PUBLISHER: IMARC | PRODUCT CODE: 1451356
PUBLISHER: IMARC | PRODUCT CODE: 1451356
Bio-Alcohols Market Report by Product Type, Raw Material, Application, and Region 2024-2032
The global bio-alcohols market size reached US$ 14.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 31.6 Billion by 2032, exhibiting a growth rate (CAGR) of 9.1% during 2024-2032.
Bio-alcohols comprisebiomethanol, bioethanol, biopropanol, and biobutanol, which are renewable and eco-friendly fuels produced from biological resources or biomass. They are fermented by the action of microorganisms and enzymes through the fermentation of sugars, starches, and cellulose. They are combustible, volatile, and offer low viscosity and toxicity with a high energy density. At present, due to the emerging trend of cocktail culture, especially among millennials, bio-alcohols are gaining immense traction in alcoholic beverages.
Bio-Alcohols Market Trends:
The increasing adoption of biofuels in automobiles due to the implementation of stringent government regulations for minimizing carbon emissions of vehicles represents one of the major factors positively influencing the demand for bio-alcohols. It can also be attributed to the risingsales of high-performance automobiles and inflating prices of petrol worldwide. In addition, it is used in construction materials as it is a biodegradable, sustainable and economicalrenewable energy resource. This, in confluence with rising construction activities in the residential, commercial, and industrial areas, is contributing to the market growth. Apart from this, bio-alcohols are widely employed in personal care and cosmetic products, such as perfumes, body mist, hair sprays, and hand sanitizers. This, along with the growing demand for organic and natural products, is propelling the market growth. Furthermore, the increasing consumer awareness abouthousehold cleanliness and hygiene is catalyzing the demand for bio-alcohols in household cleaners and disinfectants. Besides this, the widespread product usage in the production of medicinal productsis offering lucrative growth opportunities to industry investors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global bio-alcohols market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product type, raw material and application.
Breakup by Product Type:
Bio-Methanol
Bio-Ethanol
Bio-Butanol
Bio-BDO
Others
Bio-ethanol dominates the market as it exhaust gases of ethanol are much cleaner.
Breakup by Raw Material:
Grains
Sugarcane
Industrial Beets
Biowaste
Others
Grains currently account for the majority of the total market share.
Breakup by Application:
Transportation
Construction
Medical
Power Generation
Others
Bio-alcohols find extensive application in the transportation industry to minimize carbon emissions.
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
North America holds the majority of the global bio-alcohols market share due to increasing construction activities in the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are BASF SE, Braskem SA, Cargill, Incorporated, DuPont de Nemours, Inc., Fulcrum BioEnergy, Inc., Genomatica, Inc., Harvest Power, Koninklijke DSM N.V., Lallemand Inc., Mitsubishi Chemical Holdings Corporation, PTT Global Chemical Public Company Limited, and Valero Marketing and Supply Company.
Key Questions Answered in This Report
- 1. How big is the global bio-alcohols market?
- 2. What is the expected growth rate of the global bio-alcohols market during 2024-2032?
- 3. What are the key factors driving the global bio-alcohols market?
- 4. What has been the impact of COVID-19 on the global bio-alcohols market?
- 5. What is the breakup of the global bio-alcohols market based on the product type?
- 6. What is the breakup of the global bio-alcohols market based on the raw material?
- 7. What is the breakup of the global bio-alcohols market based on the application?
- 8. What are the key regions in the global bio-alcohols market?
- 9. Who are the key players/companies in the global bio-alcohols market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Bio-Alcohols Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Bio-Methanol
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Bio-Ethanol
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Bio-Butanol
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Bio-BDO
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Others
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Raw Material
- 7.1 Grains
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Sugarcane
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial Beets
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Biowaste
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Application
- 8.1 Transportation
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Construction
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Medical
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Power Generation
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 BASF SE
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Braskem SA
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Cargill, Incorporated
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 SWOT Analysis
- 14.3.4 DuPont de Nemours, Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Fulcrum BioEnergy, Inc.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Genomatica, Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Harvest Power
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Koninklijke DSM N.V.
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Lallemand Inc.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Mitsubishi Chemical Holdings Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 PTT Global Chemical Public Company Limited
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Valero Marketing and Supply Company
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 BASF SE
List of Figures
- Figure 1: Global: Bio-Alcohols Market: Major Drivers and Challenges
- Figure 2: Global: Bio-Alcohols Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Bio-Alcohols Market: Breakup by Product Type (in %), 2023
- Figure 4: Global: Bio-Alcohols Market: Breakup by Raw Material (in %), 2023
- Figure 5: Global: Bio-Alcohols Market: Breakup by Application (in %), 2023
- Figure 6: Global: Bio-Alcohols Market: Breakup by Region (in %), 2023
- Figure 7: Global: Bio-Alcohols Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 8: Global: Bio-Alcohols (Bio-Methanol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Bio-Alcohols (Bio-Methanol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Bio-Alcohols (Bio-Ethanol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Bio-Alcohols (Bio-Ethanol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Bio-Alcohols (Bio-Butanol) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Bio-Alcohols (Bio-Butanol) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Bio-Alcohols (Bio-BDO) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Bio-Alcohols (Bio-BDO) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Bio-Alcohols (Other Product Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Bio-Alcohols (Other Product Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Bio-Alcohols (Grains) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Bio-Alcohols (Grains) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Bio-Alcohols (Sugarcane) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Bio-Alcohols (Sugarcane) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Bio-Alcohols (Industrial Beets) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Bio-Alcohols (Industrial Beets) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Bio-Alcohols (Biowaste) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Bio-Alcohols (Biowaste) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Bio-Alcohols (Other Raw Materials) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Bio-Alcohols (Other Raw Materials) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Bio-Alcohols (Transportation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Bio-Alcohols (Transportation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Global: Bio-Alcohols (Construction) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Global: Bio-Alcohols (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Global: Bio-Alcohols (Medical) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Global: Bio-Alcohols (Medical) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Global: Bio-Alcohols (Power Generation) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Global: Bio-Alcohols (Power Generation) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Global: Bio-Alcohols (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Global: Bio-Alcohols (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: North America: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: North America: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: United States: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: United States: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Canada: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Canada: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Asia Pacific: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Asia Pacific: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: China: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: China: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Japan: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Japan: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: India: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: India: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: South Korea: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: South Korea: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Australia: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Australia: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Indonesia: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Indonesia: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Others: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Others: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Europe: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Europe: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Germany: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Germany: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: France: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: France: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: United Kingdom: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: United Kingdom: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Italy: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Italy: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Spain: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Spain: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Russia: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Russia: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Latin America: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Latin America: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 78: Brazil: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 79: Brazil: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 80: Mexico: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 81: Mexico: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Others: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 83: Others: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 84: Middle East and Africa: Bio-Alcohols Market: Sales Value (in Million US$), 2018 & 2023
- Figure 85: Middle East and Africa: Bio-Alcohols Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 86: Global: Bio-Alcohols Industry: SWOT Analysis
- Figure 87: Global: Bio-Alcohols Industry: Value Chain Analysis
- Figure 88: Global: Bio-Alcohols Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Bio-Alcohols Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Bio-Alcohols Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Bio-Alcohols Market Forecast: Breakup by Raw Material (in Million US$), 2024-2032
- Table 4: Global: Bio-Alcohols Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 5: Global: Bio-Alcohols Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Bio-Alcohols Market Structure
- Table 7: Global: Bio-Alcohols Market: Key Players
