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Global Biofuels Market 2022
Biofuel is a fuel that is derived from biomass – that is, plant or algae material or animal waste. Most biofuels are used as transportation fuels, but they may also be used for heating and electricity generation. The global biofuels market is set to increase by US$ 28.1 billion from 2022 to 2028, representing a compound annual growth rate (CAGR) of 3.3% during the forecast period.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value and volume for biofuels. The global biofuels market is segmented on the basis of type, application, and region. On the basis of type, the global biofuels market has been segmented into biodiesel, ethanol, advanced biofuels. Among these, the ethanol segment was accounted for the highest revenue generator in 2021. By application, the global biofuels market has been segmented into transportation, electricity generation, heat generation. In terms of geography, the global biofuels market has been segmented into North America, Asia Pacific, Europe, Rest of the World (ROW). North America held the largest share of the global biofuels market in 2021 and is anticipated to hold its share during the forecast period.
The global biofuels market is highly competitive. Top players covered in Global Biofuels Market Study are Archer-Daniels-Midland Company (ADM), Argent Energy Group Ltd., BlueFire Renewables Inc., Cargill Incorporated, Cellana Inc., China Clean Energy Inc., China Resources Alcohol Corporation (CRAC), Dedini S/A Industrias de Base, Desmet Ballestra Group N.V., Evonik Industries AG, Henan Tianguan Group Co. Ltd., JFE Holdings Inc., NESTE OIL OYJ, Novozymes A/S, POET LLC.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the biofuels market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Type: biodiesel, ethanol, advanced biofuels
Application: transportation, electricity generation, heat generation
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global biofuels market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Biofuels market overview
Part 3. Market breakdown by type
– Advanced biofuels
Part 4. Market breakdown by application
– Electricity generation
– Heat generation
Part 5. Market breakdown by region
– North America
– Asia Pacific
– Rest of the World (ROW)
Part 6. Key companies
– Archer-Daniels-Midland Company (ADM)
– Argent Energy Group Ltd.
– BlueFire Renewables, Inc.
– Cargill Incorporated
– Cellana, Inc.
– China Clean Energy Inc.
– China Resources Alcohol Corporation (CRAC)
– Dedini S/A Industrias de Base
– Desmet Ballestra Group N.V.
– Evonik Industries AG
– Henan Tianguan Group Co., Ltd.
– JFE Holdings, Inc.
– NESTE OIL OYJ
– Novozymes A/S
– POET, LLC