The global Biofuel market size was valued at US$ 71250 million in 2023. With growing demand in downstream market, the Biofuel is forecast to a readjusted size of US$ 90810 million by 2030 with a CAGR of 3.5% during review period.
The research report highlights the growth potential of the global Biofuel market. Biofuel are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Biofuel. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Biofuel market.
Biofuels are non-fossil fuels. They are energy carriers that store the energy derived from organic materials (biomass), including plant materials and animal waste. First-generation biofuels are currently produced from food crops such as sugar cane and rapeseed. They include bioethanol (made from sugars and starch) and biodiesel (made from vegetable oil). Second-generation biofuels are under development and will be derived from non-food plant matter such as crop residues and agricultural or municipal wastes. They include bioethanol made from cellulosic materials such as straw or wood.
The two most widely used types of biofuels are bioethanol and biodiesel, so this report only focuses on bioethanol and biodiesel.
United States is the largest Biofuels market with about 54% market share. South America is follower, accounting for about 28% market share.
The key players are Diester Industries, Neste Oil Rotterdam, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus, Renewable Energy Group, RBF Port Neches, Ag Processing, Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru, Jinergy, Hebei Jingu Group, Longyan Zhuoyue, Shandong Jinjiang etc. Top 3 companies occupied about 13% market share.
Key Features:
The report on Biofuel market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Biofuel market. It may include historical data, market segmentation by Type (e.g., Biodiesel, Ethanol), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Biofuel market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Biofuel market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Biofuel industry. This include advancements in Biofuel technology, Biofuel new entrants, Biofuel new investment, and other innovations that are shaping the future of Biofuel.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Biofuel market. It includes factors influencing customer ' purchasing decisions, preferences for Biofuel product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Biofuel market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Biofuel market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Biofuel market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Biofuel industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Biofuel market.
Market Segmentation:
Biofuel market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Biodiesel
Ethanol
Segmentation by application
Aviation
Vehicle
Industrial
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Abengoa Bioenergy
Cargill
BTG
DowDuPont
Wilmar
Renewable Energy
POET
Archer Daniels Midland
VERBIO Vereinigte BioEnergie
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biofuel market?
What factors are driving Biofuel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biofuel market opportunities vary by end market size?
How does Biofuel break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biofuel Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Biofuel by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Biofuel by Country/Region, 2019, 2023 & 2030
2.2 Biofuel Segment by Type
2.2.1 Biodiesel
2.2.2 Ethanol
2.3 Biofuel Sales by Type
2.3.1 Global Biofuel Sales Market Share by Type (2019-2024)
2.3.2 Global Biofuel Revenue and Market Share by Type (2019-2024)
2.3.3 Global Biofuel Sale Price by Type (2019-2024)
2.4 Biofuel Segment by Application
2.4.1 Aviation
2.4.2 Vehicle
2.4.3 Industrial
2.4.4 Others
2.5 Biofuel Sales by Application
2.5.1 Global Biofuel Sale Market Share by Application (2019-2024)
2.5.2 Global Biofuel Revenue and Market Share by Application (2019-2024)
2.5.3 Global Biofuel Sale Price by Application (2019-2024)
3 Global Biofuel by Company
3.1 Global Biofuel Breakdown Data by Company
3.1.1 Global Biofuel Annual Sales by Company (2019-2024)
3.1.2 Global Biofuel Sales Market Share by Company (2019-2024)
3.2 Global Biofuel Annual Revenue by Company (2019-2024)
3.2.1 Global Biofuel Revenue by Company (2019-2024)
3.2.2 Global Biofuel Revenue Market Share by Company (2019-2024)
3.3 Global Biofuel Sale Price by Company
3.4 Key Manufacturers Biofuel Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Biofuel Product Location Distribution
