top of page

Introduction to Bio-Isobutene

Bio-isobutene is a versatile bio-based chemical derived from renewable resources, representing a significant advancement in sustainable chemistry. Being a high-value molecule, it can be used as a building block for several products, such as cosmetics, rubber, fuels, and plastics. Through the economically and environmentally beneficial process of fermentation of biomass, microbes transform sugars into isobutene, yielding bio-isobutene. This creative strategy not only lessens reliance on fossil fuels but also supports international initiatives to increase the use of renewable resources and cut carbon emissions. Enterprises such as Global Bioenergies have been at the forefront of the advancement and expansion of bio-isobutene manufacturing procedures, showcasing the capacity of bio-isobutene to transform numerous sectors by offering a sustainable substitute for conventional petrochemical derivatives.

Market Introduction

The desire for sustainable and renewable chemical alternatives is rising, and production technology developments are fueling the considerable growth and development of the global bio-isobutene market. Companies such as Global Bioenergies have made significant strides in expanding the procedures used to make bio-isobutene, making effective use of the infrastructure already in place for fermentation to generate enormous volumes of the chemical. Owing to this breakthrough, bio-isobutene is now being used in industries such as fuels, plastics, rubbers, and cosmetics, with a focus on low carbon footprint and sustainability. Regulatory incentives and growing consumer demand for environment-friendly products are driving the bio-isobutene market, thus assisting in the shift toward a more sustainable chemical sector.?

The bio-isobutene market appears to have a very bright future, given several important characteristics. The potential to scale up operations and maintain a constant level of cost-effectiveness in production will probably result in a wider acceptance of bio-isobutene in a variety of industries. Further supporting the bio-isobutene market growth is anticipated from the increased awareness of sustainable practices and the governmental backing for them. Demand will be fueled by advancements in biotechnological procedures as well as the creation of new uses for bio-isobutene, which will entice investors. Bio-isobutene is positioned to become an essential component in lowering environmental impact and promoting the expansion of the bio-based economy as industry place a greater emphasis on sustainability.

Industrial Impact

Market Segmentation:

Segmentation 1: by End-Use Application
•    Fuel
•    Bio-Based Cosmetic Ingredients
•    Others (Plastic, Organic Glass, Butyl Rubber, and Lubricant Additives)

Bio-Based Cosmetic Ingredients to Dominate the Global Bio-Isobutene Market (by End-Use Application)

The bio-isobutene market is dominated by the bio-based cosmetic ingredients segment. This is because of their ability to meet the increasing demand from consumers for natural and sustainable products. The cosmetics business is moving toward more environment-friendly and renewable materials due to governmental restrictions as well as consumer awareness of environmental issues. Since it is made from renewable resources, bio-isobutene is a sustainable substitute for components based on petrochemicals, which lessens the environmental effects of cosmetic products. Leading the way in this regard are companies such as Global Bioenergies, which increase the natural content of cosmetics without sacrificing performance attributes such as lifespan and durability by incorporating bio-isobutene into their production methods.

Segmentation 2: by Raw Material
•    Straw Derived
•    Sugar Beet and Cane-Derived
•    Others

Sugar Beet and Cane-Derived Segment to Witness the Highest Growth between 2023 and 2033

Segmentation 3: by Region
•    North America - U.S. and Canada
•    Europe - Germany, France, and Rest-of-Europe                                                      
•    Rest-of-the-World

Europe was the highest-growing market among all the regions, registering a CAGR of 41.42%. Europe is anticipated to gain traction in terms of bio-isobutene adoption owing to a very developed infrastructure for the manufacturing and development of bio-isobutene along with companies such as Global Bioenergies, a French company, which is globally the only company capable of manufacturing bio-isobutene.

In Europe, Rest-of-Europe is anticipated to show the highest growth in the bio-isobutene market among other countries in the region, growing at a CAGR of 48.55%. The growth of the Netherlands in the bio-isobutene market is mainly because it benefits from extensive government support and innovative companies and start-ups.

Recent Developments in the Global Bio-Isobutene Market

• In January 2024, to advance the development of low-carbon road fuels, the French industrial biotechnology business Global Bioenergies and Shell signed a new development contract. The goal is to concentrate on a single path since the earlier stages of the partnership, which began at the end of 2022, were devoted to investigating many viable solutions based on Global Bioenergies' exclusive technology.
•  In October 2023, to help finance the development of the first bio-sourced isobutene plant in the world, Global Bioenergies was granted $17.7 million (EUR 16.4 million) by the French government. The money came in the form of a 60% subsidy and a 40% repayable advance. The start-up focused on creating chemical compounds from resources derived from plants. The new facility is expected to begin production in 2027 and can produce 10,000 tons of isobutene and its derivatives annually. Before producing aviation fuels, Global Bioenergies declared in August 2023 that it was quickening the ramp-up of its production facilities to better meet the demands of the cosmetics business.
• In June 2022, as part of a partnership including Cristal Union, the agro-business for beet production, and L'Oréal, the cosmetics giant, $9.7 million (€9 million) was provided to both Global Bioenergies and IBN-One by the Investissements d’Alene program, a French government initiative. Together, they developed the world's first commercial facility that produces isobutene derived from biomass. Divided into $6.1 million (€5.7 million) for Global Bioenergies and $3.5 million (€3.3 million) for IBN-One, the two companies began a 44-month industrial and commercial initiative with L'Oréal and Cristal Union that centered on the first bio-isobutene facility.

