Bio-butanediol Market
Bio-butanediol Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Bio-butanediol Market Size and Growth
The Bio-butanediol market is experiencing robust growth, driven by increasing demand for sustainable chemicals. The market size reached approximately $1.2 billion in 2022, with a projected CAGR of 10% through 2030. Key factors influencing growth include environmental regulations, rising consumer awareness, and advancements in bio-based production technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ LCYChemical
◍ Genomatica
◍ GlobalBio-Chem
◍ NovamontSpA
The bio-butanediol market features companies like LCY Chemical, Genomatica, Global Bio-Chem, and Novamont SpA. These firms innovate sustainable production methods, enhancing market growth. Their contributions include expanded applications, improved supply chains, and increased awareness of bio-based materials, ultimately driving sales and market expansion. Actual sales figures are typically proprietary.
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Market Segmentation
By Application
AthleticApparel
RunningShoes
Electronics
Automotive
PBT
TPU
Others
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By Product
DirectFermentation
Biosuccinicacid
Market Growth
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$ X Billion USD
