Biofuels Market Will Register World’s Highest Growth In Coming Years 2023-2029- Diester Industries,Neste Oil Rotterdam,ADM

The Global Biofuels Market report includes a global opportunity analysis and industry forecast till 2032. The global market value is expected to reach USD 163.87 billion by 2022 registering a CAGR of 7.65% from 2023 to 2032. The base year considered for the study is 2021, and the forecast has been provided for the period 2023 to 2032.                     
Biofuels Not Very Green | Financial Tribune

New Jersey, United States:- The Global Biofuels Market report 2023-2029 Industries are expected to develop at the greatest rate of CAGR during the next seven years. Regional estimates and trend analysis of major market players will help you make your business decision. The market analysis also discusses new product developments, cost, revenue, gross margin, market size, share, and projected growth in addition to upcoming market strategies used by top competitors. The report is designed to provide a 360-degree view of the Biofuels market fully analysed report of Market Overview, Industry Development, Market Maturity, Value Chain Analysis. Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets. Company profiling with detailed strategies, financials, and recent developments.

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The Prominent Players in the Global Biofuels Market: Diester Industries,Neste Oil Rotterdam,ADM,Infinita Renovables,Biopetrol,Cargill,Ital Green Oil,Glencore,Louis Dreyfus,Renewable Energy Group,RBF Port Neches,Ag Processing,Elevance,Alpha Biofuels,Marathon Petroleum Corporation,Evergreen Bio Fuels,Minnesota Soybean Processors,Caramuru,Jinergy,Hebei Jingu Group,Longyan Zhuoyue,Shandong Jinjiang

Recent Development:

  • In July 2021Alpha Biofuels, a Singapore based company announced that it has blended its biofuel at its Tuas plant, wherein, it was converted from cooking oil that it had collected from food & beverage manufacturers. In the same month, it is also used as trial in the vessel The Frontier Jacaranda, which sailed on 93% standard fuel and 7% biofuel.

Based on Types, the Biofuels Market is segmented into:



Based on Application, the Biofuels Market is segmented into:

Industrial Fuels

Transportation Fuels

Chemical Industry

Biofuels Market Region Coverage (Regional Status, Demand & Trend Forecast by Countries, etc.):

North America, Europe, China, Japan, Southeast Asia, India.

North America (USA, Canada, and Mexico).

Europe (Germany, France, UK, Russia and, Italy).

Asia-Pacific (China, Japan, Korea, India and, Southeast Asia).

North America is Expected to Dominate the Market

  • The North American region houses one of the biggest aviation markets along with a well-established terrain transportation infrastructure running on primarily fossil fuels. The North American region has been at the forefront of lowering emissions to limit the greenhouse effect.
  • In 2020, the North American region produced about 623 thousand barrels of oil equivalent per day of biofuels, including biogasoline and biodiesel. Ethanol’s share in the production was significantly higher than biodiesel, accounting for almost 500 thousand barrels of oil equivalent per day.
  • Furthermore, in 2020 United States consumed 454 thousand barrels of oil equivalent per day, close to half of the global bio-gasoline consumption.
  • The countries in the region consider policies that help in the rapid adoption of biofuels in the region. In January 2022, the US Environmental Protection Agency announced a new initiative for streamlining the review of biofuels and chemicals that can play a major role in replacing higher GHG emitting fossils fuels providing a major push to the biofuels market.

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Key Segments Covered in this Market:

– Market Forecast Analysis for 2023-2029

– Growth Drivers and Barriers, Market Trends, Market Opportunities, Porter’s Five Forces Analysis

– Biofuels Market Overview, Industry Development, Market Maturity, Value Chain Analysis

– Regional & Country Level Analysis

– Market Segment Trend and Forecast

– Biofuels Market Analysis and Various Recommendations

– Key Market Driving Factors.

This study provides in-depth quantitative assessments of the Biofuels market and makes suggestions for developing strategies to support market success and growth. Market thoroughly assesses the essential market elements while taking into account the current status of the sector, customer preferences, participant business plans, and probable future developments from a range of angles. With the industry’s continual expansion, the market is changing quickly. Technology development has given today’s firms a variety of benefits that are causing everyday economic changes. Therefore, in order to effectively plan its strategies, a corporation must understand the trends in market movement. An effective strategy gives businesses an advantage over rivals and a head start on planning.

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NOTE :- Biofuels Market report is based on studies on 2017-2023 and provides forecast from 2023 till 2029.

