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Global Bio-alcohol Market : Industry Analysis And Forecast 2019-2026
Global Bio-Alcohol Market was valued US$ 7.78 Bn in 2018 and is anticipated to reach US$ XX Bn by 2026 at a CAGR of about XX % during a forecast period.
Bio-alcohol is a direct substitute for gasoline which is used as fuel in transportation, energy, and Power Generation sectors. Bio-Alcohol market is gaining traction owing to increasing crude oil prices, growing concern over greenhouse gas emissions, and the need for alternative renewable source of energy across the globe. It is produced by fermentation of sugars derived from raw materials such as grains, sugarcane, Power Generation beets, bio-waste, etc. Bio-ethanol is the most common and the largest product type of bio-alcohol in terms of value and volume consumption.
Bio-ethanol is the most common and the largest product type of bio-alcohol in terms of value and volume consumption. The transportation sector accounts for a XX5 share, therefore bio-ethanol is being largely consumed by the transportation sector to address the rising GHG emission as its use helps reducing CO2 emissions significantly.
Global Bio-Alcohol market ...
... is segmented by type, by raw material, by application and by region. In terms of type, Bio-Alcohol market is segmented into Bioethanol, Biomethanol, Biobutanol and Butanediol. Grains, Sugarcane, Industrial beets, Bio-waste and others are the raw material of the Global Bio-Alcohol market. Transportation, Power Generation, Medical and Others are application segment of Bio-Alcohol market. Geographically market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Based on raw materials, grains segment is accounted for XX% market share in 2018 owing to its widespread applications in food and feed industries.
Based on application, the transportation segment is accounted for XX% market share in terms of value in 2018. This is primarily due to the growing transportation industry coupled with increasing demand for bio-alcohol particularly bio-ethanol as a fuel from transportation industry.
Asia Pacific is accounted as the fastest growing region, owing to increasing production of bio-alcohol, increasing demand from economies such as China, Thailand, and India, and also in automotive industry.
The objective of the report is to present a comprehensive analysis of the Global Bio-Alcohol Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Bio-Alcohol Market dynamics, structure by analyzing the market segments and project the Global Bio-Alcohol Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Bio-Alcohol Market make the report investor’s guide.
The Scope of Global Bio-alcohol Market:
Global Bio-Alcohol Market by Type:
• Bioethanol
• Biomethanol
• Biobutanol
• Butanediol
Global Bio-Alcohol Market by Raw Material:
• Grains
• Sugarcane
• Power Generation beets
• Bio-waste
• Others
Global Bio-Alcohol Market by Application:
• Transportation
• Power Generation
• Medical
• Others
Global Bio-Alcohol Market by Region:
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
Key Player Analysed in the Global Bio-Alcohol Market:
• BASF SE
• BioAmber Inc.
• BP Biofuels
• Cargill Inc.
• Cool Planet Energy Systems Inc.
• Fulcrum BioEnergy Inc.
• Genomatica Inc.
• Harvest Power Inc.
• Mitsubishi Chemical Corporation
• Myriant Corporation
• Raizen S.A.
• Valero Energy Corporation
• Mascoma LLC
• SGBio
• Abengoa S.A.
• Gevo Inc.
• Butamax Advanced Biofuels LLC
• Red Rock BioFuels LLC
• Ginkgo Bioworks
• Maverick Biofuels Inc.
• Algenol Biofuels
• ZeaChem Inc.
• DuPont
• Fulcrum BioEnergy Inc.
This Report Is Submitted By : Maximize Market Research Company
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