Europe Second Generation Biofuels Market Size study, by Type, by Feedstock, by Process, by Application and Country Forecasts 2022-2032

Description

List of Tables

Europe Second Generation Biofuels Market is valued approximately USD 2.05 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 26.52%over the forecast period 2024-2032. Second generation biofuels uses feedstocks such as agricultural residues (corn stover, wheat straw), forestry residues (wood chips, sawdust), energy crops (switchgrass, miscanthus), and organic waste (municipal solid waste, landfill gas) to produce liquid transportation fuels including ethanol, biodiesel, and renewable diesel. These biofuels are thought to be more sustainable than first-generation alternatives because they don't compete with food production and often have fewer greenhouse gas emissions. The Europe Second Generation Biofuels Market has been experiencing several trends, driven by factors such as advances in biotechnology, biochemical processes, and biomass conversion technologies. These trends in the Europe Second Generation Biofuels Market, help in continued growth during the forecast period, 2024-2032.

Environmental concerns and the imperative to mitigate climate change are significant drivers fueling the demand for second-generation biofuels in Europe. With heightened awareness of the adverse effects of greenhouse gas emissions on the environment, there is a growing urgency to transition to cleaner, renewable energy sources. Second-generation biofuels offer a promising solution by significantly reducing lifecycle carbon emissions compared to fossil fuels. By utilizing non-food biomass feedstocks such as agricultural residues, forestry residues, and waste materials, these biofuels contribute to minimizing environmental degradation and conserving natural resources. Moreover, they align with the European Union's renewable energy targets and regulatory frameworks, such as the Renewable Energy Directive (RED), which mandate increased use of renewable fuels to combat climate change. As a result, the Europe Second Generation Biofuels Market is poised for further growth as governments, industries, and consumers increasingly prioritize sustainable energy solutions. For instance, in June 2022, Clariant, an innovative and sustainable specialty chemical company, announced that it had formed the first commercial cellulosic ethanol at its sunliquid production plant in Podari, Romania. However, high production costs and fluctuating oil prices can impact the economic attractiveness of biofuels, these factors can stifle market growth during the forecast period 2024-2032.

The key countries considered for the Europe Second Generation Biofuels market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the dominating regional market. Germany has ambitious renewable energy targets and strict environmental regulations aimed at reducing greenhouse gas emissions. Policies such as the Renewable Energy Sources Act (EEG) and the National Climate Protection Plan prioritize the use of biofuels to achieve these goals, driving demand for second-generation biofuels. Germany's strong industrial base and well-developed infrastructure provide a conducive environment for the growth of the biofuels market. Established biofuel producers, research institutions, and engineering firms collaborate to develop and commercialize second-generation biofuel technologies, leveraging the country's infrastructure and expertise. For instance, in February 2022, BDI-BioEnergy International GmbH signed a contract with Renewable Energy Group to upgrade two biodiesel plants in Germany by connecting an innovative feedstock pretreatment technology to process wastes oils and fats. The market in the UK, on the other hand, is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:

Clariant AG
Fiberight Ltd
INEOS Group
Orsted A/S
Drax Group
Company 6
Company 7
Company 8
Company 9
Company 10

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

By Type

Cellulosic Ethanol
Biodiesel
Bio Butanol
Others

By Feedstock

Simple Lignocellulose
Complex Lignocellulose
Syngas
Algae
Others

By Process

Biochemical Process
Thermochemical Process

By Application

Transportation
Power Generation
Others

By Region:

Europe
UK
Germany
France
Spain
Italy
ROE

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 Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
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. Europe Second Generation 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. Europe Second Generation Biofuels Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Type
- 2.3.2. By Feedstock
- 2.3.3. By Process
- 2.3.4. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Europe Second Generation Biofuels Market Dynamics

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

Chapter 4. Europe Second Generation 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. Europe Second Generation Biofuels Market Size & Forecasts by Type 2022-2032

