Market Overview

The Bio-Butanediol market is predicted to develop at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2034, when it is projected to reach USD 424.75 Million in 2034, based on an average growth pattern. The market is estimated to reach a value of USD 257.47 Million in 2024.

SOURCE: We Market Research

The global bio-butanediol market refers to the industry focused on the production, distribution, and application of 1,4-butanediol (BDO) derived from renewable biological sources. Bio-butanediol is an organic compound that is traditionally produced from petrochemical feedstocks but can also be synthesized from biomass and other renewable resources through biotechnological processes.

Bio-Butanediol (bio-BDO) is a bio-based chemical compound that serves as a renewable alternative to traditionally petrochemical-derived 1,4-butanediol (BDO). Bio-Butanediol is a versatile, renewable chemical with broad industrial applications, offering significant environmental benefits. Its market is driven by the push towards sustainability and advancements in bioprocessing technologies, despite challenges related to cost and feedstock supply.

Market Scope

Bio-Butanediol Industry: Dynamics & Restrains

Market opportunity:

We Market Research: Bio-Butanediol Dashboard

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Bio-Butanediol Segmentation

Market- By Source Analysis

By Source, the Bio-Butanediol market is categories into Biomass, Renewable Feedstocks, Sugars, Starches and Others. Biomass segment currently dominates the Bio-Butanediol market share, accounting for around 29% as of 2024. The abundant availability of biomass, particularly agricultural and forestry residues, makes it a popular choice. Biomass-based production is also supported by advancements in bioconversion technologies and increasing demand for sustainable products.

Furthermore, Renewable feedstocks, including plant-based materials and waste, constitute a substantial portion of the bio-BDO market. The drive towards circular economy practices and the utilization of waste materials (such as glycerol and bio-waste) contribute to the growth. Policies promoting the use of renewable resources also play a significant role.

The following segments are part of an in-depth analysis of the global Bio-Butanediol market:

Bio-Butanediol Industry: Regional Analysis

Asia Pacific Market Forecast

Asia Pacific is one of the largest and fastest-growing markets for Bio-Butanediol. The rapid industrialization, growing automotive and textile sectors, and supportive government policies in countries like China and India are driving growth. The region is also seeing significant investments in bio-based chemical production. Companies such as Mitsubishi Chemical and PTT Global Chemical are leading the market.

Europe Market Statistics

Europe also holds a notable share in the global Bio-Butanediol market. Countries like Germany, France, and the United Kingdom are key contributors to the region's market share. The region's focus on sustainability, strict environmental policies, and government incentives for bio-based products contribute to market growth. The automotive and textile industries are key consumers. BASF and Novamont are some of the key players in Europe.

North America Market Forecasts

North America, particularly the United States, is a significant player in the Bio-Butanediol market. The growth is driven by strong demand from the automotive and packaging industries, stringent environmental regulations, and increasing investment in bio-based chemical research. Companies such as Genomatica and BioAmber are prominent in this region.

Middle East & Africa Market Statistics

MEA region has a smaller market share compared to other regions in the Bio-Butanediol market. The market is gradually growing due to increasing awareness about sustainable products and investments in the chemical industry. The market faces challenges like lower adoption rates and limited infrastructure for bio-based chemical production in the region. 

Key Maket Players

The Bio-Butanediol Market is dominated by a few large companies, such as

·         Genomatica

·         BioAmber

·         Cathay Industrial Biotech

·         BASF SE

·         Toray Industries Inc.

·         Mitsubishi Chemical Corporation

·         Xinjiang Blue Ridge Tunhe Polyester Co., Ltd.

·         Dairen Chemical Corporation

·         Zibo Qixiang Tengda Chemical Co., Ltd.

·         Sinopec Yangzi Petrochemical Company Limited

·         Other 

1.      Global Bio-Butanediol Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Bio-Butanediol Market Scope and Market Estimation

1.2.1. Global Bio-Butanediol Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2024 - 2034)

1.2.2. Global Bio-Butanediol Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2034

1.3.    Market Segmentation

1.3.1. Source of Global Bio-Butanediol Market

1.3.2. Manufacturing Process of Global Bio-Butanediol Market

1.3.3. Application of Global Bio-Butanediol Market

1.3.4. End-use Industry of Global Bio-Butanediol Market

1.3.5. Distribution Channel of Global Bio-Butanediol Market

1.3.6. Region of Global Bio-Butanediol Market

2.      Executive Summary

2.1.    Global Bio-Butanediol Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Bio-Butanediol Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Bio-Butanediol Market Estimates & Historical Trend Analysis (2019 - 2023)

4.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by Source

4.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by Source, 2019 - 2034

4.1.1. Biomass

4.1.2. Renewable Feedstocks

4.1.3. Sugars

4.1.4. Starches

4.1.5. Others

5.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by Manufacturing Process

5.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by Manufacturing Process, 2019 - 2034

5.1.1. Fermentation

5.1.2. Chemical Synthesis

6.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by Application

6.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by Application, 2019 - 2034

6.1.1. Polybutylene Terephthalate (PBT) Production

6.1.2. Polyurethane (PU) Production

6.1.3. Tetrahydrofuran (THF) Production

6.1.4. Gamma-Butyrolactone (GBL) Production

6.1.5. Others

7.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by End-use Industry

7.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by End-use Industry, 2019 - 2034

7.1.1. Automotive

7.1.2. Textile

7.1.3. Construction

7.1.4. Electronics

7.1.5. Pharmaceuticals

7.1.6. Personal Care & Cosmetics

7.1.7. Others

8.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by Distribution Channel

8.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by Distribution Channel, 2019 - 2034

