Liquid Biofuels Market Size, Share, and Analysis, By Product Type (Ethanol and Biodiesel), By Feedstock (Sugar Crops, Starch Crops, Vegetable Oil, Animal Fats, and Others), By Process (Fermentation, Transesterification, and Others), By Application (Transportation, Power Generation, Heat, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Liquid Biofuels Market Size, Share, and Analysis, By Product Type (Ethanol and Biodiesel), By Feedstock (Sugar Crops, Starch Crops, Vegetable Oil, Animal Fats, and Others), By Process (Fermentation, Transesterification, and Others), By Application (Transportation, Power Generation, Heat, and Others), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Liquid Biofuels Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 100 billion and is projected t%li%reach USD 220.4 billion by the completion of 2034.
Liquid biofuels are sustainable energy sources derived from organic materials such as plant and animal waste. They are either derived from crops such as corn or sugarcane t%li%produce bioethanol, or from vegetable or animal fats t%li%produce biodiesel. These fuels underg%li%different procedures like fermentation or distillation for bioethanol and transesterification for the production of biodiesel, as an alternative t%li%traditional fossil fuels like gasoline and diesel. Furthermore, liquid biofuels benefit the environment by reducing greenhouse gas emissions and minimizing dependance on nonrenewable resources. However, there are concerns about the impact of these fuels on food supplies and potential conflicts with agricultural needs. Therefore, the market is experiencing ongoing research focusing on increased production efficiency and developing sustainable practices t%li%minimize their drawbacks t%li%boost the adoption of liquid biofuels.
MARKET HIGHLIGHTS
Liquid Biofuels Market is projected t%li%achieve USD 220.4 billion during the forecast period, owing t%li%rising environmental awareness and the global demand for renewable energy sources. The demand for bioethanol, which is obtained from crops like corn, sugarcane, or wheat, has increased on a worldwide scale. Similarly, there has been a notable increase in the use of biodiesel, which is extracted from vegetable and animal fats. Moreover, government initiatives supporting renewable energy, such as incentives and policies t%li%encourage biofuel use, have pushed the growth of the market. Furthermore, efforts t%li%reduce greenhouse gas emissions and dependability on fossil fuels have als%li%contributed t%li%the growth. Therefore, there has been a significant emphasis in research and development on advanced biofuels t%li%improve production efficiency and address concerns about food source competition and land use. However, the market has experienced significant growth due t%li%technological advancements, favourable government policies, and evolving consumer demands toward sustainable energy sources.
Liquid Biofuels Market Segments:
Growth Drivers
Environmental Issues and Regulatory Support Will Drive Market Expansion
Research and Technological Development Will Create Growth Opportunities
Restraint
Environmental Impact of Land Use Change Could Hamper Market Expansion
Key Players
PRODUCT OVERVIEW
Liquid Biofuels Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 100 billion and is projected t%li%reach USD 220.4 billion by the completion of 2034.
Liquid biofuels are sustainable energy sources derived from organic materials such as plant and animal waste. They are either derived from crops such as corn or sugarcane t%li%produce bioethanol, or from vegetable or animal fats t%li%produce biodiesel. These fuels underg%li%different procedures like fermentation or distillation for bioethanol and transesterification for the production of biodiesel, as an alternative t%li%traditional fossil fuels like gasoline and diesel. Furthermore, liquid biofuels benefit the environment by reducing greenhouse gas emissions and minimizing dependance on nonrenewable resources. However, there are concerns about the impact of these fuels on food supplies and potential conflicts with agricultural needs. Therefore, the market is experiencing ongoing research focusing on increased production efficiency and developing sustainable practices t%li%minimize their drawbacks t%li%boost the adoption of liquid biofuels.
MARKET HIGHLIGHTS
Liquid Biofuels Market is projected t%li%achieve USD 220.4 billion during the forecast period, owing t%li%rising environmental awareness and the global demand for renewable energy sources. The demand for bioethanol, which is obtained from crops like corn, sugarcane, or wheat, has increased on a worldwide scale. Similarly, there has been a notable increase in the use of biodiesel, which is extracted from vegetable and animal fats. Moreover, government initiatives supporting renewable energy, such as incentives and policies t%li%encourage biofuel use, have pushed the growth of the market. Furthermore, efforts t%li%reduce greenhouse gas emissions and dependability on fossil fuels have als%li%contributed t%li%the growth. Therefore, there has been a significant emphasis in research and development on advanced biofuels t%li%improve production efficiency and address concerns about food source competition and land use. However, the market has experienced significant growth due t%li%technological advancements, favourable government policies, and evolving consumer demands toward sustainable energy sources.
Liquid Biofuels Market Segments:
- By Product Type
- Ethanol
- Biodiesel
- By Feedstock
- Sugar Crops
- Starch Crops
- Vegetable Oil
- Animal Fats
- Others
- By Process
- Fermentation
- Transesterification
- Others
- By Application
- Transportation
- Power Generation
- Heat
- Others
Growth Drivers
Environmental Issues and Regulatory Support Will Drive Market Expansion
Research and Technological Development Will Create Growth Opportunities
Restraint
Environmental Impact of Land Use Change Could Hamper Market Expansion
Key Players
- Archer Daniels Midland Company
- POET LLC
- Green Plains Inc.
