PUBLISHER: TechNavio | PRODUCT CODE: 1291014
PUBLISHER: TechNavio | PRODUCT CODE: 1291014
The biofuels market is forecasted to grow by USD 31.77 billion during 2022-2027, accelerating at a CAGR of 3.92% during the forecast period. The report on the biofuels market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased adoption of renewable sources of energy, the rising need for cleaner fuels, and increasing government support.
Technavio's biofuels market is segmented as below:
By Application
By Product
By Geographical Landscape
This study identifies the research on third-generation biofuel called algae fuel as one of the prime reasons driving the biofuel market growth during the next few years. Also, the expansion of advanced biofuels and the need to comply with environmental regulations will lead to sizable demand in the market.
The report on the biofuels market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biofuels market vendors that include Advance Biofuel, Alten SA, ALTO INGREDIENTS INC., Archer Daniels Midland Co., Argent Energy UK Ltd., BlueFire Renewables Inc., Bunge Ltd., Cargill Inc., Chevron Corp., ENERKEM Inc., KFS Biodiesel GmbH and Co. KG, Louis Dreyfus Co. BV, Munzer Bioindustrie GmbH, Neste Corp., POET LLC, RB FUELS, Shell plc, Valero Energy Corp., Vance Group Ltd., and Wilmar International Ltd.. Also, the biofuels market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Exhibits: