Top And Emerging Biofuels Market: By Product Type (Bioethanol and Biodiesel), By Form (Solid (Biocoal, Biochar), Fuel Pellets Liquid (Biodiesel and Bioethanol), and Gaseous (Biogas, Biopropane, and Syngas)), and Geography.

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Top And Emerging Biofuels Market size valued at USD 43.2 billion in 2022 and is poised to grow at a significant CAGR of 7.1% from 2023-2029. A biofuel is a fuel that is produced through contemporary biological processes, such as agriculture and anaerobic digestion, rather than a fuel produced by geological processes such as those involved in the formation of fossil fuels, such as coal and petroleum, from prehistoric biological matter. If the source biomatter can regrow quickly, the resulting fuel is said to be a form of renewable energy. Biofuels can be derived directly from plants (i.e. energy crops), or indirectly from agricultural, commercial, domestic, and/or industrial wastes. Renewable biofuels generally involve contemporary carbon fixation, such as those that occur in plants or microalgae through the process of photosynthesis. Other renewable biofuels are made through the use or conversion of biomass (referring to recently living organisms, most often referring to plants or plant-derived materials).

Top And Emerging Biofuels Market Key Developments:

  • In February 2016, Renewable Energy Group Inc. (Biofuel producer in U.S) has signed an agreement with Sanimax Energy, which is a U.S based company for acquiring its 20 million gallon nameplate capacity biodiesel refinery.
  • In March 2016, Canada-based Company, Edmonton, announced its plans to produce a new kind of biodiesel, commercially, which would be capable of replacing diesel completely at a lower cost than existing renewable fuels.

Top And Emerging Biofuels Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.1%

Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
Top And Emerging Biofuels Market Dynamics

The volatility in crude oil prices, lower greenhouse gas emissions from biofuels and extended use of bioethanol mixture are anticipated to boost the market growth. Also, favorable government support through programs, regulations and policies for the development of biofuel also contribute towards the growth of the industry. The major factors attributing towards the top and emerging biofuel market growth are the retrieval of these from biological processes and low-cost production process using any of oil-rich crops such as oil palm, sunflower, and soy. The increasing usage of diesel engines is projected to fuel the market growth owing to the benefits associated with them such as renewable energy source, unlike petroleum based diesel, and less amount of pollution. However, factors such as exhausting fossil fuels, growing global population, and stringent environmental policies are stoking the growth of the market.

Key Features of the Reports

  • The top and emerging biofuels market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startups details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis in addition to recent technology advancements and innovations in the market

Top And Emerging Biofuels Market Segmentation

By Product Type
  • Bioethanol
  • Biodiesel
By Form
  • Solid (Biocoal, Biochar)
  • Fuel Pellets Liquid (Biodiesel and Bioethanol)
  • Gaseous (Biogas, Biopropane, and Syngas)
By Geography
  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Frequently Asked Questions

The top and emerging biofuels market size was valued at USD 43.2 billion in 2022.

The key segments covered in the restless leg’s syndrome market are technology, components, application, and end-users.

The top and emerging biofuels market key players are Aceites Manuelita S.A, Abengoa Bioenergy, Bajaj Hindustan Ltd, Archer Daniels Midland Company, Beckons Industries Ltd, BlueFire Ethanol Fuels Inc, Imperium Renewables Inc, Renewable Energy Group Inc, Bangchak Petroleum Public Company Ltd, Solazyme Inc, Edmonton, Cosan S.A. Industria E Comrcio

1.Executive Summary
2.Global Top And Emerging Biofuels Market Introduction 
2.1.Global Top And Emerging Biofuels Market  - Taxonomy
2.2.Global Top And Emerging Biofuels Market  - Definitions
2.2.1.Product Type
2.2.2.Form
2.2.3.Region
3.Global Top And Emerging Biofuels Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Top And Emerging Biofuels Market Analysis, 2018 - 2022 and Forecast 2023 - 2029
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Top And Emerging Biofuels Market  By Product Type, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
5.1. Bioethanol
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Biodiesel
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Top And Emerging Biofuels Market  By Form, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
6.1. Solid (Biocoal, Biochar)
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Fuel Pellets Liquid (Biodiesel and Bioethanol)
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Gaseous (Biogas, Biopropane, and Syngas)
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Top And Emerging Biofuels Market  By Region, 2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Top And Emerging Biofuels Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
8.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Bioethanol
8.1.2.Biodiesel
8.2.  Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Solid (Biocoal, Biochar)
8.2.2.Fuel Pellets Liquid (Biodiesel and Bioethanol)
8.2.3.Gaseous (Biogas, Biopropane, and Syngas)
8.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Top And Emerging Biofuels Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
9.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Bioethanol
9.1.2.Biodiesel
9.2.  Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Solid (Biocoal, Biochar)
9.2.2.Fuel Pellets Liquid (Biodiesel and Bioethanol)
9.2.3.Gaseous (Biogas, Biopropane, and Syngas)
9.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
10.Asia Pacific (APAC) Top And Emerging Biofuels Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Bioethanol
10.1.2.Biodiesel
10.2.  Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Solid (Biocoal, Biochar)
10.2.2.Fuel Pellets Liquid (Biodiesel and Bioethanol)
10.2.3.Gaseous (Biogas, Biopropane, and Syngas)
10.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Top And Emerging Biofuels Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Bioethanol
11.1.2.Biodiesel
11.2.  Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Solid (Biocoal, Biochar)
11.2.2.Fuel Pellets Liquid (Biodiesel and Bioethanol)
11.2.3.Gaseous (Biogas, Biopropane, and Syngas)
11.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Top And Emerging Biofuels Market ,2018 - 2022 and Forecast 2023 - 2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Bioethanol
12.1.2.Biodiesel
12.2.  Form Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Solid (Biocoal, Biochar)
12.2.2.Fuel Pellets Liquid (Biodiesel and Bioethanol)
12.2.3.Gaseous (Biogas, Biopropane, and Syngas)
12.3.  Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Aceites Manuelita S.A
13.2.2.Abengoa Bioenergy
13.2.3.Bajaj Hindustan Ltd
13.2.4.Archer Daniels Midland Company
13.2.5.Beckons Industries Ltd
13.2.6.BlueFire Ethanol Fuels Inc
13.2.7.Imperium Renewables, Inc
13.2.8.Renewable Energy Group Inc
13.2.9.Bangchak Petroleum Public Company Ltd
13.2.10.Solazyme Inc
13.2.11.Edmonton
13.2.12.Cosan S.A. Industria E Comrcio
14. Research Methodology 
15. Appendix and Abbreviations 
  • Aceites Manuelita S.A
  • Abengoa Bioenergy
  • Bajaj Hindustan Ltd
  • Archer Daniels Midland Company
  • Beckons Industries Ltd
  • BlueFire Ethanol Fuels Inc
  • Imperium Renewables Inc
  • Renewable Energy Group Inc
  • Bangchak Petroleum Public Company Ltd
  • Solazyme Inc
  • Edmonton
  • Cosan S.A. Industria E Comrcio

Adjacent Markets