Market Overview

The Global Bio-Alcohols Market was valued at USD 12,806.7 million in 2023 and is expected to reach USD 24,778.5 million by 2031 while growing at a CAGR of 8.6% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bio-alcohol market growth. Bio-alcohols, or bio-based alcohols, constitute a category of organic compounds sourced from renewable biomass. Serving as an alternative to conventional fossil fuel-based alcohols, they contribute significantly to the advancement of sustainable and eco-friendly energy solutions, with ethanol and bio-based butanol being the most prevalent among them.

Ongoing research and development efforts, along with a focus on Environmental Sustainability and Energy Security and Diversification, drive the growth of the bio-alcohols market. However, obstacles such as Feedstock Availability and Competition, as well as Land Use Change and Biodiversity Concerns, may hinder market expansion.

Furthermore, the global bio-alcohols industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Bio-Alcohols Market is segmented among Bio-methanol, Bio-ethanol, Bio-butanol, Bio-BDO, and Others, based on Product Type. In 2023, Bio-ethanol accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Application Analysis

The Global Bio-Alcohols Market is segmented among Transportation, Construction, Electronics, Pharmaceutical, and Others, based on Application. In 2023, Transportation accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Bio-Alcohols Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are BASF SE, Braskem, Cargill, Incorporated., DSM, Fulcrum BioEnergy, Harvest Power, Mascoma LLC, Mitsubishi Chemical Corporation, Valero Marketing and Supply Company., Venture Center.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Bio-Alcohols Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Bio-Alcohols Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Bio-Alcohols Market Segmentation, By Product Type  

• Global Bio-Alcohols Market Share Analysis, By Product Type

• Global Bio-Alcohols Market Growth Analysis, By Product Type  

• Global Bio-Alcohols Market Trends, By Product Type  

o Bio-methanol

o Bio-ethanol

o Bio-butanol

o Bio-BDO

o Others

6. Global Bio-Alcohols Market Segmentation, By Application

• Global Bio-Alcohols Market Share Analysis, By Application

• Global Bio-Alcohols Market Growth Analysis, By Application 

• Global Bio-Alcohols Market Trends, By Application

o Transportation

o Construction

o Electronics

o Pharmaceutical

o Others

7. Global Bio-Alcohols Market Segmentation, By Region

• Global Bio-Alcohols Market Share Analysis, By Region

• Global Bio-Alcohols Market Growth Analysis, By Region

• Global Bio-Alcohols Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• BASF SE.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Braskem

• Cargill

• Incorporated.

• DSM

• Fulcrum BioEnergy

• Harvest Power

• Mascoma LLC

• Mitsubishi Chemical Corporation

• Valero Marketing and Supply Company

• Venture Center  

 *Similar analysis will be provided for each company listed above.