3.4.2 Players Biofuel Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Biofuel by Geographic Region
4.1 World Historic Biofuel Market Size by Geographic Region (2019-2024)
4.1.1 Global Biofuel Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Biofuel Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Biofuel Market Size by Country/Region (2019-2024)
4.2.1 Global Biofuel Annual Sales by Country/Region (2019-2024)
4.2.2 Global Biofuel Annual Revenue by Country/Region (2019-2024)
4.3 Americas Biofuel Sales Growth
4.4 APAC Biofuel Sales Growth
4.5 Europe Biofuel Sales Growth
4.6 Middle East & Africa Biofuel Sales Growth
5 Americas
5.1 Americas Biofuel Sales by Country
5.1.1 Americas Biofuel Sales by Country (2019-2024)
5.1.2 Americas Biofuel Revenue by Country (2019-2024)
5.2 Americas Biofuel Sales by Type
5.3 Americas Biofuel Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biofuel Sales by Region
6.1.1 APAC Biofuel Sales by Region (2019-2024)
6.1.2 APAC Biofuel Revenue by Region (2019-2024)
6.2 APAC Biofuel Sales by Type
6.3 APAC Biofuel Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Biofuel by Country
7.1.1 Europe Biofuel Sales by Country (2019-2024)
7.1.2 Europe Biofuel Revenue by Country (2019-2024)
7.2 Europe Biofuel Sales by Type
7.3 Europe Biofuel Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Biofuel by Country
8.1.1 Middle East & Africa Biofuel Sales by Country (2019-2024)
8.1.2 Middle East & Africa Biofuel Revenue by Country (2019-2024)
8.2 Middle East & Africa Biofuel Sales by Type
8.3 Middle East & Africa Biofuel Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Biofuel
10.3 Manufacturing Process Analysis of Biofuel
10.4 Industry Chain Structure of Biofuel
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Biofuel Distributors
11.3 Biofuel Customer
12 World Forecast Review for Biofuel by Geographic Region
12.1 Global Biofuel Market Size Forecast by Region
12.1.1 Global Biofuel Forecast by Region (2025-2030)
12.1.2 Global Biofuel Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Biofuel Forecast by Type
12.7 Global Biofuel Forecast by Application
13 Key Players Analysis
13.1 Abengoa Bioenergy
13.1.1 Abengoa Bioenergy Company Information
13.1.2 Abengoa Bioenergy Biofuel Product Portfolios and Specifications
13.1.3 Abengoa Bioenergy Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Abengoa Bioenergy Main Business Overview
13.1.5 Abengoa Bioenergy Latest Developments
13.2 Cargill
13.2.1 Cargill Company Information
13.2.2 Cargill Biofuel Product Portfolios and Specifications
13.2.3 Cargill Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Cargill Main Business Overview
13.2.5 Cargill Latest Developments
13.3 BTG
13.3.1 BTG Company Information
13.3.2 BTG Biofuel Product Portfolios and Specifications
13.3.3 BTG Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 BTG Main Business Overview
13.3.5 BTG Latest Developments
13.4 DowDuPont
13.4.1 DowDuPont Company Information
13.4.2 DowDuPont Biofuel Product Portfolios and Specifications
13.4.3 DowDuPont Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 DowDuPont Main Business Overview
13.4.5 DowDuPont Latest Developments
13.5 Wilmar
13.5.1 Wilmar Company Information
13.5.2 Wilmar Biofuel Product Portfolios and Specifications
13.5.3 Wilmar Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Wilmar Main Business Overview
13.5.5 Wilmar Latest Developments
13.6 Renewable Energy
13.6.1 Renewable Energy Company Information
13.6.2 Renewable Energy Biofuel Product Portfolios and Specifications
13.6.3 Renewable Energy Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Renewable Energy Main Business Overview
13.6.5 Renewable Energy Latest Developments
13.7 POET
13.7.1 POET Company Information
13.7.2 POET Biofuel Product Portfolios and Specifications
13.7.3 POET Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 POET Main Business Overview
13.7.5 POET Latest Developments
13.8 Archer Daniels Midland
13.8.1 Archer Daniels Midland Company Information
13.8.2 Archer Daniels Midland Biofuel Product Portfolios and Specifications
13.8.3 Archer Daniels Midland Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Archer Daniels Midland Main Business Overview
13.8.5 Archer Daniels Midland Latest Developments
13.9 VERBIO Vereinigte BioEnergie
13.9.1 VERBIO Vereinigte BioEnergie Company Information
13.9.2 VERBIO Vereinigte BioEnergie Biofuel Product Portfolios and Specifications
13.9.3 VERBIO Vereinigte BioEnergie Biofuel Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 VERBIO Vereinigte BioEnergie Main Business Overview
13.9.5 VERBIO Vereinigte BioEnergie Latest Developments
14 Research Findings and Conclusion
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