Analysts’ Viewpoint on Biofuel Market Scenario
Increase in adoption of renewable energy and the implementation of government regulations to reduce carbon emissions are driving the global biofuel market. Rapid industrialization and urbanization have led to surge in the consumption of electricity worldwide. Thus, several governments are investing in clean energy to cater to the rise in demand for electricity and achieve their sustainability goals simultaneously. Surge in the construction of new biofuel projects is expected to augment the market during the forecast period. Companies in the automotive sector are launching ethanol-powered vehicles. Market players are comprehensively investing in R&D activities to identify potential sources of biofuels to enhance their revenue streams.
Biofuel is derived from organic matter such as plants, algae, and animal waste. It plays an important role in reducing carbon dioxide emissions. Biofuels are renewable alternatives to conventional fuels such as gasoline, diesel, and kerosene. They can be used in passenger vehicles, trucks, ships, and airplanes. Currently, ethanol and biodiesel are the two common types of liquid biofuels. Ethanol is produced from corn and cellulosic feedstock such as crop residues and wood. Algae biofuels are an alternative to commonly known biofuel sources, such as corn and sugarcane. Vegetable oils, yellow grease, used cooking oils, or animal fats are used in the production of renewable diesel.
Biofuels can be used to limit greenhouse gas (GHG) and CO2 emissions. Fossil fuels are the main source of global warming. Adoption of biofuels can lead to lower GHG emissions, depending on the source and its circumstances. Thus, liquid biofuels help improve local air quality, reduce bio-waste, and protect ecosystems. Regulatory policies such as the Renewable Fuel Standard, a federal program that requires transportation fuel sold in the U.S. to contain a minimum volume of renewable fuels, encourage the adoption of biofuels. The EU Renewable Energy Directive (RED) stipulates that biofuels should have at least 50% lower emissions than their fossil fuel alternatives for installations in operation before October 2015, and 60% for installations starting after this date, rising to 65% lower for biofuel plants commencing operation after 1 January 2021.
Increase in the R&D of biofuels is expected to augment the global market during the forecast period. In October 2022, a study ‘Efficient process for xylitol production from nitric acid pretreated rice straw derived pentosans by Candida tropicalis GS18’, published in the Biomass and Bioenergy Journal identified a potential Candida tropicalis strain for efficient xylitol production. Xylitol is a natural sugar alcohol. Rye straw can be converted into fuel and xylitol.
Crude oil reserves are mostly concentrated in Middle East & Africa, the Americas, and Asia Pacific. However, reserves in these regions are witnessing high pressure due to rise in demand for fuel worldwide. This could be a basis for future conflicts between oil-producing nations aiming to secure remaining reserves for themselves. Thus, diversification of energy sources is a robust solution for risk abatement in this situation. South America, Russia, and Sub-Saharan Africa are some of the largest producers of biomass. Of these regions, only Russia has major fossil fuel deposits. Crude oil prices are volatile as natural and manmade events can potentially disrupt the supply of oil & gas. These include geopolitical risks, sanctions, crude inventory draws, and speculative positioning by oil producers. Therefore, other regions and countries are significantly investing in renewable energy to reduce their dependency on oil reserves.
In terms of type, the global biofuel market has been segregated into biodiesel, bioethanol, bio-heavy oil, and others. According to recent trends in the biofuel market, the bioethanol segment held major share of 67.3% in 2021. It is estimated to dominate the market during the forecast period. Bioethanol is a renewable fuel produced from various plant materials. It is used as a blending agent with gasoline to increase octane and cut down carbon monoxide and other smog-causing emissions. E10 is the most common blend of ethanol and is approved for use in most conventional gasoline-powered vehicles. Bioethanol is made from plant starches and sugars, particularly corn starch.
Based on feedstock, the global biofuel market has been classified into corn, sugarcane, vegetable oil, palm oil, and others. The vegetable oil segment dominated the global biofuel market and accounted for 28.34% share in 2021. Biodiesel can be produced from vegetable oils such as sunflower, soybean, rapeseed, and castor oil. Biodiesel production from vegetable oils is eco-friendly, as it recycles waste cooking oil and provides renewable energy with lower pollution.
North America accounted for prominent share of 39.1% of the global market in 2021. Implementation of stringent regulations is expected to boost adoption of biofuels in the region in the next few years. Under the Energy Independence and Security Act of 2007 of the U.S., the Renewable Fuel Standard mandates that 36 billion gallons per year (bg/y) of biofuels need to be produced by 2023.
