Market Overview:
The global liquid biofuels 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 liquid biofuels from transportation and electricity generation applications, and the growing focus on reducing greenhouse gas emissions. Based on type, ethanol accounted for the largest share of the global liquid biofuels market in 2017. This can be attributed to its high octane number and low emissions levels as compared to gasoline. Biodiesel is expected to be the fastest-growing type of liquid biofuel during the forecast period, owing to its ability to reduce carbon dioxide emissions by up than 50%.
Product Definition:
Liquid Biofuels are defined as fuels derived from plant or animal matter. These fuels can be used in place of gasoline, diesel, or other traditional liquid fuels. Liquid Biofuels are important because they are renewable and produce fewer emissions than traditional liquid fuels.
Ethanol:
Ethanol, also known as ethyl alcohol or grain alcohol, is an organic chemical. It is a volatile, colorless liquid that consists of hydroxyl group and one carbon chain. The global ethanol production has been increasing over the past few years on account of its rising demand in various end-use industries such as transportation fuels and fuel for power generation.
Biodiesel:
Biodiesel is a bio-based diesel fuel that can be produced from vegetable oils or animal fats. It is the most common form of renewable diesel and has been gaining popularity over the past few years owing to its environmental benefits. Biodiesel can be used as an effective replacement for conventional diesel in all applications including transportation, power generation, heating & cooling and cooking.
Application Insights:
The transportation segment accounted for the largest share of over 50% in 2017. The growing biofuel demand from road vehicles, particularly in emerging economies such as Brazil, China and India is expected to remain a key trend. In addition, government support policies towards the adoption of liquid biofuels are likely to drive the market growth over the forecast period.
Liquid biofuels have been gaining popularity as an alternative fuel for automobiles due to their lower carbon emissions when compared with traditional gasoline-powered vehicles. These fuels also offer various benefits including reduced pollution levels and higher efficiency which makes them a preferred fuel across various vehicle types such as buses and trucks among others. Growing concerns regarding air pollution levels coupled with rising awareness about reducing greenhouse gas (GHG) emissions are anticipated to propel demand for electric cars that use biodiesel or HVO as an engine fuel throughout their lifetime cycles along with other alternatives such as ethanol-powered cars that utilize waste vegetable oil (VLO).
Regional Analysis:
North America accounted for the largest share of over 40.0% in 2017, owing to the presence of a large number of biofuel producers and consumers in this region. The U.S., which is one of the leading countries producing ethanol, has also been a prominent market for liquid biofuels across the globe.
Asia Pacific is expected to be one among fastest-growing regions owing to increasing focus on alternative fuel vehicles by various governments as well as private companies in order to reduce carbon footprint associated with conventional automobiles resulting into higher demand for LPG, HVO.
Growth Factors:
- Increasing demand for liquid biofuels from transportation sector as a result of stringent fuel emission norms by regulatory authorities across the globe.
- Stringent government regulations and policies supporting the use of liquid biofuels in various end-use sectors, such as automotive, aviation, and shipping etc.
- Growing awareness about the benefits of using liquid biofuels over conventional fuels among consumers worldwide.
- Rising investments by key market players in R&D activities to develop advanced and cost-effective technologies for manufacturing liquid biofuels products
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Biofuels Market Research Report
By Type
Ethanol, Biodiesel, Hydrogenated Vegetable Oil (HVO)
By Application
Transportation, Electricity Generation, Heat Generation
By Companies
Archer Daniel Midland, Renewable Energy Group, Novozymes, Neste Oil, Bunge Limited, Wilmar International Limited, Louis Dreyfus Company, Royal DSM, Green Plain Renewable, Future Fuel Corporation
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Biofuels Market Report Segments:
The global Liquid Biofuels market is segmented on the basis of:
Types
Ethanol, Biodiesel, Hydrogenated Vegetable Oil (HVO)
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
Transportation, Electricity Generation, Heat Generation
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 Daniel Midland
- Renewable Energy Group
- Novozymes
- Neste Oil
- Bunge Limited
- Wilmar International Limited
- Louis Dreyfus Company
- Royal DSM
- Green Plain Renewable
- Future Fuel Corporation
Highlights of The Liquid 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:
- Ethanol
- Biodiesel
- Hydrogenated Vegetable Oil (HVO)
- By Application:
- Transportation
- Electricity Generation
- Heat Generation
- 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 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
- 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 biofuels are fuels derived from biological sources, such as ethanol and biodiesel. They can be used in gasoline, diesel fuel, and other types of engines.
