Biofuels: Global Markets

Nov 2023| EGY064E| BCC Publishing

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 Scope

This BCC Research report presents an overview of biofuel types, manufacturing methods, feedstock options, typical plant costs, and operating margins, followed by an analysis of major geographical markets: North America, Europe, South America, Asia-Pacific, Africa, and the Middle East. Each regional evaluation includes market size estimates for ethanol, biodiesel, and other fuel types sales and a forecast for growth to 2028. The report also presents the technical and commercial developments in advanced biofuels and emerging technologies in the biofuel sector. The report concludes with a competitive landscape of the global biofuel market. The report will also discuss emerging technologies in the biofuel sector and conclude with company profiles of the various players in the area.

Frequently Asked Questions (FAQs)

The project biofuels market size for 2028 is $143.8 billion. The market will grow at a rate of 2.7% from 2023-2028.
  • Energy security
  • Biofuel policies and incentives
  • Biofuels market by fuel type
  • Biofuels market by region
The biodiesel market will dominate the market by the end of 2028.
North America has the highest market share.

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.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $117.7 billion
Market size forecast $143.8 billion
Growth rate CAGR of 2.7% for the forecast period of 2023-2028
Units considered $ Millions
Segments covered Biofuel Type, Region
Regions covered North America, South America, Europe, Asia-Pacific, Middle East and Africa
Key Market Drivers
  • Environmental Policies and Incentives
  • Growing Demand for Sustainable Aviation Fuels (SAF)
  • Energy Security
Companies studied
  • ARCHER DANIELS MIDLAND CO. (ADM)
  • CARGILL INC.
  • CHEVRON RENEWABLE ENERGY GROUP
  • GREEN PLAINS INC.
  • HF SINCLAIR CORP.
  • MARQUIS
  • POET LLC.

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Biofuels: Global Markets106Free
Chapter- 1: Introduction5Free
Chapter- 2: Summary and Highlights3Free
Chapter- 3: Market Overview33Free
Chapter- 4: Market Dynamics2Free
Chapter- 5: Biofuel Market by Fuel Type9Free
Chapter- 6: Biofuels Market by Region9Free
Chapter- 7: Sustainability in Biofuels Industry: An ESG Perspective12Free
Chapter- 8: Emerging Technologies and Developments3Free
Chapter- 9: Competitive Intelligence and M&A8Free
Chapter- 10: Company Profiles22Free
Published - Apr-2020| Analyst - Andrew McWilliams| Code - EGY064D

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
Published - Jan-2016| Analyst - Tiago Faria| Code - EGY064C

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
Published - May-2009| Analyst - Susan Hanft| Code - EGY064B

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%.
Published - Mar-2009| Analyst - Susan Hanft| Code - EGY064A

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%.
Biofuels: Global Markets

Single User License: $5500

Become a Member

Already a member? Login to access this report free.

Have a Question? Ask Us.

Why BCC Research.?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
Custom Research

Need a custom data table, graph or complete report? Tell us more.

RELATED REPORTS