Table of Contents:

Chapter 1: Global Biofuels Market Overview

Chapter 2: Economic Impact on Industry

Chapter 3: Market Competition by Manufacturers

Chapter 4: Production, Revenue (Value) by Region

Chapter 5: Supply (Production), Consumption, Export, Import by Regions

Chapter 6: Production, Revenue (Value), Price Trend by Type

Chapter 7: Market Analysis by Application

Chapter 8: Manufacturing Cost Analysis

Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10: Marketing Strategy Analysis, Distributors/Traders

Chapter 11: Market Effect Factors Analysis

Chapter 12: Research Conclusions of Global Biofuels Market

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Biofuels Market Growing Trends and Demands Analysis forecast 2023 to 2030 | CAGR at a 4.71% during the forecast period

The Biofuels Market research reports 2022-2030. A detailed study accumulated to offer the Latest insights about acute features of the Global Biofuels market. This report provides a detailed overview of key factors in the Biofuels Market and factors such as driver, restraint, past, and current trends, regulatory scenarios, and technology development. This report elaborates the market size, revenue, and growth of the Biofuels industry, and breaks it down according to the type, application, and consumption area of Biofuels. The report also conducted a PESTEL analysis of the industry to study the industry’s main influencing factors and entry barriers.

The Biofuels Market is valued at USD 69476.34 Million in 2021 and is projected to reach USD 95884.91 Million by 2028, growing at a CAGR of 4.71% from 2022 to 2030.

Key companies profiled are:

Diester Industries, Neste Oil Rotterdam, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus, Renewable Energy Group, RBF Port Neches, Ag Processing, Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru, Jinergy, Hebei Jingu Group, Longyan Zhuoyue, Shandong Jinjiang, among others.

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Market Segmentation
The Most important types of Biofuels covered in this report are:



The Most widely used downstream fields of Biofuels market covered in this report are:

Industrial Fuels

Transportation Fuels

Chemical Industry

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Country Level Break-Up:

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Influence of the Biofuels market report:
-Comprehensive assessment of all opportunities and risks in the Biofuels market.
-Biofuels market recent innovations and major events.
-Detailed study of business strategies for growth of the Biofuels market-leading players.
-Conclusive study about the growth plot of the Biofuels market for forthcoming years.
-In-depth understanding of Biofuels market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Biofuels market.

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Biofuels Market 2020 Growth, Opportunity and Industry Forecast 2024 | Infinita Renovables, Biopetrol, ADM, Glencore, Cargill

The Biofuels Market report is a valuable source of insightful data for business strategists. The report also helps in understanding the global Biofuels market through key segments including application, product type, and end user. This analysis is based on various parameters such as CGAR, share, size, production, and consumption. This helps the competitors in taking well-versed business decisions by having overall insights of the market scenario. Report explores the current outlook in global and key regions from the perspective of players, countries, product types and end industries.

The report has also focused on the competitive landscape and the key strategies deployed by the market participants to strengthen their presence in the global Biofuels market. Leading players operating in the global Biofuels market comprising Diester Industries, Renewable Energy Group, Neste Oil Rotterdam, Infinita Renovables, Biopetrol, ADM, Glencore, Cargill, Louis Dreyfus, Ital Green Oil, Minnesota Soybean Processors, Jinergy, Caramuru, RBF Port Neches, Marathon Petroleum Corporation, Elevance, Longyan Zhuoyue, Evergreen Bio Fuels also profiled in the report.

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The demand for biofuel has significantly increased over the past decade by policies, such as the Renewable Energy Directive (RED) and the Fuel Quality Directive of the European Union region, which has introduced a 7% renewable energy coming from food and feed crops in the transport sector by 2020. Moreover, the ambitious mandates set by various countries to blend biofuels with conventional fuels, to lessen the dependency on fossil fuels, has further boosted the demand for biofuels across the world.

This report segments the global Biofuels Market on the basis of Types are

On The basis Of Application, the Global Biofuels Market is

Industrial Fuels
Transportation Fuels
Chemical Industry

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Regional Analysis:

The report provides a detailed breakdown of the market region-wise and categorizes it at various levels. Regional segment analysis displaying regional production volume, consumption volume, revenue, and growth rate from 2019-2024 covers: Americas (United States, Canada, Mexico, Brazil), APAC (China, Japan, Korea, Southeast Asia, India, Australia), Europe (Germany, France, UK, Italy, Russia, Spain), Middle East & Africa (Egypt, South Africa, Israel, Turkey, GCC Countries)

Through the measurable examination, the report delineates the universal Biofuels Market including limit, generation, creation esteem, cost/benefit, supply/request and worldwide import/send out. The all out market is additionally isolated by organization, by nation, and by application/type for the aggressive scene examination. The report at that point gauges 2020-2026 market improvement patterns of industry. Examination of upstream crude materials, downstream interest, and current market elements is additionally completed. At last, the report makes some significant proposition for another undertaking of Biofuels Market before assessing its attainability.