- Renewable Energy Group
- Wilmar International Limited
- Neste Corporation
- Louis Dreyfus Company
- Raнzen
- Pacific Ethanol
- Abengoa Bioenergy
- Bunge Limited
- Tereos
- Cargill
- Delta BioRenewables
- Cosan S.A.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- 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. Liquid Biofuels 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.Liquid Biofuels Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.LIQUID BIOFUELS 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.LIQUID BIOFUELS MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Product Type
11.3.1.1. Ethanol
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Biodiesel
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Feedstock
11.3.2.1.Sugar Crops
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Starch Crops
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Vegetable Oil
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Animal Fats
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Others
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Process
11.3.3.1.Fermentation
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Transesterification
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.By Application
11.3.4.1.Transportation
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Power Generation
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Heat
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Others
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Product Type
12.3.2. By Feedstock
12.3.3. By Process
12.3.4. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Product Type
13.3.2. By Feedstock
13.3.3. By Process
13.3.4. By Application
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-PACIFIC LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Product Type
14.3.2. By Feedstock
14.3.3. By Process
14.3.4. By Application
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 LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Product Type
15.3.2. By Feedstock
15.3.3. By Process
15.3.4. By Application
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 LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Product Type
16.3.2. By Feedstock
16.3.3. By Process
16.3.4. By Application
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, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Archer Daniels Midland Company
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. POET LLC
18.3. Green Plains Inc.
18.4. Renewable Energy Group
18.5. Wilmar International Limited
18.6. Neste Corporation
18.7. Louis Dreyfus Company
18.8. Raнzen
18.9. Pacific Ethanol
18.10.Abengoa Bioenergy
18.11.Bunge Limited
18.12. Tereos
18.13. Cargill
18.14.Delta BioRenewables
18.15. Cosan S.A.
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2.Business Trends
1.3. Liquid Biofuels 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.Liquid Biofuels Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data
4.LIQUID BIOFUELS 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.LIQUID BIOFUELS MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11. LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
11.3.1.By Product Type
11.3.1.1. Ethanol
11.3.1.1.1.By Value (USD Million) 2024-2034F
11.3.1.1.2. Market Share (%) 2024-2034F
11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Biodiesel
11.3.1.2.1. By Value (USD Million) 2024-2034F
11.3.1.2.2.Market Share (%) 2024-2034F
11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2. By Feedstock
11.3.2.1.Sugar Crops
11.3.2.1.1. By Value (USD Million) 2024-2034F
11.3.2.1.2.Market Share (%) 2024-2034F
11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Starch Crops
11.3.2.2.1.By Value (USD Million) 2024-2034F
11.3.2.2.2. Market Share (%) 2024-2034F
11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Vegetable Oil
11.3.2.3.1.By Value (USD Million) 2024-2034F
11.3.2.3.2. Market Share (%) 2024-2034F
11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.4. Animal Fats
11.3.2.4.1.By Value (USD Million) 2024-2034F
11.3.2.4.2. Market Share (%) 2024-2034F
11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.5. Others
11.3.2.5.1.By Value (USD Million) 2024-2034F
11.3.2.5.2. Market Share (%) 2024-2034F
11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
11.3.3.By Process
11.3.3.1.Fermentation
11.3.3.1.1. By Value (USD Million) 2024-2034F
11.3.3.1.2.Market Share (%) 2024-2034F
11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.3.2. Transesterification
11.3.3.2.1.By Value (USD Million) 2024-2034F
11.3.3.2.2. Market Share (%) 2024-2034F
11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.By Application
11.3.4.1.Transportation
11.3.4.1.1. By Value (USD Million) 2024-2034F
11.3.4.1.2.Market Share (%) 2024-2034F
11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.4.2. Power Generation
11.3.4.2.1.By Value (USD Million) 2024-2034F
11.3.4.2.2. Market Share (%) 2024-2034F
11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.3. Heat
11.3.4.3.1.By Value (USD Million) 2024-2034F
11.3.4.3.2. Market Share (%) 2024-2034F
11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.4.4.Others
11.3.4.4.1.By Value (USD Million) 2024-2034F
11.3.4.4.2. Market Share (%) 2024-2034F
11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F
12.NORTH AMERICA LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1.By Product Type
12.3.2. By Feedstock
12.3.3. By Process
12.3.4. By Application
12.4. Country
12.4.1. United States
12.4.2. Canada
13.EUROPE LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1.By Product Type
13.3.2. By Feedstock
13.3.3. By Process
13.3.4. By Application
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-PACIFIC LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
14.3.1.By Product Type
14.3.2. By Feedstock
14.3.3. By Process
14.3.4. By Application
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 LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1.By Product Type
15.3.2. By Feedstock
15.3.3. By Process
15.3.4. By Application
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 LIQUID BIOFUELS MARKET SIZE & FORECAST 2024A-2034F
16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1.By Product Type
16.3.2. By Feedstock
16.3.3. By Process
16.3.4. By Application
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, 2023
17.2. Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1. Archer Daniels Midland Company
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. POET LLC
18.3. Green Plains Inc.
18.4. Renewable Energy Group
18.5. Wilmar International Limited
18.6. Neste Corporation
18.7. Louis Dreyfus Company
18.8. Raнzen
18.9. Pacific Ethanol
18.10.Abengoa Bioenergy
18.11.Bunge Limited
18.12. Tereos
18.13. Cargill
18.14.Delta BioRenewables
18.15. Cosan S.A.
18.16. Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