Some of the major players in the liquid biofuels market are Archer Daniel Midland, Renewable Energy Group, Novozymes, Neste Oil, Bunge Limited, Wilmar International Limited, Louis Dreyfus Company, Royal DSM, Green Plain Renewable, Future Fuel Corporation.
The liquid biofuels market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Liquid 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. Liquid Biofuels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Liquid Biofuels Market - Supply Chain
4.5. Global Liquid Biofuels Market Forecast
4.5.1. Liquid Biofuels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Liquid Biofuels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Liquid Biofuels Market Absolute $ Opportunity
5. Global Liquid 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. Liquid Biofuels Market Size and Volume Forecast by Type
5.3.1. Ethanol
5.3.2. Biodiesel
5.3.3. Hydrogenated Vegetable Oil (HVO)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Liquid 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. Liquid Biofuels Market Size and Volume Forecast by Application
6.3.1. Transportation
6.3.2. Electricity Generation
6.3.3. Heat Generation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Liquid 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. Liquid 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 Liquid 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. Liquid 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 Liquid Biofuels Demand Share Forecast, 2019-2026
9. North America Liquid 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 Liquid 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 Liquid Biofuels Market Size and Volume Forecast by Application
9.4.1. Transportation
9.4.2. Electricity Generation
9.4.3. Heat Generation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Liquid Biofuels Market Size and Volume Forecast by Type
9.7.1. Ethanol
9.7.2. Biodiesel
9.7.3. Hydrogenated Vegetable Oil (HVO)
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 Liquid Biofuels Demand Share Forecast, 2019-2026
10. Latin America Liquid 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 Liquid 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 Liquid Biofuels Market Size and Volume Forecast by Application
10.4.1. Transportation
10.4.2. Electricity Generation
10.4.3. Heat Generation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Liquid Biofuels Market Size and Volume Forecast by Type
10.7.1. Ethanol
10.7.2. Biodiesel
10.7.3. Hydrogenated Vegetable Oil (HVO)
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 Liquid Biofuels Demand Share Forecast, 2019-2026
11. Europe Liquid 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 Liquid 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 Liquid Biofuels Market Size and Volume Forecast by Application
11.4.1. Transportation
11.4.2. Electricity Generation
11.4.3. Heat Generation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Liquid Biofuels Market Size and Volume Forecast by Type
11.7.1. Ethanol
11.7.2. Biodiesel
11.7.3. Hydrogenated Vegetable Oil (HVO)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections 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 Liquid Biofuels Demand Share, 2019-2026
12. Asia Pacific Liquid 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 Liquid 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 Liquid Biofuels Market Size and Volume Forecast by Application
12.4.1. Transportation
12.4.2. Electricity Generation
12.4.3. Heat Generation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Liquid Biofuels Market Size and Volume Forecast by Type
12.7.1. Ethanol
12.7.2. Biodiesel
12.7.3. Hydrogenated Vegetable Oil (HVO)
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 Liquid Biofuels Demand Share, 2019-2026
13. Middle East & Africa Liquid 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 Liquid 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 Liquid Biofuels Market Size and Volume Forecast by Application
13.4.1. Transportation
13.4.2. Electricity Generation
13.4.3. Heat Generation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Liquid Biofuels Market Size and Volume Forecast by Type
13.7.1. Ethanol
13.7.2. Biodiesel
13.7.3. Hydrogenated Vegetable Oil (HVO)
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 Liquid Biofuels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Liquid Biofuels Market: Market Share Analysis
14.2. Liquid Biofuels Distributors and Customers
14.3. Liquid Biofuels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Archer Daniel Midland
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Renewable Energy Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Novozymes
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Neste Oil
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bunge Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Wilmar International Limited
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Louis Dreyfus Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Royal DSM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Plain Renewable
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Future Fuel Corporation
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
