Market Overview:
The global biofuel testing services market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for biofuels across the globe and stringent government regulations pertaining to fuel quality. Based on type, ethanol accounted for the majority share of the global biofuel testing services market in 2017. This can be attributed to its high usage in automotive applications and growing demand from countries such as Brazil and the U.S.
Product Definition:
Biofuel Testing Services is the process of testing biofuels to ensure that they meet quality and safety standards. The importance of Biofuel Testing Services is that it helps ensure that biofuels are safe and reliable for use.
Ethanol:
Ethanol, also known as ethyl alcohol, is an organic chemical compound that is mainly manufactured from corn grain. It can be blended with gasoline to improve its octane rating and reduce the emissions of cars and trucks. Ethanol forms a large part of the U.S.
Biodiesel:
Biodiesel is a cleaner, cheaper alternative to conventional diesel. It is produced from animal fats or vegetable oils. The U.S government has set standards for the amount of methyl esterification (ME) that can be added to a particular type of biodiesel before it can be sold as “biodiesel” in the country. Currently, there are no federal regulations regarding biofuel testing services and their compliance with ASTM D6751 - 13 (U.S.
Application Insights:
Automotive was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive industry, particularly in countries like China, India and Brazil is expected to remain a key factor driving demand for biofuel testing services. Automotive manufacturers are continuously working towards increasing the efficiency of vehicles by reducing fuel consumption as much as possible. This has led to an increased focus on blending different types of biofuels into petrol and diesel due to their high energy content compared with conventional fuels.
The use of ethanol-blended fuels has been rising consistently since 2014 owing to its ability to reduce carbon emissions significantly while providing sufficient power for engine operations at lower costs than gasoline or diesel alone. However, regulatory support needs improvement before widespread adoption can be made across various regions especially when it comes time for blending mandates between traditional fossil fuel products such as petrol/diesel & ethanol blends which have low octane ratings (low resistance againstknocking).
Regional Analysis:
Asia Pacific is estimated to be the fastest-growing regional market over the forecast period. The growth of this region can be attributed to increasing government mandates and regulations for testing biofuels in various countries such as India, China, Indonesia, Malaysia, Thailand and South Korea. For instance, in December 2016; Indonesia Ministry of Energy and Mineral Resources (MoEMR) issued a regulation that sets standards for biodiesel production from palm oil-based feedstock. These regulatory initiatives are anticipated to boost product demand across Asia Pacific region during the forecast period.
The European market was valued at USD X million in 2017 owing to stringent government policies regarding use of sustainable fuels across countries such as Germany and France among others which have high consumption of petroleum based products.
Growth Factors:
- Increasing demand for biofuels from transportation and stationary sectors
- Stringent environmental regulations for emissions from vehicles and industries
- Rising crude oil prices that are making biofuels more competitive in the market
- Government subsidies and incentives for promotion of biofuel use
- Development of new technologies for production of advanced biofuels
Scope Of The Report
Report Attributes
Report Details
Report Title
Biofuel Testing Services Market Research Report
By Type
Ethanol, Biodiesel, Biogas, Green Diesel, Butanol, Others
By Application
Automotive, Biofuel Companies, Mining, Energy Generation, Refineries, Other
By Companies
Bureau Veritas, Intertek Group plc., Eurofins Scientific, AmSpec, LLC, SGS SA, ALS Limited, Core Laboratories, Biofuel Systems Group Limited, Beta Analytic, SOCOTEC Group, Chem-Tech Laboratories, FOI Laboratories, Peak Petroleum Testing Services, Inc.
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Biofuel Testing Services Market Report Segments:
The global Biofuel Testing Services market is segmented on the basis of:
Types
Ethanol, Biodiesel, Biogas, Green Diesel, Butanol, 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, Biofuel Companies, Mining, Energy Generation, Refineries, Other
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:
- Bureau Veritas
- Intertek Group plc.
- Eurofins Scientific
- AmSpec, LLC
- SGS SA
- ALS Limited
- Core Laboratories
- Biofuel Systems Group Limited
- Beta Analytic
- SOCOTEC Group
- Chem-Tech Laboratories
- FOI Laboratories
- Peak Petroleum Testing Services, Inc.
