Global Liquid Biofuels Market Size Study & Forecast, by Type, By Feedstock, By Process, By Application, and Regional Analysis, 2023-2030

Description

List of Tables

Global Liquid Biofuels Market is valued at approximately USD 137.26 billion in 2022 and is anticipated to grow with a growth rate of more than 8.6% over the forecast period 2023-2030. Liquid biofuels are a type of renewable fuels derived from organic materials, typically plant-based or animal-based sources. These fuels are regarded as a fuel replacement for all types of internal combustion (IC) engines that run on diesel, gasoline, or kerosene and are used in land, air, and sea transportation vehicles. The growing concerns regarding climate change, exploration of new feedstock sources, increasing energy security, coupled with the high demand for transportation fuels are the most prominent factors that are propelling the market demand across the globe.

In addition, the rise in the number of government initiatives for encouraging the use of cleaner energy alternatives that result in zero carbon dioxide emissions on combustion and promote the adoption of plant-based raw material is further contributing to the market expansion. Liquid biofuels are a renewable and sustainable alternative to fossil fuels, and they help reduce greenhouse gas emissions and mitigate the effects of climate change. For instance, the US government has declared a total investment of USD 1.7 trillion in clean energy and climate resilience over the next few years. The government also aims to raise its own investment by over USD 5 trillion by leveraging those made by local, state, and federal governments as well as the private sector. Moreover, the expanding use of liquid biofuels in other applications, as well as the ongoing research and development efforts are leading to advancements in biofuel production technologies present various lucrative opportunities over the forecast years. However, the volatile prices of raw materials and the availability of feedstock are hindering the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Liquid Biofuels Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the availability of an abundance of feedstock and arable areas for biofuel production. Also, the surge in demand for transportation fuels, as well as rising inclination towards sustainable aviation fuels are attributing to the regional market growth during the estimated period. Whereas, Latin America is expected to grow with a significant CAGR over the forecast years. The growing need for sustainable energy sources, proactive government initiatives to curb carbon emissions, and increasing investments in transmission infrastructure are significantly propelling the market demand across the region. Government policies promoting biofuel production and utilization, including tax incentives, obligatory blending quotas, and financial support for research and development, have collectively created a conducive environment for the biofuel industry. This, has encouraged substantial investments and advancements in the sector, which, in turn, augments the regional market growth.

Major market players included in this report are:

ADM (U.S.)
CropEnergies AG (Germany)
Bangchak Corporation Public Company Limited (Thailand)
Enerkem (Canada)
Renewable Biofuels Inc. (U.S.)
Chevron Renewable Energy Group. (U.S.)
POET (U.S.)
Algenol (U.S.)
Fulcrum BioEnergy, Inc. (U.S.)
Emami Agrotech Limited (India)

Recent Developments in the Market:

In May 2022, POET announced that the company is reopening its ethanol manufacturing facility in Cloverdale, Indiana, with a total investment of USD 30 million. This investment increases the plant's capacity for output while also enhancing its efficiency.
In February 2022, Chevron announced the acquisition of Renewables Energy Group by acquiring all of REG's outstanding shares. With this deal, Chevron has added its commercial marketing position, scaled-up manufacturing, and distribution to REG's expanding production of renewable fuels and industry-leading feedstock capabilities.

Global Liquid Biofuels Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Feedstock, Process, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Ethanol
Biodiesel

By Feedstock:

Sugar Crops
Starch Crops
Vegetable Oils
Animal Fats
Others

By Process:

Fermentation
Transesterification
Others

By Application:

Transportation
Power Generation
Heat

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Liquid Biofuels Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Liquid Biofuels Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Liquid Biofuels Market, by Feedstock, 2020-2030 (USD Billion)
- 1.2.4. Liquid Biofuels Market, by Process, 2020-2030 (USD Billion)
- 1.2.5. Liquid Biofuels Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Liquid Biofuels Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Liquid Biofuels Market Dynamics

3.1. Liquid Biofuels Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing concerns regarding climate change
  - 3.1.1.2. Rising number of government initiatives
- 3.1.2. Market Challenges
  - 3.1.2.1. Volatile prices of raw materials
  - 3.1.2.2. Availability of feedstock
- 3.1.3. Market Opportunities
  - 3.1.3.1. Expanding use of liquid biofuels in other applications
  - 3.1.3.2. Ongoing research and development efforts

Chapter 4. Global Liquid Biofuels Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Liquid Biofuels Market, by Type

5.1. Market Snapshot
5.2. Global Liquid Biofuels Market by Type, Performance - Potential Analysis
5.3. Global Liquid Biofuels Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Liquid Biofuels Market, Sub Segment Analysis
- 5.4.1. Ethanol
- 5.4.2. Biodiesel

