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The biofuels market is forecasted to grow by USD 26.6 billion during 2023-2028, accelerating at a CAGR of 3.23% during the forecast period. The report on the biofuels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of renewable sources of energy, rising need for cleaner fuels, and increasing government support.
The biofuels market is segmented as below:
By Application
- Transportation
- Aviation
- Heating
- Energy generation
- Others
By Product
- Ethanol
- Biodiesel
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the biofuels market covers the following areas:
- Biofuels market sizing
- Biofuels market forecast
- Biofuels market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global biofuels market: Advance Biofuel, Alten SA, ALTO INGREDIENTS INC., Archer Daniels Midland Co., Argent Energy UK Ltd., BlueFire Renewables Inc., Bunge Ltd., Cargill Inc., Chevron Corp., ENERKEM Inc., KFS Biodiesel GmbH and Co. KG, Louis Dreyfus Co. BV, Munzer Bioindustrie GmbH, Neste Corp., POET LLC, RB FUELS, Shell plc, Valero Energy Corp., Vance Group Ltd., and Wilmar International Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is research on third-generation biofuel called algae fuel."
According to the report, one of the major drivers for this market is the increased adoption of renewable sources of energy.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advance Biofuel
- Alten SA
- ALTO INGREDIENTS INC.
- Archer Daniels Midland Co.
- Argent Energy UK Ltd.
- BlueFire Renewables Inc.
- Bunge Ltd.
- Cargill Inc.
- Chevron Corp.
- ENERKEM Inc.
- KFS Biodiesel GmbH and Co. KG
- Louis Dreyfus Co. BV
- Munzer Bioindustrie GmbH
- Neste Corp.
- POET LLC
- RB FUELS
- Shell plc
- Valero Energy Corp.
- Vance Group Ltd.
- Wilmar International Ltd.
