Global Bio Alcohols Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Bio Alcohols Market By Type, Raw Material & Application: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the bio alcohols market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
The demand for greener fuels that providing long-term energy security to supply energy as well as economic developments and sustainable environmental needs drive the growth of the bio-alcohols market. Volatility in crude oil prices might be possible to provide significant growth opportunities to the bio-alcohol industry players. Principally, bio alcohols are a long term better alternative to gasoline.
However, factors such as utilization of food grains as feedstock and compatibility of biofuels with automotive frameworks may hamper the market growth during the forecast period.
This report presents a detailed evaluation of bio alcohols, which incorporates current industry situations such as market size, growth and demands, market outlook, major players with their key strategies which include investment, mergers and acquisitions, value chain analysis and porter’s evaluation. It covers the marketplace canvas and the boom opportunities in the coming years. The report has been made with an in-depth analysis along with vital inputs from the various industry professionals. The research is accomplished with both extensive primary and secondary data resources supported with either bottom up or top down approach.
Growth in automotive industry, increasing energy demand, and stable economic growth fuels up the demand of the bio-alcohols market in Asia-Pacific region. Emerging markets such as China, Thailand, and India are expected to show the highest increase in demand for eco-friendly bio-alcohol. Moreover, India already has the infrastructure to produce over 4000 Million litres of bioethanol from molasses a year. Asia-Pacific is followed by European region in bio-alcohol production. Compagnie Industrielle De La Matiere Vegetale (CIMV) located in France is a key player of bio-alcohol production worldwide.
Key Question Answered: • What will be the market size in 2025 and at what rate it will grow? • What trends, barriers, challenges are influencing its growth? • Who are the major key players in global bio alcohols market and what are their strategies? • Which vertical industry is expected to show major growth? • What segment and region will lead the market and why?
The major companies profiled in the report include: BASF SE, BioAmber Inc., BP Biofuels, Cargill Inc., Cool Planet Energy Systems Inc., Fulcrum BioEnergy Inc., Genomatica Inc., Harvest Power Inc., Mitsubishi Chemical Corporation, Myriant Corporation, Raizen S.A., and Valero Energy Corporation.
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