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Posted by Harry on August 24, 2024 at 7:20am 0 Comments 0 Likes
Biobutanol is produced primarily through the fermentation of sugars in organic feedstocks. The simple sugar in biomass feedstock is the most common method of producing biobutanol. Biobutanol is commonly used as a plasticizer in plastic materials to decorate the chemical intermediate for butyl esters or butyl ethers. Growing environmental concerns about the release of excessive greenhouse gases in recent years have resulted in an increase in demand for bio-primarily based total goods. The Bio-butanol market is further subdivided by raw material, application, end user, and geography. The market is divided into cereals, sugarcane, sugar beetroot, wood, maize and others based on the raw material. The market is divided into applications such as acrylate, acetates, glycol ethers, biofuel, and others.
Europe Bio Butanol Market Scope and Research Methodology:
The report focuses on market dynamics such as drivers, restraints, challenges, and opportunities. This information on market dynamics is provided in the Europe Bio Butanol market report by region and segment, making it an investor's guide. Data for the report was gathered through primary and secondary research methods, which were combined to produce an error-free and authentic Europe Bio Butanol market report. After determining the total market size, the market was divided into various segments and sub-segments, and the segments were validated through primary research by conducting in-depth interviews with influential individuals in the Europe Bio Butanol industry. The regional and Europe Bio Butanol market sizes were estimated using the bottom-up approach. Secondary research was used to identify major Europe Bio Butanol key players in the industry and their revenues. determined through primary and secondary research. Secondary research includes data collection from various organisations' and governments' official databases, industry journals, white papers, annual reports, and suppliers in the Europe Bio Butanol industry, as well as paid and free databases, whereas primary research includes in-depth interviews with opinion leaders and industry experts.
Europe Bio Butanol Market Report Overview:
The Europe Bio Butanol Market has been forecasted with sales and revenue by region, type, and application. The market research focuses on the market share, major suppliers, distributors, changing price patterns, and the raw material supply chain. The market report provides companies with in-depth knowledge of the Europe Bio Butanol industry dynamics.
Europe Bio Butanol Market Size was valued at USD 2.86 billion in 2021. The Europe Bio Butanol Market size is estimated to grow at a CAGR of 5.8 % over the forecast period.
To Get A Copy Of The Sample Of The Market, Click Here:https://www.stellarmr.com/report/req_sample/Europe-Bio-Butanol-Mark...
Europe Bio Butanol Market Segmentation:
By Raw Material: The market is divided into cereals, sugarcane, sugar beetroot, wood, maize and others based on the raw material. Over the forecast period, the cereals segment is expected to dominate in terms of revenue. The benefits provided by the cereal segment due to low manufacturing costs and easy processing, as well as its low saturated fat content, are attributed to the growth. These factors are primarily responsible for the cereal segment's larger market share in the biobutanol market. As a result, cereals are the primary raw material used in the production of biobutanol. As demand for biobutanol raw materials rises, increased cereal production may aid in the growth of the bio-butanol market.
Based on application, the market is divided into acrylate, acetates, glycol ethers, biofuel, and others. In terms of application, the acrylates segments led the international market during the forecast period. The European market is expected to grow to 1.1 billion USD by 2027, with a 4.4% growth rate over the forecast period. Because of its chemical shape and capabilities, acrylate is used as a chemical intermediate, and it is expected to drive the market.
End User: The market is divided into transportation, construction, medical, and power generation segments. The automotive industry is a major contributor to the growth of the biobutanol market. The automotive sector in Europe is one of the most important, accounting for 29% of total European spending. Europe's automotive R&D investment has increased by 6.1% to reach $60 billion per year. Consumption of bio-butanol as a transportation fuel in automotive applications is increasing as a result of rising international middle-class spending and as a viable alternative to fossil fuels. As a result, as the number of fuel cars increases around the world, so does the biobutanol market in Europe.
Europe Bio Butanol Market Key Players:
Abengoa (Spain)
Bioenergy International (Sweden)
Butalco Gmbh (Germany)
Metabolic Explorer SA (France)
Solvay SA (Belgium)
SGPS SA
UPM Kymmene (Finland)
BASF SE (Germany)
Europe Bio Butanol Market Regional Analysis:
North America, Asia Pacific, Europe, the Middle East and Africa, and South America are the key regions covered in the Europe Bio Butanol market report. The report also includes market size, CAGR, import and export data, and country-level analysis, which integrates the demand and supply forces of the Europe Bio Butanol market in these countries.
Key Questions answered in the Europe Bio Butanol Market Report are:
Key Offerings:
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About Stellar Market Research
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. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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