The report has 150 tables and figures browse the report description and TOC: 

Significant Features that are under Offering and Key Takeaways from this Report:

  • Evaluate market potential through analyzing growth rates, Volume and price knowledge – for products type, finish use applications and by completely different trade verticals of Biofuels Market.
  • Understand the various dynamics influencing the Biofuels market – key driving factors, challenges, and hidden opportunities.
  • Get in-depth insights on your contestant performance of Biofuels Market – market shares, strategies, monetary benchmarking, product benchmarking and additional.
  • Biofuels Market report analyzes the sales and distribution channels across key geographies to enhance top-line revenues.
  • Comprehend the exchange give chain a profound jump on the value increase at each progression, to enhance cost and deliver efficiencies in your procedures.
  • Get a fast outlook on the Biofuels market report entropy – Deals, partnerships, product launches of all key players for the past Five years.
  • Evaluate the supply-demand gaps, import-export statistics and restrictive landscape for quite prime twenty countries globally for the Biofuels market.

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Impact of COVID-19 on Biofuels Market By Top Leading Players- Poet, ADM, Valero, Green Plains, Flint Hills Resources.

This report studies the Biofuels market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Biofuels market analysis segmented by companies, region, type and applications in the report.

Biofuels are non-fossil fuels. They are energy carriers that store the energy derived from organic materials (biomass), including plant materials and animal waste. First-generation biofuels are currently produced from food crops such as sugar cane and rapeseed. They include bioethanol (made from sugars and starch) and biodiesel (made from vegetable oil). Second-generation biofuels are under development and will be derived from non-food plant matter such as crop residues and agricultural or municipal wastes. They include bioethanol made from cellulosic materials such as straw or wood.

Biofuel is created from the biomass (recently living plant matter or animal waste).Its opposite to the fuels derived from hydrocarbon which consists of ancient plant and animal matter. The term biofuel is usually used alternatively to liquid fuels, such as ethanol and biodiesel that are used as replacements for transportation fuels like petroleum, diesel. Ethanol is an alcohol can be used as a replacement for, or additive to, gasoline. Biodiesel is produced by extracting

Naturally occurring oils from plants and seeds in a process called trans esterification. Biodiesel can be mixed with the diesel or used directly as a substitute in the diesel engines.

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Biofuels market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Biofuels market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

Poet, ADM, Valero, Green Plains, Flint Hills Resources, Abengoa Bioenergy, Pacific Ethanol, CropEnergies, Raizen, Cargill.

Segmentation by type: breakdown data from 2015 to 2020; and forecast to 2025

Bioethanol, Biodiesel.

Segmentation by application: breakdown data from 2015 to 2020; and forecast to 2025

Industrial fuels, Transportation fuels, Chemical industry.

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The Biofuels market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.

The study objectives are:

  • To analyze and research the global Biofuels capacity, production, value, consumption, status and forecast;
  • To focus on the key Biofuels manufacturers and study the capacity, production, value, market share and development plans in next few years.
  • To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
  • To define, describe and forecast the market by type, application and region.
  • To analyse the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyse the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyse each submarket with respect to individual growth trend and their contribution to the market.
  • To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

This report includes the estimation of market size for value (million USD) and volume (K Units). Top-down and bottom-up approaches have been used to estimate and validate the market size of Biofuels market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

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Biofuels Market Growth, Revenue, Demand and Forecast to 2025

Market Study Report recently introduced new title on “2020-2025 Global Biofuels Market Report” that provides an in-depth overview of industry and competitive landscape, covering multiple market segments and elaborates market outlook and status to 2025.

According to this study, over the next five years the Biofuels market will register a 4.9% CAGR in terms of revenue, the global market size will reach $ 78250 million by 2025, from $ 64580 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biofuels business, shared in Chapter 3.

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Research objectives

To study and analyze the global Biofuels consumption (value & volume) by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.

To understand the structure of Biofuels market by identifying its various subsegments.

Focuses on the key global Biofuels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Biofuels with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Biofuels submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.


This report presents a comprehensive overview, market shares, and growth opportunities of Biofuels market by type, application, key manufacturers and key regions and countries. This study considers the Biofuels value and volume generated from the sales of the following segments:

Market Segmentation:

Segmentation by type:



Segmentation by application:

Industrial Fuels

Transportation Fuels

Chemical Industry

This report also splits the market by region:


United States








Southeast Asia










Middle East & Africa


South Africa



GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

Leading players:

  • Diester Industries
  • Renewable Energy Group
  • Neste Oil Rotterdam
  • Infinita Renovables
  • Biopetrol
  • ADM
  • Glencore
  • Cargill
  • Louis Dreyfus
  • Ital Green Oil
  • Minnesota Soybean Processors
  • Jinergy
  • Caramuru
  • RBF Port Neches
  • Marathon Petroleum Corporation
  • Elevance
  • Longyan Zhuoyue
  • Evergreen Bio Fuels
  • Ag Processing
  • Hebei Jingu Group
  • Shandong Jinjiang

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.


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