Bio-Alcohols Market Research and Forecast Report 2023-2028

1. Global Bio-Alcohols Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Bio-Alcohols Market Research Report: The latest report by IMARC, titled “Bio-Alcohols Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global bio-alcohols market reached a value of US$ 12.8 Billion in 2022. Bio-alcohols refer to eco-friendly chemicals that are obtained by fermentation of starches or sugars by enzymes and microorganisms. The first generation bio-alcohols are commonly prepared from edible products, such as vegetable oil, starch, and sugar. On the other hand, second generation bio-alcohols are made from the inedible parts of numerous consumable crops, including branches, woody stems, and inedible fruits. They are volatile in nature and have a high energy density, due to which they are widely used as fuels. They are also characterized by combustible nature, reduced toxicity and low viscosity. Besides this, these alcohols are increasingly utilized in the production of textiles, perfumes, glues, paints, and diluents. Request Free Sample Report: https://www.imarcgroup.com/bio-alcohols-market/requestsample

4. Report Description and Highlights Report Description Global Bio-Alcohols Market Trends: The global market is primarily driven by the increasing utilization of bio-alcohols for the production of biofuels. They are considered to be a sustainable, biodegradable, economical and renewable alternative to conventional fuels, thereby creating a positive outlook for the market. Moreover, the usage of biofuels leaves a smaller carbon footprint when compared to crude oil-based fuels, which is further contributing to their widespread preference. The market is further driven by the increasing utilization of bio-alcohols in the manufacturing of hand sanitizers. On account of the rapid outbreak of the COVID-19 pandemic, there has been a rising demand for hand sanitizers for disinfection purposes across the globe. This, along with the favorable initiatives undertaken by several governing bodies to encourage the practice of sanitizing hands at regular intervals, has impelled key players to invest in the growing production of bioethanol-based hand sanitizers and disinfectants. Some of the other factors contributing to the market growth include the rising utilization of these products for the formulation of organic cosmetic products and the widespread product usage fir manufacturing pharmaceuticals. On account of the aforementioned factors, the market is expected to grow at a CAGR of 10.20% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Bio-Methanol • Bio-Ethanol • Bio-Butanol • Bio-BDO • Others Breakup by Raw Material: • Grains • Sugarcane • Industrial Beets • Biowaste • Others Breakup by Application: • Transportation • Construction • Medical

6. Report Description and Highlights Report Description • Power Generation • Others Breakup by Region: • North America • United States • Canada • Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy

7. Report Description and Highlights Report Description • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • 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 Supply Company View Full Report with TOC & List of Figure: https://www.imarcgroup.com/bio-alcohols-market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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