November 12, 2024

US Biofuels Market Size, Trends, Share, Report by 2033

The US biofuels market size was estimated to be around US$ 45.3 billion in 2023 and is projected to reach US$ 86.52 billion by 2033, indicating a CAGR of 6.81% from 2024 to 2033.

Biofuels Market Size in US 2024 to 2033

Key Points

  • By fuel type, the ethanol segment dominated the market in 2023.
  • By fuel type, the biodiesel segment is growing at a faster rate during the forecast period.
  • By feedstock, the coarse grain segment dominated the U.S. biofuels market in 2023.
  • By feedstock, the vegetable oil segment is expected to witness expansion during the forecast period.

The market research report on the US biofuels market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of US biofuels products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.

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US Biofuels Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 6.81%
U.S. Market Size in 2023 USD 45.3 Billion
U.S. Market Size by 2033 USD 86.52 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Fuel Type and By Feedstock

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The report presents the volume and value-based market size for the base year 2023 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.

Focusing on the global US biofuels market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the US biofuels market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.

Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of US biofuels products across different countries and applications.

Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.

The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.

This in-depth research report offers valuable insights into the US biofuels market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.

The competitive landscape section of the report provides detailed information on xx market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the US biofuels market.

Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report

Reasons to Purchase this Report:

  • Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
  • In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
  • Market size in USD million and volume in million units provided for each segment and sub-segment.
  • Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
  • Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.

US Biofuels Market Players

  • Cargill
  • DowDuPont, Inc.
  • Archer Daniels Midland Company
  • Butamax Advanced Biofuels LLC
  • LanzaJet, Inc

Segments Covered in the Report

By Fuel Type

  • Biodiesel
  • Ethanol

By Feedstock

  • Coarse Grain
  • Non-Agri Feedstock
  • Biomass
  • Vegetable Oil
  • Sugar Crop
  • Jatropha
  • Others

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Biofuels Market 

5.1. COVID-19 Landscape: US Biofuels Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. US Biofuels Market, By Fuel Type

8.1. US Biofuels Market Revenue and Volume, by Fuel Type, 2024-2033

8.1.1 Biodiesel

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Ethanol

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. US Biofuels Market, By Feedstock

9.1. US Biofuels Market Revenue and Volume, by Feedstock, 2024-2033

9.1.1. Coarse Grain

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. Non-Agri Feedstock

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. Biomass

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

9.1.4. Vegetable Oil

9.1.4.1. Market Revenue and Volume Forecast (2021-2033)

9.1.5. Sugar Crop

9.1.5.1. Market Revenue and Volume Forecast (2021-2033)

9.1.6. Jatropha

9.1.6.1. Market Revenue and Volume Forecast (2021-2033)

9.1.7. Others

9.1.7.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. US Biofuels Market and Trend Forecast

10.1. U.S.

10.1.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)

10.1.2. Market Revenue and Volume Forecast, by Feedstock (2021-2033)

Chapter 11. Company Profiles

11.1. Cargill

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. DowDuPont, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Archer Daniels Midland Company

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Butamax Advanced Biofuels LLC

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. LanzaJet, Inc

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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