Highlights of The Biofuel Testing Services 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:
- Ethanol
- Biodiesel
- Biogas
- Green Diesel
- Butanol
- Others
- By Application:
- Automotive
- Biofuel Companies
- Mining
- Energy Generation
- Refineries
- Other
- 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 Biofuel Testing Services 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?
Biofuel testing services are a type of laboratory testing that is used to determine the quality of biofuels. Biofuel testing can help ensure that the biofuels being produced are of high quality and meet all required safety standards.
Some of the key players operating in the biofuel testing services market are Bureau Veritas, Intertek Group plc., Eurofins Scientific, AmSpec, LLC, SGS SA, ALS Limited, Core Laboratories, Biofuel Systems Group Limited, Beta Analytic, SOCOTEC Group, Chem-Tech Laboratories, FOI Laboratories, Peak Petroleum Testing Services, Inc..
The biofuel testing services market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biofuel Testing Services 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 Biofuel Testing Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biofuel Testing Services 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 Biofuel Testing Services 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 Biofuel Testing Services Market Size & Forecast, 2018-2028
4.5.1 Biofuel Testing Services Market Size and Y-o-Y Growth
4.5.2 Biofuel Testing Services Market Absolute $ Opportunity
Chapter 5 Global Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Type
5.2.1 Ethanol
5.2.2 Biodiesel
5.2.3 Biogas
5.2.4 Green Diesel
5.2.5 Butanol
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Biofuel Companies
6.2.3 Mining
6.2.4 Energy Generation
6.2.5 Refineries
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biofuel Testing Services 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 Biofuel Testing Services 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 Biofuel Testing Services Analysis and Forecast
9.1 Introduction
9.2 North America Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Type
9.6.1 Ethanol
9.6.2 Biodiesel
9.6.3 Biogas
9.6.4 Green Diesel
9.6.5 Butanol
9.6.6 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 Biofuel Testing Services Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Biofuel Companies
9.10.3 Mining
9.10.4 Energy Generation
9.10.5 Refineries
9.10.6 Other
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 Biofuel Testing Services Analysis and Forecast
10.1 Introduction
10.2 Europe Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Type
10.6.1 Ethanol
10.6.2 Biodiesel
10.6.3 Biogas
10.6.4 Green Diesel
10.6.5 Butanol
10.6.6 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 Biofuel Testing Services Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Biofuel Companies
10.10.3 Mining
10.10.4 Energy Generation
10.10.5 Refineries
10.10.6 Other
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 Biofuel Testing Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Type
11.6.1 Ethanol
11.6.2 Biodiesel
11.6.3 Biogas
11.6.4 Green Diesel
11.6.5 Butanol
11.6.6 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 Biofuel Testing Services Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Biofuel Companies
11.10.3 Mining
11.10.4 Energy Generation
11.10.5 Refineries
11.10.6 Other
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 Biofuel Testing Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Biofuel Testing Services 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 Biofuel Testing Services Market Size Forecast by Type
12.6.1 Ethanol
12.6.2 Biodiesel
12.6.3 Biogas
12.6.4 Green Diesel
12.6.5 Butanol
12.6.6 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 Biofuel Testing Services Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Biofuel Companies
12.10.3 Mining
12.10.4 Energy Generation
12.10.5 Refineries
12.10.6 Other
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) Biofuel Testing Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biofuel Testing Services 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) Biofuel Testing Services Market Size Forecast by Type
13.6.1 Ethanol
13.6.2 Biodiesel
13.6.3 Biogas
13.6.4 Green Diesel
13.6.5 Butanol
13.6.6 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) Biofuel Testing Services Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Biofuel Companies
13.10.3 Mining
13.10.4 Energy Generation
13.10.5 Refineries
13.10.6 Other
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 Biofuel Testing Services Market: Competitive Dashboard
14.2 Global Biofuel Testing Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bureau Veritas
14.3.2 Intertek Group plc.
14.3.3 Eurofins Scientific
14.3.4 AmSpec, LLC
14.3.5 SGS SA
14.3.6 ALS Limited
14.3.7 Core Laboratories
14.3.8 Biofuel Systems Group Limited
14.3.9 Beta Analytic
14.3.10 SOCOTEC Group
14.3.11 Chem-Tech Laboratories
14.3.12 FOI Laboratories
14.3.13 Peak Petroleum Testing Services, Inc.
