According to a new market research report launched by Inkwood Research, the Global Biofuels & Biodiesel Market to rise with a CAGR of 5.25% between 2021 and 2028 and is projected to rise around $40878 million by 2028.
Browse 17 market data Tables and 49 Figures spread over 165 Pages, along with in-depth analysis on Global Biofuels & Biodiesel Market byType, Feedstock, Application,& by Geography.
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Biofuels & Biodiesel Market Scenario
Biofuels are renewable transportation fuels derived from biomass materials such as plant, algae, or animal waste. Such fuels include biomass-based diesel and ethanol, which are usually blended with petroleum fuels or used independently.
The global biofuels and biodiesel market is seeing momentum due to two primary reasons: cost-effectiveness and environmentally friendly alternative to petroleum and other fossil fuels. In addition, the rising petroleum prices and the rising concerns over the contributions of fossil fuels in global warming are also creating traction in the market.
The increased availability of feedstock has also assured opportunistic production growth in the global market. But, on the contrary, stringent rules and differing regulations laid by governments of various regions may challenge the production functioning of the active companies. To name a few, the European Union (EU) formulated the RED (Renewable Energy Directive), the United States included the Renewable Fuel Standard, India formulated the National Policy on Biofuels, and Australia formed the Biofuels Association of Australia.
The Global Biofuels & Biodiesel Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Biofuels & Biodiesel Market by Type, Feedstock, Application& by Geography: https://inkwoodresearch.com/reports/biofuels-and-biodiesel-market/#request-free-sample
Market by Type
- Gaseous Biofuels
- Liquid Biofuels
- Solid Biofuels
Market by Feedstock
- Ligno Celluloses
- Oil and Fats
- Sugar and Starches
- Other Feedstock
Market by Application
- Electricity Generation
– The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
– Market forecasts till 2028, using estimated market values as the base numbers
– Key market trends across the business segments, regions, and countries
– Key developments and strategies observed in the market
– Market dynamics such as drivers, restraints, opportunities, and other trends
– In-depth company profiles of key players and upcoming prominent players
– Growth prospects among the emerging nations through 2028
- BLUEFIRE RENEWABLES
- RENEWABLE ENERGY GROUP INC
- ROYAL DUTCH SHELL PLC
- CLARIANT AG
- EI DU PONT DE NEMOURS AND COMPANY
- NESTE OYJ
- ARCHER DANIELS MIDLAND COMPANY
- POET LLC
- ZEACHEM INC
- NOVOZYMES A/S
- WILMAR INTERNATIONAL LTD
- BP PLC
- ABENGOA BIOENERGIA SA
- VERBIO AG
- AIR LIQUIDE SA
- PACIFIC ETHANOL INC
- CARGILL INCORPORATED
- FIBERIGHT LLC
- ALGENOL BIOFUELS
GLOBAL RENEWABLE METHANOL MARKET – Global renewable methanol market is growing at a CAGR of 3.16% in terms of revenue and 2.08% in terms of volume from 2021 to 2028.
GLOBAL INDUSTRIAL ALCOHOLS MARKET – The global industrial alcohols market is growing at a CAGR of 8.23% in terms of revenue and 9.88% in terms of volume from 2022 to 2028.
GLOBAL METHANOL MARKET – Global methanol market is anticipated to grow at a CAGR of 5.66% between 2019 and 2027.