Future of the biofuel market in Asia Pacific and Europe is promising with the rise in production of liquid biofuels in Southeast Asia and increase in launch of ethanol-powered vehicles. These regions held 26.3% and 8.5 % share of the global market, respectively, in 2021. Middle East & Africa and Latin America are relatively minor markets for biofuel compared to other regions.
The global biofuel market comprises several small and large-scale service providers that control majority of the market share. Key players are investing significantly in the R&D of new products to enhance their market share. Expansion of product portfolios and mergers & acquisitions are prominent strategies adopted by market players. Dow, Cargill, Inc., Archer-Daniels-Midland Company, BTG International Ltd., Renewable Energy Group, Inc., Enerkem, Drax Group, EnviTec Biogas AG, Green Plains, AR Energy Group, Abengoa Bioenergy SA, and VERBIO Vereinigte BioEnergie AG are key vendors in the biofuel market.
Key players have been profiled in the biofuel market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.
Attribute |
Detail |
Market Size Value in 2021 |
US$ 131.68 Bn |
Market Forecast Value in 2031 |
US$ 331.81 Bn |
Growth Rate (CAGR) |
11.5% |
Forecast Period |
2022–2031 |
Historical Data Available for |
2020 |
Quantitative Units |
US$ Bn for Value and Tons for Volume |
Market Analysis |
It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
Competition Landscape |
|
Format |
Electronic (PDF) + Excel |
Market Segmentation |
|
Regions Covered |
|
Countries Covered |
|
Companies Profiled |
|
Customization Scope |
Available upon request |
Pricing |
Available upon request |
The biofuel market stood at US$ 131.68 Bn in 2021.
The biofuel market is expected to advance at a CAGR of 11.5% from 2022 to 2031.
Rise in adoption of renewable energy and supply security and risk abatement of conventional oil.
Bioethanol was the largest type segment that held 67.3% share of the market in 2021.
North America was the most lucrative region of the biofuel market in 2021.
Dow, Cargill, Inc., Archer-Daniels-Midland Company, BTG International Ltd., Renewable Energy Group, Inc., Enerkem, Drax Group, EnviTec Biogas AG, Green Plains, AR Energy Group, Abengoa Bioenergy SA, and VERBIO Vereinigte BioEnergie AG.
1. Executive Summary
1.1. Biofuel Market Snapshot
1.2. Key Market Trends
1.3. Current Market and Future Potential
1.4. TMR’s Growth Opportunity Wheel
2. Market Overview
2.1. Market Segmentation
2.2. Market Trends
2.3. Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Opportunities
2.4. Porter’s Five Forces Analysis
2.5. Regulatory Analysis
2.6. Value Chain Analysis
2.6.1. List of Manufacturers
2.6.2. List of Dealers and Distributors
2.6.3. List of Potential Customers
2.7. Production Process
2.8. Cost Structure Analysis
3. COVID-19 Impact Analysis
4. Impact of Current Geopolitical Scenario
5. Production Output Analysis
6. Price Trend Analysis
7. Global Biofuel Market Analysis and Forecast, by Type, 2022-2031
7.1. Introduction and Definitions
7.2. Global Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
7.2.1.1. Biodiesel
7.2.1.2. Bioethanol
7.2.1.3. Bio-heavy Oil
7.2.1.4. Others
7.3. Global Biofuel Market Attractiveness, by Type
8. Global Biofuel Market Analysis and Forecast, by Feedstock, 2022-2031
8.1. Introduction and Definitions
8.2. Global Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
8.2.1. Corn
8.2.2. Sugarcane
8.2.3. Vegetable Oil
8.2.4. Palm Oil
8.2.5. Others
9. Global Biofuel Market Attractiveness, by Feedstock
10. Global Biofuel Market Analysis and Forecast, by End-use, 2022-2031
10.1. Introduction and Definitions
10.2. Global Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
10.2.1. Transport
10.2.2. Heat
10.2.3. Electricity
10.3. Global Biofuel Market Attractiveness, by End-use
11. Global Biofuel Market Analysis and Forecast, by Region, 2022-2031
11.1. Key Findings
11.2. Global Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Region, 2022-2031
11.2.1. North America
11.2.2. Europe
11.2.3. Asia Pacific
11.2.4. Middle East & Africa
11.2.5. Latin America
11.3. Global Biofuel Market Attractiveness, by Region
12. North America Biofuel Market Analysis and Forecast, 2022-2031
12.1. Key Findings
12.2. North America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
12.3. North America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
12.4. North America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
12.5. North America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Country, 2022-2031
12.5.1. U.S. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
12.5.2. U.S. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
12.5.3. U.S. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
