Market Overview:
The global advanced biofuels market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced biofuels from the automotive and aviation industries, and rising awareness about the benefits of advanced biofuels over traditional fuels. The global advanced biofuels market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into cellulosic biofuels, biodiesels, biogas, biobutanol, and others. Cellulosic biofuel is expected to be one of fastest-growing segments in this market due to its high potential for replacing traditional fuels in transportation applications. Biodiesel was earlier considered as a major contributor to this market but its popularity has been declining due to stringent environmental regulations governing their production and use. However, with technological advancements being made in this field; biodiesel is likely regain its lost ground in near future. Biogas generated from organic waste materials such as food scraps or agricultural residues accounts for majority share in terms of volume but it has low energy density as compared with other types of Advanced Biofuel products such as ethanol or biodiesel which limits its widespread adoption across various applications However ,the growing concerns about climate change are likely propel biogas uptake significantly over next few years .
Product Definition:
Advanced biofuels are fuels that are derived from biomass and have been processed to improve their properties. These fuels can be used in place of or blended with traditional petroleum-based fuels.
Cellulosic Biofuels:
Cellulosic biofuels are fuels that are produced from biomass, mostly agricultural waste. Cellulosic conversion process is the most cost-effective and efficient method to produce biofuel. It has been used as a major source of energy in many countries globally for the past few decades. The primary reason it has been preferred over other methods is its low cost compared to other advanced technologies such as algae oil or sugarcane/ethanol feedstock (for gasoline).
Biodiesels:
Biodiesel is a bio-based diesel fuel that can be used as an alternative to fossil fuel. It is produced from animal fats, vegetable oils or recycled waste materials. Biodiesel provides cleaner combustion and reduces harmful emissions into the atmosphere than traditional diesel. The U.S.
Application Insights:
The automotive segment accounted for the largest share of more than 50.0% in 2017 and is projected to witness significant growth over the forecast period owing to rising demand for fuel efficient vehicles, which are manufactured using renewable sources such as wood and waste products like bagasse from sugarcane.
Growing concerns regarding global warming due to increase in greenhouse gas emissions coupled with increasing need for reducing dependency on petroleum-based fuels has driven the adoption of advanced biofuels in aviation fuel applications. The European Commission has set a target of 7% biodiesel and 5% biogasoline blend in Aviation Fuel Specification (AFS) by 2020 that will help meet growing aviation fuel requirements across all modes of transport including airliners, military aircraft, business jets etc. globally thereby driving its demand over the forecast period.
Regional Analysis:
North America was the largest market for advanced biofuels in 2016, owing to the presence of a large number of companies involved in R&D and production. The region accounted for 35% of global share that year. The U.S., being one of the most developed nations, has been witnessing an increase in demand over past few years owing to growing focus on fuel efficiency and reduction in carbon footprint associated with these fuels.
Asia Pacific is expected to be one of the fastest-growing markets over next eight years as countries like China, India and South Korea are focusing on development through public investment schemes along with domestic support policies such as tax benefits & incentives (TBEs). Countries including Brazil, Indonesia have also shown interest due to government support towards reducing carbon emissions from vehicles coupled with rising awareness about environment protection initiatives taken by respective governments.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global market for fuel-efficient vehicles is expected to grow at a CAGR of more than 9% from 2016 to 2021. This will create a high demand for advanced biofuels that offer better fuel efficiency and reduced emissions.
- Stringent environmental regulations: Governments across the world are implementing stringent environmental regulations in order to reduce greenhouse gas emissions and improve air quality. This is creating a need for advanced biofuels that can help meet these regulatory requirements.
- Rising crude oil prices: The price of crude oil has been on the rise since mid-2014, reaching over per barrel in early 2018. This is increasing the cost of traditional fuels such as gasoline and diesel, making advanced biofuels more competitive in terms of price point.
