Bio-BDO Market - Forecast(2021 - 2026)

Report Code: CMR 91248 Report Format: PDF + Excel (Delivery in 48 Hrs)
Bio-BDO Market size is forecast to reach $709 Million by 2025, after growing at a CAGR of 5.6% during 2020-2025. With rise in the consumption of plastics, the Bio-BDO Market is witnessing an increase in demand. Growing public interest towards sustainable and environment-friendly products will further enhance the overall market demand for Bio-BDO during the forecast period. 

Report Coverage
The report: “Bio-BDO Market– Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Bio-BDO Market. 

By Source – Sugar and Biomass
By Technology - Genomatica’s Process Technology, DAVY™ Butanediol Process, Fermentation-Based Process, BioAmber Process Technology, Hydrogenation of Aqueous Succinic Acid Stream, Others. 
By Application – Polytetramethylene Ether Glycol, Polybutylene terephthalate, Thermoplastic polyurethane, N-Methyl-2-pyrrolidone, Tetrahydrofuran, Others
By End Use – Automotive, Aviation, Textiles, Consumer goods, Packaging, Others.
By Geography – North America, South America, Europe, APAC, RoW. 

Key Takeaways
  • Asia-Pacific dominates the Bio-BDO Market owing to increasing demand of plastics from applications of automotive and aviation industries. 
  • Increasing production capacity, is likely to aid in the market demand of Bio-BDO market.
  • Increasing adoption of sustainable and environment friendly products and implementation of stringent government regulations, will increase the market demand for Bio-BDO in the near future.
  • COVID 19 pandemic will create hurdles for the Bio-BDO Market.

Source – Segment Analysis
Sugar holds the largest segment for Bio-BDO Market. A sustainable bioprocess for the production of 1,4-butanediol (BDO) from carbohydrate feedstocks was developed. BDO is a chemical intermediate that goes into a variety of products including automotive parts, electronics, and apparel, and is currently manufactured commercially through energy-intensive petrochemical processes using fossil raw materials. This review highlights the development of an Escherichia coli strain and an overall process that successfully performed at commercial scale for direct production of bio-BDO from dextrose. Achieving such high level performance required an integrated technology platform enabling detailed engineering of enzyme, pathway, metabolic network, and organism, as well as development of effective fermentation and downstream recovery processes.

Technology – Segment Analysis
As compared to other segments Genomatica’s Process Technology has been more popular in the market. The Genomatica process produces BDO the same as that made from a variety of petroleumderived feedstocks but uses 100% renewable feedstock instead. After stopping development of sugar-based methyl ethyl ketone (MEK) in 2010 to pursue bio-BDO,
this California-based company has made a string of announcements, grabbing the attention of producers and consumers alike. In March, Genomatica and Tate & Lyle signed a joint development agreement for the demonstration-scale production of Genomatica’s bio-BDO.
Application – Segment Analysis
Polytetramethylene Ether Glycol holds the largest application segment in the Bio- BDO market. PTMEG (Polytetramethylene Ether Glycol) is mostly used to produce spandex (polyurethane) fibers, (lycra). Bio-BDO is a building block. mostly used in plastics but will be used more and more in textiles, automotive and consumer goods in the future. The most popular plastic applications are packaging, shopping bags, tableware and could be used in moulded industrial and consumer goods. Bio-BDO is a chemical used as solvent and building block in (bio)plastics, elastic fibres and polyurethanes. Bio-BDO is 100% bio-based and biodegradable. Bio-BDO has a 60% reduced greenhouse gas across its life-cycle when compared to fossil-BDO.

End Use - Segment Analysis
Automotive sector has been the primary market for Bio-BDO. Bio-BDO is used for the manufacture of polybutylene terephthalate (PBT). PBT shows high strength, excellent thermal stability and good durability leading to its increasing usage in the automotive industry for automotive front and rear end fascia, bumpers, fenders, and spoilers. The growing automotive sector in APAC economies, like China are India, are witnessing growth in the automotive sector, thereby driving the market. PBT is a synthetic thermoplastic polymer, One of the major factors driving the PBT is the rising demand for lightweight vehicles, due to their competitive pricing, high performance, style, reliability, strength, and safety, owing to these reasons Bio-BDO will witness increase in market demand.

Geography - Segment Analysis
APAC dominated the Bio-BDO Market with a share of more than xx%, followed by North America and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India. According to the OICA (International Organization of Motor Vehicle Manufacturers), for most vehicles manufactured in year 2018, China, India & Japan are in the top 20 countries around world. In which China has ranked 6th whereas India & Japan are ranked 14th and 18th respectively. So, in countries like these there is a chance of huge growth opportunity for Bio-BDO market as Bio-BDO is indirectly used in automotive sector. In automotive and other transportation facilities, PBT allows for energy absorption, weight reduction, shock absorption for bumpers, restriction of explosion risk in fuel tanks, seat belts, airbags, door and seat assemblies, subsystems, bumpers, under-bonnet components, exterior trim, and various other applications.  

Drivers – Bio-BDO Market
  • Increasing Production capacity
Improvements in the production process and increased production capacity will reduce production costs of bio-BDO. Production of PBT Polybutylene terephthalate) mostly used in automotive. More geographical expansions regarding Bio-BDO industries will further lower down the prices of Bio-BDO, which will eventually help in lowering down prices of bio-BDO the end products and as the products becomes less expensive, demand of Bio-BDO market will also grow. Bio-BDO is produced from sugars derived from the hydrolysis of starch, the so-called glucose syrup. Bio-BDO is produced through a single-step fermentation by a metabolically engineered strain of E.coli type bacteria.

