The global Biofuels market size was valued at US$ 71250 million in 2023. With growing demand in downstream market, the Biofuels is forecast to a readjusted size of US$ 99420 million by 2030 with a CAGR of 4.9% during review period.
The research report highlights the growth potential of the global Biofuels market. Biofuels 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 Biofuels. 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 Biofuels 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 Biofuels 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 Biofuels market. It may include historical data, market segmentation by Type (e.g., Bioethanol, Biodiesel), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Biofuels 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 Biofuels 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 Biofuels industry. This include advancements in Biofuels technology, Biofuels new entrants, Biofuels new investment, and other innovations that are shaping the future of Biofuels.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Biofuels market. It includes factors influencing customer ' purchasing decisions, preferences for Biofuels product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Biofuels market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Biofuels 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 Biofuels market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Biofuels 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 Biofuels market.
Market Segmentation:
Biofuels 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
Bioethanol
Biodiesel
Segmentation by application
Industrial Fuels
Transportation Fuels
Chemical Industry
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biofuels market?
What factors are driving Biofuels market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biofuels market opportunities vary by end market size?
How does Biofuels break out type, application?
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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 Biofuels Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Biofuels by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Biofuels by Country/Region, 2019, 2023 & 2030
2.2 Biofuels Segment by Type
2.2.1 Bioethanol
2.2.2 Biodiesel
2.3 Biofuels Sales by Type
2.3.1 Global Biofuels Sales Market Share by Type (2019-2024)
2.3.2 Global Biofuels Revenue and Market Share by Type (2019-2024)
2.3.3 Global Biofuels Sale Price by Type (2019-2024)
2.4 Biofuels Segment by Application
2.4.1 Industrial Fuels
2.4.2 Transportation Fuels
2.4.3 Chemical Industry
2.5 Biofuels Sales by Application
2.5.1 Global Biofuels Sale Market Share by Application (2019-2024)
2.5.2 Global Biofuels Revenue and Market Share by Application (2019-2024)
2.5.3 Global Biofuels Sale Price by Application (2019-2024)
3 Global Biofuels by Company
3.1 Global Biofuels Breakdown Data by Company
3.1.1 Global Biofuels Annual Sales by Company (2019-2024)
3.1.2 Global Biofuels Sales Market Share by Company (2019-2024)
3.2 Global Biofuels Annual Revenue by Company (2019-2024)
3.2.1 Global Biofuels Revenue by Company (2019-2024)
3.2.2 Global Biofuels Revenue Market Share by Company (2019-2024)
3.3 Global Biofuels Sale Price by Company
3.4 Key Manufacturers Biofuels Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Biofuels Product Location Distribution
3.4.2 Players Biofuels 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 Biofuels by Geographic Region
4.1 World Historic Biofuels Market Size by Geographic Region (2019-2024)
4.1.1 Global Biofuels Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Biofuels Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Biofuels Market Size by Country/Region (2019-2024)
4.2.1 Global Biofuels Annual Sales by Country/Region (2019-2024)
4.2.2 Global Biofuels Annual Revenue by Country/Region (2019-2024)
4.3 Americas Biofuels Sales Growth
4.4 APAC Biofuels Sales Growth
4.5 Europe Biofuels Sales Growth
4.6 Middle East & Africa Biofuels Sales Growth
5 Americas
5.1 Americas Biofuels Sales by Country
5.1.1 Americas Biofuels Sales by Country (2019-2024)
5.1.2 Americas Biofuels Revenue by Country (2019-2024)
5.2 Americas Biofuels Sales by Type
5.3 Americas Biofuels Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Biofuels Sales by Region
6.1.1 APAC Biofuels Sales by Region (2019-2024)
6.1.2 APAC Biofuels Revenue by Region (2019-2024)
6.2 APAC Biofuels Sales by Type
6.3 APAC Biofuels 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 Biofuels by Country
7.1.1 Europe Biofuels Sales by Country (2019-2024)
7.1.2 Europe Biofuels Revenue by Country (2019-2024)
7.2 Europe Biofuels Sales by Type
7.3 Europe Biofuels 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 Biofuels by Country
8.1.1 Middle East & Africa Biofuels Sales by Country (2019-2024)
8.1.2 Middle East & Africa Biofuels Revenue by Country (2019-2024)
8.2 Middle East & Africa Biofuels Sales by Type
8.3 Middle East & Africa Biofuels 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 Biofuels
10.3 Manufacturing Process Analysis of Biofuels
10.4 Industry Chain Structure of Biofuels
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Biofuels Distributors
11.3 Biofuels Customer
12 World Forecast Review for Biofuels by Geographic Region
12.1 Global Biofuels Market Size Forecast by Region
12.1.1 Global Biofuels Forecast by Region (2025-2030)
12.1.2 Global Biofuels 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 Biofuels Forecast by Type
12.7 Global Biofuels Forecast by Application
13 Key Players Analysis
13.1 Diester Industries
13.1.1 Diester Industries Company Information
13.1.2 Diester Industries Biofuels Product Portfolios and Specifications
13.1.3 Diester Industries Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Diester Industries Main Business Overview
13.1.5 Diester Industries Latest Developments
