Biofuel Additives Market: By Application (Transportation fuel, Municipal electricity production, On-site electricity production and Others); By Product Type (Antioxidants, Detergents, Lubricity Improvers, Corrosion Inhibitors, Octane, Cetane & Cold Flow Improvers, Dyes & Markers, And Others); , And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts To 2031
Biofuel Additives Market: By Application (Transportation fuel, Municipal electricity production, On-site electricity production and Others); By Product Type (Antioxidants, Detergents, Lubricity Improvers, Corrosion Inhibitors, Octane, Cetane & Cold Flow Improvers, Dyes & Markers, And Others); And Region – Global Analysis of Market Size, Share & Trends For 2019–2020 And Forecasts T%li%2031
PRODUCT OVERVIEW
Biofuel Additives t%li%surpass USD 32.1 billion by 2031 from USD 12 billion in 2021 at a CAGR of 14.3% in the coming years, i.e., 2021-31.
Biofuel is a natural gas, liquid or solid source such as fuel-fueled plants. It comes as plants or animal waste from renewable biological sources; in particular, liquid fuel for car engines made of corn or soya oil. Biofuels could obtain from field products, forest products, farm, fishing products or municipal waste, including by-products and waste from agricultural production, food industry and food services. Biofuel additives are special compounds that improve engine performance, reduce brake specific fuel consumption (BSFC), and enhance biofuel characteristics. They are made from either conventional or lignocellulosic feedstock, and they play a key role in meeting international fuel standards. Because of their high oxygen concentration, biofuel additives such as methanol, diethyl ether, ethanol, and n-butanol are commonly utilised as biodiesel additives. Biodiesel mixes with biofuel additives increase combustion stability and characteristics. Antioxidant compounds are responsible for the decrease of NOX emissions.
MARKET HIGHLIGHTS
Global Biofuel Additives t%li%surpass USD 32.1 billion by 2031 from USD 12 billion in 2021 at a CAGR of 14.3% in the coming years, i.e., 2021-31. Increasing awareness of the tenuous effect of greenhouse gas (GHG) emissions int%li%the environment should help in the growing installation of plants producing biomass worldwide. Biofuel additives production aids in eliminating the problem of dumpsites and landfills which are expected t%li%have an optimistic impact on Biofuels additives demand. The sector incorporates significant opportunities for future growth as the market is expected t%li%transpire as a replacement for traditional fuels, including diesel and petrol. In addition t%li%a renewable energy source, the amount of carbon in the biofuel additives is less. It emits fewer greenhouse gases which are expected t%li%boost demand for Biofuels as a replacement for fossil fuels.
Biofuel Additives Market Segments:
Growth Drivers
Cheaper Substitute t%li%Conventional Sources
Demand for clean and green fuel
Restraint
Huge Installation Costs
Key Players
Global Laboratory Temperature Control Units Market is further segmented by region into:
PRODUCT OVERVIEW
Biofuel Additives t%li%surpass USD 32.1 billion by 2031 from USD 12 billion in 2021 at a CAGR of 14.3% in the coming years, i.e., 2021-31.
Biofuel is a natural gas, liquid or solid source such as fuel-fueled plants. It comes as plants or animal waste from renewable biological sources; in particular, liquid fuel for car engines made of corn or soya oil. Biofuels could obtain from field products, forest products, farm, fishing products or municipal waste, including by-products and waste from agricultural production, food industry and food services. Biofuel additives are special compounds that improve engine performance, reduce brake specific fuel consumption (BSFC), and enhance biofuel characteristics. They are made from either conventional or lignocellulosic feedstock, and they play a key role in meeting international fuel standards. Because of their high oxygen concentration, biofuel additives such as methanol, diethyl ether, ethanol, and n-butanol are commonly utilised as biodiesel additives. Biodiesel mixes with biofuel additives increase combustion stability and characteristics. Antioxidant compounds are responsible for the decrease of NOX emissions.
MARKET HIGHLIGHTS
Global Biofuel Additives t%li%surpass USD 32.1 billion by 2031 from USD 12 billion in 2021 at a CAGR of 14.3% in the coming years, i.e., 2021-31. Increasing awareness of the tenuous effect of greenhouse gas (GHG) emissions int%li%the environment should help in the growing installation of plants producing biomass worldwide. Biofuel additives production aids in eliminating the problem of dumpsites and landfills which are expected t%li%have an optimistic impact on Biofuels additives demand. The sector incorporates significant opportunities for future growth as the market is expected t%li%transpire as a replacement for traditional fuels, including diesel and petrol. In addition t%li%a renewable energy source, the amount of carbon in the biofuel additives is less. It emits fewer greenhouse gases which are expected t%li%boost demand for Biofuels as a replacement for fossil fuels.
