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Biofuels in North America

Publisher MarketLine
Published Jul 10, 2025
Length 43 Pages
SKU # MTLN20472788

Description

Biofuels in North America

Summary

Biofuels in North America industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Biofuels are renewable energy sources produced from organic materials or biomass. Biofuels help in reducing greenhouse gas emissions and are therefore used as a substitute for fossil fuels such as gasoline and diesel. Market volume represents the consumption of biofuel in a country in a specific year. Market value is calculated by multiplying market volume by the wholesale price of biofuel.
  • The North American biofuels market recorded revenues of $64,038 million in 2024, representing a compound annual growth rate (CAGR) of 3.8% between 2019 and 2024.
  • Market consumption volumes declined with a negative CAGR of 1.1% between 2019 and 2024, reaching a total of 425,354.1 thousand barrel in 2024.
  • The US accounted for 95.8% of the North American biofuels market in 2024, followed by Canada with a 3.5% share and Mexico with a 0.7% share.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biofuels market in North America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biofuels market in North America
  • Leading company profiles reveal details of key biofuels market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the North America biofuels market with five year forecasts by both value and volume
Reasons to Buy
  • What was the size of the North America biofuels market by value in 2024?
  • What will be the size of the North America biofuels market in 2029?
  • What factors are affecting the strength of competition in the North America biofuels market?
  • How has the market performed over the last five years?
  • What are the main segments that make up North America's biofuels market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What have been the recent developments?
8 Company Profiles
8.1. Poet LLC
8.2. Valero Energy Corp
8.3. Chevron Renewable Energy Group Inc
8.4. Neste Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: North America biofuels market value: $ million, 2019-24
Table 2: North America biofuels market volume: thousand barrels, 2019-24
Table 3: North America biofuels market category segmentation: % share, by value, 2019-24
Table 4: North America biofuels market category segmentation: $ million, 2019-24
Table 5: North America biofuels market geography segmentation: $ million, 2024
Table 6: North America biofuels market value forecast: $ million, 2024-29
Table 7: North America biofuels market volume forecast: thousand barrels, 2024-29
Table 8: Poet LLC: Key Facts
Table 9: Poet LLC: Key Employees
Table 10: Valero Energy Corp: Key Facts
Table 11: Valero Energy Corp: Annual Financial Ratios
Table 12: Valero Energy Corp: Key Employees
Table 13: Chevron Renewable Energy Group Inc: Key Facts
Table 14: Chevron Renewable Energy Group Inc: Key Employees
Table 15: Neste Corp: Key Facts
Table 16: Neste Corp: Annual Financial Ratios
Table 17: Neste Corp: Key Employees
Table 18: North America Exchange Rate, 2019-24
List of Figures
Figure 1: North America biofuels market value: $ million, 2019-24
Figure 2: North America biofuels market volume: thousand barrels, 2019-24
Figure 3: North America biofuels market category segmentation: $ million, 2019-24
Figure 4: North America biofuels market geography segmentation: % share, by value, 2024
Figure 5: North America biofuels market value forecast: $ million, 2024-29
Figure 6: North America biofuels market volume forecast: thousand barrels, 2024-29
Figure 7: Forces driving competition in the biofuels market in North America, 2024
Figure 8: Drivers of buyer power in the biofuels market in North America, 2024
Figure 9: Drivers of supplier power in the biofuels market in North America, 2024
Figure 10: Factors influencing the likelihood of new entrants in the biofuels market in North America, 2024
Figure 11: Factors influencing the threat of substitutes in the biofuels market in North America, 2024
Figure 12: Drivers of degree of rivalry in the biofuels market in North America, 2024

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