Transparency
Market Research Reports included a detailed market survey and analysis trends
on “Biobutanol Market”. This
report also includes more info about basic overview of the industry including
definitions, applications and global market industry structure. With the
increase in population our demand for energy is also increasing day by day,
hence we are always looking for some alternate source of energy that can
fulfill our energy demands. Biobutanol which is a renewable source of energy
can help us in achieving this energy security. Biobutanol also known as butyl
alcohol is a 4 carbon chained non polar molecule similar to that of gasoline.
Despite being from an alcoholic group its energy content is much closer to that
of gasoline and hence can be used as the substitute of gasoline as a cleaner
fuel.
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It
can be produced by fermentation of biomass that includes corn, sugarcane, wheat
etc., which is also known as acetone–butanol–ethanol process. This process
releases hydrogen and some useful byproducts like acetic acid, lactic acid and
ethanol. The process uses a special kind of bacteria known as bacterium
clostridium acetobutylicum. The second process uses Ralstonia Eutropha (soil
bacteria) which requires an electro bioreactor. When mixed with gasoline in
proper concentration it can act as the fuel for running vehicles. Butanol if
prepared using fossil fuels instead of biomass is known as Petrobutanol. Europe
and North America are two major markets for Biobutanol while Asia Pacific and
rest of the world are still depending much on the conventional fossil fuels.
Although demands of biofuels is rising in global market but the fermentation
method is highly inefficient and produces a less amount of Biobutanol, thus
scientists are working on tools of genetic engineering to develop a method that
can be used to produce a good yield of Biobutanol per gram of glucose and have
come out with some solutions to this problem. Besides being used as a fuel it
can also be used in producing rubber, solvents, plastics and jet fuels.
Major
drivers that can affect the demand of Biobutanol in future are increasing
population, policies of different countries that supports or promotes use of
renewable as well as clean sources of energy, increasing investments by
companies in search of a fuel that has potential to replace bioethanol or even
the conventional fossil fuels, increasing efforts by countries in order to
achieve energy security in case of oil shocks or price rise beside these
factors Biobutanol has some of its own advantages that can propel its market
growth these includes high energy content, low vapor pressure and less
corossivity. However main restraints to Biobutanol market are expensive
refining cost, it is highly toxic, gives bad odor on being hydrolyzed and it
hasn’t been commercialized in large scale situation despite its unique
qualities. Due to limited presence of non renewable sources of energy like oil,
gas and coal, energy hungry countries like China, India, Brazil, and Japan etc
can always look towards Biobutanol as the alternative source of energy. With
the increase in attention towards the environment especially in United States
and Europe use of Biobutanol as a cleaner fuel will be important. The European
Union has even created targets for usage of biofuels by its members thus
opportunities are in abundance. BP fuelled Biobutanol BMW cars were used during
the London Olympics of 2012 which has raised interest of several gasoline
retailers in United Kingdom as well as in other part of world.
Some
key players in the market that are producing Biobutanol includes: Arbor
Biofuels, Butalco GmBH, Bioenergy International, Butamax advanced Biofuels LLC
(DuPont/British Petroleum), Cobalt Biofuels, Gevo Included which is backed by
French oil producers Total SA and Richard Branson, Green biologics limited,
METabolic Explorer, and TetraVitae Biosciences.
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This
report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
years
This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
analysis for changing competitive dynamics
- It provides a forward looking
perspective on different factors driving or restraining market
growth
- It provides a technological growth
map over time to understand the industry growth rate
- It provides a seven-year forecast assessed on the basis of how the market is predicted to grow
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