  • Implementation of Stringent Environment Regulations
Increasing adoption of sustainable and environment friendly products and implementation of stringent government regulations, will increase the market demand for Bio-BDO in the near future. They are extremely durable and environmentally friendly. Bio-BDO has higher purity, performed in the same way in the polymerization process, which will further boost the adoption of Bio-BDO market. Bio-BDO is a chemical used as solvent and building block in (bio)plastics, elastic fibres and polyurethanes. Bio-BDO is 100% bio-based and biodegradable.

Challenges – Bio-BDO Market
  • Impact of COVID 19 on Bio-BDO
The rapid spread of coronavirus has had a major impact on global markets as, major economies of the world are completely lockdown due to this pandemic. Because of this major lockdown, suddenly all the consumer market has started to show zero interest towards purchasing any goods. One of the major difficulties, market is facing are the shutdown of all kinds of transportation. Global crisis for all sectors including shipping, which was hit by slowing demand in goods’ production and exports had slowdown the market for Bio-BDO.

Market Landscape
Technology launches, acquisitions and R&D activities are key strategies adopted by players in the fuel additives market. In 2019, the market of fuel additives has been consolidated by the top five players accounting for xx% of the share. Major players in the Bio-BDO Market are Ashland, BASF SE, Dairen Chemical Corporation, Mitsubishi Chemical Corporation, and Nan Ya Plastics Corporation, among others. 

Acquisitions/Technology Launches
  • In September 2019, INEOS Enterprises has announced the completion of the acquisition of the entire composites business from Ashland Global Holdings Inc. The acquisition also includes a BDO facility in Germany.

1. Bio-BDO Market- Market Overview
    1.1 Definitions and Scope
2. Bio-BDO Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Source
    2.3 Key Trends by Technology
    2.4 Key Trends by Application
    2.5 Key Trends by End Use
    2.6 Key Trends by Geography
3. Bio-BDO Market- Landscape
    3.1 Comparative analysis 
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Bio-BDO Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Bio-BDO Market– Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Bio-BDO Market- Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Bio-BDO Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Bio-BDO Market – By Source (Market Size -$Million)
    8.1 Sugar
    8.2 Biomass
9. Bio-BDO Market – By Technology (Market Size -$Million)
    9.1 Genomatica’s Process Technology
    9.2 DAVY™ Butanediol Process
    9.3 Fermentation-Based Process
    9.4 BioAmber Process Technology
    9.5 Hydrogenation of Aqueous Succinic Acid Stream
    9.6 Others
10. Bio-BDO Market– By Application (Market Size -$Million)
    10.1 Polytetramethylene Ether Glycol
    10.2 Polybutylene terephthalate
    10.3 Thermoplastic polyurethane
    10.4 N-Methyl-2-pyrrolidone
    10.5 Tetrahydrofuran
    10.6 Others
11. Bio-BDO Market– By End Use (Market Size -$Million)
    11.1 Automotive
    11.2 Aviation
    11.3 Textiles
    11.4 Consumer goods
    11.5 Packaging
    11.6 Others
12. Bio-BDO Market - By Geography (Market Size -$Million)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 South America
        12.2.1 Brazil
        12.2.2 Argentina
        12.2.3 Colombia
        12.2.4 Chile
        12.2.5 Rest of South America
    12.3 Europe
        12.3.1 U.K
        12.3.2 Germany
        12.3.3 Italy
        12.3.4 France
        12.3.5 Russia
        12.3.6 Spain
        12.3.7 Netherlands
        12.3.8 Belgium
        12.3.9 Rest of Europe
    12.4 Asia Pacific
        12.4.1 China
        12.4.2 India
        12.4.3 Japan
        12.4.4 South Korea
        12.4.5 Australia & New Zealand
        12.4.6 Rest of Asia Pacific
    12.5 RoW
        12.5.1 Middle East
   Saudi Arabia
   Rest of Middle East
        12.5.2 Africa
   South Africa
   Rest of Africa
13. Bio-BDO Market- Entropy
    13.1 New Product Launches
    13.2 M&A’s, Collaborations, JVs and Partnerships
14. Market Share Analysis (Premium)
    14.1 Market Share by Country- Top companies
    14.2 Market Share by Region- Top companies
    14.3 Market Share by type of Product / Product category- Top companies
    14.4 Market Share at global level- Top companies
    14.5 Best Practices for companies
15. Bio-BDO Market- List of Key Companies by Country (Premium) 
16. Bio-BDO Market Company Analysis
    16.1 Market Share, Company Revenue, Products, M&A, Developments
    16.2 Company 1
    16.3 Company 2
    16.4 Company 3
    16.5 Company 4
    16.6 Company 5
    16.7 Company 6
    16.8 Company 7
    16.9 Company 8
    16.10 Company 9
    16.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

List of Tables

1 US Bio-BDO Market Size 2018
2 Canada Bio-BDO Market Share 2018
3 Brazil Bio-BDO Market Outlook 2019 - 2023
4 Mexico Bio-BDO Market Research 2018
5 Germany Bio-BDO Market Trends 2019 - 2023 
6 France Bio-BDO Market Growth 2019 - 2023 
7 UK Bio-BDO Market Demand 2019 - 2023 
8 Italy Bio-BDO Market Segmentation 2018
9 Russia Bio-BDO Market Analysis 2019 - 2023
10 China Bio-BDO Market Revenue 2019 - 2023
11 Japan Bio-BDO Market Volume 2019 - 2023
12 South Korea Bio-BDO Market Potential 2019 - 2023
13 India Bio-BDO Market Leaders 2018
14 Saudi Arabia Bio-BDO Market Forecast 2019 - 2023 
15 Kuwait Bio-BDO Market Value 2018

List of Figures

For complete list of 60+ tables and 60+ figures follow the Link