With the increase in population our
demand for energy is also increasing day by day, hence we are always looking
for some alternate source of energy that can fulfill our energy demands.
Biobutanol which is a renewable source of energy can help us in achieving this
energy security. Biobutanol also known as butyl alcohol is a 4 carbon chained
non polar molecule similar to that of gasoline. Despite being from an
alcoholic group its energy content is much closer to that of gasoline and
hence can be used as the substitute of gasoline as a cleaner fuel.
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It can be produced by fermentation
of biomass that includes corn, sugarcane, wheat etc., which is also known as
acetone–butanol–ethanol process. This process releases hydrogen and some
useful byproducts like acetic acid, lactic acid and ethanol. The process uses
a special kind of bacteria known as bacterium clostridium acetobutylicum. The
second process uses Ralstonia Eutropha (soil bacteria) which requires an
electro bioreactor. When mixed with gasoline in proper concentration it can
act as the fuel for running vehicles. Butanol if prepared using fossil fuels
instead of biomass is known as Petrobutanol. Europe and North America are two
major markets for Biobutanol while Asia Pacific and rest of the world are
still depending much on the conventional fossil fuels.
Although demands of biofuels is
rising in global market but the fermentation method is highly inefficient and
produces a less amount of Biobutanol, thus scientists are working on tools of
genetic engineering to develop a method that can be used to produce a good
yield of Biobutanol per gram of glucose and have come out with some solutions
to this problem. Besides being used as a fuel it can also be used in producing
rubber, solvents, plastics and jet fuels.
Major drivers that can affect the
demand of Biobutanol in future are increasing population, policies of
different countries that supports or promotes use of renewable as well as
clean sources of energy, increasing investments by companies in search of a
fuel that has potential to replace bioethanol or even the conventional fossil
fuels, increasing efforts by countries in order to achieve energy security in
case of oil shocks or price rise beside these factors Biobutanol has some of
its own advantages that can propel its market growth these includes high
energy content, low vapor pressure and less corossivity.
However main restraints to
Biobutanol market are expensive refining cost, it is highly toxic, gives bad
odor on being hydrolyzed and it hasn’t been commercialized in large scale
situation despite its unique qualities. Due to limited presence of non
renewable sources of energy like oil, gas and coal, energy hungry countries
like China, India, Brazil, and Japan etc can always look towards Biobutanol as
the alternative source of energy. With the increase in attention towards the
environment especially in United States and Europe use of Biobutanol as a
cleaner fuel will be important.
The European Union has even created
targets for usage of biofuels by its members thus opportunities are in
abundance. BP fuelled Biobutanol BMW cars were used during the London Olympics
of 2012 which has raised interest of several gasoline retailers in United
Kingdom as well as in other part of world.
Some key players in the market that
are producing Biobutanol includes: Arbor Biofuels, Butalco GmBH, Bioenergy
International, Butamax advanced Biofuels LLC (DuPont/British Petroleum),
Cobalt Biofuels, Gevo Included which is backed by French oil producers Total
SA and Richard Branson, Green biologics limited, METabolic Explorer, and
TetraVitae Biosciences.
This research report analyzes this market
depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for
upcoming years
This report is a complete study of
current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review
of micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
Reasons for Buying this Report
- This report provides pin-point
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perspective on different factors driving or restraining market
growth
- It provides a technological
growth map over time to understand the industry growth rate
- It provides a seven-year
forecast assessed on the basis of how the market is predicted to
grow
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key product segments and their future
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in-depth analysis of market segments
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graphics and exemplified SWOT analysis of major market segments
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