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. Leading Players of Global 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.
This Biofuels market report is a complete overview of the market that covers various aspects of product definition, market segmentation based on various parameters, and the existing vendor landscape. Company snapshot, geographical presence, product portfolio, and recent developments are taken into consideration for studying the company profiles. It gives key measurements, status of the manufacturers and is a significant source of direction for the businesses and organizations. Moreover, this market report includes momentous data, current market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry.
Skilful capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services come together to form this world-class Biofuels market research report. To be successful in this competitive age, it is very imperative to get well-versed about the major happenings in this industry which is possible only with the excellent market report like this one. For research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions are taken into account. This report aids in achieving an extreme sense of evolving industry movements before the competitors.
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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.
Recent Industry Developments
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.
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.
Various features and important queries have been answered in top-notch report
- What are the market tools and techniques on the basis of which the Biofuels market is evaluated?
Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter’s Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Biofuels market.
- What all regions are covered in this Biofuels market research report?
The focused regions are basically U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
- How does this report prove to be beneficial for the readers?
The Biofuels market report saves crucial time of the readers by providing deep and unbiased insights related to Biofuels market under one roof. Additionally, this report can be customized according to the customers’ requirement. Specific regional wise or country wise analysis is also available as per on request.
In this section, various Biofuels industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
- Sales and Revenue Analysis
Both, sales and revenue are studied for the different regions of the Biofuels Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.
- Market Dynamics
The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends in this section.
- Application Usage
The section provides up-to-date information on the customer experience which can help identify the problems as well as detailed errors in the products. Through these findings, you will be able to provide solutions to it.
Major Highlights of TOC:
Chapter One: Biofuels Market Industry Overview
1.1 Biofuels Industry
1.1.2 Products of Major Companies
1.2 Biofuels Market Segment
1.2.1 Industry Chain
1.2.2 Consumer Distribution
1.3 Price & Cost Overview
Chapter Two: Biofuels Market Demand
2.1 Segment Overview
2.1.1 APPLICATION 1
2.1.2 APPLICATION 2
2.2 Biofuels Market Size by Demand
2.3 Biofuels Market Forecast by Demand
Chapter Three: Biofuels Market by Type
3.1 By Type
3.1.1 TYPE 1
3.1.2 TYPE 2
3.2 Biofuels Market Size by Type
3.3 Biofuels Market Forecast by Type
Chapter Four: Major Region of Biofuels Market
4.1 Biofuels Sales
4.2 Biofuels Revenue & market share
Chapter Five: Major Companies List
Chapter Six: Conclusion
Key Segmentation of Global Biofuels Market
By Feedstock Corn, Sugarcane, and Vegetable Oils)
By Type (Biodiesel, Bioethanol, Propanol, Butanol)
By Form (Solid, Fuel Pellets Liquid, Gaseous)
Middle East and Africa
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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