Biofuel Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034

The global biofuels market is witnessing substantial growth as the world increasingly transitions toward clean energy solutions. The market was valued at USD 1,392.16 billion in 2025, is projected to reach USD 1,463.34 billion in 2026, and is expected to grow to USD 2,371.53 billion by 2034, reflecting a CAGR of 6.22% during the forecast period. In 2025, North America dominated the market with a share of 38.23%, driven by supportive policies, energy security concerns, and robust adoption of ethanol, biodiesel, and Sustainable Aviation Fuel (SAF).

The biofuels sector is expanding primarily due to the increasing need to reduce greenhouse gas emissions from transportation and energy industries. Governments worldwide are introducing favorable policies, including blending mandates, subsidies, and carbon pricing mechanisms, to encourage biofuel adoption. Aviation and maritime industries, with limited electrification options, are turning to advanced biofuels and SAF to meet decarbonization targets. Additionally, technological innovations, such as second-generation biofuels derived from waste and non-food feedstocks, are resolving the food-versus-fuel dilemma while enhancing production efficiency. For example, Mitsubishi Heavy Industries' pilot plant in Nagasaki achieved over 99.5% ethanol purity using molecular sieve separation technology, reducing energy usage by over 30% and operational costs, paving the way for large-scale adoption.

Market Dynamics

Drivers: The transportation sector is a key growth driver. Between 2023 and 2028, global biofuel demand is expected to rise by 38 billion liters, representing a 30% increase from the previous five years. By 2028, total demand may reach 200 billion liters, primarily comprising ethanol and renewable diesel. Biofuels already accounted for over 3.5% of global transport energy demand in 2022, which could more than double to 9% by 2030 under net-zero scenarios.

Restraints: High production costs and limited infrastructure remain major barriers. In Europe, biodiesel and ethanol are 70-130% costlier than fossil fuels, while SAF in the U.S. may cost up to five times more than conventional jet fuel. Infrastructure limitations, such as fuel stations unable to handle high-blend fuels, exacerbate these challenges.

Opportunities: The expansion of Sustainable Aviation Fuel (SAF) offers growth potential. Global SAF production increased from 0.5 million tons in 2023 to 1.0 million tons in 2024, and projections indicate 2 million tons by 2025. Regulatory mandates like the EU's ReFuelEU Aviation and U.K.'s SAF obligations are accelerating adoption.

Challenges: Feedstock availability remains a concern. Vegetable oils, residues, and fats are projected to increase 56% by 2027, but supply may reach maximum capacity. Advanced biofuels from non-food sources currently represent only 9% of global usage but are expected to rise to 40% by 2030. In India, feedstock shortages are projected to reduce ethanol supply by 20% in 2024-25.

Market Trends

Advanced biofuels derived from agricultural waste, algae, and lignocellulosic materials are gaining attention due to lower life-cycle emissions and sustainability. Production of advanced biofuels needs to quintuple by 2030 to meet global net-zero targets. SAF, largely produced from advanced biofuels, is poised to play a transformative role in decarbonizing aviation.

Segmentation Analysis

By Type: Solid, liquid, and gaseous biofuels. In 2026, solid biofuels dominate with 85.43% share, offering reliable energy for heating and power generation. Liquid biofuels like ethanol and renewable diesel are fastest-growing, catering to transportation and blending mandates.

By Category: First-generation biofuels dominate with 89.83% share in 2026, primarily ethanol and biodiesel from food crops. Second-generation biofuels are rising due to sustainability and waste-based feedstocks.

By Application: The transport segment holds the largest share at 84.38% in 2026, providing a low-carbon alternative compatible with existing vehicles and infrastructure.

Regional Outlook

North America: Market valued at USD 532.22 billion in 2025 and USD 553.55 billion in 2026, led by the U.S. and Canada due to ethanol blending and SAF adoption.
Latin America: Projected to reach USD 306.36 billion in 2025, driven by Brazil's ethanol production and biodiesel initiatives.
Europe: Germany at USD 42.72 billion and rest of Europe at USD 28.27 billion in 2025, supported by decarbonization policies.
Asia Pacific: Valuation of USD 240.81 billion in 2025, led by India, China, and Indonesia with ethanol and biodiesel blending mandates.
Middle East & Africa: Market at USD 33.61 billion in 2025, driven by renewable energy and biofuel investments in GCC nations.

