Global Biofuels Market Size study, by Fuel Type (Ethanol, Biodiesel, Other Fuel Types) by Feedstock (Palm Oil, Jatropha, Sugar Crop, Coarse Grain, Other Feedstock) and Regional Forecasts 2022-2032

Description

List of Tables

Global Biofuels Market is valued approximately USD 167.4 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 6.20% over the forecast period 2024-2032. Biofuels are renewable fuels derived from organic materials such as plants, algae, or waste biomass. They are considered an alternative to conventional fossil fuels like gasoline and diesel, offering potential benefits such as reduced greenhouse gas emissions and decreased dependence on finite fossil fuel resources. Biofuels can be categorized into three main types: First-generation biofuels, Second-generation biofuels, and Third-generation biofuels. Also, there was a growing focus on advancing second-generation and third-generation biofuels, which are produced from non-food biomass sources such as agricultural residues, algae, and dedicated energy crops. These advanced biofuels offer improved sustainability and reduced competition with food crops.

Moreover, the fluctuations in crude oil prices can impact the cost competitiveness of biofuels. When oil prices are high, biofuels become more economically viable, driving increased demand for renewable alternatives. Also, with increasing urbanization and population growth, there is a rising demand for transportation fuels. Biofuels offer a sustainable alternative to conventional gasoline and diesel, particularly in the transportation sector, where they can be used in existing infrastructure with minimal modifications. Additionally, continued research and development efforts, along with investments in biofuel production infrastructure, are driving innovation and expanding the availability of biofuels in the market. However, the requirement for high initial capital investment, and uncertain economic conditions globally are expected to hinder the market growth during the forecast period 2024-2032.

The key regions considered for the global Biofuels market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the biofuels market in 2023 owing to its rich feedstock supplies, robust infrastructure for biofuel production, and favorable government regulations promoting biofuel consumption. These factors place the region as a leader in the global biofuels market. Additionally, increasing investments in biofuel research and development, as well as government grants and subsidies for biofuel projects, are driving innovation and expansion in the biofuels industry. This financial support is helping to scale up production capacity and improve the viability of biofuel technologies. Moreover, Asia Pacific is expected to grow at the fastest rate during the projected period 2024-2032.

Major market player included in this report are:

Air Liquide
Archer Daniels Midland Company
Bunge North America, Inc.
Butamax Advanced Biofuels LLC
Green Plains Inc.
Petroleo Brasileiro S.A.
Renewable Energy Group, Inc.
Royal Dutch Shell plc
Scandinavian Biogas Fuels International AB
Wilmar International Limited

The detailed segments and sub-segment of the market are explained below:

By Fuel Type

Ethanol
Biodiesel
Other Fuel Types

By Feedstock

Palm Oil
Jatropha
Sugar Crop
Coarse Grain
Other Feedstock

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
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Biofuels Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Biofuels Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Fuel Type
- 2.3.2. By Feedstock
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Biofuels Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global 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
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Biofuels Market Size & Forecasts by Fuel Type 2022-2032

5.1. Ethanol
5.2. Biodiesel
5.3. Other Fuel Types

Chapter 6. Global Biofuels Market Size & Forecasts by Feedstock 2022-2032

6.1. Palm Oil
6.2. Jatropha
6.3. Sugar Crop
6.4. Coarse Grain
6.5. Other Feedstock

Chapter 7. Global Biofuels Market Size & Forecasts by Region 2022-2032

7.1. North America Biofuels Market
- 7.1.1. U.S. Biofuels Market
  - 7.1.1.1. Fuel Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Feedstock breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Biofuels Market
7.2. Europe Biofuels Market
- 7.2.1. U.K. Biofuels Market
- 7.2.2. Germany Biofuels Market
- 7.2.3. France Biofuels Market
- 7.2.4. Spain Biofuels Market
- 7.2.5. Italy Biofuels Market
- 7.2.6. Rest of Europe Biofuels Market
7.3. Asia-Pacific Biofuels Market
- 7.3.1. China Biofuels Market
- 7.3.2. India Biofuels Market
- 7.3.3. Japan Biofuels Market
- 7.3.4. Australia Biofuels Market
- 7.3.5. South Korea Biofuels Market
- 7.3.6. Rest of Asia Pacific Biofuels Market
7.4. Latin America Biofuels Market
- 7.4.1. Brazil Biofuels Market
- 7.4.2. Mexico Biofuels Market
- 7.4.3. Rest of Latin America Biofuels Market
7.5. Middle East & Africa Biofuels Market
- 7.5.1. Saudi Arabia Biofuels Market
- 7.5.2. South Africa Biofuels Market
- 7.5.3. Rest of Middle East & Africa Biofuels Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Air Liquide
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Archer Daniels Midland Company
- 8.3.3. Bunge North America, Inc.
- 8.3.4. Butamax Advanced Biofuels LLC
- 8.3.5. Green Plains Inc.
- 8.3.6. Petroleo Brasileiro S.A.
- 8.3.7. Renewable Energy Group, Inc.
- 8.3.8. Royal Dutch Shell plc
- 8.3.9. Scandinavian Biogas Fuels International AB
- 8.3.10. Wilmar International Limited

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Biofuels market, report scope
TABLE 2. Global Biofuels market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Biofuels market estimates & forecasts by Fuel Type 2022-2032 (USD Billion)
TABLE 4. Global Biofuels market estimates & forecasts by Feedstock 2022-2032 (USD Billion)
TABLE 5. Global Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Biofuels market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Biofuels market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Biofuels market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Biofuels market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Biofuels market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. U.S. Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Canada Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Canada Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. UK Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. UK Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. UK Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Germany Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Germany Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Germany Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. France Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. France Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. France Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Italy Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. Italy Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. Italy Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Spain Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 34. Spain Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. Spain Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. RoE Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 37. RoE Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 38. RoE Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. China Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 40. China Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 41. China Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. India Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 43. India Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 44. India Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. Japan Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 46. Japan Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 47. Japan Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Australia Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 49. Australia Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 50. Australia Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. South Korea Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 52. South Korea Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 53. South Korea Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54.
TABLE 55. RoAPAC Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 56. RoAPAC Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 57. RoAPAC Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. Brazil Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 59. Brazil Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 60. Brazil Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Mexico Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 62. Mexico Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 63. Mexico Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. RoLA Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 65. RoLA Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 66. RoLA Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. Saudi Arabia Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. South Africa Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 71.
TABLE 72. South Africa Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 73. South Africa Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. RoMEA Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. List of secondary sources, used in the study of Global Biofuels Market.
TABLE 78. List of primary sources, used in the study of Global Biofuels Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Biofuels market, research methodology
FIG 2. Global Biofuels market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Biofuels market, key trends 2023
FIG 5. Global Biofuels market, growth prospects 2022-2032
FIG 6. Global Biofuels market, porters 5 force model
FIG 7. Global Biofuels market, pestel analysis
FIG 8. Global Biofuels market, value chain analysis
FIG 9. Global Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global Biofuels market, regional snapshot 2022 & 2032
FIG 15. North America Biofuels market 2022 & 2032 (USD Billion)
FIG 16. Europe Biofuels market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific Biofuels market 2022 & 2032 (USD Billion)
FIG 18. Latin America Biofuels market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa Biofuels market 2022 & 2032 (USD Billion)
FIG 20. Global Biofuels market, company market share analysis (2023)