Bio-Alcohol Market - Ashland, KY

Thursday, 5 September 2019
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City: Ashland, Kentucky
Offer type: Offer
Price: $4,100


Contact name pallavivn
Phone 9607365656

Item description

Bio-Alcohol Market was valued US$ 7.2 Bn in 2017 and is anticipated to reach US$ 13.5 Bn by 2026 at a CAGR of about 8.17 % during a forecast period.Global Bio-Alcohol MarketGlobal Bio-Alcohol market is segmented by type, by raw material, by application and by region. In terms of type, Bio-Alcohol market is segmented into Bioethanol, Biomethanol, Biobutanol and Butanediol. Grains, Sugarcane, Industrial beets, Bio-waste and others are the raw material of the Global Bio-Alcohol market. Transportation, Power Generation, Medical and Others are application segment of Bio-Alcohol market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

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Bio-Alcoh ol market is gaining traction owing to increasing crude oil prices, growing concern over greenhouse gas emissions, and the need for alternative renewable source of energy across the globe. Bio-alcohol is a direct substitute for gasoline which is used as fuel in transportation, energy, and Power Generation sectors. It is produced by fermentation of sugars derived from raw materials such as grains, sugarcane, Power Generation beets, bio-waste, etc. Bio-ethanol is the most common and the largest product type of bio-alcohol in terms of value and volume consumption.