13.2 Neste Oil Rotterdam
13.2.1 Neste Oil Rotterdam Company Information
13.2.2 Neste Oil Rotterdam Biofuels Product Portfolios and Specifications
13.2.3 Neste Oil Rotterdam Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Neste Oil Rotterdam Main Business Overview
13.2.5 Neste Oil Rotterdam Latest Developments
13.3 ADM
13.3.1 ADM Company Information
13.3.2 ADM Biofuels Product Portfolios and Specifications
13.3.3 ADM Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 ADM Main Business Overview
13.3.5 ADM Latest Developments
13.4 Infinita Renovables
13.4.1 Infinita Renovables Company Information
13.4.2 Infinita Renovables Biofuels Product Portfolios and Specifications
13.4.3 Infinita Renovables Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Infinita Renovables Main Business Overview
13.4.5 Infinita Renovables Latest Developments
13.5 Biopetrol
13.5.1 Biopetrol Company Information
13.5.2 Biopetrol Biofuels Product Portfolios and Specifications
13.5.3 Biopetrol Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Biopetrol Main Business Overview
13.5.5 Biopetrol Latest Developments
13.6 Cargill
13.6.1 Cargill Company Information
13.6.2 Cargill Biofuels Product Portfolios and Specifications
13.6.3 Cargill Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Cargill Main Business Overview
13.6.5 Cargill Latest Developments
13.7 Ital Green Oil
13.7.1 Ital Green Oil Company Information
13.7.2 Ital Green Oil Biofuels Product Portfolios and Specifications
13.7.3 Ital Green Oil Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Ital Green Oil Main Business Overview
13.7.5 Ital Green Oil Latest Developments
13.8 Glencore
13.8.1 Glencore Company Information
13.8.2 Glencore Biofuels Product Portfolios and Specifications
13.8.3 Glencore Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Glencore Main Business Overview
13.8.5 Glencore Latest Developments
13.9 Louis Dreyfus
13.9.1 Louis Dreyfus Company Information
13.9.2 Louis Dreyfus Biofuels Product Portfolios and Specifications
13.9.3 Louis Dreyfus Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Louis Dreyfus Main Business Overview
13.9.5 Louis Dreyfus Latest Developments
13.10 Renewable Energy Group
13.10.1 Renewable Energy Group Company Information
13.10.2 Renewable Energy Group Biofuels Product Portfolios and Specifications
13.10.3 Renewable Energy Group Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Renewable Energy Group Main Business Overview
13.10.5 Renewable Energy Group Latest Developments
13.11 RBF Port Neches
13.11.1 RBF Port Neches Company Information
13.11.2 RBF Port Neches Biofuels Product Portfolios and Specifications
13.11.3 RBF Port Neches Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 RBF Port Neches Main Business Overview
13.11.5 RBF Port Neches Latest Developments
13.12 Ag Processing
13.12.1 Ag Processing Company Information
13.12.2 Ag Processing Biofuels Product Portfolios and Specifications
13.12.3 Ag Processing Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Ag Processing Main Business Overview
13.12.5 Ag Processing Latest Developments
13.13 Elevance
13.13.1 Elevance Company Information
13.13.2 Elevance Biofuels Product Portfolios and Specifications
13.13.3 Elevance Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Elevance Main Business Overview
13.13.5 Elevance Latest Developments
13.14 Marathon Petroleum Corporation
13.14.1 Marathon Petroleum Corporation Company Information
13.14.2 Marathon Petroleum Corporation Biofuels Product Portfolios and Specifications
13.14.3 Marathon Petroleum Corporation Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Marathon Petroleum Corporation Main Business Overview
13.14.5 Marathon Petroleum Corporation Latest Developments
13.15 Evergreen Bio Fuels
13.15.1 Evergreen Bio Fuels Company Information
13.15.2 Evergreen Bio Fuels Biofuels Product Portfolios and Specifications
13.15.3 Evergreen Bio Fuels Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Evergreen Bio Fuels Main Business Overview
13.15.5 Evergreen Bio Fuels Latest Developments
13.16 Minnesota Soybean Processors
13.16.1 Minnesota Soybean Processors Company Information
13.16.2 Minnesota Soybean Processors Biofuels Product Portfolios and Specifications
13.16.3 Minnesota Soybean Processors Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Minnesota Soybean Processors Main Business Overview
13.16.5 Minnesota Soybean Processors Latest Developments
13.17 Caramuru
13.17.1 Caramuru Company Information
13.17.2 Caramuru Biofuels Product Portfolios and Specifications
13.17.3 Caramuru Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Caramuru Main Business Overview
13.17.5 Caramuru Latest Developments
13.18 Jinergy
13.18.1 Jinergy Company Information
13.18.2 Jinergy Biofuels Product Portfolios and Specifications
13.18.3 Jinergy Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 Jinergy Main Business Overview
13.18.5 Jinergy Latest Developments
13.19 Hebei Jingu Group
13.19.1 Hebei Jingu Group Company Information
13.19.2 Hebei Jingu Group Biofuels Product Portfolios and Specifications
13.19.3 Hebei Jingu Group Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 Hebei Jingu Group Main Business Overview
13.19.5 Hebei Jingu Group Latest Developments
13.20 Longyan Zhuoyue
13.20.1 Longyan Zhuoyue Company Information
13.20.2 Longyan Zhuoyue Biofuels Product Portfolios and Specifications
13.20.3 Longyan Zhuoyue Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 Longyan Zhuoyue Main Business Overview
13.20.5 Longyan Zhuoyue Latest Developments
13.21 Shandong Jinjiang
13.21.1 Shandong Jinjiang Company Information
13.21.2 Shandong Jinjiang Biofuels Product Portfolios and Specifications
13.21.3 Shandong Jinjiang Biofuels Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Shandong Jinjiang Main Business Overview
13.21.5 Shandong Jinjiang Latest Developments
14 Research Findings and Conclusion
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