8.1.1. Direct Sales

8.1.2. Distributors

8.1.3. Online Sales

8.1.4. Others

9.      Global Bio-Butanediol Market Estimates & Forecast Trend Analysis, by Region

9.1.    Global Bio-Butanediol Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 - 2034

9.1.1. North America

9.1.2. Europe

9.1.3. Asia Pacific

9.1.4. Middle East & Africa

9.1.5. South America

10.  North America Bio-Butanediol Market: Estimates & Forecast Trend Analysis

10.1.      North America Bio-Butanediol Market Assessments & Key Findings

10.1.1.   North America Bio-Butanediol Market Introduction

10.1.2.   North America Bio-Butanediol Market Size Estimates and Forecast (US$ Million) (2019 - 2034)

10.1.2.1.    By Source

10.1.2.2.    By Manufacturing Process

10.1.2.3.    By Application

10.1.2.4.    By End-Use Industry

10.1.2.5.    By Distribution Channel

10.1.2.6.    By Country

10.1.2.6.1. The U.S.

10.1.2.6.2. Canada

10.1.2.6.3. Mexico

11.  Europe Bio-Butanediol Market: Estimates & Forecast Trend Analysis

11.1.  Europe Bio-Butanediol Market Assessments & Key Findings

11.1.1.   Europe Bio-Butanediol Market Introduction

11.1.2.   Europe Bio-Butanediol Market Size Estimates and Forecast (US$ Million) (2019 - 2034)

11.1.2.1.    By Source

11.1.2.2.    By Manufacturing Process

11.1.2.3.    By Application

11.1.2.4.    By End-Use Industry

11.1.2.5.    By Distribution Channel

11.1.2.6.    By Country

11.1.2.6.1. Germany

11.1.2.6.2. U.K.

11.1.2.6.3. France

11.1.2.6.4. Italy

11.1.2.6.5. Spain

11.1.2.6.6. Russia

11.1.2.6.7. Rest of Europe

12.  Asia Pacific Bio-Butanediol Market: Estimates & Forecast Trend Analysis

12.1.  Asia Pacific Market Assessments & Key Findings

12.1.1.   Asia Pacific Bio-Butanediol Market Introduction

12.1.2.   Asia Pacific Bio-Butanediol Market Size Estimates and Forecast (US$ Million) (2019 - 2034)

12.1.2.1.    By Source

12.1.2.2.    By Manufacturing Process

12.1.2.3.    By Application

12.1.2.4.    By End-Use Industry

12.1.2.5.    By Distribution Channel

12.1.2.6.    By Country

12.1.2.6.1. China

12.1.2.6.2. Japan

12.1.2.6.3. India

12.1.2.6.4. Australia

12.1.2.6.5. South Korea

12.1.2.6.6. ASEAN

12.1.2.6.7. Rest of Asia Pacific

13.  Middle East & Africa Bio-Butanediol Market: Estimates & Forecast Trend Analysis

13.1.  Middle East & Africa Market Assessments & Key Findings

13.1.1.   Middle East & Africa Bio-Butanediol Market Introduction

13.1.2.   Middle East & Africa Bio-Butanediol Market Size Estimates and Forecast (US$ Million) (2019 - 2034)

13.1.2.1.    By Source

13.1.2.2.    By Manufacturing Process

13.1.2.3.    By Application

13.1.2.4.    By End-Use Industry

13.1.2.5.    By Distribution Channel

13.1.2.6.    By Country

13.1.2.6.1. U.A.E.

13.1.2.6.2. Saudi Arabia

13.1.2.6.3. Egypt

13.1.2.6.4. South Africa

13.1.2.6.5. Rest of Middle East & Africa

14.  South America Bio-Butanediol Market: Estimates & Forecast Trend Analysis

14.1.  South America Market Assessments & Key Findings

14.1.1.   South America Bio-Butanediol Market Introduction

14.1.2.   South America Bio-Butanediol Market Size Estimates and Forecast (US$ Million) (2019 - 2034)

14.1.2.1.    By Source

14.1.2.2.    By Manufacturing Process

14.1.2.3.    By Application

14.1.2.4.    By End-Use Industry

14.1.2.5.    By Distribution Channel

14.1.2.6.    By Country

14.1.2.6.1. Brazil

14.1.2.6.2. Argentina

14.1.2.6.3. Colombia

14.1.2.6.4. Rest of South America

15.  Competition Landscape

15.1.  Global Bio-Butanediol Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

15.2.  Global Bio-Butanediol Market Competition White Space Analysis, By End-user

15.3.  Global Bio-Butanediol Market Competition Heat Map Analysis, By End-user

15.4.  Global Bio-Butanediol Market Concentration & Company Market Shares (%) Analysis, 2023

16.  Company Profiles

16.1.      Genomatica

16.1.1.   Company Overview & Key Stats

16.1.2.   Financial Performance & KPIs

16.1.3.   Product Portfolio

16.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

16.2.      BioAmber

16.3.      Cathay Industrial Biotech

16.4.      BASF SE

16.5.      Toray Industries Inc.

16.6.      Mitsubishi Chemical Corporation

16.7.      Xinjiang Blue Ridge Tunhe Polyester Co., Ltd.

16.8.      Dairen Chemical Corporation

16.9.      Zibo Qixiang Tengda Chemical Co., Ltd.

16.10.  Sinopec Yangzi Petrochemical Company Limited

16.11.  Others

17.  Research Methodology

17.1.  External Transportations / Databases

17.2.  Internal Proprietary Database

17.3.  Primary Research

17.4.  Secondary Research

17.5.  Assumptions

17.6.  Limitations

17.7.  Report FAQs

18.  Research Findings & Conclusion