Bio-Isobutene Market Forecast(2024-2034)

$5,500.00価格
数量
  • Table of Contents

    Executive Summary
    Scope and Definition
    1 Markets
    1.1 Trends: Current and Future Impact Assessment
    1.1.1 Growing Consumer Interest in the Bio-based Cosmetics Industry
    1.1.2 Partnership With the End-Use Sector
    1.2 Supply Chain Overview
    1.2.1 Value Chain Analysis
    1.2.2 Pricing Forecast
    1.3 R&D Review
    1.3.1 Patent Filing Trend (by Country and Company)
    1.4 Regulatory Landscape
    1.5 Market Dynamics Overview
    1.5.1 Business Drivers
    1.5.1.1 Environmental Regulations and Policies
    1.5.1.2 Advancements in Biotechnology
    1.5.1.3 Increasing Demand for Sustainable Products
    1.5.2 Business Challenges
    1.5.2.1 High Costs of Development and Production
    1.5.2.2 Market Competition from Other Chemicals
    1.5.3 Business Opportunities
    1.5.3.1 Integration with Circular Economy Initiatives
    1.5.3.2 Development of New Applications
    1.6 Startup Funding Summary
    1.7 Comparative Analysis for Various Production Pathways of Bio-Based Gaseous Alkenes: Ethylene, Isoprene, and Isobutene
    1.7.1 Cost Breakdown
    1.7.2 Possible Advancements Needed
    1.7.3 Break-Even Analysis Using Case Studies
    1.7.3.1 Introduction
    1.7.3.2 Key Components
    1.7.3.3 Case Study: L’Oreal Paris Teamed Up with Global Bioenergies for Bio-Based Cosmetics
    1.8 Infrastructure Analysis
    1.8.1 Existing Infrastructure
    1.8.2 Ongoing and Upcoming Infrastructure
    1.8.3 Key Technology Suppliers
    2 Application
    2.1 Application Segmentation
    2.2 Application Summary
    2.3 Global Bio-IsobuteneMarket (by Application)
    2.3.1 End-Use Application
    2.3.1.1 Fuel
    2.3.1.2 Bio-Based Cosmetic Ingredients
    2.3.1.3 Others (Plastic, Organic Glass, Butyl Rubber, and Lubricant Additives)
    3 Products
    3.1 Product Segmentation
    3.2 Product Summary
    3.3 Global Bio-Isobutene Market (by Raw Material)
    3.3.1 Raw Material
    3.3.1.1 Straw Derived
    3.3.1.2 Sugar Beet and Cane-Derived
    3.3.1.3 Others
    4 Regions
    4.1 Regional Summary
    4.2 North America
    4.2.1 Regional Overview
    4.2.2 Driving Factors for Market Growth
    4.2.3 Factors Challenging the Market
    4.2.4 Application
    4.2.5 Product
    4.2.6 U.S.
    4.2.7 Application
    4.2.8 Product
    4.2.9 Canada
    4.2.10 Application
    4.2.11 Product
    4.3 Europe
    4.3.1 Regional Overview
    4.3.2 Driving Factors for Market Growth
    4.3.3 Factors Challenging the Market
    4.3.4 Application
    4.3.5 Product
    4.3.6 Germany
    4.3.7 Application
    4.3.8 Product
    4.3.9 France
    4.3.10 Application
    4.3.11 Product
    4.3.12 Rest-of-Europe
    4.3.13 Application
    4.3.14 Product
    4.4 Rest-of-the-World
    4.4.1 Regional Overview
    4.4.2 Driving Factors for Market Growth
    4.4.3 Factors Challenging the Market
    4.4.4 Application
    4.4.5 Product
    5 Markets - Competitive Benchmarking & Company Profiles
    5.1 Next Frontiers
    5.2 Geographic Assessment
    5.2.1 Global Bioenergies
    5.2.1.1 Overview
    5.2.1.2 Top Products/Product Portfolio
    5.2.1.3 Target Customers
    5.2.1.4 Key Personnel
    5.2.1.5 Analyst View
    5.2.1.6 Market Share, 2023
    6 Research Methodology
    6.1 Data Sources
    6.1.1 Primary Data Sources
    6.1.2 Secondary Data Sources
    6.1.3 Data Triangulation
    6.2 Market Estimation and Forecast
    List of Figures 
    Figure 1: Bio-Isobutene Market (by Region), 2023, 2026, and 2034
    Figure 2: Bio-Isobutene Market (by End-Use Application), 2023, 2026, and 2034
    Figure 3: Bio-Isobutene Market (by Raw Material), 2023, 2026, and 2034
    Figure 4: Bio-Isobutene Market, Recent Developments
    Figure 5: Global Bio-Isobutene Market (by Country), January 2020-July 2024
    Figure 6: Global Bio-Isobutene Market (by Company), January 2020-July 2024
    Figure 7: Average Pricing Comparison between Isobutene and Bio-Isobutene as of January 2024
    Figure 8: Average Retail Pricing of Fuels in the U.S.
    Figure 9: Mathematical Representation
    Figure 10: U.S. Bio-Isobutene Market, $Million, 2023-2034
    Figure 11: Canada Bio-Isobutene Market, $Million, 2023-2034
    Figure 12: Germany Bio-Isobutene Market, $Million, 2022-2033
    Figure 13: France Bio-Isobutene Market, $Million, 2022-2033
    Figure 14: Rest-of-Europe Bio-Isobutene Market, $Million, 2023-2034
    Figure 15: Strategic Initiatives, January 2021-July 2024
    Figure 16: Share of Strategic Initiatives, January 2021-July 2024
    Figure 17: Data Triangulation
    Figure 18: Top-Down and Bottom-Up Approach
    Figure 19: Assumptions and Limitations

  • Get a free sample report

     Send your request to info@chemwi.com to get a free sample report

  • LinkedIn
  • Twitter
  • Twitter
  • Linkedin

お問い合わせ

Thanks for submitting!

Add: J,No.912, Yecheng Road, Jiading District,Shanghai, China

    © 2023 by ENSTU

bottom of page