Lewes, DE -- (SBWire) -- 05/22/2015 --Report forecast the global bio-alcohols market to grow at a CAGR of 9 percent over the period 2014-2019.
Bio-alcohols are organic compounds produced by the fermentation of sugar or cellulose. Bio-alcohols are primarily used in the transportation sector. For instance, bio-ethanol can be used as a replacement for gasoline in cars.
The global bio-alcohols market can be segmented into five: transportation, infrastructure, medical, and others.
According to the report, scarcity of non-renewable resources is a major factor contributing to market growth. Fluctuation in the prices of crude oil is also leading to the replacement of traditional petroleum-based production of alcohols with bio-based production. Bio-alcohols also have less negative impact on the environment.
Global Bio-alcohols Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, North America, Europe, and ROW; it also covers the global bio-alcohols market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
- APAC
- Europe
- North America
- ROW
Key players in the global bio-alcohols market: BioAmber, Cargill, Genomatica and Myriant
Other Prominent Vendors in the market are: BASF, Cobalt, CoolPlanetBiofuels, DuPont, Fulcrum, Harvest Power, Valero, Mascoma, and Mitsubishi Chemicals
Market Driver
- Scarcity of non-renewable resources
- For a full, detailed list, view our report
Market Challenge
- Non-availability of raw materials
- For a full, detailed list, view our report.
Market Trend
- Increased environmental awareness
- For a full, detailed list, view our report
Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages, "Global Bio-alcohols Market 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Market Segmentation by Type, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and Their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and Their Impact, Vendor Landscape, Key Vendor Analysis.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-bio-alcohols-market-2015-2019
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