12.5.4. Canada Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
12.5.5. Canada Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
12.5.6. Canada Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
12.6. North America Biofuel Market Attractiveness Analysis
13. Europe Biofuel Market Analysis and Forecast, 2022-2031
13.1. Key Findings
13.2. Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.3. Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.4. Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5. Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
13.5.1. Germany Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.2. Germany Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.3. Germany Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.4. France Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.5. France Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.6. France Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.7. U.K. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.8. U.K. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.9. U.K. Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.10. Spain Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.11. Spain Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.12. Spain Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.13. Italy Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.14. Italy Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.15. Italy Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.16. Russia & CIS Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.17. Russia & CIS Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.18. Russia & CIS Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.5.19. Rest of Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
13.5.20. Rest of Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
13.5.21. Rest of Europe Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
13.6. Europe Biofuel Market Attractiveness Analysis
14. Asia Pacific Biofuel Market Analysis and Forecast, 2022-2031
14.1. Key Findings
14.2. Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type
14.3. Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.4. Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.5. Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
14.5.1. China Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
14.5.2. China Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.5.3. China Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.5.4. Japan Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
14.5.5. Japan Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.5.6. Japan Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.5.7. India Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
14.5.8. India Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.5.9. India Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.5.10. ASEAN Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
14.5.11. ASEAN Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.5.12. ASEAN Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.5.13. Rest of Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
14.5.14. Rest of Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
14.5.15. Rest of Asia Pacific Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
14.6. Asia Pacific Biofuel Market Attractiveness Analysis
15. Latin America Biofuel Market Analysis and Forecast, 2022-2031
15.1. Key Findings
15.2. Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
15.3. Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
15.4. Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
15.5. Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
15.5.1. Brazil Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
15.5.2. Brazil Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
15.5.3. Brazil Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
15.5.4. Mexico Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
15.5.5. Mexico Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
15.5.6. Mexico Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
15.5.7. Rest of Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
15.5.8. Rest of Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
15.5.9. Rest of Latin America Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
15.6. Latin America Biofuel Market Attractiveness Analysis
16. Middle East & Africa Biofuel Market Analysis and Forecast, 2022-2031
16.1. Key Findings
16.2. Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
16.3. Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
16.4. Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
16.5. Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Country and Sub-region, 2020-2031
