Biofuels Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR43406

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The biofuels market has the potential to grow by USD 23.21 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.35%.

This biofuels market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (ethanol and biodiesel) and geography (North America, Europe, APAC, South America, and MEA). The biofuels market report also offers information on several market vendors, including ALTEN Group, Archer Daniels Midland Co., Argent Energy UK Ltd., BIOX Corp., Bunge Ltd., Cargill Inc., Louis Dreyfus Co. BV, RB FUELS, Renewable Energy Group Inc., and Wilmar International Ltd. among others.

What will the Biofuels Market Size be in 2021?

Biofuels-Market-Market-Size-2020-2025

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Biofuels Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The increased adoption of renewable sources of energy is notably driving the biofuels market growth, although factors such as fluctuations in oil prices may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the biofuels market get your FREE report sample now.

This biofuels market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Biofuels Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ALTEN Group
  • Archer Daniels Midland Co.
  • Argent Energy UK Ltd.
  • BIOX Corp.
  • Bunge Ltd.
  • Cargill Inc.
  • Louis Dreyfus Co. BV
  • RB FUELS
  • Renewable Energy Group Inc.
  • Wilmar International Ltd.

 

The biofuels market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the biofuels market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Biofuels Market?

Biofuels-Market-Market-Share-by-Region-2020-2025

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25% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for biofuels market in APAC. 

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Rising need for cleaner fuels will facilitate the biofuels market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Biofuels Market?

Biofuels-Market-Market-Share-by-Product-2020-2025

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The biofuels market share growth by the ethanol segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the biofuels market size.

 

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What are the Key Factors Covered in this Biofuels Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biofuels market growth during the next five years
  • Precise estimation of the biofuels market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biofuels market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biofuels market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The biofuels market growth will increase by $19.44 billion during 2019-2024.
The biofuels market is expected to grow at a CAGR of 2.98% during 2019-2024.
Technavio has segmented the biofuels market by product (Ethanol and Biodiesel) and geographic (North America, Europe, APAC, South America, and MEA).
Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., DuPont de Nemours Inc., INEOS Group Holdings SA, Koch Industries Inc., Neste Corp., Renewable Energy Group Inc., Royal Dutch Shell Plc, Wilmar International Ltd. are a few of the key vendors in the biofuels market.
APAC will register the highest growth rate of 25.82% among the other regions. Therefore, the biofuels market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • Brazil
  • China
  • India
  • UK
  • Germany
The key factors driving the biofuels market growth are:
  • Increased adoption of renewable sources of energy
The biofuels market vendors should focus on grabbing business opportunities from the ethanol segment as it accounted for the largest market share in the base year.
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