5.1. Cellulosic Ethanol
5.2. Biodiesel
5.3. Bio Butanol
5.4. Others

Chapter 6. Europe Second Generation Biofuels Market Size & Forecasts by Feedstock 2022-2032

6.1. Simple Lignocellulose
6.2. Complex Lignocellulose
6.3. Syngas
6.4. Algae
6.5. Others

Chapter 7. Europe Second Generation Biofuels Market Size & Forecasts by Process 2022-2032

7.1. Biochemical Process
7.2. Thermochemical Process

Chapter 8. Europe Second Generation Biofuels Market Size & Forecasts by Application 2022-2032

8.1. Transportation
8.2. Power Generation
8.3. Others

Chapter 9. Europe Second Generation Biofuels Market Size & Forecasts by Country 2022-2032

9.1. U.K. Second Generation Biofuels Market
- 9.1.1. Type breakdown size & forecasts, 2022-2032
- 9.1.2. Feedstock breakdown size & forecasts, 2022-2032
- 9.1.3. Process breakdown size & forecasts, 2022-2032
- 9.1.4. Application breakdown size & forecasts, 2022-2032
9.2. Germany Second Generation Biofuels Market
9.3. France Second Generation Biofuels Market
9.4. Spain Second Generation Biofuels Market
9.5. Italy Second Generation Biofuels Market
9.6. Rest of Europe Second Generation Biofuels Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Clariant AG
  - 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. Market Strategies
- 10.3.2. Fiberight Ltd
- 10.3.3. INEOS Group
- 10.3.4. Orsted A/S
- 10.3.5. Drax Group

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

LIST OF TABLES

TABLE 1. Europe Second Generation Biofuels market, report scope
TABLE 2. Europe Second Generation Biofuels market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Europe Second Generation Biofuels market estimates & forecasts by Type 2022-2032 (USD Billion)
TABLE 4. Europe Second Generation Biofuels market estimates & forecasts by Feedstock 2022-2032 (USD Billion)
TABLE 5. Europe Second Generation Biofuels market estimates & forecasts by Process 2022-2032 (USD Billion)
TABLE 6. Europe Second Generation Biofuels market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 7. Europe Second Generation Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Europe Second Generation Biofuels market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Europe Second Generation Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Europe Second Generation Biofuels market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Europe Second Generation Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Europe Second Generation Biofuels market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Europe Second Generation Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Europe Second Generation Biofuels market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Europe Second Generation Biofuels market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. UK Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. UK Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. UK Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Germany Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Germany Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Germany Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. France Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. France Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. France Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Italy Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Italy Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Italy Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. Spain Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. Spain Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. Spain Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. RoE Second Generation Biofuels market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. RoE Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. RoE Second Generation Biofuels market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. List of secondary sources, used in the study of Europe Second Generation Biofuels Market.
TABLE 35. List of primary sources, used in the study of Europe Second Generation Biofuels Market.
TABLE 36. Years considered for the study.
TABLE 37. Exchange rates considered

LIST OF FIGURES

FIG 1. Europe Second Generation Biofuels market, research methodology
FIG 2. Europe Second Generation Biofuels market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe Second Generation Biofuels market, key trends 2023
FIG 5. Europe Second Generation Biofuels market, growth prospects 2022-2032
FIG 6. Europe Second Generation Biofuels market, porters 5 force model
FIG 7. Europe Second Generation Biofuels market, pestel analysis
FIG 8. Europe Second Generation Biofuels market, value chain analysis
FIG 9. Europe Second Generation Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 10. Europe Second Generation Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 11. Europe Second Generation Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 12. Europe Second Generation Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 13. Europe Second Generation Biofuels market by segment, 2022 & 2032 (USD Billion)
FIG 14. Europe Second Generation Biofuels market, Country snapshot 2022 & 2032
FIG 15. Europe Second Generation Biofuels market 2022 & 2032 (USD Billion)

Europe Second Generation Biofuels market, company market share analysis (2023)