Chapter 6. Global Liquid Biofuels Market, by Feedstock

6.1. Market Snapshot
6.2. Global Liquid Biofuels Market by Feedstock, Performance - Potential Analysis
6.3. Global Liquid Biofuels Market Estimates & Forecasts by Feedstock 2020-2030 (USD Billion)
6.4. Liquid Biofuels Market, Sub Segment Analysis
- 6.4.1. Sugar Crops
- 6.4.2. Starch Crops
- 6.4.3. Vegetable Oils
- 6.4.4. Animal Fats
- 6.4.5. Others

Chapter 7. Global Liquid Biofuels Market, by Process

7.1. Market Snapshot
7.2. Global Liquid Biofuels Market by Process, Performance - Potential Analysis
7.3. Global Liquid Biofuels Market Estimates & Forecasts by Process 2020-2030 (USD Billion)
7.4. Liquid Biofuels Market, Sub Segment Analysis
- 7.4.1. Fermentation
- 7.4.2. Transesterification
- 7.4.3. Others

Chapter 8. Liquid Biofuels Market, by Application

8.1. Market Snapshot
8.2. Global Liquid Biofuels Market by Application, Performance - Potential Analysis
8.3. Global Liquid Biofuels Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
8.4. Liquid Biofuels Market, Sub Segment Analysis
- 8.4.1. Transportation
- 8.4.2. Power Generation
- 8.4.3. Heat

Chapter 9. Global Liquid Biofuels Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Liquid Biofuels Market, Regional Market Snapshot
9.4. North America Liquid Biofuels Market
- 9.4.1. U.S. Liquid Biofuels Market
  - 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Feedstock breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Process breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. Application breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Liquid Biofuels Market
9.5. Europe Liquid Biofuels Market Snapshot
- 9.5.1. U.K. Liquid Biofuels Market
- 9.5.2. Germany Liquid Biofuels Market
- 9.5.3. France Liquid Biofuels Market
- 9.5.4. Spain Liquid Biofuels Market
- 9.5.5. Italy Liquid Biofuels Market
- 9.5.6. Rest of Europe Liquid Biofuels Market
9.6. Asia-Pacific Liquid Biofuels Market Snapshot
- 9.6.1. China Liquid Biofuels Market
- 9.6.2. India Liquid Biofuels Market
- 9.6.3. Japan Liquid Biofuels Market
- 9.6.4. Australia Liquid Biofuels Market
- 9.6.5. South Korea Liquid Biofuels Market
- 9.6.6. Rest of Asia Pacific Liquid Biofuels Market
9.7. Latin America Liquid Biofuels Market Snapshot
- 9.7.1. Brazil Liquid Biofuels Market
- 9.7.2. Mexico Liquid Biofuels Market
9.8. Middle East & Africa Liquid Biofuels Market
- 9.8.1. Saudi Arabia Liquid Biofuels Market
- 9.8.2. South Africa Liquid Biofuels Market
- 9.8.3. Rest of Middle East & Africa Liquid Biofuels Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. ADM (U.S.)
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. CropEnergies AG (Germany)
- 10.3.3. Bangchak Corporation Public Company Limited (Thailand)
- 10.3.4. Enerkem (Canada)
- 10.3.5. Renewable Biofuels Inc. (U.S.)
- 10.3.6. Chevron Renewable Energy Group. (U.S.)
- 10.3.7. POET (U.S.)
- 10.3.8. Algenol (U.S.)
- 10.3.9. Fulcrum BioEnergy, Inc. (U.S.)
- 10.3.10. Emami Agrotech Limited (India)

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Liquid Biofuels Market, report scope
TABLE 2. Global Liquid Biofuels Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Liquid Biofuels Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Liquid Biofuels Market estimates & forecasts by Feedstock 2020-2030 (USD Billion)
TABLE 5. Global Liquid Biofuels Market estimates & forecasts by Process 2020-2030 (USD Billion)
TABLE 6. Global Liquid Biofuels Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 7. Global Liquid Biofuels Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Liquid Biofuels Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Liquid Biofuels Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Liquid Biofuels Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Liquid Biofuels Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Liquid Biofuels Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Liquid Biofuels Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Liquid Biofuels Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Liquid Biofuels Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Liquid Biofuels Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Liquid Biofuels Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Liquid Biofuels Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Liquid Biofuels Market
TABLE 72. List of primary sources, used in the study of global Liquid Biofuels Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Liquid Biofuels Market, research methodology
FIG 2. Global Liquid Biofuels Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Liquid Biofuels Market, key trends 2022
FIG 5. Global Liquid Biofuels Market, growth prospects 2023-2030
FIG 6. Global Liquid Biofuels Market, porters 5 force model
FIG 7. Global Liquid Biofuels Market, pest analysis
FIG 8. Global Liquid Biofuels Market, value chain analysis
FIG 9. Global Liquid Biofuels Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Liquid Biofuels Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Liquid Biofuels Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Liquid Biofuels Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Liquid Biofuels Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Liquid Biofuels Market, regional snapshot 2020 & 2030
FIG 15. North America Liquid Biofuels Market 2020 & 2030 (USD Billion)
FIG 16. Europe Liquid Biofuels Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Liquid Biofuels Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Liquid Biofuels Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Liquid Biofuels Market 2020 & 2030 (USD Billion)