Bio-butanol Market Technological Advancements, Growth Opportunity and Forecast 2022-2028Posted by Roger on March 1st, 2023  A fuel or organic solvent, bio-butanol is an alcohol. By fermenting sugar, starch, or cellulose feedstock like wheat, sugar beet, corn, straw, or wood, this solvent is created. Crude oil is substituted with bio-butanol Market. They are a good fuel option since they have a higher octane number, greater flammability limits, a higher flash point, and a higher heat of vaporisation. Because of its low vapour pressure, bio-butanol mixes with gasoline without difficulty. It is thought to be more advantageous than bio-ethanol since it has the ability to provide energy that is equivalent to gasoline and is not caustic. Cleaners, adhesives, jet fuel, synthetic rubber, paint solvents, bio-based plastics, and textiles are further uses for bio-butanol. Additionally, they are anticipated to supply 20% of the world's fuel requirements. The primary driver of rising bio-butanol demand is the desire for renewable energy, which is on the rise. Because of its ability to form polymer chains and combine with other substances, bio-butanol is used in a variety of goods, including acrylates, acetates, glycol ethers, solvents, and plasticizers. A key issue with the production of bio-butanol is the scarcity of raw materials, which raises the price of the finished product and limits market expansion. In both the petrochemical and automotive industries, bio butanol is used as a fuel for internal combustion engines. Bio-butanol may help to cut carbon emissions. Bio-Butanol Market Outlook Due to the cold weather in the majority of the region's countries, North America has the greatest market share. The second-largest market in the world is in Europe. Alternatives to fuels produced from petroleum have been developed in these locations thanks to significant R&D expenditure. Due to the region's expanding population, which in turn is driving up demand for cleaner transportation fuel as well as greener paints and coatings to support the region's expanding construction industry, Asia Pacific is anticipated to experience the fastest market growth over the course of the forecast period. Due to the expanding aviation and transportation sectors in the two nations, India and China are anticipated to be significant growth engines. For Complete Market Insights, Access the Link: https://www.coherentmarketinsights.com/market-insight/bio-butanol-market-696 Key Developments The commercial evaluation of SilicoLife's BUTANOVA technology, a biological method for butanol production, was given a SME instrument phase 1 grant in July 2018. SilicoLife (designs optimal microorganisms and innovative pathways for industrial biotechnology applications) received this grant. SME Instrument is a grant offered by the European Commission as part of the EIC pilot programme. Evaluation of the new technology and a marketing plan for the new cost-effective alternative for producing bio-butanol is the main goal of the new grant. The bio-based dry cleaning solvent SYSTEMK4 was introduced in June 2018 by Kreussler Inc., a producer of textile care solutions, in collaboration with Green Biologics Ltd., a producer of bio-based chemicals. Corn will be converted by Green Biologics using its patented fermentation process into bio-butanol, which will then be utilised to make SOLVONK4, the primary solvent in the SYSTEMK4 dry cleaning solvent. Nesika Energy, LLC was purchased in 2017 by Butamax Advanced Biofules LLC, a joint venture between BP and DuPont (manufacturer of bio-ethanol). In Kansas, at Nesika's manufacturing facility, Butamax began producing bio-butanol (U.S.). Butamax was able to increase its capacity for bio-butanol production thanks to the new plant. Bioenergy International, Butalco GmBH, Cobalt Biofuels, and Arbor Biofuels are a few of the major players in the biobutanol market. They are supported by oil producers like TetraVitae Biosciences and Metabolic. About Us: Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us: Mr. Shah Like it? Share it! More by this author |