市場調查報告書
商品編碼
1438185
2030 年液體生質燃料市場預測:按產品、原料、製程、應用和地區進行的全球分析Liquid Biofuels Market Forecasts to 2030 - Global Analysis By Product (Bioethanol, Biodiesel and Other Products), Feedstock, Process, Application and By Geography |
根據Stratistics MRC預測,2023年全球液體生質燃料市場規模將達到1,518億美元,預計2030年將達到3,073億美元,預測期內複合年成長率為10.6%。
液體生質燃料是透過發酵和酯交換等過程從植物和藻類等有機物中獲得的可再生燃料。這些生質燃料,包括生質柴油和乙醇,可用作交通運輸中傳統石化燃料的替代品。與石化燃料不同,液體生質燃料在燃燒時排放二氧化碳,但排放的碳是自然碳循環的一部分,使它們有可能成為更永續的替代燃料。
運輸燃料需求增加
隨著人們對環境問題的認知不斷增強,人們開始轉向使用可再生資源的生質燃料。推動清潔能源解決方案的監管努力和消費者對環保替代燃料的偏好推動了需求的成長。隨著世界努力減少碳排放,液體生質燃料正在成為可行且易於使用的選擇,以滿足對運輸燃料日益成長的需求。由於對永續能源來源的日益關注,市場對運輸燃料的需求正在迅速增加。
基礎設施挑戰
生產設施不足阻礙了擴充性,有限的分銷網路阻礙了普及。為傳統燃料設計的現有基礎設施可能與生質燃料不相容,並且需要大量投資進行維修。由於生質燃料通常具有與傳統燃料不同的特性,因此儲存和運輸物流帶來了額外的障礙。該市場面臨基礎設施挑戰,包括有限的分銷網路、不足的倉儲設施以及對專業運輸基礎設施的需求。
政府政策和獎勵
政府政策和獎勵在市場成長中發揮關鍵作用。許多國家實施了支持措施,促進生質燃料的生產和使用,以減少溫室氣體排放,並加強能源安全。常見的激勵措施包括稅額扣抵、補貼以及生質燃料和傳統燃料的強制混合。此外,研究經費和法律規範將有助於市場擴張並促進向永續和可再生液體生質燃料的過渡。
原料可用性和成本
生質能和農業殘留物等原料影響生質燃料生產的經濟可行性。作物產量、土地利用和農產品競爭需求等因素在決定原料的供應方面發揮著重要作用。此外,原料價格的波動會影響液體生質燃料的總成本並影響市場競爭力。原料供應和成本是市場成長的主要限制因素。
COVID-19大流行對液體生質燃料市場產生了重大影響,導致供應鏈中斷、運輸燃料需求減少以及生質燃料計劃投資延遲。封鎖和旅行限制減少了燃料消費量,影響了乙醇和生物柴油的生產。但這場危機也凸顯了永續能源來源的重要性,在人們對環境永續性擔憂的情況下,激發了生質燃料在疫情後復甦中的潛力。
生質乙醇領域預計將在預測期內成為最大的領域
生質乙醇領域預計將在預測期內成為最大的領域。生質乙醇源自玉米、甘蔗和纖維素生質能等可再生資源,可減少溫室氣體排放並促進環境永續性。生質乙醇被廣泛用作運輸燃料,其受歡迎程度歸因於其與現有基礎設施的兼容性。隨著世界尋求更清潔的能源解決方案,生質乙醇在液體生質燃料市場的佔有率不斷成長,有助於創造更綠色、更具彈性的能源格局。
預計酯交換業在預測期內複合年成長率最高
預計酯交換產業在預測期內的複合年成長率最高。這種化學過程將通常源自植物油或動物脂肪的三酸甘油酯轉化為酯和甘油。透過提高液體生質燃料的生產效率、促進可再生資源的使用以及減少對傳統石化燃料的依賴,我們為更永續和環保的能源環境做出貢獻。
由於其豐富的原料和用於生質燃料生產的耕地,預計北美在預測期內將佔據最大的市場佔有率。政府促進生質燃料使用的措施和提高人們對環境問題的認知是推動市場擴張的主要因素。該地區減少碳排放的努力進一步促進了液體生質燃料的採用,並將其定位為全球向可再生能源解決方案過渡的關鍵參與者。
由於人們對環境問題的日益關注和對永續能源來源的關注,預計亞太地區在預測期內將保持最高的複合年成長率。各國政府正在實施支持性政策和獎勵,以鼓勵生質燃料的生產和消費。技術的進步和產業內的協作也有助於市場的擴張。隨著對傳統燃料的清潔替代品的需求不斷增加,液體生質燃料正在成為該地區能源格局的重要組成部分,具有減少碳排放和促進更永續的未來的潛力。他被定位為強力的參與者。
According to Stratistics MRC, the Global Liquid Biofuels Market is accounted for $151.8 billion in 2023 and is expected to reach $307.3 billion by 2030 growing at a CAGR of 10.6% during the forecast period. Liquid biofuels are renewable fuels derived from organic materials, such as plants and algae, undergoing processes like fermentation or transesterification. These biofuels, including biodiesel and ethanol, can be used as substitutes for conventional fossil fuels in transportation. Unlike fossil fuels, liquid biofuels release carbon dioxide during combustion, but the carbon emitted is part of the natural carbon cycle, making them a potentially more sustainable alternative.
