Market Research Logo

Global Biofuels Market 2017-2021

Global Biofuels Market 2017-2021

About Biofuels

Biofuels are renewable fuels that are produced through biological processes such as anaerobic digestion or agriculture, rather than the fuels produced through geological processes such as coal and petroleum. Biofuels primarily include ethanol and biodiesel and have numerous advantages such as lower carbon emissions over fossil fuels.

Technavio’s analysts forecast the global biofuels market to grow at a CAGR of 3.87% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global biofuels market for 2017-2021. To calculate the market size, the report considers the production of biofuels.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Biofuels Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Archer Daniels Midland
  • Cargill
  • INEOS
  • NESTE
  • Renewable Energy Group
Other prominent vendors
  • Algenol
  • Altenesol
  • Argent Energy
  • Bay Biodiesel
  • biomax fuels
  • BIOX
  • Bunge
  • Butamax Advanced Biofuels
  • China National Petroleum
  • DuPont
  • Ecodiesel Colombia
  • Fiberight
  • Fujian Zhongde Energy
  • FutureFuel
  • GeoGreen Biofuels
  • GranBio
  • Green Plains
  • Jiangsu Yueda Kate New Energy
  • KFS Biodiesel
  • Koch FHR
  • Longyan Zhuoyue New Energy
  • Louis Dreyfus Company
  • RB FUELS
  • Solfuels
  • Valero Marketing and Supply Company
  • Vance Group
  • White Mountain Biodiesel
  • Wilmar International
  • YAMUNA BIO ENERGY
Market driver
  • Increased adoption of renewable sources of energy
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in oil prices
  • For a full, detailed list, view our report
Market trend
  • Research on third-generation biofuel: Algae fuel
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Biofuels Market 2017-2021

Technavio recognizes the following companies as the key players in the global biofuels market: Archer Daniels Midland, Cargill, INEOS, NESTE, and Renewable Energy Group

Other Prominent Vendors in the market are: Algenol, Altenesol, Argent Energy, Bay Biodiesel, biomax fuels, BIOX, Bunge, Butamax Advanced Biofuels, China National Petroleum, DuPont, Ecodiesel Colombia, Fiberight, Fujian Zhongde Energy, FutureFuel, GeoGreen Biofuels, GranBio, Green Plains, Jiangsu Yueda Kate New Energy, KFS Biodiesel, Koch FHR, Longyan Zhuoyue New Energy, Louis Dreyfus Company, RB FUELS, Solfuels, Valero Marketing and Supply Company, Vance Group, White Mountain Biodiesel, Wilmar International, and YAMUNA BIO ENERGY.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Research on third-generation biofuel: Algae fuel. First-generation biofuels are produced using vegetable oil, starch, sugar, and animal fats. Second-generation biofuels, known as advanced biofuels, are produced from feedstock that is not consumed as food. Second-generation fuels are produced using non-food crops such as wood (sawdust), organic waste (corn-Stover), and specific biomass plants such as jatropha, camelina, and switchgrass. Biofuel technology has further evolved with the introduction of third-generation biofuels. Third-generation biofuels are derived from algae that offer numerous advantages over other sources in producing biofuels.”

According to the report, one of the major drivers for this market is Increased adoption of renewable sources of energy. Rise in GHG emissions is of prime concern to mankind nowadays as these emissions have harmful implications and can cause valuable ozone layer depletion, resulting in global warming, melting of ice caps, and change in weather conditions. The need to reduce GHG emissions and prevent the degradation of the environment are the major driving forces for the rapid adoption of renewable sources of energy.

Further, the report states that one of the major factors hindering the growth of this market is Fluctuations in oil prices. Biofuels have direct competition from convention fossil fuels. The global oil and gas industry is highly dependent on crude oil prices. Crude oil prices have witnessed several highs and lows in the recent past. Also, the crude oil price cycle has not exhibited a consistent trend over the past few years. The prices of crude oil crashed from over $100/bbl in June 2014 to around $50/bbl in December 2016. This project the volatile nature of the global crude oil market. The whole petroleum industry has witnessed a decline in growth owing to frequent fluctuations in crude oil prices. This in turn can affect the alternate fuels market, which is still at a growing stage with a relatively low share in global fuel consumption.

Companies Mentioned

Archer Daniels Midland, Cargill, INEOS, NESTE, Renewable Energy Group, Algenol, Altenesol, Argent Energy, Bay Biodiesel, biomax fuels, BIOX, Bunge, Butamax Advanced Biofuels, China National Petroleum, DuPont, Ecodiesel Colombia, Fiberight, Fujian Zhongde Energy, FutureFuel, GeoGreen Biofuels, GranBio, Green Plains, Jiangsu Yueda Kate New Energy, KFS Biodiesel, Koch FHR, Longyan Zhuoyue New Energy, Louis Dreyfus Company, RB FUELS, Solfuels, Valero Marketing and Supply Company, Vance Group, White Mountain Biodiesel, Wilmar International, YAMUNA BIO ENERGY

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Ethanol dry milling process
      • Table Ethanol wet milling process
      • Table Biodiesel production process
  • Market landscape
    • Market overview
      • Table Segmentation of the global biofuels market
    • Market size and forecast
      • Table Global biofuels market 2016-2021 ($ billions)
      • Table Global biofuels production 2016-2021 (million gallons)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global biofuels market by product type
      • Table Global biofuels market by product 2016 and 2021 (%)
      • Table Global biofuels market by product type 2016-2021 ($ billions)
    • Global biofuels market by ethanol
      • Table Global biofuels market by ethanol 2016-2021 ($ billions)
      • Table Global ethanol production 2016-2021 (billion gallons)
    • Global biofuels market by biodiesel
      • Table Global biofuels market by biodiesel 2016-2021 ($ billions)
      • Table Global biodiesel production 2016-2021 (billion gallons)
  • Geographical segmentation
    • Global biofuels market by geography
      • Table Global biofuels market by geography 2016 and 2021 (%)
      • Table Global biofuels market by geography 2016-2021 ($ billions)
    • Biofuels market in the Americas
      • Table Biofuels market in the Americas 2016-2021 ($ billions)
      • Table Brazil and the US biofuels production 2016-2021 (million gallons)
      • Table Main biofuel mandates driving the market in the Americas
    • Biofuels market in the EMEA
      • Table Biofuels market in EMEA 2016-2021 ($ billions)
      • Table Biofuels production in EU 2016-2021 (million gallons)
    • Biofuels market in the APAC
      • Table Biofuels market by APAC 2016-2021 ($ billions)
      • Table Biofuels production China, Thailand, and India 2016-2021 (million gallons)
      • Table Main biofuel mandates driving the market in APAC
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global net electricity generation from renewables 2012-2040 (trillion kilowatt hours)
      • Table Average biodiesel emissions compared with conventional diesel
    • Market challenges
      • Table Global crude oil price 2007-2016 ($/bbl)
      • Table Average retail fuel prices of conventional and alternative fuels in the US July 2017
  • Market trends
    • Research on third-generation biofuel: Algae fuel
    • Increased investments in biofuels
    • Need to comply with environmental regulations
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors (indicative list)
  • Key vendor analysis
    • Archer Daniels Midland
      • Table Archer Daniels Midland: Key products
    • Cargill
      • Table Cargill business categories
      • Table Cargill: Key products
    • INEOS
      • Table INEOS: Key products
    • NESTE
      • Table NESTE: Business areas
      • Table Neste: Key products
    • Renewable Energy Group
      • Table Renewable Energy Group: Key products
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report