This Biofuels market research report is a proven and consistent source of information which gives telescopic view of the existing market trends, emerging products, situations and opportunities that drive your business towards the success. Market segmentation studies conducted in this report with respect to product type, applications, and geography are valuable in taking any verdict about the products. Gaining valuable market insights with the new skills, latest tools and innovative programs is sure to help your business achieve business goals. Biofuels market report also provides company profiles and contact information of the key market players in the key manufacturer’s section.
The Biofuels report serves the clients to tackle every strategic aspect including product development, product specification, exploring niche growth opportunities, application modelling, and new geographical markets. This report estimates the existing state of the market, market size and market share, revenue generated from the product sale, and necessary changes required in the future products. This Biofuels market research report serves the purpose of businesses of making enhanced decisions, deal with marketing of goods or services, and achieve better profitability by prioritizing market goals. Analysis of major challenges faced currently by the business and the possible future challenges that the business may have to face while operating in this market are also taken into account.
Prominent Players ofGlobal Biofuels Market are Few of the major competitors currently working in biofuels market are Biofuels Digest, Neste Netherlands B.V., Infinita Renovables SA, Cargill, Marseglia Group, Glencore, Louis Dreyfus Holding B.V., Renewable Energy Group, Inc., RB FUELS, Ag Processing, Inc., Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru Alimentos S.A., ENF Ltd., Hebei Jingu, Hebei Jingu, Shandong Jinjiang, Valero Marketing and Supply Company, Green Plains Inc., Flint Hills Resources, Abengoa Bioenergy, Pacific Ethanol, Inc., CropEnergies AG, Raízen, The Andersons, Inc., BTG International Ltd.
Global Biofuels Market is expected to rise to an estimated value of USD 263.30 billion by 2026 registering a CAGR of 4.75% in the forecast period of 2019-2026. The growing demand of vegetable oil is influencing the biofuels market to grow.
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Biofuels are produced to replace gasoline, diesel fuel and coal, which are “non-renewable energy sources” since they are produced by animals and plants that died a large number of years earlier. Biofuels are made from plants that have recently been reaped. Biofuel is also used as a first-generation fuel. It is also used in preventing vitamin A deficiency, cancer, brain disease, aging; and treating malaria, high blood pressure, high cholesterol, and cyanide poisoning.
Key Developments in the Market:
In June 2017: My Eco Energy (MEE) plans to sell biodiesel, marketed under the brand name of Indizel, in canisters (5, 10 & 20 liters) through retail supply model in cities across India. The biofuel, manufactured the company, is made from recycled and waste vegetable oils & fats, and is capable of outperforming petroleum diesel in performance, emissions, mileage, price, and value.
In November 2017, Abengoa has been awarded the contract for the engineering, design, construction, and commissioning of municipal solid waste (MSW)-to-biofuels plant for Fulcrum BioEnergy. The plant, located in the State of Nevada, is expected to produce 10 million gallons of biofuels per year, to be used in the aviation sector.
Key Segmentation of Global Biofuels Market
By Type (Biodiesel, Bioethanol, Propanol, Butanol)
By Feedstock Corn, Sugarcane,and Vegetable Oils)
By Form (Solid, Fuel Pellets Liquid, Gaseous)
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Table of Content: Global Biofuels Market
Chapter 1 Methodology & Scope
1.1 Methodology
Initial data exploration
Statistical model and forecast
Industry insights and validation
Definition and forecast parameters
1.2 Data Sources
Secondary
Primary
Chapter 2 Executive Summary
2.1 Biofuels industry 360 degree synopsis, By 2026
Regional trends
Solution trends
Chapter 3 Biofuels Industry Insights
Industry segmentation
Industry landscape, By 2026
Industry ecosystem analysis
Industry participant analysis
Major pain points
Industry impact forces
Growth driver’s
Technological advancements
Emerging trend across
Industry pitfalls and challenges
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Market Drivers:
Low price of biofuels than other vegetable oils is expected to boost the market growth
Improving economic conditions, rising living standards and changing eating habits are also contributing in the growth of the market.
Due to low carbon emissions, growing automobile industry are also helping market to grow.
Market Restraints:
High investments for installing biofuels and biogas plants
Due to urbanization, lack of spaces in surroundings for biofuel plants to get settled
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