Competitive Landscape

Key players include Archer Daniels Midland, Cargill, Neste Corporation, Bunge Limited, Wilmar International, Louis Dreyfus Company, POET LLC, Green Plains, Raizen Energia, Algenol, and others. Companies are expanding through strategic alliances, acquisitions, and technology partnerships. Notable developments include India easing ethanol production restrictions, Cemvita's SAF production facility in Brazil, Avalon Energy and Sulzer Chemtech's biorefinery in Uruguay, and Neste's collaboration with Chevron Lummus Global for lignocellulosic fuels.

Conclusion

The global biofuels market is projected to grow from USD 1,392.16 billion in 2025 to USD 2,371.53 billion by 2034, driven by rising demand in transport, expansion of SAF, and technological advancements in advanced biofuels. North America leads the market, while Europe, Latin America, and Asia Pacific show strong growth potential. Biofuels continue to be critical for decarbonizing transport, enhancing energy security, and achieving global sustainability goals.

Segmentation By Type

Solid
- Woody Materials
- Crops
- Municipal Solid Waste (MSW)
- Others
Liquid
- Fuel Ethanol
- Biodiesel
- Renewable Diesel
- Others
Gaseous

By Category

First-Generation
Second-Generation
Others

By Application

Transport
Power Generation
Residential, Commercial & Industrial Heating
Others

By Region

North America (By Type, Category, Application, and Country)
- U.S. (By Application)
- Canada (By Application)
Europe (By Type, Category, Application, and Country)
- Germany (By Application)
- France (By Application)
- Italy (By Application)
- U.K. (By Application)
- Spain (By Application)
- Netherlands (By Application)
- Rest of Europe (By Application)
Asia Pacific (By Type, Category, Application, and Country)
- China (By Application)
- India (By Application)
- Japan (By Application)
- South Korea (By Application)
- Australia (By Application)
- Rest of Asia Pacific (By Application)
Latin America (By Type, Category, Application, and Country)
- Brazil (By Application)
- Argentina (By Application)
- Mexico (By Application)
- Chile (By Application)
- Rest of Latin America (By Application)
Middle East & Africa (By Type, Category, Application, and Country)
- GCC (By Application)
- South Africa (By Application)
- Rest of the Middle East & Africa (By Application)

Product Code: FBI114282

Table of Content

1. Introduction

1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities

4. Key Insights

4.1. Key Emerging Trends - For Major Countries
4.2. Latest Technological Advancement
4.3. Insight on Regulatory Landscape
4.4. Porters Five Forces Analysis
4.5. Impact of Tariffs Global Biofuels Market

5. Global Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

5.1. Key Findings
5.2. Market Analysis, Insights, and Forecast - By Type
- 5.2.1. Solid
  - 5.2.1.1. Woody Materials
  - 5.2.1.2. Crops
  - 5.2.1.3. Municipal Solid Waste (MSW)
  - 5.2.1.4. Others
- 5.2.2. Liquid
  - 5.2.2.1. Fuel Ethanol
  - 5.2.2.2. Biodiesel
  - 5.2.2.3. Renewable Diesel
  - 5.2.2.4. Others
- 5.2.3. Gaseous
5.3. Market Analysis, Insights, and Forecast - By Category
- 5.3.1. First-Generation
- 5.3.2. Second-Generation
- 5.3.3. Others
5.4. Market Analysis, Insights, and Forecast - By Application
- 5.4.1. Transport
- 5.4.2. Power Generation
- 5.4.3. Residential, Commercial & Industrial Heating
- 5.4.4. Others
5.5. Market Analysis, Insights, and Forecast - By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East and Africa