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Biofuels Market Research Report
By Type
Cellulosic Biofuels, Biodiesels, Biogas, Biobutanol, Others
By Application
Automotive , Aviation, Others
By Companies
A2BE Carbon Capture, Algenol Biofuels, Sundrop Fuels, LanzaTech, Green Biologics, Bankchak Petroleum, ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Biofuels Market Report Segments:
The global Advanced Biofuels market is segmented on the basis of:
Types
Cellulosic Biofuels, Biodiesels, Biogas, Biobutanol, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive , Aviation, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A2BE Carbon Capture
- Algenol Biofuels
- Sundrop Fuels
- LanzaTech
- Green Biologics
- Bankchak Petroleum
- ...
Highlights of The Advanced Biofuels Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cellulosic Biofuels
- Biodiesels
- Biogas
- Biobutanol
- Others
- By Application:
- AutomotiveÂ
- Aviation
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced Biofuels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced biofuels are fuels made from biological sources, such as plant-based oils or gas. They can be used in place of traditional fossil fuels, reducing emissions and contributing to cleaner air.
Some of the major players in the advanced biofuels market are A2BE Carbon Capture, Algenol Biofuels, Sundrop Fuels, LanzaTech, Green Biologics, Bankchak Petroleum.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Advanced Biofuels Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Advanced Biofuels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Advanced Biofuels Market - Supply Chain
4.5. Global Advanced Biofuels Market Forecast
4.5.1. Advanced Biofuels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Advanced Biofuels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Advanced Biofuels Market Absolute $ Opportunity
5. Global Advanced Biofuels Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Advanced Biofuels Market Size and Volume Forecast by Type
5.3.1. Cellulosic Biofuels
5.3.2. Biodiesels
5.3.3. Biogas
5.3.4. Biobutanol
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Advanced Biofuels Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Advanced Biofuels Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aviation
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Advanced Biofuels Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Advanced Biofuels Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Advanced Biofuels Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Advanced Biofuels Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Advanced Biofuels Demand Share Forecast, 2019-2029
9. North America Advanced Biofuels Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Advanced Biofuels Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Advanced Biofuels Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aviation
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Advanced Biofuels Market Size and Volume Forecast by Type
9.7.1. Cellulosic Biofuels
9.7.2. Biodiesels
9.7.3. Biogas
9.7.4. Biobutanol
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Advanced Biofuels Demand Share Forecast, 2019-2029
10. Latin America Advanced Biofuels Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Advanced Biofuels Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Advanced Biofuels Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aviation
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Advanced Biofuels Market Size and Volume Forecast by Type
10.7.1. Cellulosic Biofuels
10.7.2. Biodiesels
10.7.3. Biogas
10.7.4. Biobutanol
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Advanced Biofuels Demand Share Forecast, 2019-2029
11. Europe Advanced Biofuels Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Advanced Biofuels Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Advanced Biofuels Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aviation
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Advanced Biofuels Market Size and Volume Forecast by Type
11.7.1. Cellulosic Biofuels
11.7.2. Biodiesels
11.7.3. Biogas
11.7.4. Biobutanol
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y GrowthProjections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Advanced Biofuels Demand Share, 2019-2029
12. Asia Pacific Advanced Biofuels Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Advanced Biofuels Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Advanced Biofuels Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aviation
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Advanced Biofuels Market Size and Volume Forecast by Type
12.7.1. Cellulosic Biofuels
12.7.2. Biodiesels
12.7.3. Biogas
12.7.4. Biobutanol
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Advanced Biofuels Demand Share, 2019-2029
13. Middle East & Africa Advanced Biofuels Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Advanced Biofuels Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Advanced Biofuels Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aviation
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Advanced Biofuels Market Size and Volume Forecast by Type
13.7.1. Cellulosic Biofuels
13.7.2. Biodiesels
13.7.3. Biogas
13.7.4. Biobutanol
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Advanced Biofuels Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Advanced Biofuels Market: Market Share Analysis
14.2. Advanced Biofuels Distributors and Customers
14.3. Advanced Biofuels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. A2BE Carbon Capture
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Algenol Biofuels
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sundrop Fuels
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. LanzaTech
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Green Biologics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bankchak Petroleum
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ...
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook