Market Overview:
The global liquid bio fuel 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 alternative fuels and the rising awareness about the benefits of using liquid bio fuels. The global liquid bio fuel market is segmented on the basis of type, application, and region. On the basis of type, it is divided into Bio-diesel and Ethanol. Bio-diesel accounted for a larger share in 2017 owing to its high efficiency as compared to other types of liquid bio fuels. On the basis of application, it is classified into Vehicle Fuel, Heat Generation, Lubrication, Reduction in Emission,, Cooking,, Others). Vehicle Fuel accounted for a major share in 2017 due to its growing popularity as an alternative fuel source across various regions worldwide.
Product Definition:
Liquid Bio Fuel is a liquid fuel that is derived from biomass. Biomass can be composed of plant or animal material. Liquid Bio Fuel can be used as a transportation fuel or as a heating fuel.
Bio-diesel:
Bio-diesel is a liquid biofuel that can be used as an alternative to conventional diesel. It is produced from animal fats, vegetable oil or algae. Bio-diesel has been gaining importance in the liquid biofuel market on account of its ability to reduce Greenhouse Gas (GHG) emissions and its use as a biodiesel feedstock for fuel cells.
Ethanol:
Ethanol is a biofuel that can be used as an alternative to petrol or diesel. It is also known as ethyl alcohol, which is the name of the chemical family from which ethanol evolved. Ethanol can be produced from various feedstock such as corn, wheat, and sugar cane. The most common way to produce it involves using natural gas or starch derived from corn and wheat (methanol).
Application Insights:
Vehicle fuel was the dominant application segment and accounted for a market share of over 80% in terms of volume as well as revenue in 2017. The growing demand for vehicles is expected to have a positive impact on the industry growth over the forecast period. Increasing sales of passenger cars and light commercial vehicles are anticipated to drive biofuel consumption in vehicle fuel applications across various regions, especially Asia Pacific and Europe.
The use of biofuels has been prevalent largely due to their ability to reduce Greenhouse Gas (GHG) emissions which contribute towards climate change significantly contributing towards global warming potential (GWP). Biofuels produced from renewable sources such as sugarcane, corn, or wheat produce less carbon dioxide when compared to fossil fuels like diesel & petrol due to reduced extraction rate & processing done after production which reduces its GWP by approximately 50%.
Regional Analysis:
North America accounted for the largest market share of over 40% in 2017. The region is expected to continue its dominance over the forecast period as well due to increasing government support and rising awareness among people regarding benefits of bio-based fuels. For instance, in 2015, U.S Department of Agriculture (USDA) launched a program called BioPreferred under which it provided financial assistance worth USD X million for developing sustainable agriculture practices that would help reduce carbon footprint and promote energy security by producing biofuels that are cleaner than petroleum-derived fuel oils.
Asia Pacific is anticipated to be the fastest growing regional market from 2018 to 2030 owing to rapid industrialization along with supportive environment for business growth across countries like China, India and Indonesia etc., which are majorly contributing towards overall industry growth in APAC region.
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 8% from 2016 to 2020. This is primarily due to the increasing awareness among consumers about the benefits of fuel-efficient vehicles, such as lower emissions and reduced running costs.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world in an effort to reduce air pollution levels. This is driving the demand for low and zero emission vehicles, which in turn is boosting the growth of the liquid biofuel market.
- Rising concerns over energy security: The volatility in oil prices over the past few years has led to a rise in concerns over energy security among consumers and businesses alike. Liquid biofuels offer a viable alternative to traditional fuels, thus helping address these concerns.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Bio Fuel Market Research Report
By Type
Bio-diesel, Ethanol
By Application
Vehicle Fuel, Heat Generation, Lubrication, Reduction of Emission, Cooking, Others
By Companies
Archer Dainels Midland Company, AceitiesManuelita S.A, INEOS group AG, Magdeburg Gmbh, Cargil, Bluefirerenewable
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
125
Number of Tables & Figures
88
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Bio Fuel Market Report Segments:
The global Liquid Bio Fuel market is segmented on the basis of:
Types
Bio-diesel, Ethanol
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
Vehicle Fuel, Heat Generation, Lubrication, Reduction of Emission, Cooking, 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:
- Archer Dainels Midland Company
- AceitiesManuelita S.A
- INEOS group AG
- Magdeburg Gmbh
- Cargil
- Bluefirerenewable
Highlights of The Liquid Bio Fuel 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:
- Bio-diesel
- Ethanol
- By Application:
- Vehicle Fuel
- Heat Generation
- Lubrication
- Reduction of Emission
- Cooking
- 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 Liquid Bio Fuel 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?
Liquid biofuel is a type of fuel that can be used in vehicles. It is made from natural or processed sources of biomass, such as plant oils and residues.
Some of the key players operating in the liquid bio fuel market are Archer Dainels Midland Company, AceitiesManuelita S.A, INEOS group AG, Magdeburg Gmbh, Cargil, Bluefirerenewable.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Bio Fuel 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 Liquid Bio Fuel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Bio Fuel 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 Liquid Bio Fuel 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 Liquid Bio Fuel Market Size & Forecast, 2020-2028
4.5.1 Liquid Bio Fuel Market Size and Y-o-Y Growth
4.5.2 Liquid Bio Fuel Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Bio-diesel
5.2.2 Ethanol
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Vehicle Fuel
6.2.2 Heat Generation
6.2.3 Lubrication
6.2.4 Reduction of Emission
6.2.5 Cooking
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Bio Fuel 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 Liquid Bio Fuel 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Bio-diesel
9.6.2 Ethanol
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 Market Size Forecast by Applications
9.10.1 Vehicle Fuel
9.10.2 Heat Generation
9.10.3 Lubrication
9.10.4 Reduction of Emission
9.10.5 Cooking
9.10.6 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Bio-diesel
10.6.2 Ethanol
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 Market Size Forecast by Applications
10.10.1 Vehicle Fuel
10.10.2 Heat Generation
10.10.3 Lubrication
10.10.4 Reduction of Emission
10.10.5 Cooking
10.10.6 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Bio-diesel
11.6.2 Ethanol
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 Market Size Forecast by Applications
11.10.1 Vehicle Fuel
11.10.2 Heat Generation
11.10.3 Lubrication
11.10.4 Reduction of Emission
11.10.5 Cooking
11.10.6 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Bio-diesel
12.6.2 Ethanol
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 Market Size Forecast by Applications
12.10.1 Vehicle Fuel
12.10.2 Heat Generation
12.10.3 Lubrication
12.10.4 Reduction of Emission
12.10.5 Cooking
12.10.6 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Bio-diesel
13.6.2 Ethanol
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) Market Size Forecast by Applications
13.10.1 Vehicle Fuel
13.10.2 Heat Generation
13.10.3 Lubrication
13.10.4 Reduction of Emission
13.10.5 Cooking
13.10.6 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 Liquid Bio Fuel Market: Competitive Dashboard
14.2 Global Liquid Bio Fuel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Archer Dainels Midland Company
14.3.2 AceitiesManuelita S.A
14.3.3 INEOS group AG
14.3.4 Magdeburg Gmbh
14.3.5 Cargil
14.3.6 Bluefirerenewable