Biofuel Additives Market Segments:
- By Application
- Transportation fuel
- Municipal electricity production
- On-site electricity production
- Others
- By Product type
- Antioxidants
- Detergents
- Lubricity improvers
- Corrosion inhibitors
- Octane
- Cetane & cold flow improvers
- Dyes & markers
- Others
Growth Drivers
Cheaper Substitute t%li%Conventional Sources
Demand for clean and green fuel
Restraint
Huge Installation Costs
Key Players
- BASF SE
- Ebara Corp.
- WELTEC Biopower
- ADI Systems
- Kruger USA
- Republic Services
- CH4 Biofuels LLC
- Scandinavian Biofuels Fuels International AB
- Pressure Technologies Plc
- Cryostar SAS
- Other Prominent Players
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1 EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Biofuel Additives Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Biofuel Additives Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL BIOFUEL ADDITIVES MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL BIOFUEL ADDITIVES MARKET
10.1. Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Application
11.3.1.1. Transportation Fuel
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Municipal Electricity Production
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. On-Site Electricity Production
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Others
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Product
11.3.2.1. Antioxidants
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Detergents
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.3. Lubricity Improvers
11.3.2.3.1. By Value (USD Million) 2021-2031F
11.3.2.3.2. Market Share (%) 2021-2031F
11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.4. Corrosion Inhibitors
11.3.2.4.1. By Value (USD Million) 2021-2031F
11.3.2.4.2. Market Share (%) 2021-2031F
11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.5. Octane
11.3.2.5.1. By Value (USD Million) 2021-2031F
11.3.2.5.2. Market Share (%) 2021-2031F
11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.6. Cetane & Cold Flow Improvers
11.3.2.6.1. By Value (USD Million) 2021-2031F
11.3.2.6.2. Market Share (%) 2021-2031F
11.3.2.6.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.7. Dyes & Markers
11.3.2.7.1. By Value (USD Million) 2021-2031F
11.3.2.7.2. Market Share (%) 2021-2031F
11.3.2.7.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.8. Others
11.3.2.8.1. By Value (USD Million) 2021-2031F
11.3.2.8.2. Market Share (%) 2021-2031F
11.3.2.8.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Application
12.3.2. By Product
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Application
13.3.2. By Product
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Application
14.3.2. By Product
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Application
15.3.2. By Product
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Application
16.3.2. By Product
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. BASF SE
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Ebara Corp.
18.3. WELTEC Biopower
18.4. ADI Systems
18.5. Kruger USA
18.6. Republic Services
18.7. CH4 Biofuels LLC
18.8. Scandinavian Biofuels Fuels International AB
18.9. Pressure Technologies Plc
18.10. Cryostar SAS
18.11. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Biofuel Additives Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Biofuel Additives Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL BIOFUEL ADDITIVES MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL BIOFUEL ADDITIVES MARKET
10.1. Overview
10.2. Historical Analysis (2016-2021)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Application
11.3.1.1. Transportation Fuel
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Municipal Electricity Production
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.3. On-Site Electricity Production
11.3.1.3.1. By Value (USD Million) 2021-2031F
11.3.1.3.2. Market Share (%) 2021-2031F
11.3.1.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.4. Others
11.3.1.4.1. By Value (USD Million) 2021-2031F
11.3.1.4.2. Market Share (%) 2021-2031F
11.3.1.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Product
11.3.2.1. Antioxidants
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Detergents
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.3. Lubricity Improvers
11.3.2.3.1. By Value (USD Million) 2021-2031F
11.3.2.3.2. Market Share (%) 2021-2031F
11.3.2.3.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.4. Corrosion Inhibitors
11.3.2.4.1. By Value (USD Million) 2021-2031F
11.3.2.4.2. Market Share (%) 2021-2031F
11.3.2.4.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.5. Octane
11.3.2.5.1. By Value (USD Million) 2021-2031F
11.3.2.5.2. Market Share (%) 2021-2031F
11.3.2.5.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.6. Cetane & Cold Flow Improvers
11.3.2.6.1. By Value (USD Million) 2021-2031F
11.3.2.6.2. Market Share (%) 2021-2031F
11.3.2.6.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.7. Dyes & Markers
11.3.2.7.1. By Value (USD Million) 2021-2031F
11.3.2.7.2. Market Share (%) 2021-2031F
11.3.2.7.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.8. Others
11.3.2.8.1. By Value (USD Million) 2021-2031F
11.3.2.8.2. Market Share (%) 2021-2031F
11.3.2.8.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Application
12.3.2. By Product
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Application
13.3.2. By Product
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Application
14.3.2. By Product
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Application
15.3.2. By Product
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA BIOFUEL ADDITIVES MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Application
16.3.2. By Product
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. BASF SE
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Ebara Corp.
18.3. WELTEC Biopower
18.4. ADI Systems
18.5. Kruger USA
18.6. Republic Services
18.7. CH4 Biofuels LLC
18.8. Scandinavian Biofuels Fuels International AB
18.9. Pressure Technologies Plc
18.10. Cryostar SAS
18.11. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
