Product Code: CMI6988
The liquid biofuels market is estimated to be valued at USD 89.18 Bn in 2024 and is expected to reach USD 137.68 Bn by 2031, growing at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Report Coverage |
Report Details |
Base Year: |
2023 |
Market Size in 2024: |
US$ 89.18 Bn |
Historical Data for: |
2019 To 2023 |
Forecast Period: |
2024 To 2031 |
Forecast Period 2024 to 2031 CAGR: |
6.40% |
2031 Value Projection: |
US$ 137.68 Bn |
Figure. Liquid Biofuels Market Share (%), By Region 2024
Liquid biofuels are an alternative fuel made from biomass feedstock like vegetable oils, animal fats, sugar cane, corn, etc. They include fuels like biodiesel, ethanol, bioethanol, biomethanol, bio-butanol, etc. Liquid biofuels are considered environmentally sustainable and a renewable source of energy as they are produced from biomass. They serve as alternatives to conventional fossil fuels and help reduce dependence on petroleum. Usage of liquid biofuels also contributes to lower greenhouse gas emissions compared to fossil fuels.
Market Dynamics:
Increasing support through favorable government policies promoting the use of renewable and clean fuels is a key driver for the liquid biofuels market. Many nations have mandated blending targets for liquid biofuels to be mixed with gasoline and diesel. Rising crude oil prices and supply security concerns also motivate the usage of liquid biofuels. Technological advancements in the production process of biofuels along with second and third generation biofuel feedstock present lucrative opportunities. However, high production and infrastructure costs restrain the market growth. Fluctuations in agricultural commodity prices of feedstock also impact the liquid biofuels market.
Key Features of the Study:
- This report provides an in-depth analysis of the global liquid biofuels market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global liquid biofuels market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include The Archer-Daniels-Midland Company, Valero Energy Corporation, Green Plains Inc., Gevo, Chevron, Neste, TotalEnergies, Wilmar International Ltd, Enerkem , POET , Fulcrum BioEnergy, Inc. , Alto Ingredients, Inc. , Pacific Biodiesel, Sudzucker AG, Emami Agrotech Limited , Chemical Construction International Limited, Khanda BioFule, BIOD TECHNOLOGY FZCO, Lootah Bio Fuels, and Neutral Fuels.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global liquid biofuels market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global liquid biofuels market.
Market Segmentation
- By Type:
- Ethanol
- Biodiesel
- Others (Hydrotreated vegetable oil, etc.)
- By Feedstock:
- Corn
- Sugarcane
- Soybean
- Canola
- Others (Cellulosic biomass, etc.)
- By Process:
- Fermentation
- Transesterification
- Others (Hydro Heating, etc.)
- By Application:
- Transportation Fuel
- Marine
- Others (Aviation, etc.)
- Power Generation
- Others (Thermal Heating, etc.)
- By Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- The Archer-Daniels-Midland Company
- Valero Energy Corporation
- Green Plains Inc.
- Gevo
- Chevron
- Neste
- TotalEnergies
- Wilmar International Ltd
- Enerkem
- POET
- Fulcrum BioEnergy, Inc.
- Alto Ingredients, Inc.
- Pacific Biodiesel
- Sudzucker AG
- Emami Agrotech Limited
- Chemical Construction International Limited
- Khanda BioFule
- BIOD TECHNOLOGY FZCO
- Lootah Bio Fuels
- Neutral Fuels
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Feedstock
- Market Snippet, By Process
- Market Snippet, By Application
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- PEST Analysis
- PORTER's Five Forces Analysis
- Market Opportunities
- Regulatory Scenario
- Key Developments
- Industry Trend
4. Global Liquid Biofuels Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting the Global Liquid Biofuels Market - COVID-19
- Impact Analysis
5. Global Liquid Biofuels Market, By Type, 2019-2031 (US$ BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Ethanol
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Biodiesel
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Hydrotreated vegetable oil, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
6. Global Liquid Biofuels Market, By Feedstock, 2019-2031 (US$ BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Corn
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Sugarcane
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Soybean
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Canola
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Cellulosic biomass, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
7. Global Liquid Biofuels Market, By Process, 2019-2031 (US$ BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Fermentation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Transesterification
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Hydro Heating, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
8. Global Liquid Biofuels Market, By Application, 2019-2031 (US$ BN)
- Introduction
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Transportation Fuel
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Marine
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Aviation, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Power Generation
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
- Others (Thermal Heating, etc.)
- Market Share Analysis, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
9. Global Liquid Biofuels Market, By Region, 2019-2031 (US$ BN)
- Introduction
- Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- North America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Feedstock, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Process, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN)
- Countries
- U.S.
- Canada
- Latin America
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Feedstock, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Process, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN)
- Countries
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Feedstock, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Process, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN)
- Countries
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Feedstock, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Process, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN)
- Countries
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Market Share Analysis, By Country, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Country, 2019 - 2031
- Market Size and Forecast, By Type, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Feedstock, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Process, 2019- 2031 (US$ BN)
- Market Size and Forecast, By Application, 2019- 2031 (US$ BN)
- Sub-regions/Countries
- GCC Countries
- Israel
- Rest of Middle East & Africa
10. Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- The Archer-Daniels-Midland Company
- Company Overview
- Type Portfolio
- Recent Developments/Updates
- Valero Energy Corporation
- Green Plains Inc.
- Gevo
- Chevron
- Neste
- TotalEnergies
- Wilmar International Ltd
- Enerkem
- POET
- Fulcrum BioEnergy, Inc.
- Alto Ingredients, Inc.
- Pacific Biodiesel
- Sudzucker AG
- Emami Agrotech Limited
- Chemical Construction International Limited
- Khanda BioFule
- BIOD TECHNOLOGY FZCO
- Lootah Bio Fuels
- Neutral Fuels
11. Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
12. Section
- References
- Research Methodology
- About Us and Sales Contact
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