THE BIO-BUTANOL MARKET'S GROWTH, TRENDS, AND PROJECTIONS (2022 - 2028)

BIO-BUTANOL MARKET

In terms of Application, the acrylates category led the global market during the forecast period. Growing demand for the product from various coatings applications such as paper coatings, leather coatings, and water-based coatings is expected to drive growth throughout the forecast period. Furthermore, increased R&D on bio-butanol as a motor fuel to replace gasoline due to its superior physical properties and cost-effectiveness is expected to generate new market opportunities in the near future.

According to Coherent Market Insights the Bio-butanol Market Global Industry Insight, Trends, Outlook, and Opportunity Analysis, 2022-2028

Cereals accounted for a significant portion of the bio-butanol market during the forecast period in terms of raw materials. Butanol can be made from a variety of agricultural and forestry waste products, as well as some energy crops, including apple pomace, potato peel, brewer's wasted malt, corn cobs, corn stover, and corn fibre. In contrast, the manufacturing process includes pre-treating wheat straw with dilute sulphuric acid to improve cellulose accessibility to hydrolytic enzymes. The pretreated wheat straw is then hydrolyzed with hydrolytic enzymes to break down the cellulose into simple 5-carbon or 6-carbon sugars, which are then converted to butanol without product inhibition using a combination fed-batch fermentation/gas stripping process. Because cereals are the primary raw material used in the production of bio-butanol, an increase in cereal production is expected.

The global bio-butanol market is expected to grow significantly in the coming years, owing to a rapid increase in demand from end-use industries such as building and construction. Because the compound is used as a key raw material in the production of paints, coatings, plasticizers, and adhesives, it is in high demand in the construction industry. Furthermore, when blended with gasoline, the compound can be used as a biofuel. On the basis of raw material, the bio-butanol market has been divided into wheat, sugar, corn, wood, and others. Among these, sugar is expected to account for a sizable market share throughout the forecast period. This can be attributed to the widespread availability of sugarcane as a raw material in countries such as China, India, France, Germany, and Brazil, as well as the low cost of wheat straw.

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