Advanced Biofuel Market

Global Advanced Biofuel Market Analysis and Opportunity Assessment by Processing Technology, Raw Material, Type, Region, and Country – Forecast 2022 – 2032

The market is expected to generate an incremental $ opportunity of US$ 9,727.0 Mn between 2022 and 2032

Category: Clean Energy & Power

|

ID: CVC-00189

|

Format: PDF+Excel Dataset

|

Published Date: October 2022

|

Pages: 300

Global Advanced Biofuel Market Size Analysis

According to a research survey conducted by ChemView Consulting, in 2022, the Global Advanced Biofuel Market was worth US$ 7,465.0 Mn and is expected to grow at a CAGR of 8.7% over the forecast period. While the historical CAGR is 7.8%, the market is expected to hit US$ 17,192.0 Mn by 2032 end.

“Advanced biofuels” refers to fuels produced from various biomass, including municipal, agricultural, and other wastes. The term “second-generation biofuels” is also used. It is more difficult to obtain the necessary fuel from these biofuels since they are derived from woody crops or lignocellulose biomass, sugars, non-starches, and agricultural waste.

Market Dynamic

THE DEMAND FOR CLEANER ENERGY SOURCES DRIVES THE MARKET

Increasing demand for cleaner energy sources to minimize carbon emissions is one of the main driving factors for the global market for advanced biofuels. The need for advanced biofuels has grown due to the measures taken by various governments. The development of the market for advanced biofuels has also been impacted by the use of biofuels in the automotive sector.

LACK OF AWARENESS IMPEDES THE MARKET

Lack of knowledge about the benefits offered by using advanced biofuels is a major market restraint for the global market for these fuels. Only a few countries have adopted biofuels as a result of this ignorance.

Market Segments Covered in Report

By Processing Technology:

  • Biochemical Process
  • Thermochemical Process

By Raw Materials:

  • Energy Crops
  • Municipal Solid Waste
  • Green Waste
  • Others

By Type:

  • Cellulosic Biofuel
  • Biodiesel
  • Bio-Butanol
  • Others

By Region and Country:

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest of Latin America)
  • Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
  • Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
  • Africa (South Africa, Nigeria, Egypt, Rest of Africa)

Segment-Wise Analysis

Why is the Bio-Butanol Segment considered to be the Primary Market Concern?

Biofuels are increasingly being used as a motor fuel; bio-butanols are anticipated to have the biggest revenue share. It is due to the use of raw materials from algae with a high yield and the enormous potential of bio-Butanols to reduce greenhouse gas emissions.

Why is Municipal Solid Waste being used as a major raw material source?

The main source of lignocellulose feedstock for advanced bioenergy is municipal solid waste and agricultural and forestry waste, grasses, and algae. These plants are little maintenance and may grow in wastewater. And in recent years, the manufacturing of sophisticated biofuels from energy crops has increased.

Region-Wise Analysis

The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa.

  • North America dominates the advanced biofuel market, with a 8% market share, thanks to rising demand for cleaner-burning transportation fuels, particularly in the United States. In addition, the target industry is anticipated to have significant growth shortly due to big players in the area and tactics executed by the major companies in North American countries.
  • Asia Pacific is projected to have the CAGR that stands out due to growing awareness of the use of advanced biofuels in emerging economies

Competition Analysis

Players actively increase production capacity and engage in acquisitions, mergers, and R&D activities to strengthen the market position.

The key developments in the Global Advanced Biofuel Market are:

  • In June 2019, the pioneer in bio-based chemicals, Genomatica, stated that it had acquired some of the assets of Renewable Energy Group Inc.’s REG Life Sciences subsidiary. The main source of advanced biofuels in North America is REG Life Sciences. Genomatica will create new, useful products using the assets it has acquired.
  • In June 2019, A team of multinational scientists created the scarification technique. Single sugar components are produced as a result of this process, and these components are further divided into bioethanol and biobutanol. The procedure is a two-step procedure for more effectively separating carbohydrates into sugar components.
  • In June 2019, A measure that would allow master limited partnerships to be used by investors in renewable energy projects was introduced in the state of the USA (MLA). MLPs are business structures taxed as partnerships but have ownership interests that are traded on the market like stocks of corporations. Investors in energy portfolios for oil, natural gas, coal, pipeline projects, and extraction were the only ones who could purchase MLPs in the past.

