The global Bio-Alcohols market was valued at US$ 9143.8 million in 2022 and is projected to reach US$ 12320 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Bio-Alcohols market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Bio-Alcohols market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Bio-Alcohols market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Bioethanol offers higher-octane fuel alternative and is also used for energy oriented applications, such as power generation. Its applications in trucks, buses, airplanes, medical industry, and fuel cells is to lift the growth in the market. The blending of bioethanol with petrol can increase the life span of diminishing oil supplies and ensure greater fuel security globally. Bioethanol is also considered due to its biodegradability and low toxicity than fossil fuels.
This report aims to provide a comprehensive presentation of the global market for Bio-Alcohols, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-Alcohols. This report contains market size and forecasts of Bio-Alcohols in global, including the following market information:
- Global Bio-Alcohols Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Bio-Alcohols Market Sales, 2018-2023, 2024-2032, (K MT)
- Global top five Bio-Alcohols companies in 2022 (%)
Demand for long-term energy security, especially from the emerging countries, and the eco-friendly nature of bio-alcohols are the factors that drive the growth of the market. However, consumption of food grains as feedstock is anticipated to hamper the market growth in the coming years due to increase in population. The volatile prices of crude oil is a major trend expected to create opportunities for bio-alcohols market.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bio-Alcohols manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-Alcohols Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Alcohols Market Segment Percentages, by Type, 2022 (%)
- Bioethanol
- Biomethanol
- Biobutanol
- BDO
Global Bio-Alcohols Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Alcohols Market Segment Percentages, by Application, 2022 (%)
- Transportation
- Infrastructure
- Medical
- Others
Global Bio-Alcohols Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bio-Alcohols Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Bio-Alcohols revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Bio-Alcohols revenues share in global market, 2022 (%)
- Key companies Bio-Alcohols sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Bio-Alcohols sales share in global market, 2022 (%)
key players include:
- Cargill
- Myriant
- BASF
- Mitsubishi Chemicals
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bio-Alcohols, market overview.
Chapter 2: Global Bio-Alcohols market size in revenue and volume.
Chapter 3: Detailed analysis of Bio-Alcohols manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bio-Alcohols in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bio-Alcohols capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
