Report Highlights
The global market for biofuels is expected to grow from $150.9 billion in 2025 to reach $194.7 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.2% from 2025 through 2030.
Report Includes
- 51 data tables and 62 additional tables
- An in-depth analysis of the global markets for biofuels
- Analyses of the global market trends, with revenue data for 2024, estimates for 2025, forecast for 2029, and projections of CAGRs through 2030
- Estimates of the current market size and revenue prospects of the global market, accompanied by a market share analysis by biofuel type, end-use industry and region
- Facts and figures pertaining to market dynamics, technological advances, regulations, prospects and the impacts of macroeconomic variables
- Impact analysis of U.S. tariff laws, as well as case study analysis of AI adoption for the global biofuels market
- Insights derived from Porter’s Five Forces model, as well as an industry supply chain analysis
- A look at the regulatory frameworks regarding the use of biofuels, incentives for fuel production, and the number and capacity of manufacturing plants
- A relevant patent analysis, featuring key granted and published patents
- Overview of sustainability trends and ESG developments, with emphasis on consumer attitudes, as well as the ESG risk ratings and practices of leading companies
- Analysis of the industry structure, including companies’ market shares and rankings, strategic initiatives, M&A activity and a venture funding outlook
- Profiles of the leading companies, including ADM, Cargill Inc., Chevron Renewable Energy Group, Green Plains Inc., and Neste
Report Scope
In this report, the global market for biofuels is segmented and analyzed by fuel type, end-use industry and region. The market size is provided in value ($ million) and volume (million liters). A chapter on competitive intelligence covers the market shares of leading companies based on their product offerings and revenues generated from biofuels. It also discusses market dynamics, emerging technologies and global developments.
The report also includes emerging trends, technological advances, economic forces and technical standards. It contains a Porter’s Five Forces analysis and a strengths, weaknesses, opportunities and threats (SWOT) analysis. The report also discusses the technical and commercial aspects of different types of biofuels and their utilization by different end-use industries. The report outlines the regulations and policies in different countries governing biofuel production to ensure environmental sustainability and regulatory compliance. ESG factors are also analyzed.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2024 | ||||||||||||||||
| Forecast period considered | 2025-2030 | ||||||||||||||||
| Base year market size | $145.9 Billion | ||||||||||||||||
| Market size forecast | $194.7 Billion | ||||||||||||||||
| Growth rate | CAGR of 5.2% from 2025 to 2030 | ||||||||||||||||
| Units considered | $ Millions (Value); Million Liters (Volume) | ||||||||||||||||
| Segments covered | By Biofuel Type, End-Use Industry and Region | ||||||||||||||||
| Regions covered | North America, South America, Asia-Pacific (APAC), Europe, and the Middle East and Africa (MEA) | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Expanding agricultural output, driving feedstock availability.
- Rapid expansion in the sustainable aviation fuels (SAF) industry.
- High capital and production costs in the biofuel industry.
- Limited infrastructure for advanced biofuels.
- Food vs. fuel conflict.
- Growing demand for marine fuels.
- Utilization of agro-biomass and non-food feedstocks.
Ethanol has a long history of blending with gasoline and leads to significant reductions in GHG emissions in the transportation sector. Additionally, it provides economic sustainability driven by government regulations and policy support.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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Report Highlights
The global market for biofuels is estimated to increase from $125.9 billion in 2023 to reach $143.8 billion by 2028 with a compound annual growth rate (CAGR) of 2.7% during the forecast period of 2023-2028.
Report Includes
- 18 data tables and 27 additional tables
- An overview of the global markets for liquid biofuels
- An estimate of market size and analyses of global market trends, with data from 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- An evaluation of the market potential for biofuels based on biofuel type and region
- Coverage of technical and commercial developments in advanced biofuels, and an assessment of manufacturing methods, feedstock options, typical plant costs, operating margins, and the emerging technologies in the biofuel sector
- A look at the regulatory framework regarding the use of biofuels, incentives for fuel production, and the number and capacity of manufacturing plants; and information on the Paris Climate Accords, investments in biofuel technologies, and collaborations between companies
- Analysis of significant patent activity in biofuels
- A market outlook for the major companies, including a market share analysis and assessment of the competitive landscape
- Company profiles of major players within the industry, including ADM, Chevron Renewable Energy Group, Green Plains Inc., and HF Sinclair Corp.
Report Highlights
The global liquid biofuels market should reach $153.8 billion by 2024 from $136.2 billion in 2019 at a compound annual growth rate (CAGR) of 2.2% for the forecast period of 2019 to 2024.
Report Includes
- 112 tables
- An overview of the global markets for liquid biofuels within the industry
- Analyses of global market trends, with data corresponding to market size from 2018 and 2019, and projections of compound annual growth rates (CAGRs) through 2024
- A look at the regulatory framework regarding the use of biofuels, incentives for fuel production, and the number and capacity of manufacturing plants
- Analysis of significant patent data and their allotments in each category underlying discoveries in biofuels market
- Information on the market opportunities and market outlook for major listed companies and strategies that may lead to a better understanding of the market from a practical perspective
- Market share analysis of key market participants and assessment of their competitive landscape
- Profile description of market leading corporations, including Acciona Energy, Beta Renewables, Cargill, Evonik Industries, GreenShift Corp., Novozymes, Synthetic Genomics Inc. and Virent Energy Systems
Report Highlights
The market for liquid biofuels outside of North America totaled $48.8 billion in 2014 and $41.7 billion in 2015. This market is expected to reach $89.6 billion by 2020, with a compound annual growth rate (CAGR) of 16.5%.
Report Includes
- An overview of the global markets for liquid biofuels outside of North America
- Analyses of global market trends, with data from 2014, estimates for 2015, and projections of compound annual growth rates (CAGRs) through 2020.
- A review of biofuel types, manufacturing methods, feedstock options, typical plant costs, and operating margins
- Analysis of individual world regions such as Europe, South America, and Asia
- A breakdown of industry structure
- A look at the legislative framework for biofuels use, incentives for production, and the number and capacity of manufacturing plants
- Profiles of major players in the industry
Report Highlights
- The global market for liquid biofuels was worth $30.3 billion in 2008. This is expected to increase to $42.8 billion in 2013, for a compound annual growth rate (CAGR) of 7.2%.
- First generation biofuels currently dominate the market, generating $30.3 billion in 2008. This should increase at a CAGR of 7.1% to reach $42.6 billion in 2013.
- The other fuels segment is expected to increase from $17.1 million in 2008 to $138.0 million in 2013, for a CAGR of 51.8%.
Report Highlights
- The North American market for liquid biofuels was worth $37.3 billion in 2008. This is expected to decrease slightly to $34.2 billion in 2013, for a compound annual growth rate (CAGR) of (1.7%. )
- First generation biofuels currently dominate the market, generating $37.3 billion in 2008. This should decrease at a CAGR of -1.7% to reach $34.2 billion in 2013.
- The other fuels segment is expected to increase from $2.0 million in 2008 to $308.0 million in 2013, for a CAGR of 173.8%.
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