In H1 2023, Bio-Butanediol prices rose due to increased demand for bioplastics and biobased chemicals. The surge in sugar prices in India, caused by unpredictable rainfall and reduced inventory stocks, impacted the production cost of Bio-Butanediol. This, along with high downstream demand, led to an upward price trend amid feedstock uncertainties.
Request for Free Sample: https://www.procurementresource.com/resource-center/bio-butanediol-price-trends/pricerequest
Definition
Bio-Butanediol, also known as biobutanol or renewable butanediol, is a chemical compound with the molecular formula C4H10O2. It is a four-carbon alcohol that can be produced from organic sources like raw sugar, corn, or other biomass through microbial fermentation processes. Bio-Butanediol is considered a renewable and eco-friendly alternative to traditional petroleum-based butanediol.
Key Details About the Bio-Butanediol 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-Butanediol 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-Butanediol Price chart, including Bio-Butanediol barley price, USA Bio-Butanediol price, 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 the Bio-Butanediol Price Trend:
Bio-Butanediol has diverse industrial applications owing to its eco-friendly nature. It is used in the production of bioplastics, replacing conventional petroleum-based plastics. Additionally, it serves as a key ingredient in the manufacturing of polyurethanes, adhesives, and solvents.
Key Players:
- Genomatica, Inc. (USA)
- BASF SE (Germany)
- BioAmber Inc. (now known as Lanzatech) (USA)
- Cathay Industrial Biotech Ltd. (China)
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: sales@procurementresource.com
Toll-Free Number: USA Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
