Biofuels are non-fossil fuels. They are energy carriers that store the energy derived from organic materials (biomass), including plant materials and animal waste. First-generation biofuels are currently produced from food crops such as sugar cane and rapeseed. They include bioethanol (made from sugars and starch) and biodiesel (made from vegetable oil). Second-generation biofuels are under development and will be derived from non-food plant matter such as crop residues and agricultural or municipal wastes. They include bioethanol made from cellulosic materials such as straw or wood.
The two most widely used types of biofuels are bioethanol and biodiesel, so this report only focuses on bioethanol and biodiesel.
The market of biodiesel is quite separated. In 2015, the market share of the five largest companies accounted for 20.42% of global market, which are REG, Diester Industries, Neste Oil Rotterdam, ADM and Louis Dreyfus. The global production of biodiesel reached 27768 K MT in 2015. EU is the biggest production base and consumption area of biodiesel, followed by USA, South America and China. Though enjoying a high share in fuel market, in many European countries, the biodiesel industry are threatened by overcapacity. In China, the market of biodiesel fuel is also in a tough situation, since governmental supports from local authorities are very limited.
USA is the biggest producer and consumer of bioethanol, the production accounted for 57.65% of global production in 2015, followed by South America, accounted for 27.62%. The leader player of bioethanol are Poet, ADM, Valero, Green Plains and Flint Hills Resource. Poet is the leader of bioethanol of the world, accounted for 5.00% of the total amount.
The raw materials of biofuels are mainly corn and vegetable oils. The biofuels market offers immense opportunities countries such as U.K., India, and China, as these regions have high petroleum prices and a large number of diesel and gasoline fueled vehicles. Generally, the price of petroleum fluctuates with the price of raw material. However, the impact of petroleum on biofuels is the major factor. Since 2015, the sharp decrease of petroleum price also triggered the trending down of biofuels price, which made small scale manufacturers hard to survive.
According to this study, over the next five years the Biofuels market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biofuels business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Biofuels market by product type, application, key manufacturers and key regions and countries.
This study considers the Biofuels value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Bioethanol
Biodiesel
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial Fuels
Transportation Fuels
Chemical Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Diester Industries
Neste Oil Rotterdam
ADM
Infinita Renovables
Biopetrol
Cargill
Ital Green Oil
Glencore
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum Corporation
Evergreen Bio Fuels
Minnesota Soybean Processors
Caramuru
Jinergy
Hebei Jingu Group
Longyan Zhuoyue
Shandong Jinjiang
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Biofuels consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Biofuels market by identifying its various subsegments.
Focuses on the key global Biofuels manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biofuels with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Biofuels submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Biofuels . Industry analysis & Market Report on Biofuels is a syndicated market report, published as Global Biofuels Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Biofuels market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.