6. North America Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

6.1. Key Findings
6.2. Market Analysis, Insights, and Forecast - By Type
- 6.2.1. Solid
  - 6.2.1.1. Woody Materials
  - 6.2.1.2. Crops
  - 6.2.1.3. Municipal Solid Waste (MSW)
  - 6.2.1.4. Others
- 6.2.2. Liquid
  - 6.2.2.1. Fuel Ethanol
  - 6.2.2.2. Biodiesel
  - 6.2.2.3. Renewable Diesel
  - 6.2.2.4. Others
- 6.2.3. Gaseous
6.3. Market Analysis, Insights, and Forecast - By Category
- 6.3.1. First-Generation
- 6.3.2. Second-Generation
- 6.3.3. Others
6.4. Market Analysis, Insights, and Forecast - By Application
- 6.4.1. Transport
- 6.4.2. Power Generation
- 6.4.3. Residential, Commercial & Industrial Heating
- 6.4.4. Others
6.5. Market Analysis, Insights, and Forecast - By Country
- 6.5.1. U.S. Market Analysis, Insights, and Forecast - By Application
  - 6.5.1.1. Transport
  - 6.5.1.2. Power Generation
  - 6.5.1.3. Residential, Commercial & Industrial Heating
  - 6.5.1.4. Others
- 6.5.2. Canada Market Analysis, Insights, and Forecast - By Application
  - 6.5.2.1. Transport
  - 6.5.2.2. Power Generation
  - 6.5.2.3. Residential, Commercial & Industrial Heating
  - 6.5.2.4. Others

7. Europe Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

7.1. Key Findings
7.2. Market Analysis, Insights, and Forecast - By Type
- 7.2.1. Solid
  - 7.2.1.1. Woody Materials
  - 7.2.1.2. Crops
  - 7.2.1.3. Municipal Solid Waste (MSW)
  - 7.2.1.4. Others
- 7.2.2. Liquid
  - 7.2.2.1. Fuel Ethanol
  - 7.2.2.2. Biodiesel
  - 7.2.2.3. Renewable Diesel
  - 7.2.2.4. Others
- 7.2.3. Gaseous
7.3. Market Analysis, Insights, and Forecast - By Category
- 7.3.1. First-Generation
- 7.3.2. Second-Generation
- 7.3.3. Others
7.4. Market Analysis, Insights, and Forecast - By Application
- 7.4.1. Transport
- 7.4.2. Power Generation
- 7.4.3. Residential, Commercial & Industrial Heating
- 7.4.4. Others
7.5. Market Analysis, Insights, and Forecast - By Country
- 7.5.1. Germany Market Analysis, Insights, and Forecast - By Application
  - 7.5.1.1. Transport
  - 7.5.1.2. Power Generation
  - 7.5.1.3. Residential, Commercial & Industrial Heating
  - 7.5.1.4. Others
- 7.5.2. France Market Analysis, Insights, and Forecast - By Application
  - 7.5.2.1. Transport
  - 7.5.2.2. Power Generation
  - 7.5.2.3. Residential, Commercial & Industrial Heating
  - 7.5.2.4. Others
- 7.5.3. Italy Market Analysis, Insights, and Forecast - By Application
  - 7.5.3.1. Transport
  - 7.5.3.2. Power Generation
  - 7.5.3.3. Residential, Commercial & Industrial Heating
  - 7.5.3.4. Others
- 7.5.4. U.K. Market Analysis, Insights, and Forecast - By Application
  - 7.5.4.1. Transport
  - 7.5.4.2. Power Generation
  - 7.5.4.3. Residential, Commercial & Industrial Heating
  - 7.5.4.4. Others
- 7.5.5. Spain Market Analysis, Insights, and Forecast - By Application
  - 7.5.5.1. Transport
  - 7.5.5.2. Power Generation
  - 7.5.5.3. Residential, Commercial & Industrial Heating
  - 7.5.5.4. Others
- 7.5.6. Netherlands Market Analysis, Insights, and Forecast - By Application
  - 7.5.6.1. Transport
  - 7.5.6.2. Power Generation
  - 7.5.6.3. Residential, Commercial & Industrial Heating
  - 7.5.6.4. Others
- 7.5.7. Rest of Europe Market Analysis, Insights, and Forecast - By Application
  - 7.5.7.1. Transport
  - 7.5.7.2. Power Generation
  - 7.5.7.3. Residential, Commercial & Industrial Heating
  - 7.5.7.4. Others

