Market Overview:
The global bio-oil market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for biofuels and rising awareness about environmental benefits offered by biofuels. Bioethanol is projected to be the fastest-growing type of biofuel during the forecast period, followed by biodiesel. The industrial fuels segment is expected to account for a major share of the global bio-oil market in terms of volume, while transportation fuels are projected to account for a major share in terms of value. Asia Pacific is estimated to be the fastest-growing region in terms of volume during the forecast period, while North America is estimated to lead in terms of value.
Product Definition:
Bio-Oil is a skin care product that is used to improve the appearance of scars, stretch marks, and uneven skin tone. It is made up of a blend of plant oils and vitamins that are said to help improve the appearance of skin. Bio-Oil is important because it can help improve the appearance of scars, stretch marks, and uneven skin tone.
Bioethanol:
Bioethanol is a type of alcohol that can be derived from various sources including sugarcane, wheat, corn and starch. It has been gaining importance in the global market on account of its increasing demand for use as an additive in biodiesel. The U.S.
Biodiesel:
Biodiesel is a bio-based diesel, which is produced from vegetable oil or animal fat. It can be used as a replacement for conventional diesel on account of several advantages such as high combustion temperature and better fuel efficiency. Biodiesel also provides better engine protection against wear & tear along with increased thermal stability and reduced emissions.
Application Insights:
The industrial fuels segment led the global bio-oil market in 2017 and is projected to witness significant growth over the forecast period. The segment accounted for a share of more than 60% in 2017 and is expected to continue its dominance over the next six years. Industrial applications of bio-oils include chemical manufacturing, food processing, paper milling, textiles and leather industries among others.
Chemical industry was another prominent application area accounting for a share of more than 10% in 2017 owing to growing demand from various end-use industries including plastics & polymers manufacturing. Biofuel ingredients are used directly as feedstock for producing chemicals which include high purity products such as pharmaceuticals, solvents among others that are widely used across several end uses sectors globally including paints & coatings industry which further boosts product demand globally on account of its usage as an industrial fuel ingredient.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% of global bio-oil demand in 2017. This can be attributed to growing industrialization, rapid urbanization, increasing population along with rising living standards that are driving the need for transportation and energy infrastructure development.
The Asia Pacific has been witnessing strong economic growth on account of robust manufacturing base expansion in countries such as China, India, Indonesia and Malaysia among others which have also resulted into high product demand from various end-use industries such as automotive fuel & lubricants, chemical processing & petrochemicals among others.
Europe is anticipated to witness significant growth over the forecast period owing to stringent regulations regarding carbon emission coupled with favorable government initiatives aimed at promoting clean fuels from biomass sources including waste materials such as agricultural residues.
Growth Factors:
- Increasing demand for natural and organic skin care products.
- Rising awareness about the benefits of using Bio-Oil for various skin problems.
- Growing popularity of aromatherapy and other natural healing methods.
- Availability of Bio-Oil in a variety of packaging formats and at affordable prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-Oil Market Research Report
By Type
Bioethanol, Biodiesel, Others
By Application
Industrial Fuels, Transportation Fuels, Chemical Industry, Others
By Companies
Diester Industries, Neste Oil Rotterdam, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus, Renewable Energy Group, Diester Industries, Ag Processing, Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru, Hebei Jingu Group, Green Plains, Flint Hills Resources
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
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Bio-Oil Market Report Segments:
The global Bio-Oil market is segmented on the basis of:
Types
Bioethanol, Biodiesel, 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
Industrial Fuels, Transportation Fuels, Chemical Industry, 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:
- Diester Industries
- Neste Oil Rotterdam
- ADM
- Infinita Renovables
- Biopetrol
- Cargill
- Ital Green Oil
- Glencore
- Louis Dreyfus
- Renewable Energy Group
- Diester Industries
- Ag Processing
- Elevance
- Marathon Petroleum Corporation
- Evergreen Bio Fuels
- Minnesota Soybean Processors
- Caramuru
- Hebei Jingu Group
- Green Plains
- Flint Hills Resources
Highlights of The Bio-Oil 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:
- Bioethanol
- Biodiesel
- Others
- By Application:
- Industrial Fuels
- Transportation Fuels
- Chemical Industry
- 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 Bio-Oil 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Bio-Oil is a natural oil derived from plants. It is used as a moisturizer and skin care product. Bio-Oil helps to improve the appearance of skin by providing relief from dryness, irritation, and inflammation.
