. Thus, low supply of raw materials is hampering the bio-alcohol market growth.
U.S is also largest consumer and producer of bio-alcohols. U.S government is also taking beneficial initiatives for shifting the industries demand for bio-alcohols or bio-based chemicals over non-renewable resources such as loan guarantees to those manufacturers which are using high performance bio-based chemicals. Other developing regions like China and India are expected to witness a stable growth owing to lenient regulations in using non-conventional resources. Increase in use of bio-ethanol to sustain rapid industrialization is driving the market in South America.
Bio-Alcohol Market Table Of Contents:
1 Executive Summary
2 Scope of The Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview Of Global Bio-Alcohol Market
Bio-Alcohol Market Table Of Contents to be Continue………,
Bio-Alcohol Market List Of Tables:
Table 1 World Population By Major Regions (2015 To 2030) (Billion)
Table 2 Global Bio-Alcohol Market: By Region, 2014-2022 (USD Billion)
Table 3 North America Bio-Alcohol Market: By Country, 2014-2022 (USD Billion)
Table 4 Europe Bio-Alcohol Market: By Country, 2014-2022 (USD Billion)
Table 5 Asia-Pacific Bio-Alcohol Market: By Country, 2014-2022 (USD Billion)
Bio-Alcohol Market List Of Tables to be Continue………,
Bio-Alcohol Market List Of Figures:
FIGURE 1 Global Bio-Alcohol Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Bio-Alcohol Market
FIGURE 4 Value Chain Of Global Bio-Alcohol Market
FIGURE 5 Share Of Global Bio-Alcohol Market In 2014, By Country (In %)
Bio-Alcohol Market List Of Figures to be Continue………,
Click to View The Full Report TOC, Figure and Tables @ https://www.marketresearchfuture.com/reports/bio-alcohol-market-963
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Issued By mpatni
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Categories Business , Industry
Tags bioalcohol market
Last Updated September 30, 2019