Global Biofuels Market to Witness Impressive Growth, Revenue to Surge to USD 251.3 Billion By 2028

01-Jun-2021 | Zion Market Research

The global Biofuels Market accounted for USD 172.2 Billion in 2020 and is expected to reach USD 251.3 Billion by 2028, growing at a CAGR of around 4.3% between 2021 and 2028.              

The biofuels market report covers forecast and analysis for the market on a global and regional level. The study provides historic data of 2016 to 2019 along with a forecast from 2021 to 2028 based on revenue (USD billion). The report includes drivers and restraints for the biofuels market with the impact they have on the demand within the forecast period. Furthermore, the study includes the study of new opportunities offered in the biofuels market on a global level.       

In order to give the users of this report a comprehensive view on the biofuels market, we have included a detailed segmentation of palm oil. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model and value chain for the biofuels market has also been included in the study. The report covers a market attractiveness analysis for biofuels segments. Product segments and form segments are benchmarked based on their market size, growth rate and general attractiveness in the market.

 The biofuels report provides a profound view on the market by segmenting the market based on type bioethanol and biodiesel. Solid, liquid, and gaseous biofuel are the form segment of the biofuels market. All the type and form segments have been analyzed based on current and future trends. The biofuels market is estimated from 2016 to 2028. The regional segmentation includes the present and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. This market segmentation incorporates demand for biofuels based on individual forms in all the regions and countries.

Asia Pacific dominated the overall demand of biofuels market in 2020 and it added up for a noteworthy share in the global market. Manufacturing in the area elevated considerably in recent times due to rise in the yield of biofuels, rise in the cumulative land region of biofuels plantation, and high spending in R&D related activities.

Key players in Biofuels market are Copersucar S.A DSM, Green Plains Inc., Aemetis Inc, Western Dubuque Biodiesel Llc, Solazyme Inc, Renewable Energy Group, Raizen Energia Participacoes S.A, BlueFire Renewables, Aventine Renewable Energy Holdings, Inc. (AVRW), and Australian Renewable Fuels Ltd. among others.

Browse the full Biofuels Market By Type (Bioethanol and Biodiesel) By Form (Solid and Liquid): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028 .” Report at

The global Biofuels Market is segmented as follows:

By Types

  • Bioethanol
  • Biodiesel

By Form                                        

  • Solid
  • Liquid
  • Gaseous

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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