Butanol is an organic substance that is frequently employed as a solvent. Biobutanol is a variation, in light of its source of synthesis, which is a bio-based source like algae and corn grain. It is also called “biogasoline”.
The traditional method of synthesising butanol typically involves complications, such as slow-moving inhibitors and intricate processes. This has led to a noticeable increase in biogasoline production.
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The USA, China, the UK, and Russia are the top biobutanol producers.
Key Details About the Bio-Butanol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Bio-Butanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Bio-Butanol price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Bio-Butanol Price Trend:
Across industries, biobutanol is largely employed as a solvent and chemical substrate. It is used as a raw material in several production and creation sectors. Bio-butanol is used in a variety of different things, including resins, paints, extractants, etc.
As a more sustainable alternative to current fuels, biogasoline is being considered for production as a transport fuel.
Key Market Players:
• Abengoa
• Biocleave Limited
• Bioenergy International
• Butalco GmBH (Lesaffre)
• Butamax Advanced Biofuels LLC (BP and Corteva)
• Eastman Chemical Company
• Gevo Inc.
News and Events:
• January 2022: The new biobutanol was produced using sugarcane bagasse as the substrate. It has been demonstrated to be the more cost-effective method of producing biobutanol.
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