8. Asia Pacific Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

8.1. Key Findings
8.2. Market Analysis, Insights, and Forecast - By Type
- 8.2.1. Solid
  - 8.2.1.1. Woody Materials
  - 8.2.1.2. Crops
  - 8.2.1.3. Municipal Solid Waste (MSW)
  - 8.2.1.4. Others
- 8.2.2. Liquid
  - 8.2.2.1. Fuel Ethanol
  - 8.2.2.2. Biodiesel
  - 8.2.2.3. Renewable Diesel
  - 8.2.2.4. Others
- 8.2.3. Gaseous
8.3. Market Analysis, Insights, and Forecast - By Category
- 8.3.1. First-Generation
- 8.3.2. Second-Generation
- 8.3.3. Others
8.4. Market Analysis, Insights, and Forecast - By Application
- 8.4.1. Transport
- 8.4.2. Power Generation
- 8.4.3. Residential, Commercial & Industrial Heating
- 8.4.4. Others
8.5. Market Analysis, Insights, and Forecast - By Country
- 8.5.1. China Market Analysis, Insights, and Forecast - By Application
  - 8.5.1.1. Transport
  - 8.5.1.2. Power Generation
  - 8.5.1.3. Residential, Commercial & Industrial Heating
  - 8.5.1.4. Others
- 8.5.2. India Market Analysis, Insights, and Forecast - By Application
  - 8.5.2.1. Transport
  - 8.5.2.2. Power Generation
  - 8.5.2.3. Residential, Commercial & Industrial Heating
  - 8.5.2.4. Others
- 8.5.3. Japan Market Analysis, Insights, and Forecast - By Application
  - 8.5.3.1. Transport
  - 8.5.3.2. Power Generation
  - 8.5.3.3. Residential, Commercial & Industrial Heating
  - 8.5.3.4. Others
- 8.5.4. South Korea Market Analysis, Insights, and Forecast - By Application
  - 8.5.4.1. Transport
  - 8.5.4.2. Power Generation
  - 8.5.4.3. Residential, Commercial & Industrial Heating
  - 8.5.4.4. Others
- 8.5.5. Australia Market Analysis, Insights, and Forecast - By Application
  - 8.5.5.1. Transport
  - 8.5.5.2. Power Generation
  - 8.5.5.3. Residential, Commercial & Industrial Heating
  - 8.5.5.4. Others
- 8.5.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast - By Application
  - 8.5.6.1. Transport
  - 8.5.6.2. Power Generation
  - 8.5.6.3. Residential, Commercial & Industrial Heating
  - 8.5.6.4. Others

9. Latin America Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

9.1. Key Findings
9.2. Market Analysis, Insights, and Forecast - By Type
- 9.2.1. Solid
  - 9.2.1.1. Woody Materials
  - 9.2.1.2. Crops
  - 9.2.1.3. Municipal Solid Waste (MSW)
  - 9.2.1.4. Others
- 9.2.2. Liquid
  - 9.2.2.1. Fuel Ethanol
  - 9.2.2.2. Biodiesel
  - 9.2.2.3. Renewable Diesel
  - 9.2.2.4. Others
- 9.2.3. Gaseous
9.3. Market Analysis, Insights, and Forecast - By Category
- 9.3.1. First-Generation
- 9.3.2. Second-Generation
- 9.3.3. Others
9.4. Market Analysis, Insights, and Forecast - By Application
- 9.4.1. Transport
- 9.4.2. Power Generation
- 9.4.3. Residential, Commercial & Industrial Heating
- 9.4.4. Others
9.5. Market Analysis, Insights, and Forecast - By Country
- 9.5.1. Brazil Market Analysis, Insights, and Forecast - By Application
  - 9.5.1.1. Transport
  - 9.5.1.2. Power Generation
  - 9.5.1.3. Residential, Commercial & Industrial Heating
  - 9.5.1.4. Others
- 9.5.2. Argentina Market Analysis, Insights, and Forecast - By Application
  - 9.5.2.1. Transport
  - 9.5.2.2. Power Generation
  - 9.5.2.3. Residential, Commercial & Industrial Heating
  - 9.5.2.4. Others
- 9.5.3. Mexico Market Analysis, Insights, and Forecast - By Application
  - 9.5.3.1. Transport
  - 9.5.3.2. Power Generation
  - 9.5.3.3. Residential, Commercial & Industrial Heating
  - 9.5.3.4. Others
- 9.5.4. Chile Market Analysis, Insights, and Forecast - By Application
  - 9.5.4.1. Transport
  - 9.5.4.2. Power Generation
  - 9.5.4.3. Residential, Commercial & Industrial Heating
  - 9.5.4.4. Others
- 9.5.5. Rest of Latin America Market Analysis, Insights, and Forecast - By Application
  - 9.5.5.1. Transport
  - 9.5.5.2. Power Generation
  - 9.5.5.3. Residential, Commercial & Industrial Heating
  - 9.5.5.4. Others