According to a study completed by Purdue University, on an average the yearly price of ethanol dropped down to to$0.82/ gallon in March 2020 from $1.32/ gallon in December 2019 owing to rapid drop in demand for transport services.
Increasing demand for transportation fuels
With heightened awareness of environmental concerns, there's a significant shift towards biofuels derived from renewable resources. This increased demand is driven by both regulatory initiatives promoting cleaner energy solutions and consumer preferences for eco-friendly alternatives. As the world strives to reduce carbon emissions, liquid biofuels are gaining prominence as a viable and accessible option to meet the rising need for transportation fuels. The market is experiencing a surge in demand for transportation fuels due to the growing emphasis on sustainable energy sources.
Infrastructure challenges
Insufficient production facilities hinder scalability, while limited distribution networks impede widespread adoption. The existing infrastructure designed for conventional fuels may not be compatible with biofuels, requiring substantial investments for retrofitting. Storage and transportation logistics present further hurdles, as biofuels often have different properties than traditional fuels. The market faces infrastructure challenges such as limited distribution networks, inadequate storage facilities, and the need for specialized transportation infrastructure.
Government policies and incentives
Government policies and incentives play a crucial role in the growth of the market. Many countries are implementing supportive measures to promote the production and use of biofuels, aiming to reduce greenhouse gas emissions and enhance energy security. Common incentives include tax credits, subsidies, and mandates for blending biofuels with conventional fuels. Additionally, research funding and regulatory frameworks contribute to market expansion, fostering a transition towards sustainable and renewable liquid biofuels.
Feedstock availability and cost
Feedstocks, such as biomass and agricultural residues, influence the economic feasibility of biofuel production. Factors like crop yields, land use, and competing demands for agricultural products play a crucial role in determining feedstock availability. Additionally, fluctuations in feedstock prices can impact the overall cost of liquid biofuels, affecting market competitiveness. The availability and cost of feedstocks are the factors significantly hampering the growth of the market.
The COVID-19 pandemic has significantly impacted the liquid biofuels market, leading to disruptions in supply chains, reduced demand for transportation fuels, and delayed investments in biofuel projects. Lockdowns and travel restrictions resulted in a decline in fuel consumption, affecting ethanol and biodiesel production. However, the crisis has also underscored the importance of sustainable energy sources, fostering potential for biofuels in a post-pandemic recovery as the focus on environmental sustainability grows.
The bioethanol segment is expected to be the largest during the forecast period
The bioethanol segment is expected to be the largest during the forecast period. Derived from renewable resources such as corn, sugarcane, or cellulosic biomass, bioethanol reduces greenhouse gas emissions and promotes environmental sustainability. Widely used as a transportation fuel, its popularity stems from its compatibility with existing infrastructure. As the world seeks cleaner energy solutions, its prominence in the liquid biofuels market continues to grow, contributing to a more eco-friendly and resilient energy landscape.
The transesterification segment is expected to have the highest CAGR during the forecast period
The transesterification segment is expected to have the highest CAGR during the forecast period. This chemical process involves converting triglycerides, typically derived from plant oils or animal fats, into esters and glycerol. It enhances the efficiency of liquid biofuel production, promoting the use of renewable resources and reducing dependence on conventional fossil fuels, contributing to a more sustainable and environmentally friendly energy landscape.
North America is projected to hold the largest market share during the forecast period owing to the abundance of feedstock and arable area for biofuel production. Government initiatives promoting biofuel usage, along with rising environmental concerns, are key factors propelling market expansion. The region's commitment to reducing carbon emissions further boosts the adoption of liquid biofuels, positioning as a significant player in the global transition towards renewable energy solutions.
Asia Pacific is projected to hold the highest CAGR over the forecast period due to increasing environmental concerns and a focus on sustainable energy sources. Governments are implementing supportive policies and incentives, fostering the production and consumption of biofuels. Technological advancements and collaborations within the industry further contribute to market expansion. The rising demand for cleaner alternatives to traditional fuels positions liquid biofuels as a crucial player in the region's energy landscape, with the potential to reduce carbon emissions and promote a more sustainable future.
Key players in the market
Some of the key players in Liquid Biofuels market include Petrobras, Abengoa Bioenergia, Bunge North America Inc., Archer Daniels Midland Company, Gevo, Green Plains, Wilmar International, Algenol, Pacific Ethanol Inc., Valero Energy Corp., Cargill, Neste Corporation, Renewable Energy Group Inc., BlueFire Renewables and Aceites Manuelita S.A.
In May 2022, Fulcrum BioEnergy Inc. announced that the Sierra Biofuels plant, the world's first facility to convert landfill waste into renewable transportation fuels, has successfully completed its commissioning and operations phase.
In January 2022, Renewable Energy Group, Inc. (REG) announced that it had acquired the remaining 50% ownership stake in Petrotec AG, a leading supplier of renewable diesel to the Swiss market. The acquisition was aimed at expanding REG's presence in the European market and increasing its production capacity for renewable fuels.