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According to the latest report by IMARC Group,the global biobutanol market grew at a CAGR of around 9% during 2015-2020.<br>Biobutanol, or butyl alcohol, is an excellent renewable energy source used as a transport fuel, industrial solvent, and chemical feedstock.
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Global Biobutanol Market Research Report and Forecast 2021-2026 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Biobutanol Market Outlook 2026: According to the latest report by IMARC Group, titled “Biobutanol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global biobutanol market grew at a CAGR of around 9% during 2015-2020. Biobutanol, or butyl alcohol, is an excellent renewable energy source used as a transport fuel, industrial solvent, and chemical feedstock. It contains four carbon atoms and is obtained from the fermentation of starch, sugar, and cellulose in organic feedstocks. As compared to ethanol, biobutanol is non-corrosive, immiscible, and less flammable. It also has a higher energy content with lower vapor pressure. Upon combustion, it releases fewer hydrocarbons, nitrogen oxide, and carbon monoxide. On account of these properties, biobutanol is widely used as an energy source in internal combustion (IC) engines and the manufacturing of rubber, paints, coatings, resins, plasticizers, pharmaceuticals, food-grade extractants, chemical intermediates, and herbicides.
Report Description and Highlights Report Description Global Biobutanol Market Trends: The rising demand for renewable energy and alternative fuel generation sources, coupled with increasing overall consciousness, represents one of the key factors driving the market growt The widespread adoption of biobutanol for the manufacturing of various chemicals, such as butyl acrylates, is acting as another major growth-inducing factor. Biobutanol is also used for the production of acetates, acrylates, glycol ethers and other industrial solvents, which, in turn, is creating a positive outlook for the market. Other factors, including the increasing consumption of biofuels in the aviation industry and fleet transportation sector, the implementation of favorable government policies encouraging the use of bio-based products, and technological advancements in the field of cellulose extraction, are also anticipated to drive the market toward growth. Request for a free sample report: https://www.imarcgroup.com/biobutanol-market/requestsample
Report Description Report Description and Highlights Market Summary: Breakup by Material Type: • Cereal crops • Sugarcane bagasse • waste biomass Breakup by Application: • Acrylates • Acetates • Glycol ethers • Biofuel Breakup by End-use: • Transportation • Construction • Medical • Power generation
Report Description Report Description and Highlights Breakup by Region: • North America • Europe • Asia Pacific • Latin America • Middle East and Africa Looking forward, the market value is expected to witness moderate growth during 2021-2026.
Report Description and Highlights Report Description Competitive Landscape With Keyplayer: • Abengoa SA • Biocleave Limited • Bioenergy International • Butalco GmBH (Lesaffre), • Butamax Advanced Biofuels LLC • Eastman Chemical Company • Gevo Inc. • Metabolic Explorer SA • Solvay SA • W2 Energy Inc. View Report TOC, Figures and Tables : https://www.imarcgroup.com/biobutanol-market
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