Sarasota, FL -- (SBWIRE) -- 05/17/2018 -- Global Bio-Butanol Market: Overview
Bio-butanol is an alcohol, which is used as an organic solvent or fuel. It is prepared by fermentation of sugar, starch, or cellulose such as wheat, sugar, corn, beet, and wood. With the increasing population, the demand for energy and alternative energy sources is increasing; thus, bio-butanol is one promising energy source to fulfill the increasing energy demands. The main aspect of using bio-butanol is that it has reduced the consumption of crude oil. In addition, it has high heat of vaporization, large octane number, as well as higher flash point. Currently, bio-butanol is used as a transportation fuel and is blended altogether with gasoline; however, it can also be produced from Biomass.
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Global Bio-Butanol Market: Growth Factors
Use of bio-butanol helping in reduction of carbon emission is one of the important and key reason driving the demand and popularity of this market. Further, as the population is increasing continuously pollution can be controlled with the use of bio-butanol as the vehicles require less or no modification for the use of it. Bio butanol also find its applications in industries; it is also used as a solvent in many industries. Butanol can become toxic after a certain concentration rate; thus, its users need to give special attention while using it. In addition, cultivation of butanol relatively requires large amount of land which may lead in deforestation.
Further, bio-butanol also has its varied applications it is also used as a cleaner, adhesives, jet fuels, synthetic rubbers, solvents as paint and bio based plastic as well as fibers.
Global Bio-Butanol Market: Segmentation
The global bio-butanol market is fragmented in terms of raw material, applications and end users. On the basis of raw material, the market is segmented as wheat, sugar beet, corn, and wood. In terms of application, the market is classified as Acetates, Acrylates, Glycol ethers, solvents, and others. On the basis of end users, the market is classified as textile industries, consumer goods, aviation industry, automobile industry and others.
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Global Bio-Butanol Market: Regional Analysis
Europe and North America are the two largest regional segments in this market. In addition, Brazil is also one of the largest country in terms of production as raw materials required for production are widely available in this country. In Europe, there is rise in the bio-butanol market as the government has taken major new responsibilities towards environment.
Global Bio-butanol Market: Competitive Players
Some of the key players in the bio-butanol market are Gevo, BASF, Eastman, Dow, Bioenergy International, Cobal Biofuels, Arbor biofuels, Green Biologics, and ZeaChem, among others.
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Global Bio-Butanol Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa
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