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.
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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