Advanced biofuels, also known as second generation biofuels are the renewable fuels which are used as alternatives for gasoline and diesels with very low emission of the greenhouse gases. Advanced biofuels can be manufactured by using various types of biomass like, lignocellulose, non-corn starch & sugar. Advanced biofuels mostly uses the lignocellulose biomass for the production of biofuels.
The increasing global consumption of energy is demanding for more renewable and sustainable sources of energy. Advanced biofuels being environment friendly will be adopted by people across the globe. It can be used in automotive as well as aviation fuel in the near future as a sustainable alternative to traditional fuels. There are very few numbers of advanced biofuel manufacturers and it is expected there would be more manufacturers over the forecast period. Huge investments are being made by companies in R&D to develop technologies to convert biomass into advanced biofuels. The global advanced biofuels market is foreseen to register a promising two digit CAGR over the period of forecast.
The fossil fuels are declining and to balance the consumption of energy some alternative sources has to be there hence, advanced biofuels. The global advanced biofuels market is driven by the environment factor as advanced biofuels releases less concentration of greenhouse gases. The advanced biofuels being a sustainable and clean source of fuel these characteristics are expected to increase the market potential of global advanced biofuels market. The ease in the availability of raw materials, and the raw materials used being non-food and wastes will be a driver for the global advanced biofuels market. The governmental incentives supporting the development of technologies for producing advanced biofuels will also drive the market for advance biofuels globally. Since there are only few number of fully commercialized manufacturers of different types of advanced biofuels it provides opportunities for other new entrants in the global advanced biofuels market to enter in the market. The declining price of crude oil might pose as a restraint to the growth of advanced biofuels market still the environmental advantage of advanced biofuels over traditional fuel is expected to counter the restraint.
In 2019, the market size of Advanced Biofuels is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Advanced Biofuels.
This report studies the global market size of Advanced Biofuels, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Advanced Biofuels production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
A2BE Carbon Capture
Algenol Biofuels
Sundrop Fuels
LanzaTech
Green Biologics
Bankchak Petroleum
...
Market Segment by Product Type
Cellulosic Biofuels
Biodiesels
Biogas
Biobutanol
Others
Market Segment by Application
Automotive
Aviation
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Advanced Biofuels status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Advanced Biofuels manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Advanced Biofuels are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Advanced Biofuels. Industry analysis & Market Report on Advanced Biofuels is a syndicated market report, published as Global (United States, European Union and China) Advanced Biofuels Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Advanced Biofuels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.