Market Overview:
The global bio alcohol market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for bio-based fuels and chemicals. Bio alcohols are produced by fermenting sugar or starch with yeast, and these products can be used as transportation fuels, solvents, and chemical intermediates. Bio ethanol is the most common type of bio alcohol and is mainly used as a transportation fuel. BDO (butanediol) is another important type of bio alcohol that is used in the production of plastics, textiles, pharmaceuticals, and other industrial products. The global bioalcohol market has been segmented on the basis of type into bio methanol, bio ethanol, biodiesel (BDO), butanol (Bio Butanol), and others. The market for biodiesel accounted for the largest share in 2017 owing to its growing demand as a fuel additive across various end-use industries such as transportation and infrastructure.
Product Definition:
Bioalcohol is a renewable fuel made from biomass. It can be used to power vehicles and generate electricity.
Bio Methanol:
Bio Methanol, also known as Green Methanol or Ethylene Glycol Derivative is a chemical compound derived from natural gas and biomass. It is primarily used to produce ethylene glycol which in turn is used to manufacture polyester fibers, nylon 6 fibers, and other synthetic polymers. Bio methanol when mixed with ethanol forms a liquid form of renewable fuel known as bioethanol.
Bio Ethanol:
Bio ethanol also called as bio alcohol is a type of alcohol that is produced through the fermentation of plant materials such as corn, wheat, and sugar. Bioethanol can be used to produce ethyl ether, gasoline (E85), acetic acid, and polyester fiber. It has applications in various industries including food & beverages (beverage additives), automotive fuel (alcohol fuels), pharmaceuticals & cosmetics among others.
Application Insights:
Bio alcohols are used for various applications in the global market, including transportation, infrastructure, medical and others. Transportation emerged as the largest application segment in 2017 and is projected to maintain its dominance over the forecast period. The growth of this segment can be attributed to growing demand for fuel across various regions coupled with supportive government policies.
The medical sector is expected to witness significant growth over the forecast period owing to rising research activities on using bio-based products in medicine and healthcare delivery systems. However, strict regulations regarding usage of alcoholic beverages within this sector may hinder industry expansion at a substantial rate during the estimated time frame. Medical use accounts for a relatively smaller share as compared to other segments due these stringent regulations that are imposed by governments across different countries on using bio-based products within their healthcare systems (for example; antibiotics).
Regional Analysis:
North America was the second-largest regional market in 2017. The region is expected to maintain its position through the forecast period owing to increasing government support for promoting biofuels and stringent regulations regarding Greenhouse Gas (GHG) emissions by U.S. Environmental Protection Agency (EPA). In December 2016, EPA introduced a new regulation under Clean Air Act which requires refiners and distributors of petroleum products to blend specified amounts of biofuel into gasoline or diesel beginning from 2018 with exceptions for emergencies.
Europe accounted for a significant share in global industry growth owing to various supportive policies adopted by European governments towards adoption of advanced energy technologies such as biodiesel that emit low levels of GHG emissions compared to conventional fossil fuels such as diesel and kerosene used for transportation purposes.
Growth Factors:
- Increasing demand for bio-based products: The increasing demand for bio-based products is one of the major growth drivers for the global Bio Alcohol market. This is because bio-based products are environment friendly and have low emissions as compared to their counterparts.
- Rising awareness about the benefits of using bioalcohols: There is a rising awareness among consumers about the benefits of using bioalcohols, which is propelling the growth of this market. Some of these benefits include reduced environmental impact, improved fuel efficiency and lower greenhouse gas emissions.
- Stringent government regulations on fuel emissions: Stringent government regulations on fuel emissions are another key factor driving the growth of this market. For instance, in Europe, there are stringent regulations such as Euro 6 that mandate use of low emission fuels in vehicles from 2020 onwards.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio Alcohol Market Research Report
By Type
Bio Methanol, Bio Ethanol, Bio BDO, Bio Butanol, Others
By Application
Transportation, Infrastructure, Medical, Others
By Companies
Cargill, BASF, DuPont, Mitsubishi Chemical, BP Biofuels, Cargill
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Bio Alcohol Market Report Segments:
The global Bio Alcohol market is segmented on the basis of:
Types
Bio Methanol, Bio Ethanol, Bio BDO, Bio Butanol, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Infrastructure, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cargill
- BASF
- DuPont
- Mitsubishi Chemical
- BP Biofuels
- Cargill
Highlights of The Bio Alcohol Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bio Methanol
- Bio Ethanol
- Bio BDO
- Bio Butanol
- Others
- By Application:
- Transportation
- Infrastructure
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio Alcohol Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bioalcohol is a term used to describe any alcohol that comes from plants, rather than from fermented foods or beverages. Bioalcohol can come from a variety of sources, including grapes, honey, and beer.
Some of the major companies in the bio alcohol market are Cargill, BASF, DuPont, Mitsubishi Chemical, BP Biofuels, Cargill.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio Alcohol Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio Alcohol Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio Alcohol Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio Alcohol Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio Alcohol Market Size & Forecast, 2018-2028
4.5.1 Bio Alcohol Market Size and Y-o-Y Growth
4.5.2 Bio Alcohol Market Absolute $ Opportunity
Chapter 5 Global Bio Alcohol Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bio Alcohol Market Size Forecast by Type
5.2.1 Bio Methanol
5.2.2 Bio Ethanol
5.2.3 Bio BDO
5.2.4 Bio Butanol
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bio Alcohol Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bio Alcohol Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Infrastructure
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio Alcohol Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio Alcohol Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bio Alcohol Analysis and Forecast
9.1 Introduction
9.2 North America Bio Alcohol Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bio Alcohol Market Size Forecast by Type
9.6.1 Bio Methanol
9.6.2 Bio Ethanol
9.6.3 Bio BDO
9.6.4 Bio Butanol
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bio Alcohol Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Infrastructure
9.10.3 Medical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bio Alcohol Analysis and Forecast
10.1 Introduction
10.2 Europe Bio Alcohol Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bio Alcohol Market Size Forecast by Type
10.6.1 Bio Methanol
10.6.2 Bio Ethanol
10.6.3 Bio BDO
10.6.4 Bio Butanol
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bio Alcohol Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Infrastructure
10.10.3 Medical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bio Alcohol Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bio Alcohol Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bio Alcohol Market Size Forecast by Type
11.6.1 Bio Methanol
11.6.2 Bio Ethanol
11.6.3 Bio BDO
11.6.4 Bio Butanol
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bio Alcohol Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Infrastructure
11.10.3 Medical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bio Alcohol Analysis and Forecast
12.1 Introduction
12.2 Latin America Bio Alcohol Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bio Alcohol Market Size Forecast by Type
12.6.1 Bio Methanol
12.6.2 Bio Ethanol
12.6.3 Bio BDO
12.6.4 Bio Butanol
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bio Alcohol Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Infrastructure
12.10.3 Medical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bio Alcohol Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bio Alcohol Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bio Alcohol Market Size Forecast by Type
13.6.1 Bio Methanol
13.6.2 Bio Ethanol
13.6.3 Bio BDO
13.6.4 Bio Butanol
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bio Alcohol Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Infrastructure
13.10.3 Medical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio Alcohol Market: Competitive Dashboard
14.2 Global Bio Alcohol Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 BASF
14.3.3 DuPont
14.3.4 Mitsubishi Chemical
14.3.5 BP Biofuels
14.3.6 Cargill
