Biofuels market report presents you with the company profile, product specifications, capacity, production value, and market shares for each company for the forecast period. It identifies and analyses the emerging trends along with major drivers, inhibitors, challenges and opportunities in the industry. This Biofuels market report is generated with the combination of steps which uses a nice blend of industry insights, practical solutions, and latest tools and technology. The report forecasts the size of the market with information on key vendor revenues, development of the industry by upstream and downstream, industry progress, key companies, along with market segment type and market application.
This Biofuels report is very reliable as all the data and the information regarding the industry is collected via genuine sources such as websites, journals, annual reports of the companies, and magazines. This global market research report is likely to show a considerable growth of market in percentage during the forecast period of 2019-2026. Key insights of the report are complete and distinct analysis of the market drivers and restraints, major market players involved in this industry, detailed analysis of the market segmentation and competitive analysis of the key players involved.
Global Biofuels Market is expected to rise to an estimated value of USD 263.30 billion by 2026 registering a CAGR of 4.75% in the forecast period of 2019-2026. The growing demand of vegetable oil is influencing the biofuels market to grow.
Biofuels are produced to replace gasoline, diesel fuel and coal, which are “non-renewable energy sources” since they are produced by animals and plants that died a large number of years earlier. Biofuels are made from plants that have recently been reaped. Biofuel is also used as a first-generation fuel. It is also used in preventing vitamin A deficiency, cancer, brain disease, aging; and treating malaria, high blood pressure, high cholesterol, and cyanide poisoning.
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Segmentation: Global Biofuels Market
By Type (Biodiesel, Bioethanol, Propanol, Butanol)
By Feedstock Corn, Sugarcane, and Vegetable Oils)
By Form (Solid, Fuel Pellets Liquid, Gaseous)
Middle East and Africa
Key Developments in the Market:
In June 2017: My Eco Energy (MEE) plans to sell biodiesel, marketed under the brand name of Indizel, in canisters (5, 10 & 20 liters) through retail supply model in cities across India. The biofuel, manufactured the company, is made from recycled and waste vegetable oils & fats, and is capable of outperforming petroleum diesel in performance, emissions, mileage, price, and value.
In November 2017, Abengoa has been awarded the contract for the engineering, design, construction, and commissioning of municipal solid waste (MSW)-to-biofuels plant for Fulcrum BioEnergy. The plant, located in the State of Nevada, is expected to produce 10 million gallons of biofuels per year, to be used in the aviation sector.
Table of Content: Global Biofuels Market
Chapter 1 Methodology & Scope
Initial data exploration
Statistical model and forecast
Industry insights and validation
Definition and forecast parameters
1.2 Data Sources
Chapter 2 Executive Summary
2.1 Biofuels industry 360 degree synopsis, By 2026
Chapter 3 Biofuels Industry Insights
Industry landscape, By 2026
Industry ecosystem analysis
Industry participant analysis
Major pain points
Industry impact forces
Emerging trend across
Industry pitfalls and challenges
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Key Market Competitors: Global Biofuels Market
Few of the major competitors currently working in biofuels market are Biofuels Digest, Neste Netherlands B.V., Infinita Renovables SA, Cargill, Marseglia Group, Glencore, Louis Dreyfus Holding B.V., Renewable Energy Group, Inc., RB FUELS, Ag Processing, Inc., Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru Alimentos S.A., ENF Ltd., Hebei Jingu, Hebei Jingu, Shandong Jinjiang, Valero Marketing and Supply Company, Green Plains Inc., Flint Hills Resources, Abengoa Bioenergy, Pacific Ethanol, Inc., CropEnergies AG, Raízen, The Andersons, Inc., BTG International Ltd.
Low price of biofuels than other vegetable oils is expected to boost the market growth
Improving economic conditions, rising living standards and changing eating habits are also contributing in the growth of the market.
Due to low carbon emissions, growing automobile industry are also helping market to grow.
High investments for installing biofuels and biogas plants
Due to urbanization, lack of spaces in surroundings for biofuel plants to get settled
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