Asia-Pacific Bio Butanol Market was valued at USD 4.3 billion in 2020. The Asia-Pacific Bio Butanol Market size is estimated to grow at a CAGR of 6.8 % over the forecast period.
Biobutanol, also known as bio-based butanol gas, is a second-generation alcoholic gas with a higher energy density and lower volatility than ethanol, and it is also used as a critical Raw material in the production of glycol ethers. Furthermore, biobutanol is primarily used as a plasticizer to improve the chemical intermediate for butyl esters or butyl ethers in plastic fabrics. The market is divided into cereals, sugarcane, sugar beet, wood, corn, and others based on the raw material.
Asia-Pacific Bio Butanol Market Report Scope and Research Methodology:
The SMR research offers an overview of the Asia-Pacific Bio Butanol market share and rival sector, as well as an analysis of the major players and leading regions. This analysis includes the historical trends, revenue, capacity, cost structure, and major drivers of the Asia-Pacific Bio Butanol market. The report aims to provide Asia-Pacific Bio Butanol market's present size, growth rates, and company profiles of the top players and producers.
The report on Asia-Pacific Bio Butanol Market covers market size and analysis for applications, economic factors, and geographic divisions in addition to a complete investigation of important market characteristics. The bottom-up approach was employed to estimate the Asia-Pacific Bio Butanol market size by value and volume. An in-depth analysis of the regional development is included, along with information on the important growth indicators, geographical challenges, and threats faced by the Asia-Pacific Bio Butanol market.
The Asia-Pacific Bio Butanol research provides a thorough analysis and reliable revenue information on the market player. The following details are provided: a description of the company, its primary operations, total earnings and sales, revenue generated in the Asia-Pacific Bio Butanol market, the entry date into the Asia-Pacific Bio Butanol market, recent developments, and other details.
Asia-Pacific Bio Butanol Market Overview:
SMR published a report on Asia-Pacific Bio Butanol Market. The Asia-Pacific Bio Butanol market report is a combination of primary data and secondary data, and domain expert has analysed the market from local as well as point of view. As per the report, the Asia-Pacific Bio Butanol market is expected to grow at a high rate during the forecast period.
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Asia-Pacific Bio Butanol Market Key Players:
India Glycols (India)
Bajaj Hindustan Sugars (India)
Laihe Rockley Biochemicals (China)
PTTEP (Thailand)
Sinopic (China)
VinyThai (Thailand)
Mitsubishi Chemical Corporation (Japan)
Asia-Pacific Bio Butanol Market Drivers:
Nasopharyngeal irritation is another side effect of using this system. and a new an an an an a source of concern in the form an a Industrial paints emit volatile organic compounds during the drying process. Volatile organic compounds have a negative impact on the body roster, putting pressure on vital organs such as the heart and lungs. The perception of the side effects of biobutanol products may have an impact on the biobutanol market's growth.
Asia-Pacific Bio Butanol Market Segmentation:
The market is divided into raw materials such as cereals, sugarcane, sugar beet, wood, corn, and others. Among these cereals segments holds the highest market share. Cereals are the primary raw material used in the production of biobutanol. As demand for bio-butanol raw materials rises, increased cereal production will aid in the growth of the bio-butanol market.
The market is divided into several applications, including acrylate, acetates, glycol ethers, biofuel, and others. Acrylates dominate the market under consideration and are expected to maintain their dominance throughout the forecast period. Biobutanol is used as an intermediate in the manufacture of butyl acrylate, which is then used to make paints and coatings, adhesives, and textiles, among other things. Increased demand for these products from various end-user industries is likely to drive demand at all stages of the value chain, thereby propelling the studied market forward. China has the largest market share of bio-butanol consumption in the Asia-Pacific region.
The market is divided into four end-user segments: transportation, construction, medical, and power generation. Due to an increase in international middle-class spending and as a transportation fuel in automotive applications. A significant portion of other applications. Because bio-butanol is widely used in gasoline, there is a high demand for it in the fuel market. As the number of fuel vehicles increases around the world, so does the bio-butanol market.
Asia-Pacific Bio Butanol Market Regional Insights:
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Asia-Pacific Bio Butanol market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Key Questions answered in the Asia-Pacific Bio Butanol Market Report are:
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Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
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Mar 18, 2023
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