Global Biofuels Market

  • Product Code:
    RP-ID-10064535
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    223
  • Category:
    Energy & Power
  • Publisher:
    Pub-ID-19

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Description

With rising environmental concerns and a need to find a replacement to fossil fuels has given the global biofuels market a considerable boost. While biofuels are renewable and ecologically less harmful, their performance stands on a comparable measure to standard conventional counterparts. Moreover, ever fluctuating market prices of standard petroleum (crude as well as by-products) have further necessitated a need for a much more stable alternative. In lieu of such concerns, governments of many prominent and emerging economies have given the go to investing more in R&D towards biofuel production.
Values at US$ XX in 2017 and growing at a CAGR of XX%, the global biofuels market is expected to be valued at US$ XX by 2022.
Technology
First generation biofuels haven't gained quite much acceptance in the global market, primarily owing to their process of production. First gen biofuels are synthesised by the biomass method, making use of oils, sugars, starch and typical food crops, directly competing with resources laid aside for food production.
Owing to such growing controversies, manufacturers have started shifting focus towards the production of second-gen biofuels. The biomass method also aids these, however, only the left-over wastes from food cultivation are made use of (wheat straw, maize stalks, etc).
Market Dynamics
The continually fluctuating prices of fossil fuels have been a concern to the market since long. While producers of the raw product enjoy full control over the market, potential processing companies and clients always face the bitter bite. Arguably, this is the primary reason for the sudden growth of the global biofuels market in the last two-three decades. Not only do they provide with a price steady alternative, but their performance is not too distinguishable from standard fossil fuel counterparts. Moreover, targeted research has also made it possible to blend biofuels with conventional petrol and diesel, establishing new opportunities and avenues. Primary among them is the rising production of FFVs (flexible fuel vehicles), which make use of these blends to power themselves.
While price fluctuates might be a reason, ecological concern over rising emission rates has also aided the market. Thanks to the increasing social responsibility to transition towards renewable counterparts, general acceptance for biofuels came rather unchallenged. In many cases, governments themselves have provided funds and resources to aid research and production. However, first-gen biofuels haven't received much acclaim or acceptance owing to their direct competition with food.
Market Segmentation
The market is segmented based on fuel type as well as feedstock type. Under fuel type, the market is segmented into ethanol and biodiesel. Of these, ethanol has proven to be the more accepted option, primarily owing to its higher compatibility in already working models.
Under the feedstock branch, the market is segmented into ethanol feedstock and biodiesel feedstock. While first gen feedstocks have been shunned by most, second gen ethanol counterparts have been gaining quite the popularity in recent times. An obvious reason to this lies in the very nature of second gen's production process. While it provides with a means to effectively dispose of/reuse wastes, there is no direct competition with food either. Also, biodiesel produced from rapeseed stock is of particular interest to many. Since biodiesels synthesised from rapeseed have in general a lower freezing point, they provide very effective renewable alternatives in many colder regions.
Regional Analysis
At present, the US and the EU are the largest consumers in the global market, the US being the larger of the two. While these two may lead the current charts, Asia is poised to make a stance somewhere in between, experiencing the fastest growth in the sector. Also of notable interest is Latin America, which like Asia, ranks in abundant resources that aid towards biofuel generation.
Key players
Key players in the market include INEOS, Neste, ADM and Renewable Energy Group. Other prominent players are Gushan, Henan Tianguan, Shell, Petrobras and Jilin.
Report ContentsRegional AnalysisReport Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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