A list of some of the key suppliers present in the market are:

  • Fujian Zhongde Energy Co. Ltd.
  • DuPont Danisco Cellulosic Ethanol LLC
  • Bangchak Corporation PCL
  • POET-DSM Advanced Biofuels LLC
  • Clariant AG
  • Targray Technology International Inc.
  • Sundrop Fuels Inc.
  • INEOS Group Ltd.
  • Gevo Inc.
  • Blue Marble Biomaterials (formerly Blue Marble Energy)

Global Advanced Biofuel Market 2022-2032: Report Coverage and Highlights

  • Assessment of the historical and current market size (2017-2021), market projections (2022-2032), and its contribution to the parent market
  • Key drivers, restraints, opportunities, and key emerging trends impacting market growth
  • Predictions on critical supply, demand, and technological trends and changes in consumer behavior
  • Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
  • Segment-wise, country-wise, and region-wise market analysis
  • Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
  • Key product innovations and regulatory framework
  • Covid-19 impact on the market and how to navigate
  • Strategic market analysis and recommendations on crucial winning strategies
Research Scope Details
Forecast period 2022-2032
Historical data available for 2017-2021
Market analysis USD Million for Value and Tons for Volume, and CAGR from 2022 to 2030
Key regions covered North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa
Key countries covered US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt
Key segments covered By Processing Technology, Raw Materials, Type, and Region
Customization scope Available upon Request
Pricing and purchase options Available upon Request
  • Report Includes

    Market Size Data

    • Global market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and region
    • Regional level market size data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment and country
    • Country level market share data, historical (2018 to 2022) and forecast (2023 to 2033), by each segment
    • Market attractiveness analysis based on market share index and CAGR index for each of the segments and regions
    • Incremental dollar opportunity generated in the forecast period would be indicated
    • Key Takeaways, Recommendations, and key investment pockets for the relevant segments would be highlighted

    Market Background

    • Macroeconomic factors that impact the market developments
    • Market dynamics (Drivers, Restraints, Opportunities) that positively or negatively influence market growth
    • Supply Side and Demand Side trends – trends witnessed from buyers and suppliers side
    • Production and Consumption Gap Analysis – analysis of gap between production and consumption in any geography to fulfil unmet demand
    • Trade analysis and analysis of key supply and demand hubs
    • Identification of hotbed opportunities existing in the market
    • Porter’s and PEST analysis to understand the business environment of the geography
    • Regulatory scenario – Identification of key sector specific and trade regulations, and assessment of whether it helps or hinder market development & growth

    Pricing Analysis

    • Regional-level product pricing analysis to set and benchmark your current or future product offerings across each product type
    • Historical and projected pricing trends of the product which helps in determining the product’s price and/or services beneficial for companies product lifecycle
    • Cost teardown analysis and key factors impacting pricing

    Value Chain Analysis

    • Country-wise list of raw material suppliers
      • Raw material price trends and buyers’ sentiment
      • Overview of Intelligent Sourcing Technique
      • Raw material procurement requirements
      • Vendor selection criteria
    • Country-wise list of product manufacturers
    • Country-wise list of distributors/traders
    • Country-wise list of end-users
      • End-Users/Customers consumption mapping
      • Key End-Users/Customers client list
    • Country-wise list of other key channel partners
    • Average profitability margins
    • Regional value chain dynamics

    Competition Analysis

    • Market shares and production capacities of key players
    • Tier structure analysis of market
    • Comprehensive competition dashboard representing the top 10-15 players in the market
    • Individual company profiles of top 15 to 20 manufacturers
      • Business Overview
      • Product Portfolio
      • Key Financials
      • Recent Developments
      • SWOT Analysis
      • Strategies

Country Coverage
North America: U.S., Canada
Latin America: Brazil, Mexico, Argentina, Central America, Rest of Latin America
Western Europe: Germany, Italy, France, UK, Spain, Poland, Romania, Rest of Western Europe
Eastern Europe: Russia & Belarus, Balkan Countries, Baltic Countries, Central Asia, Rest of Eastern Europe
Middle East & Africa: KSA, UAE, Turkey, Israel, Northern Africa, South Africa, Rest of Middle East & Africa
East Asia: China, Japan, South Korea
South Asia & Pacific: India, ASEAN, Australia & New Zealand, Rest of South Asia & Pacific

Why Choose CVC Market Research?;

  • Specialized market research company
  • Impeccable and deep industry expertise
  • Wide range of offerings
  • Robust research methodology and statistical models with least deviation
  • Extensive reports and full-service consulting
  • Expert panel sanctioned industry outlook
  • Growth dynamics for calculated investments
  • Tri-level quality guarantee
  • 6 months unlimited post-sales support
  • Regular planned and contracted report updates

Frequently Asked Questions

In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 8.7%.

Because biofuels are increasingly being used as motor fuel, bio-butanols are anticipated to have the biggest revenue share.

Key Global Advanced Biofuel Market players are Fujian Zhongde Energy Co. Ltd., DuPont Danisco Cellulosic Ethanol LLC, Bangchak Corporation PCL, POET-DSM Advanced Biofuels LLC, Clariant AG, Targray Technology International Inc., Sundrop Fuels Inc.

Lack of knowledge about the benefits offered by using advanced biofuels is a major market restraint for the global market for these fuels.

North America is expected to account for the largest market revenue share in the Global Advanced Biofuel market.