Some of the major companies in the bio-oil market are Diester Industries, Neste Oil Rotterdam, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus, Renewable Energy Group, Diester Industries, Ag Processing, Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru, Hebei Jingu Group, Green Plains, Flint Hills Resources.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-Oil Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bio-Oil Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bio-Oil Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bio-Oil Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bio-Oil Market Size & Forecast, 2018-2028
4.5.1 Bio-Oil Market Size and Y-o-Y Growth
4.5.2 Bio-Oil Market Absolute $ Opportunity
Chapter 5 Global Bio-Oil Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bio-Oil Market Size Forecast by Type
5.2.1 Bioethanol
5.2.2 Biodiesel
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bio-Oil Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bio-Oil Market Size Forecast by Applications
6.2.1 Industrial Fuels
6.2.2 Transportation Fuels
6.2.3 Chemical Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-Oil Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio-Oil Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bio-Oil Analysis and Forecast
9.1 Introduction
9.2 North America Bio-Oil Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bio-Oil Market Size Forecast by Type
9.6.1 Bioethanol
9.6.2 Biodiesel
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bio-Oil Market Size Forecast by Applications
9.10.1 Industrial Fuels
9.10.2 Transportation Fuels
9.10.3 Chemical Industry
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bio-Oil Analysis and Forecast
10.1 Introduction
10.2 Europe Bio-Oil Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bio-Oil Market Size Forecast by Type
10.6.1 Bioethanol
10.6.2 Biodiesel
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bio-Oil Market Size Forecast by Applications
10.10.1 Industrial Fuels
10.10.2 Transportation Fuels
10.10.3 Chemical Industry
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bio-Oil Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bio-Oil Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bio-Oil Market Size Forecast by Type
11.6.1 Bioethanol
11.6.2 Biodiesel
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bio-Oil Market Size Forecast by Applications
11.10.1 Industrial Fuels
11.10.2 Transportation Fuels
11.10.3 Chemical Industry
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bio-Oil Analysis and Forecast
12.1 Introduction
12.2 Latin America Bio-Oil Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bio-Oil Market Size Forecast by Type
12.6.1 Bioethanol
12.6.2 Biodiesel
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bio-Oil Market Size Forecast by Applications
12.10.1 Industrial Fuels
12.10.2 Transportation Fuels
12.10.3 Chemical Industry
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bio-Oil Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bio-Oil Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bio-Oil Market Size Forecast by Type
13.6.1 Bioethanol
13.6.2 Biodiesel
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bio-Oil Market Size Forecast by Applications
13.10.1 Industrial Fuels
13.10.2 Transportation Fuels
13.10.3 Chemical Industry
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio-Oil Market: Competitive Dashboard
14.2 Global Bio-Oil Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diester Industries
14.3.2 Neste Oil Rotterdam
14.3.3 ADM
14.3.4 Infinita Renovables
14.3.5 Biopetrol
14.3.6 Cargill
14.3.7 Ital Green Oil
14.3.8 Glencore
14.3.9 Louis Dreyfus
14.3.10 Renewable Energy Group
14.3.11 Diester Industries
14.3.12 Ag Processing
14.3.13 Elevance
14.3.14 Marathon Petroleum Corporation
14.3.15 Evergreen Bio Fuels
14.3.16 Minnesota Soybean Processors
14.3.17 Caramuru
14.3.18 Hebei Jingu Group
14.3.19 Green Plains
14.3.20 Flint Hills Resources
