About Biosynthetic Technologies
Biosynthetic Technologies (BT) manufactures biobased synthetic molecules that are made from organic fatty acids found in plant oils. These highly-functional "biosynthetic" oils have numerous uses in the lubricant, chemical, and cosmetics industries, often outperforming their petroleum counterparts in similar applications. In addition to their high-performance properties, these renewable oils are biodegradable and nontoxic.
Research containing Biosynthetic Technologies
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CB Insights Intelligence Analysts have mentioned Biosynthetic Technologies in 1 CB Insights research brief, most recently on Feb 9, 2022.
Expert Collections containing Biosynthetic Technologies
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Biosynthetic Technologies is included in 2 Expert Collections, including Advanced Materials.
Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more
Oil & Gas Tech
Companies in the Oil & Gas Tech space, including those focused on improving operations across upstream, midstream, and downstream sectors, as well as those working on sustainable fuels.
Biosynthetic Technologies Patents
Biosynthetic Technologies has filed 41 patents.
Plasticizers, Hydraulics, Lubricants, Fluid dynamics, Oils
Plasticizers, Hydraulics, Lubricants, Fluid dynamics, Oils
Latest Biosynthetic Technologies News
Sep 11, 2023
News provided by Share this article Share toX NEW YORK, Sept. 11, 2023 /PRNewswire/ -- The re-refined base oils market size is expected to grow by USD 2.28 million from 2022 to 2027. In addition, the growth momentum of the market will be progressing at a CAGR of 6.26% during the forecast period, according to Technavio. The rise in demand for high-quality oils with lower environmental impact is notably driving the re-refined base oils market. However, factors such as the costly recycling process may impede market growth. The market is segmented by type (Group I, Group II, and Group III), application (Engine oil, Industrial oil, Transmission oil, Gear oil, and Others), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a Sample Report. Technavio has announced its latest market research report titled Global Re-Refined Base Oils Market 2023-2027 The rise in demand for high-quality oils with lower environmental impact is notably driving the market growth. A multitude of factors contribute to the escalating demand for re-refined base oils, notably encompassing heightened apprehensions regarding environmental pollution, an amplified awareness regarding ecologically sustainable business practices, and the pursuit of cost-effective solutions. Certain countries have introduced regulations mandating the utilization of environmentally friendly oils in specific sectors, including transportation. This regulatory impetus, coupled with financial incentives, is propelling the re-refined base oil market forward, as businesses recognize the economic advantages tied to transitioning to sustainable alternative oils. As a result, a surge in demand for recycled base oils is anticipated, thereby augmenting the growth of the re-refined base oils market during the forecast period. Re-Refined Base Oils Market 2023-2027: Company Analysis We provide a detailed analysis of 20 companies operating in the re-refined base oils market including ADVANCED LUBRICATION SPECIALTIES, AVISTA OIL Deutschland GmbH, Biosynthetic Technologies, Clean Harbors Inc., Cleanaway Waste Management Ltd., COSAN S.A., Emerald Transformer, GFL Environmental Inc., Heritage Crystal Clean Inc., Hydrodec Group plc, Itelyum Regeneration S.p.A., Lwart Solucoes Ambientais, Neste Corp., Nynas AB, PetroChoice, PURAGLOBE Germany GmbH, ReGen III, Rock Oil Refining Inc., Shell plc, and Vertex Energy Inc. ADVANCED LUBRICATION SPECIALITIES - The company offers re-refined oils for use in transmissions, final drives and hydraulic systems of all major brands of tractors and other farm equipment using a common fluid reservoir This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information. Re-Refined Base Oils Market 2023-2027: Segmentation Type The Group I segment is estimated to grow significantly during the forecast period. Group I re-refined base oils find utility across diverse industry sectors including automotive, transportation, and manufacturing. A notable attribute of Group I re-refined base oils is their elevated viscosity index, signifying their capacity to withstand viscosity alterations caused by temperature fluctuations. This quality makes them particularly suited for applications marked by frequent temperature changes, exemplified by motor oil usage. Moreover, the transportation domain is recognizing the advantages of incorporating re-refined base oils in their vehicles, which not only leads to cost reduction but also contributes to emissions reduction. These dynamics are poised to support the adoption of the Group I segment within the global re-refined base oils market during the forecast period. Geography APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report Challenge The costly recycling process is the key challenge that hinders the growth of the global re-refined base oils market. Re-Refined Base Oils Market 2023-2027: Key Highlights Historic Market Size 2017-2021 CAGR of the market during 2023-2027 Detailed information on factors that will assist re-refined base oils market growth during the next five years Estimation of the re-refined base oils market size and its contribution to the parent market Forecasts on upcoming trends and changes in consumer behaviour The growth of the re-refined base oils market Analysis of the competitive landscape and detailed information on companies Comprehensive details of factors that will impede the growth of re-refined base oils market companies Related Reports: The oil refining market size is forecast to increase by USD 121.92 billion and is estimated to grow at a CAGR of 1.42% between 2023 and 2027. This report is segmented by product( light distillates, middle distillates, fuel oil, and others) and geography(North America, Europe, APAC, Middle East, and South America). One of the key factors driving the oil refining market growth is the surging demand for refined fuel. The enhanced oil recovery market is predicted to surge to USD 24.33 billion from 2021 to 2026 at a CAGR of 8.67%. The enhanced oil recovery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Re-Refined Base Oils Market Scope Report Coverage Key companies profiled ADVANCED LUBRICATION SPECIALTIES, AVISTA OIL Deutschland GmbH, Biosynthetic Technologies, Clean Harbors Inc., Cleanaway Waste Management Ltd., COSAN S.A., Emerald Transformer, GFL Environmental Inc., Heritage Crystal Clean Inc., Hydrodec Group plc, Itelyum Regeneration S.p.A., Lwart Solucoes Ambientais, Neste Corp., Nynas AB, PetroChoice, PURAGLOBE Germany GmbH, ReGen III, Rock Oil Refining Inc., Shell plc, and Vertex Energy Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. ToC: About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts
Biosynthetic Technologies Frequently Asked Questions (FAQ)
When was Biosynthetic Technologies founded?
Biosynthetic Technologies was founded in 2006.
Where is Biosynthetic Technologies's headquarters?
Biosynthetic Technologies's headquarters is located at 6320 Intech Blvd., Indianapolis.
What is Biosynthetic Technologies's latest funding round?
Biosynthetic Technologies's latest funding round is Series A - II.
How much did Biosynthetic Technologies raise?
Biosynthetic Technologies raised a total of $50.73M.
Who are the investors of Biosynthetic Technologies?
Investors of Biosynthetic Technologies include HG Ventures, Calumet Specialty Products Partners, Chartwell Investment Partners, BP Ventures, Evonik Venture Capital and 3 more.
Who are Biosynthetic Technologies's competitors?
Competitors of Biosynthetic Technologies include Nuspec Oil and 4 more.
Compare Biosynthetic Technologies to Competitors
Permafuels, Inc. is a Chapel Hill, NC based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Permafuels, Inc.'s business and areas of expertise. Although biodiesel production using supercritical alcohols is an extremely fast and clean method, it has not been economically competitive with conventional catalytic approaches. This project will optimize the supercritical process to enable cost-effective commercial production of biodiesel fuel.
American Biodiesel, dba Community Fuels, is an advanced biofuel producer. The company produces among the highest quality biomass-based diesel fuels available - which qualifies as an Advanced Biofuel through the Environmental Protection Agency (EPA), and its own fuel standard closely mirrors the requirements of multiple major oil companies and exceeds the Federal fuel standard (ASTM Standard).
Aerophase, Inc. is a Longmont, CO based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Aerophase, Inc.'s business and areas of expertise. Biodiesel is a key component in US plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current feedstocks and production technologies prevent it from being cost-competitive. This project will provide enabling technologies for a costeffective, energy-efficient method of producing biodiesel fuels from a variety of lowercost feedstocks. Biodiesel is a key component in U.S. plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current production technology is not cost-competitive. This project will provide enabling technologies for a cost-effective, energy-efficient method of producing biodiesel fuels.
Checkerspot designs materials at a molecular level. It enables consumer products specializing in industrial applications such as biotechnology and chemistry. It offers an integrated platform to manufacture oils that reduce dependence on commodity oils and petroleum derivatives. The company was founded in 2016 and is based in Alameda, California.
NextCAT is commercializing a series of catalysts for use in biodiesel production, developed at the National Biofuels Energy Lab at Wayne State University.
Technology Management is a Cleveland, OH company that was awarded a grant as part of the Environmental Protection Agency's (EPA) SBIR/STTR program. They received a grant for their project entitled: Liquid Hydrocarbon Fuels From Biomass Materials. Technology Management is a Cleveland, OH company that was awarded a grant as part of the Environmental Protection Agency's (EPA) SBIR/STTR program. They received a grant for their project entitled: Liquid Hydrocarbon Fuels From Biomass Materials.