Scope of the Study
Bio-alcohols are produced by the action of microorganisms and enzymes through the fermentation of sugars or starches or cellulose. Bio-alcohols can be used as fuel. Bio-alcohols have two forms, first generation Bio-alcohols made from substances in crops and second generation Bio-alcohols made from inedible plant parts in humanly consumable crops or from fruits of crops. Eco-friendly characteristics of the Bio-alcohol will help to solve the environmental pollution problem. It also helps to reduce the dependence on fossil fuels for energy.
The market study is being classified by Type (Bioethanol, Biomethanol, Biobutanol and BDO), by Application (Transportation, Power Generation, Medical and Others) and major geographies with country level break-up.
Mitsubishi Chemical Corporation (Japan), DuPont (United States), BASF (Germany), Fulcrum Bioenergy Inc (United States), BioAmber Inc (United States), Mascoma LLC (United States), Butamax Advanced Biofuels LLC (United States), Red Rock BioFuels LLC (United States), Myriant Corporation (United States) and Valero Energy Corporation (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Genomatica Inc (United States) and BP Biofuels (United Kingdom).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Bio-alcohols market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Bio-alcohols market by Type, Application and Region.
On the basis of geography, the market of Bio-alcohols has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Grains will boost the Bio-alcohols market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Substitute for Fossil Fuels
- Eco-friendly Characteristics of the Biofuels
- Volatile Prices of Crude Oil
- Corrosive Fuel
- Requires Lot of Cropland Space
- Shortage of Fossil Fuels
- Availability and Low Cost of Biomass
- Growing Automotive Industry
- Not Effective Fuel as Traditional Gasoline
On 12th June 2018, BASF Enzymes and Lallemand Biofuels and Distilled Spirits formally entered into marketing and sales collaboration agreement with the aim to maximize value to customers in the ethanol market.
Key Target AudienceManufacturers of Bio-alcohol, Raw Material Suppliers, Distributors of Bio-alcohol, Laboratories and End-user
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase