Precedence Research a new report on advanced biofuels Market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future. The global advanced biofuels market size was valued at US$ 45.06 billion in 2021. The global advanced biofuels market is projected to reach US$ 847.54 billion by 2030, registering a compound annual growth rate (CAGR) of 38.5% during the forecast period from 2022 to 2030.
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Table of Contents
Advanced Biofuels Market Growth Factors:
Advanced biofuels are inexpensive and help increase the energy mix and reduce the petroleum industry’s reliance. These variables lead to fostering greater acceptance by various governments and institutions. One of the most significant reasons for moving to advanced biofuels is that they are made from locally available feedstock that can be easily generated in any environment that supports them.
Not only do they reduce dependency on energy sources dependent on petroleum, but they also benefit the agricultural sector by providing a way to make their waste financially beneficial. Alternative fuels are gaining more interest because of uncertainties in global fuel markets, energy security, and the gradual rise in reducing carbon emission levels.
Advanced biofuels are renewable sources of energy that dramatically reduce carbon emissions and provide commercial opportunities, leading to increased interest in their production. Increased R&D activities are gradually paving the way for the commercialization of advanced biofuels on a wide scale.
Advanced Biofuels Market Report Scope
Report Highlights | Details |
Market Size | US$ 847.54 Billion by 2030 |
Growth Rate | CAGR of 38.5% From 2021 to 2030 |
Base Year | 2021 |
Historic Data | 2017 to 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Process, Advanced Biofuel Type, Raw Material |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
The global advanced biofuels market report offers various segments analysis by size, trends, growth factors, opportunities and key country outlook to 2027. The report offers a detailed analysis and information as per advanced biofuels, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.
The company profiling of leading market players is included this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
advanced biofuels Market Report Highlights
- Among the advanced biofuels type segment, biodiesels segment is dominated the overall market. The growth is attributed to growing use of biofuels as the engine fuel in the leading countries worldwide.
- Among the raw material, algae segment was expected to register maximum share during the forecast period of time 2021 to 2030, owing to its quality of possessing more oil content and it can be grown using ocean or wastewater.
- Fujian Zhongde Energy Co., Ltd. accounted for a significant share of the global advanced biofuels market.
Read Also@ Boric Acid Market Size to Hit Around US$ 1,169.89 million by 2030
Some of the prominent players in the advanced biofuels market include:
- GranBio
- Inbicon A/S
- Clariant
- A2BE Carbon Capture, LLC.
- Fujian Zhongde Energy Co., Ltd
- Bangchak Petroleum Plc.
- Algenol Biotech
- Abengoa Bioenergy
- DowDuPont Inc.
- Chemtex company
Advanced Biofuels market Segmentation
By Process
- Biochemical Process
- Thermochemical Process
By Advanced Biofuel Type
- Cellulosic Advanced Biofuels
- Biodiesels
- Biogas
- Biobutanol
- Others
By Raw Material
- Lignocellulose
- Jatropha
- Camelina
- Algae
- Others
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Key Questions are
- What are the key factors influencing the advanced biofuels market in each region?
- How much value will the global market generate by the end of the forecast period?
- What will be the CAGR of the global market between 2021 and 2030?
- What would be the Y-o-Y growth trend of the global market between 2021 and 2030?
- What is the future scope and current trends in technologies of the global market?
- What is the revenue of the global market based on segments?
- Which key strategies are used by top players of the global market?
- Which are the leading companies in the global market?
- What are the essential strategies by key stakeholders in the market to expand their geographic presence?
- What are the major advancements witnessed in the global market?
Research Objectives and Research Approach
The comprehensive report on the global advanced biofuels market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global advanced biofuels market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global advanced biofuels market in terms of type, application, region and others. Key segments under each criteria are studied at length, and the market share for each of these at the end of 2027 has also been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global market.
Why should you invest in this report?
If you are aiming to enter the global advanced biofuels market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for advanced biofuels are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Advanced Biofuels Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
Chapter 5. COVID 19 Impact on Advanced Biofuels Market
5.1. Covid-19: Advanced Biofuels Industry Impact
5.2. Advanced Biofuels Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Advanced Biofuels Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Advanced Biofuels Market Players to deal with Covid-19 Pandemic Scenario
Chapter 6. Advanced Biofuels Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Limited availability of fossil fuel-based resources
6.1.1.2. Growing awareness regarding curbing carbon emissions
6.1.1.3. Favorable government policies in leading countries
6.1.2. Market Restraints
6.1.2.1. High production cost of advanced biofuels
6.1.3. Market Opportunities
6.1.3.1. Algae biofuels is attracting investments for innovative algae-biofuel processing techniques
Chapter 7. Global Advanced Biofuels Market: Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Advanced Biofuels Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Advanced Biofuels Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users
Chapter 8. Global Advanced Biofuels Market, By Process
8.1. Advanced Biofuels Market, by Process, 2017-2030
8.1.1. Biochemical Process
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Thermochemical Process
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Advanced Biofuels Market, By Advanced Biofuel Type
9.1. Advanced Biofuels Market, by Advanced Biofuel Type, 2017-2030
9.1.1. Cellulosic Advanced Biofuels
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Biodiesels
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Biogas
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Biobutanol
9.1.4.1. Market Revenue and Forecast (2017-2030)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Advanced Biofuels Market, By Raw Material
10.1. Advanced Biofuels Market, by Raw Material, 2017-2030
10.1.1. Lignocellulose
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Jatropha
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Camelina
10.1.3.1. Market Revenue and Forecast (2017-2030)
10.1.4. Algae
10.1.4.1. Market Revenue and Forecast (2017-2030)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Advanced Biofuels Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue Forecast by Process(2017-2030)
11.1.2. Market Revenue Forecast by Advanced Biofuel Type (2017-2030)
11.1.3. Market Revenue Forecast by Raw Material (2017-2030)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2017-2030)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2017-2030)
11.2. Europe
11.2.1. Market Revenue Forecast by Process (2017-2030)
11.2.2. Market Revenue Forecast by Advanced Biofuel Type (2017-2030)
11.2.3. Market Revenue Forecast by Raw Material (2017-2030)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2017-2030)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2017-2030)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2017-2030)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2017-2030)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Process (2017-2030)
11.3.2. Market Revenue Forecast by Advanced Biofuel Type (2017-2030)
11.3.3. Market Revenue Forecast by Raw Material (2017-2030)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2017-2030)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2017-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2017-2030)
11.4. LATAM
11.4.1. Market Revenue Forecast by Process (2017-2030)
11.4.2. Market Revenue Forecast by Advanced Biofuel Type (2017-2030)
11.4.3. Market Revenue Forecast by Raw Material (2017-2030)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2017-2030)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2017-2030)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Process (2017-2030)
11.5.2. Market Revenue Forecast by Advanced Biofuel Type (2017-2030)
11.5.3. Market Revenue Forecast by Raw Material (2017-2030)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2017-2030)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2017-2030)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2017-2030)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2017-2030)
Chapter 12. Company Profiles
12.1. GranBio
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Advanced Biofuel Type
12.1.3. Revenue, Price, and Gross Margin (2017-2020)
12.1.4. Recent Developments and Strategies
12.2. Inbicon A/S
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Advanced Biofuel Type
12.2.3. Revenue, Price, and Gross Margin (2017-2020)
12.2.4. Recent Developments and Strategies
12.3. Clariant
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Advanced Biofuel Type
12.3.3. Revenue, Price, and Gross Margin (2017-2020)
12.3.4. Recent Developments and Strategies
12.4. A2BE Carbon Capture, LLC.
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Advanced Biofuel Type
12.4.3. Revenue, Price, and Gross Margin (2017-2020)
12.4.4. Recent Developments and Strategies
12.5. Fujian Zhongde Energy Co., Ltd
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Advanced Biofuel Type
12.5.3. Revenue, Price, and Gross Margin (2017-2020)
12.5.4. Recent Developments and Strategies
12.6. Bangchak Petroleum Plc.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Advanced Biofuel Type
12.6.3. Revenue, Price, and Gross Margin (2017-2020)
12.7. Recent Developments and Strategies
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Advanced Biofuel Type
12.7.3. Revenue, Price, and Gross Margin (2017-2020)
12.7.4. Recent Developments and Strategies
12.8. Algenol Biotech
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Advanced Biofuel Type
12.8.3. Revenue, Price, and Gross Margin (2017-2020)
12.8.4. Recent Developments and Strategies
12.9. Abengoa Bioenergy
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Advanced Biofuel Type
12.9.3. Revenue, Price, and Gross Margin (2017-2020)
12.9.4. Recent Developments and Strategies
12.10. DowDuPont Inc.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Advanced Biofuel Type
12.10.3. Revenue, Price, and Gross Margin (2017-2020)
12.10.4. Recent Developments and Strategies
12.11. Chemtex company
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Advanced Biofuel Type
12.11.3. Revenue, Price, and Gross Margin (2017-2020)
12.11.4. Recent Developments and Strategies
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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