16.5.1. GCC Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
16.5.2. GCC Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
16.5.3. GCC Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
16.5.4. South Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
16.5.5. South Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
16.5.6. South Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
16.5.7. Rest of Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Type, 2022-2031
16.5.8. Rest of Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by Feedstock, 2022-2031
16.5.9. Rest of Middle East & Africa Biofuel Market Volume (Tons) and Value (US$ Bn) Forecast, by End-use, 2022-2031
16.6. Middle East & Africa Biofuel Market Attractiveness Analysis
17. Competition Landscape
17.1. Global Biofuel Company Market Share Analysis, 2020
17.2. Company Profiles (Details – Overview, Financials, Recent Developments, and Strategy)
17.2.1. Dow
17.2.1.1. Company Description
17.2.1.2. Business Overview
17.2.1.3. Financial Overview
17.2.1.4. Strategic Overview
17.2.2. Cargill, Inc.
17.2.2.1. Company Description
17.2.2.2. Business Overview
17.2.2.3. Financial Overview
17.2.2.4. Strategic Overview
17.2.3. Archer-Daniels-Midland Company
17.2.3.1. Company Description
17.2.3.2. Business Overview
17.2.3.3. Financial Overview
17.2.3.4. Strategic Overview
17.2.4. BTG International Ltd.
17.2.4.1. Company Description
17.2.4.2. Business Overview
17.2.4.3. Financial Overview
17.2.4.4. Strategic Overview
17.2.5. Renewable Energy Group, Inc.
17.2.5.1. Company Description
17.2.5.2. Business Overview
17.2.5.3. Financial Overview
17.2.5.4. Strategic Overview
17.2.6. Enerkem
17.2.6.1. Company Description
17.2.6.2. Business Overview
17.2.6.3. Financial Overview
17.2.6.4. Strategic Overview
17.2.7. Drex Group
17.2.7.1. Company Description
17.2.7.2. Business Overview
17.2.7.3. Financial Overview
17.2.7.4. Strategic Overview
17.2.8. EnviTech Biogas AG
17.2.8.1. Company Description
17.2.8.2. Business Overview
17.2.8.3. Financial Overview
17.2.8.4. Strategic Overview
17.2.9. Green Plains
17.2.9.1. Company Description
17.2.9.2. Business Overview
17.2.9.3. Financial Overview
17.2.9.4. Strategic Overview
17.2.10. AR Energy Group
17.2.10.1. Company Description
17.2.10.2. Business Overview
17.2.10.3. Strategic Overview
17.2.11. Abengoa Bioenergy SA
17.2.11.1. Company Description
17.2.11.2. Business Overview
17.2.11.3. Strategic Overview
17.2.12. VERBIO Vereinigte BioEnergie AG
17.2.12.1. Company Description
17.2.12.2. Business Overview
17.2.12.3. Strategic Overview
18. Primary Research: Key Insights
19. Appendix
List of Tables
Table 1: Global Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 2: Global Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 3: Global Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 4: Global Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 5: Global Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 6: Global Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 7: Global Biofuel Market Volume (Tons) Forecast, by Region, 2022-2031
Table 8: Global Biofuel Market Value (US$ Bn) Forecast, by Region, 2022-2031
Table 9: North America Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 10: North America Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 11: North America Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 12: North America Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 13: North America Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 14: North America Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 15: North America Biofuel Market Volume (Tons) Forecast, by Country, 2022-2031
Table 16: North America Biofuel Market Value (US$ Bn) Forecast, by Country, 2022-2031
Table 17: U.S. Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 18: U.S. Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 19: U.S. Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 20: U.S. Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 21: U.S. Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 22: U.S. Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 23: Canada Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 24: Canada Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 25: Canada Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 26: Canada Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 27: Canada Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 28: Canada Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 29: Europe Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 30: Europe Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 31: Europe Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 32: Europe Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 33: Europe Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 34: Europe Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 35: Europe Biofuel Market Volume (Tons) Forecast, by Country and Sub-region, 2022-2031
Table 36: Europe Biofuel Market Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031
Table 37: Germany Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 38: Germany Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 39: Germany Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 40: Germany Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 41: Germany Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 42: Germany Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 43: France Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 44: France Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 45: France Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 46: France Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 47: France Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 48: France Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 49: U.K. Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 50: U.K. Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 51: U.K. Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 52: U.K. Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 53: U.K. Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 54: U.K. Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 55: Italy Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 56: Italy Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 57: Italy Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 58: Italy Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 59: Italy Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 60: Italy Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 61: Spain Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 62: Spain Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 63: Spain Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 64: Spain Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 65: Spain Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 66: Spain Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 67: Russia & CIS Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 68: Russia & CIS Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 69: Russia & CIS Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 70: Russia & CIS Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 71: Russia & CIS Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 72: Russia & CIS Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 73: Rest of Europe Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 74: Rest of Europe Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 75: Rest of Europe Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 76: Rest of Europe Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 77: Rest of Europe Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 78: Rest of Europe Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 79: Asia Pacific Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 80: Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 81: Asia Pacific Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 82: Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 83: Asia Pacific Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 84: Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 85: Asia Pacific Biofuel Market Volume (Tons) Forecast, by Country and Sub-region, 2022-2031
Table 86: Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031
Table 87: China Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 88: China Biofuel Market Value (US$ Bn) Forecast, by Type 2022-2031
