Global Biofuels Market By Type (Liquid Biofuels, Gaseous Biofuels, Solid Biofuels), Application (Transportation, Electricity Generation, Heat Generation), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa), Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2018 to 2025

    Report ID : 71556   |  Published On: December 2018 |   Pages: |   Format:PDF

Global biofuels market is expected to reach USD 233.57 Billion by 2025, at a CAGR of 5.03% from 2018 to 2025. Factors boosting the growth of the market include increased adoption of renewable sources of energy, depleting of fossil fuels, innovative technologies and strategies, and climate change mitigation. Market Overview: Biofuels are produced using contemporary biological processes using various environmental wastages like agricultural and forestry residues, industrial wastes, or municipal solid wastes. The production of biofuels need less space and are known as first-generation fuels. The biofuels are derived from plants or raw materials of both food and non-food products. The government encouraging the adoption of renewable sources has created a huge market for the biofuels. For instance, Union Cabinet of India, has approved national policy on biofuels in 2018. This policy promotes the generation of biofuels by using agricultural residues/wastes.  The biofuel is the most cost-effective and environment-friendly fuel and is majorly seen as a renewable resource. The biofuels can be of solid, liquid or gaseous form. In 2017 U.S. has produced 36 million metric tons of Biofuels. This production has increased the market growth. Report Description:
  • The base year for the study has been considered 2017, historic year 2015 and 2016 and, the forecast period considered is from 2018 to 2025. The biofuels market is analysed on the basis of value chain analysis
  • The report provides the key data of Production (‘Kilo MT), Consumption (‘Kilo MT), Import & Export (‘Kilo MT), and value chain analysis in order to understand the present and future scenario of the market.
  • The study delivers a comprehensive analysis of global biofuels market by type, applications, and regions.
  • The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2018 to 2025.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global Biofuels market. This report incorporates the industry analysis which is focused on providing an extensive view of the biofuels market.
  • The study also includes attractiveness analysis of type, applications, and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the biofuels market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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Market Dynamics: Drivers:
  • Increased adoption of renewable sources of energy
  • Depleting of fossil fuels
  • Climate change mitigation
  • Fluctuations in oil prices
  • Reduced demand for transport fuels
  • Policies for the use of renewable sources
Global Biofuels Market Key Findings: All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment. Segmentation Analysis: The biofuels market is segmented on the basis of type and application.
  • Type segment includes liquid biofuels, gaseous biofuels, and solid biofuels. The liquid biofuels segment is anticipated to grow with the highest CAGR of 7.41% over the forecast period. Here, contributing factors are depleting of fossil fuels and climate change mitigation.
  • Application segment is divided into transportation, electricity generation, and heat generation. Transportation is playing a chief role in shaping business growth and acting as a catalyst for business modernization with market value of USD 76.45 Billion in 2017. The biofuels are seen as the alternative source of fuel and diesel resulting into optimization of renewable sources which has led to an increase in the growth rate of the transportation segment.
Regional Segmentation Analysis: The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. North America region held the largest market share of 38.92% in 2017 where as the Asia Pacific region held the second dominant position in the global biofuels market.
  • The government promoting the bio-based fuel alternatives and availability of feedstock are the major driving factors for the growth of the biofuels market in Asia Pacific region. The Biodiesel Association of India (BDAI) has planned to launch cooking oil (RUCO) and has a target to convert 2.2 million tonnes of used cooking oil into biofuel.
  • The expansion of biofuels, installation of biofuel plants, increasing use of liquids biofuels, and the fact that the countries like U.S. and Brazil are the largest producers of the biofuels globally are the key reasons for North America being dominant in the global biofuels market.
Global Biofuels Market Competitive Analysis: Key players in the biofuels market are Green Plains Inc., Aemetis Inc., Solazyme Inc, Renewable Energy Group, Aventine Renewable Energy Holdings, Inc. (AVRW), Copersucar S.A, Royal DSM, Raizen Energia Participacoes S.A, BlueFire Renewables, Western Dubuque Biodiesel LLC, Australian Renewable Fuels Ltd., Wilmar International Ltd., Cargill, Inc., Diester Industries, Abengoa Bioenergy, S.A., Solazyme Inc, Green Plains Inc., GHP Biodiesel, Louis Dreyfus Company, Future Fuel Corporation, Bunge Limited, and others. The Robert Bosch GmbH, Denso Corporation, ABB Ltd., and Delphi Automotive are the top leading players of the market. For instance, in 2017, ExxonMobil collaborated with Synthetic Genomic to produce biofuels from algae. Both the companies aimed to have advanced biofuels programme to promote the renewable energy sources. *All our reports are customizable as per customer requirements Scope
Key Points Information
Evaluate Market Potential Growth Rates (CAGR %) Value (USD Million) {Market Size} Volume (‘Kilo MT )
USP of Report Production Consumption Import & Export Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment
Historical Years 2015-2017
Forecast Years 2018-2025
Regional Analysis North America, Europe, Asia Pacific, South America, and Middle East and Africa
Countries Analysis U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global biofuels market on the basis of below mentioned segments: Global Biofuels Market, By Type:
  • Liquid Biofuels
    • Ethanol
    • Biodiesel
    • Hydrogenated Vegetable Oil (HVO)
  • Gaseous Biofuels
    • Biogas
  • Solid Biofuels
    • Wood Briquettes and Pellets
    • Biocoal/Torrefied Wood
Global Biofuels Market, By Application
  • Transportation
  • Electricity Generation
  • Heat Generation
Global Biofuels Market, By Regions:
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Sweden
    • Netherlands
    • U.K.
    • Italy
    • Spain
    • Turkey
    • Switzerland
    • Belgium
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Nigeria
    • South Africa
    • Rest of Middle East and Africa
Table of Contents
  1. Introduction
  2. Research Methodology
  3. Executive Summary
  4. Report Premium Insights
  5. Market Overview
  6. Industry Trend Analysis
  7. Global Biofuels Market by Type Analysis
  8. Global Biofuels Market by Application Analysis
  9. Global Biofuels Market by Region Analysis
  10. Competitive Analysis
  11. Company Profiles
  • Business Overview
  • Products Portfolio
  • Key Insights
  • Recent Developments
  • SWOT Analysis
  • Financial Analysis
  • Market Share Analysis

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