  1. Executive Summary
    • Global Market Snapshot
    • Key Success Factors
    • Strategic Analysis and Recommendations
  2. Market Overview
    • Market Taxonomy
    • Market Definitions
  3. Research Methodology
    • Preliminary Investigation & Research Design
    • Secondary Research & Primary Research
    • Data Analysis & Econometric Modelling
    • Expert Data Validation
  4. Key Emerging Trends Analysis
    • Supply-Side Trends
    • Demand-Side Trends
  5. Global Advanced Biofuel Market Value (US$ Mn) and Volume (Tons) Analysis
    • Global Market Value (US$ Mn) Analysis, 2017 – 2032
    • Incremental $ Opportunity Index, 2022-2032
    • Global Market Volume (Tons) Analysis, 2017 – 2032
  6. Global Advanced Biofuel Market Pricing Analysis
    • Regional Level Pricing Analysis and Forecast
      • Manufacturers Level Pricing
      • Distributor Level Pricing
    • Global Pricing Analysis Benchmark
    • Cost Breakdown Analysis
  7. Cross-Sectional Analysis
    • Cross Analysis of Raw Materials W.R.T. Product Processing Technology
  8. Supply Vs. Demand Analysis
    • Regional Supply Vs. Demand Gap Assessment
    • Top Producing Countries Analysis
  9. Market Background
    • Macroeconomic Factors
    • Forecast Factors
    • Market Dynamics
      • Driver
      • Restraint
      • Opportunity
    • Supply Chain Analysis
      • List Raw Material Suppliers
      • List of Manufacturers
      • List of Distributors
      • List of Raw Materials
      • Average Profitability Margin Analysis
    • Covid-19 Impact Assessment
      • Economy/Cluster Projections
      • Covid-19 Economic Assessment
      • Potential Impact on Target Market
      • Recovery Scenario
    • Regulatory Framework
      • Regulations of Key Countries
      • Potential Impact of Regulations
    • Porter’s Five Forces Analysis
    • Processing Technology Landscape
  10. Global Advanced Biofuel Market 2017 – 2032 By Processing Technology
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Processing Technology [Value (US$ Mn) and Volume (Tons) Analysis]
      • Biochemical Process
      • Thermochemical Process
    • Market Attractiveness Analysis By Processing Technology
  11. Global Advanced Biofuel Market 2017 – 2032 by Raw Materials
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Raw Materials [Value (US$ Mn) and Volume (Tons) Analysis]
      • Energy Crops
      • Municipal Solid Waste
      • Green Waste
      • Others
    • Market Attractiveness Analysis by Raw Materials
  12. Global Advanced Biofuel Market 2017 – 2032 by Type
    • Introduction
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Type [Value (US$ Mn) and Volume (Tons) Analysis]
      • Cellulosic Biofuel
      • Biodiesel
      • Bio-butanol
      • Others
    • Market Attractiveness Analysis by Type
  13. Global Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032by Region
    • Introduction
    • Key Market Trends
    • Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
      • North America
      • Latin America
      • Europe
      • Asia-Pacific
      • Middle East
      • Africa
    • Market Attractiveness Analysis by Region
  14. North America Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2022-2033
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • U.S.
        • Canada
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  1. Latin America Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  1. Europe Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Netherlands
        • Norway
        • Russia
        • Rest of Europe
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  1. Asia-Pacific Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • China
        • Japan
        • South Korea
        • India
        • Indonesia
        • Thailand
        • Vietnam
        • Australia & New Zealand
        • Rest of Asia-Pacific
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  1. Middle East Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • Saudi Arabia
        • Turkey
        • U.A.E.
        • Rest of the Middle East
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  1. Africa Advanced Biofuel Market Historical Analysis 2017 – 2021 and Forecast 2023 – 2032
    • Introduction
    • Key Market Trends
    • Pricing Analysis
    • Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
      • By Country
        • South Africa
        • Nigeria
        • Egypt
        • Rest of Africa
      • By Processing Technology
      • By Raw Materials
      • By Type
    • Market Attractiveness Analysis
      • By Country
      • By Processing Technology
      • By Raw Materials
      • By Type
  2. Competition Analysis
    • Tier Structure Breakdown
    • Market Share Analysis
    • Production Capacity Analysis
    • Company Footprint Analysis
      • Product Footprint of Players
      • Regional Footprint of Players
      • Channel Footprint of Players
    • Competition Dashboard
  3. Company Profiles
    • Fujian Zhongde Energy Co. Ltd.
      • Company Overview
      • Product & Financial Portfolio
      • Manufacturing Facilities
      • Recent Developments
      • SWOT Analysis
      • Strategy Overview
    • DuPont Danisco Cellulosic Ethanol LLC
    • Bangchak Corporation PCL
    • POET-DSM Advanced Biofuels LLC
    • Clariant AG
    • Targray Technology International Inc.
    • Sundrop Fuels Inc.
    • INEOS Group Ltd.
    • Gevo Inc.
    • Blue Marble Biomaterials (formerly Blue Marble Energy)
  4. Assumptions and Acronyms

User License

Single User License
Multi User License
Corporate User License
Data Pack/Excel

We Accept

Chem view Chem view Chem View Chem view
Chem View

Safe & Secure Payments

Let us Help You!

Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

Connect with Us!

    Let us Help you!

    Facing issues finding the exact research to meet your business needs? Let us help you! One of our Research Executives will help you locate the research study that will answer your concerns.

    Speak to Analyst

    Connect with Us!