10. Middle East and Africa Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

10.1. Key Findings
10.2. Market Analysis, Insights, and Forecast - By Type
- 10.2.1. Solid
  - 10.2.1.1. Woody Materials
  - 10.2.1.2. Crops
  - 10.2.1.3. Municipal Solid Waste (MSW)
  - 10.2.1.4. Others
- 10.2.2. Liquid
  - 10.2.2.1. Fuel Ethanol
  - 10.2.2.2. Biodiesel
  - 10.2.2.3. Renewable Diesel
  - 10.2.2.4. Others
- 10.2.3. Gaseous
10.3. Market Analysis, Insights, and Forecast - By Category
- 10.3.1. First-Generation
- 10.3.2. Second-Generation
- 10.3.3. Others
10.4. Market Analysis, Insights, and Forecast - By Application
- 10.4.1. Transport
- 10.4.2. Power Generation
- 10.4.3. Residential, Commercial & Industrial Heating
- 10.4.4. Others
10.5. Market Analysis, Insights, and Forecast - By Country
- 10.5.1. GCC Market Analysis, Insights, and Forecast - By Application
  - 10.5.1.1. Transport
  - 10.5.1.2. Power Generation
  - 10.5.1.3. Residential, Commercial & Industrial Heating
  - 10.5.1.4. Others
- 10.5.2. South Africa Market Analysis, Insights, and Forecast - By Application
  - 10.5.2.1. Transport
  - 10.5.2.2. Power Generation
  - 10.5.2.3. Residential, Commercial & Industrial Heating
  - 10.5.2.4. Others
- 10.5.3. Rest of MEA Market Analysis, Insights, and Forecast - By Application
  - 10.5.3.1. Transport
  - 10.5.3.2. Power Generation
  - 10.5.3.3. Residential, Commercial & Industrial Heating
  - 10.5.3.4. Others

11. Competitive Analysis

11.1. Company Market Share Analysis, 2024
11.2. Company Profile
- 11.2.1. Archer Daniels Midland
  - 11.2.1.1. Business Overview
  - 11.2.1.2. Product and Service Offerings
  - 11.2.1.3. Recent Developments
  - 11.2.1.4. Financials (Based on Availability)
Similar data will be provided for the below listed companies
- 11.2.2. Cargill Inc.
- 11.2.3. Neste Corporation
- 11.2.4. Bunge Limited
- 11.2.5. Wilmar International Ltd.
- 11.2.6. Louis Dreyfus Company
- 11.2.7. POET LLC
- 11.2.8. Green Plains Inc.
- 11.2.9. The Andersons Inc.
- 11.2.10. Raizen Energia SA
- 11.2.11. CropEnergies AG
- 11.2.12. Algenol

Product Code: FBI114282

List of Tables

Table 1: Global Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 2: Global Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 3: Global Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 4: Global Biofuels Market Revenue (USD Billion) Forecast, By Region, 2021-2034
Table 5: North America Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 6: North America Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 7: North America Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 8: North America Biofuels Market Revenue (USD Billion) Forecast, By Country, 2021-2034
Table 9: U.S. Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 10: Canada Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 11: Europe Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 12: Europe Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 13: Europe Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 14: Europe Biofuels Market Revenue (USD Billion) Forecast, By Country, 2021-2034
Table 15: Germany Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 16: France Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 17: Italy Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 18: U.K. Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 19: Spain Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 20: Netherlands Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 21: Rest of Europe Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 22: Asia Pacific Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 23: Asia Pacific Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 24: Asia Pacific Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 25: Asia Pacific Biofuels Market Revenue (USD Billion) Forecast, By Country, 2021-2034
Table 26: China Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 27: India Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 28: Japan Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 29: South Korea Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 30: Australia Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 31: Rest of Asia Pacific Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 32: Latin America Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 33: Latin America Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 34: Latin America Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 35: Latin America Biofuels Market Revenue (USD Billion) Forecast, By Country, 2021-2034
Table 36: Brazil Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 37: Argentina Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 38: Mexico Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 39: Chile Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 40: Rest of Latin America Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 41: Middle East & Africa Biofuels Market Revenue (USD Billion) Forecast, By Type, 2021-2034
Table 42: Middle East & Africa Biofuels Market Revenue (USD Billion) Forecast, By Category, 2021-2034
Table 43: Middle East & Africa Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 44: Middle East & Africa Biofuels Market Revenue (USD Billion) Forecast, By Country, 2021-2034
Table 45: GCC Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 46: South Africa Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034
Table 47: Rest of Middle East & Africa Biofuels Market Revenue (USD Billion) Forecast, By Application, 2021-2034