Table 89: China Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 90: China Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 91: China Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 92: China Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 93: Japan Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 94: Japan Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 95: Japan Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 96: Japan Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 97: Japan Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 98: Japan Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 99: India Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 100: India Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 101: India Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 102: India Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 103: India Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 104: India Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 105: India Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 106: India Biofuel Market Value (US$ Bn) Forecast, by End-use 2022-2031
Table 107: ASEAN Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 108: ASEAN Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 109: ASEAN Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 110: ASEAN Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 111: ASEAN Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 112: ASEAN Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 113: Rest of Asia Pacific Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 114: Rest of Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 115: Rest of Asia Pacific Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 116: Rest of Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 117: Rest of Asia Pacific Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 118: Rest of Asia Pacific Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 119: Latin America Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 120: Latin America Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 121: Latin America Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 122: Latin America Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 123: Latin America Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 124: Latin America Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 125: Latin America Biofuel Market Volume (Tons) Forecast, by Country and Sub-region, 2022-2031
Table 126: Latin America Biofuel Market Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031
Table 127: Brazil Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 128: Brazil Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 129: Brazil Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 130: Brazil Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 131: Brazil Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 132: Brazil Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 133: Mexico Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 134: Mexico Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 135: Mexico Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 136: Mexico Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 137: Mexico Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 138: Mexico Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 139: Rest of Latin America Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 140: Rest of Latin America Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 141: Rest of Latin America Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 142: Rest of Latin America Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 143: Rest of Latin America Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 144: Rest of Latin America Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 145: Middle East & Africa Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 146: Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 147: Middle East & Africa Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 148: Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 149: Middle East & Africa Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 150: Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 151: Middle East & Africa Biofuel Market Volume (Tons) Forecast, by Country and Sub-region, 2022-2031
Table 152: Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by Country and Sub-region, 2022-2031
Table 153: GCC Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 154: GCC Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 155: GCC Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 156: GCC Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 157: GCC Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 158: GCC Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 159: South Africa Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 160: South Africa Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 161: South Africa Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 162: South Africa Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 163: South Africa Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 164: South Africa Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
Table 165: Rest of Middle East & Africa Biofuel Market Volume (Tons) Forecast, by Type, 2022-2031
Table 166: Rest of Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by Type, 2022-2031
Table 167: Rest of Middle East & Africa Biofuel Market Volume (Tons) Forecast, by Feedstock, 2022-2031
Table 168: Rest of Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by Feedstock, 2022-2031
Table 169: Rest of Middle East & Africa Biofuel Market Volume (Tons) Forecast, by End-use, 2022-2031
Table 170: Rest of Middle East & Africa Biofuel Market Value (US$ Bn) Forecast, by End-use, 2022-2031
List of Figures
Figure 1: Global Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 2: Global Biofuel Market Attractiveness, by Type
Figure 3: Global Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 4: Global Biofuel Market Attractiveness, by Feedstock
Figure 5: Global Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 6: Global Biofuel Market Attractiveness, by End-use
Figure 7: Global Biofuel Market Volume Share Analysis, by Region, 2021, 2025, and 2031
Figure 8: Global Biofuel Market Attractiveness, by Region
Figure 9: North America Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 10: North America Biofuel Market Attractiveness, by Type
Figure 11: North America Biofuel Market Attractiveness, by Type
Figure 12: North America Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 13: North America Biofuel Market Attractiveness, by Feedstock
Figure 14: North America Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 15: North America Biofuel Market Attractiveness, by End-use
Figure 16: North America Biofuel Market Attractiveness, by Country
Figure 17: Europe Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 18: Europe Biofuel Market Attractiveness, by Type
Figure 19: Europe Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 20: Europe Biofuel Market Attractiveness, by Feedstock
Figure 21: Europe Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 22: Europe Biofuel Market Attractiveness, by End-use
Figure 23: Europe Biofuel Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 24: Europe Biofuel Market Attractiveness, by Country and Sub-region
Figure 25: Asia Pacific Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 26: Asia Pacific Biofuel Market Attractiveness, by Type
Figure 27: Asia Pacific Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 28: Asia Pacific Biofuel Market Attractiveness, by Feedstock
Figure 29: Asia Pacific Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 30: Asia Pacific Biofuel Market Attractiveness, by End-use
Figure 31: Asia Pacific Biofuel Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 32: Asia Pacific Biofuel Market Attractiveness, by Country and Sub-region
Figure 33: Latin America Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 34: Latin America Biofuel Market Attractiveness, by Type
Figure 35: Latin America Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 36: Latin America Biofuel Market Attractiveness, by Feedstock
Figure 37: Latin America Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 38: Latin America Biofuel Market Attractiveness, by End-use
Figure 39: Latin America Biofuel Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 40: Latin America Biofuel Market Attractiveness, by Country and Sub-region
Figure 41: Middle East & Africa Biofuel Market Volume Share Analysis, by Type, 2021, 2025, and 2031
Figure 42: Middle East & Africa Biofuel Market Attractiveness, by Type
Figure 43: Middle East & Africa Biofuel Market Volume Share Analysis, by Feedstock, 2021, 2025, and 2031
Figure 44: Middle East & Africa Biofuel Market Attractiveness, by Feedstock
Figure 45: Middle East & Africa Biofuel Market Volume Share Analysis, by End-use, 2021, 2025, and 2031
Figure 46: Middle East & Africa Biofuel Market Attractiveness, by End-use
Figure 47: Middle East & Africa Biofuel Market Volume Share Analysis, by Country and Sub-region, 2021, 2025, and 2031
Figure 48: Middle East & Africa Biofuel Market Attractiveness, by Country and Sub-region