Product Code: EGY064E
Highlights:
The global market for biofuels is estimated to increase from $125.9 billion in 2023 to reach $143.8 billion by 2028 with a compound annual growth rate (CAGR) of 2.7% during the forecast period of 2023-2028.
The global market for ethanol is estimated to increase from $84.7 billion in 2023 to reach $98.1 billion by 2028 with a CAGR of 3.0% during the forecast period of 2023-2028.
The global market for biodiesel is estimated to increase from $34.9 billion in 2023 to reach $38.9 billion by 2028 with a CAGR of 2.2% during the forecast period of 2023-2028.
Report Scope:
This BCC Research report presents an overview of biofuel types, manufacturing methods, feedstock options, typical plant costs, and operating margins, followed by an analysis of major geographical markets: North America, Europe, South America, Asia-Pacific, Africa, and the Middle East. Each regional evaluation includes market size estimates for ethanol, biodiesel, and other fuel types sales and a forecast for growth to 2028. The report also presents the technical and commercial developments in advanced biofuels and emerging technologies in the biofuel sector. The report concludes with a competitive landscape of the global biofuel market. The report will also discuss emerging technologies in the biofuel sector and conclude with company profiles of the various players in the area.
Report Includes:
- 18 data tables and 27 additional tables
- An overview of the global markets for liquid biofuels
- An estimate of market size and analyses of global market trends, with data from 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- An evaluation of the market potential for biofuels based on biofuel type and region
- Coverage of technical and commercial developments in advanced biofuels, and an assessment of manufacturing methods, feedstock options, typical plant costs, operating margins, and the emerging technologies in the biofuel sector
- A look at the regulatory framework regarding the use of biofuels, incentives for fuel production, and the number and capacity of manufacturing plants; and information on the Paris Climate Accords, investments in biofuel technologies, and collaborations between companies
- Analysis of significant patent activity in biofuels
- A market outlook for the major companies, including a market share analysis and assessment of the competitive landscape
- Company profiles of major players within the industry, including ADM, Chevron Renewable Energy Group, Green Plains Inc., and HF Sinclair Corp.
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- What's New in this Update?
- Methodology
- Information Sources
- Geographic Breakdown
Chapter 2 Summary and Highlights
Chapter 3 Market Overview
- Introduction
- Biofuel Evolution
- First-Generation Biofuels
- Second-Generation Biofuels
- Third-Generation Biofuels
- Fourth-Generation Biofuels
- Yield
- Net Energy Yield
- Conversion Routes for Biofuels Production
- Types of Biofuels
- Ethanol
- Corn Ethanol
- Corn Ethanol Manufacturing
- Cellulosic Ethanol
- Ethanol Blending
- Coproducts of Ethanol Production
- Ethanol Plant Costs
- Biodiesel
- Biodiesel Manufacturing
- Transesterification
- Post-Reaction Processes
- Biodiesel Blending
- Coproducts of Biodiesel Manufacturing
- Biodiesel Plant Costs
- Renewable Diesel
- Sustainable Aviation Fuel (SAF)
- Other Biofuels
- Straight Vegetable Oil/Pure Vegetable Oil
- Wood Diesel
- Biobutanol
- Biobutanol Manufacturing
- Hydrothermal Upgrading Diesel
- Fischer-Tropsch Biofuels
- Fischer-Tropsch Manufacturing
- Algal Fuel (Oilgae)
- Biomethanol
- Dimethylfuran
- Bio-DME
- Green Gasoline
- Designer Hydrocarbons
- Share of Biofuels in World Energy Matrix
Chapter 4 Market Dynamics
- Market Trends
- Growing Demand for Low-Carbon Intensive Fuel
- Stringent Policies
- Food Crops to Remain as a Major Feedstock
- Market Drivers
- Environmental Policies and Incentives
- Growing Demand for Sustainable Aviation Fuels (SAF)
- Energy Security
- Market Challenges
- Feedstock Availability
Chapter 5 Biofuel Market by Fuel Type
- Introduction
- Global Biofuel Market by Fuel Type
- Global Market by Region
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
Chapter 6 Biofuels Market by Region
- Global Market for Biofuels by Region
- Global Market by Region
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
Chapter 7 Sustainability in Biofuels Industry: An ESG Perspective
- Introduction
- ESG Issues
- Environmental Issues
- Social Issues
- Biofuel Industry ESG Performance Analysis
- Consumer Attitudes Towards ESG
- ESG Practices by Companies
- ESG Risk and Opportunities
- Opportunities in Implementing ESG in Biofuel Companies
- Risks in Implementing ESG in Biofuel Companies
- Case Study
- ESG Performance of Neste: Driving Sustainable Innovation in the Biofuel Industry
- Concluding Remarks from BCC
Chapter 8 Emerging Technologies and Developments
- Introduction
- Emerging Technology
- Technology Innovation
- Innovative Technology in Feedstock
- Los Alamos National Laboratory (LANL)
- Innovative Technology in Process
Chapter 9 Competitive Intelligence and M&A
- Market Share
- Strategies
- Feedstock Diversification
- New Technologies
- Partnership and Capacity Expansion
- Product Diversification
- Vertical Integration
- Mergers & Acquisitions
- Investments in Biofuels
Chapter 10 Company Profiles
- Introduction
- Company Profiles
- ADM
- CARGILL
- CHEVRON RENEWABLE ENERGY GROUP
- GREEN PLAINS INC.
- HF SINCLAIR CORP.
- MARQUIS
- POET LLC