List of Figures

Figure 1: Global Biofuels Market Revenue Breakdown (USD Billion, %) by Region, 2025 & 2034
Figure 2: Global Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 3: Global Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 4: Global Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 5: Global Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 6: Global Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 7: Global Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 8: Global Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 9: Global Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 10: Global Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 11: Global Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 12: Global Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 13: Global Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 14: Global Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 15: Global Biofuels Market Value (USD Billion), by Region, 2025 & 2034
Figure 16: Global Biofuels Market Value Share (%), by Region, 2025
Figure 17: North America Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 18: North America Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 19: North America Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 20: North America Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 21: North America Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 22: North America Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 23: North America Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 24: North America Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 25: North America Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 26: North America Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 27: North America Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 28: North America Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 29: North America Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 30: North America Biofuels Market Value (USD Billion), by Country, 2025 & 2034
Figure 31: North America Biofuels Market Value Share (%), by Country, 2025
Figure 32: Europe Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 33: Europe Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 34: Europe Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 35: Europe Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 36: Europe Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 37: Europe Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 38: Europe Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 39: Europe Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 40: Europe Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 41: Europe Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 42: Europe Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 43: Europe Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 44: Europe Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 45: Europe Biofuels Market Value (USD Billion), by Country, 2025 & 2034
Figure 46: Europe Biofuels Market Value Share (%), by Country, 2025
Figure 47: Asia Pacific Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 48: Asia Pacific Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 49: Asia Pacific Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 50: Asia Pacific Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 51: Asia Pacific Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 52: Asia Pacific Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 53: Asia Pacific Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 54: Asia Pacific Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 55: Asia Pacific Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 56: Asia Pacific Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 57: Asia Pacific Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 58: Asia Pacific Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 59: Asia Pacific Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 60: Asia Pacific Biofuels Market Value (USD Billion), by Country, 2025 & 2034
Figure 61: Asia Pacific Biofuels Market Value Share (%), by Country, 2025
Figure 62: Latin America Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 63: Latin America Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 64: Latin America Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 65: Latin America Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 66: Latin America Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 67: Latin America Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 68: Latin America Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 69: Latin America Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 70: Latin America Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 71: Latin America Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 72: Latin America Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 73: Latin America Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 74: Latin America Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 75: Latin America Biofuels Market Value (USD Billion), by Country, 2025 & 2034
Figure 76: Latin America Biofuels Market Value Share (%), by Country, 2025
Figure 77: Middle East & Africa Biofuels Market Value Share (%), By Type, 2025 & 2034
Figure 78: Middle East & Africa Biofuels Market Forecast (USD Billion), by Solid, 2021-2034
Figure 79: Middle East & Africa Biofuels Market Forecast (USD Billion), by Liquid, 2021-2034
Figure 80: Middle East & Africa Biofuels Market Forecast (USD Billion), by Gaseous, 2021-2034
Figure 81: Middle East & Africa Biofuels Market Value Share (%), By Category, 2025 & 2034
Figure 82: Middle East & Africa Biofuels Market Forecast (USD Billion), by First-Generation, 2021-2034
Figure 83: Middle East & Africa Biofuels Market Forecast (USD Billion), by Second-Generation, 2021-2034
Figure 84: Middle East & Africa Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 85: Middle East & Africa Biofuels Market Value Share (%), By Application, 2025 & 2034
Figure 86: Middle East & Africa Biofuels Market Forecast (USD Billion), by Transport, 2021-2034
Figure 87: Middle East & Africa Biofuels Market Forecast (USD Billion), by Power Generation, 2021-2034
Figure 88: Middle East & Africa Biofuels Market Forecast (USD Billion), by Residential, Commercial & Industrial Heating, 2021-2034
Figure 89: Middle East & Africa Biofuels Market Forecast (USD Billion), by Others, 2021-2034
Figure 90: Middle East & Africa Biofuels Market Value (USD Billion), by Country, 2025 & 2034
Figure 91: Middle East & Africa Biofuels Market Value Share (%), by Country, 2025
Figure 92: Company Market Share Analysis, 2025

Biofuel Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034

Description

Table of Contents

List of Tables

Growth Factors of biofuels Market

Segmentation Analysis

Regional Outlook

Table of Content

1. Introduction

2. Executive Summary

3. Market Dynamics

4. Key Insights

5. Global Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

6. North America Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

7. Europe Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

8. Asia Pacific Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

9. Latin America Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

10. Middle East and Africa Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

11. Competitive Analysis

List of Tables

List of Figures