South Korea Bio-based Butanol Market Driving the Growth, Current Trends

According to a new research report titled Bio-based Butanol Market Global Industry Perspective, Comprehensive Analysis And Forecast by 2021 – 2025

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The latest report on the Bio-based Butanol Market 2021 industry takes a closer look at the value chain assessment for the forecast period, 2021 to 2025.
Bio-based butanol or biobutanol is a butanol that is produced from biomass feedstocks (like corn, cassava, molasses, sugar beet and sugar cane etc). Butanol is a 4-carbon alcohol that is currently used as an industrial solvent in many wood finishing products. Biobutanol can be utilized in internal combustion engines as both a gasoline additive and or a fuel blend with gasoline. Since biobutanol is more chemically similar to gasoline than ethanol, it can be integrated into regular internal combustion engines easier than ethanol.
First, due to non-renewable petroleum resources and volatility in international oil prices, bio-based butanol has become a new alcohol biofuel production with the environmental protection and high-profit. The key is that, increasingly, processes based on renewable starting materials provide a critical alternative source of "on-purpose" production for certain chemicals. Bio-based butanol is an alcohol that can be produced from renewable, organic material (biomass) including corn, wheat, sugarcane and—in the future—non-food plants.
Second, the bio-based butanol industry is highly concentrated, which is due to the high barriers, including technical barriers and high raw materials costs. Companies are more concerned with technology and raw materials costs, so Brazil, China, India and other crops developing regions have raw material cost advantage.
The bio-based butanol manufacturers are Gevo, Butamax, Cobalt, Green Biologics.

Global Bio-based Butanol market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of XX between 2021 and 2025.

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Key Competitors of the Global Bio-based Butanol Market are:
Gevo, Cobalt, Green Biologics, Butamax,

The ‘Global Bio-based Butanol Market Research Report’ is a comprehensive and informative study on the current state of the Global Bio-based Butanol Market industry with emphasis on the global industry. The report presents key statistics on the market status of the global Bio-based Butanol market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

Major Product Types covered are:

Bio-Based N-butanol
Bio-Based Isobutanol

Major Applications of Bio-based Butanol covered are:

Biofuel
Industrial Solvent
Others

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Regional Bio-based Butanol Market (Regional Output, Demand & Forecast by Countries):-
North America (United States, Canada, Mexico)
South America ( Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And More.

The research report studies the past, present, and future performance of the global market. The report further analyzes the present competitive scenario, prevalent business models, and the likely advancements in offerings by significant players in the coming years.

Key Questions answered by the Report

• What will be the growth rate of the Global Bio-based Butanol Market 2021 for the forecast period 2021 to 2025?
• What will be the market size during this estimated period?
• What will be the growth areas within the market space and where should the participant focus to gain maximum ROI?
• Who are the prominent industries players dominating the Global Bio-based Butanol Market and what are their business strategies to stay ahead in the competition against their rivals?
• What are kind of challenges hindering the development of the industry worldwide?
• Competitive landscape of the Global Bio-based Butanol Market
• What are the opportunities business owners can rely upon to earn more profits and stay competitive during the estimated period?
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards Global Bio-based Butanol market performance

Access full Report Description, TOC, Table of Figure, Chart, etc. @ https://reportsinsights.com/industry-forecast/Bio-based-Butanol-Market-266735

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