Biofuels Market Size, Growth, COVID-19 Impact Analysis, Trend, Drivers, Restraints, and Forecast to 2027
Biofuels Market Size – $ 136.20 Billion in 2019, Market Growth – 7.8% CAGR
VANCOUVER, BRITISH COLUMBIA, CANADA, October 19, 2021 /EINPresswire.com/ – The global biofuels market is expected to reach $ 247.38 billion by 2027, according to a new report from Emergen Research. The growth of this market can be attributed to growing consumer awareness of the environment and increasing government supportive policies and initiatives regarding the adoption of biofuels to reduce carbon dioxide emission levels in the industry. ‘environment. Advancing research and development for the production of profitable biofuels increases demand for the industry.
Emergen Research’s latest paper titled “Global Biofuels Market – Forecast to 2027” is one of the most researched market reports involving in-depth analysis of the global biofuels market. This report on Global Biofuels Market presents an in-depth study which majorly focuses on key players and their business stratagem, geographic extent, market segments, competitive landscape, manufacturing, and price and cost structures. The authors of the report have provided the necessary details on the latest biofuels market trends and crucial parameters impacting the market growth in the short and long term.
The main companies in the market are: Archer Daniels Midland Company, Abengoa Bioenergy, Petrobras, Green Plains, Valero Energy Corporation, Bajaj Hindusthan Ltd, Renewable Energy Group, Inc., Royal Dutch Shell, POET, LLC and Pacific Ethanol, Inc.
You can download a free sample PDF copy of Biofuels Marketplace at https://www.emergenresearch.com/request-sample/114
Highlights of the report
Ethanol dominated the market with a 61.5% share in 2019 due to its higher efficiency and lower carbon dioxide emission levels.
The huge demand for maize for biofuel production is mainly due to its greater availability and lower price. Excessive use of corn around the world leads to the scarcity of corn-based food products.
The growing demand for liquid biofuel is mainly due to its increasing use in the transportation sector, mainly the aviation segment.
North America dominated the market with a share of 48.6% in 2019, due to the presence of a significant amount of raw material. In addition, the United States is a major producer of biofuels and also uses them in the transportation sector.
Objectives of the report
Analyze the performance of different regions and countries in the global biofuels market.
Examine the size of the Global Biofuels Market based on the parameters of value and volume.
Provide an in-depth introduction to the major players in the Global Biofuels Market and show how they compete in the industry.
Study the manufacturing processes and costs, product prices and the various trends associated with them.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Biofuels Market.
Explore the underlying dynamics of the global biofuels market.
Highlight the significant trends of the Global Biofuels Market based on factors such as production, revenue and sales.
Forecast the market size and share of all segments and regions of the global landscape.
Major market players are adopting various strategies such as mergers and acquisitions, product launches, partnerships, collaborations and brand promotions to maintain their market position and improve their product base. The report also throws light on market players in the global Biofuels Market with important details about each market player such as their global position, financial standing, production and manufacturing capacity, licensing agreement, and plans. business expansion.
We have recent biofuels market updates in sample copy: https://www.emergenresearch.com/request-sample/114
Major market players are adopting various strategies such as mergers and acquisitions, product launches, partnerships, collaborations and brand promotions to maintain their market position and improve their product base.
Key questions addressed in the report:
What are the key factors driving the global Biofuels Market?
Who are the main manufacturers in this market space?
Who are the distributors, traders and resellers in this market?
What are the market opportunities and risks affecting the performance of vendors in the global Biofuels market?
The main objective of the report is to offer accurate information to readers and investors and help them to invest after understanding the market dynamics at a glance. The report offers in-depth insights into the competitive landscape of the global biofuels market with detailed profiling of each market player with their global position, financial standing, business expansion plans, and licensing agreement.
Geographical landscape of the global biofuels market – Synopsis:
The report closely studies the growth trajectory of the global biofuels market. It highlights the global dominance of major regional segments including North America, Asia Pacific, Europe, Latin America, Middle East and Africa.
The study develops the crucial information relating to the regional market share. It simultaneously focuses on the important details of the growth patterns of each regional market.
Moreover, the report contains an exhaustive geographical study of the market, emphasizing the business growth prospects and market obstacles for each of the key regions of the market.
Find out more about the report @ https://www.emergenresearch.com/industry-report/biofuels-market
Emergen Research has segmented the global biofuels market on the basis of product type, feedstock, shape, and region:
Outlook Product Type (Revenue, USD Billion; 2017-2027)
Commodity Outlook (Revenue, USD Billion; 2017-2027)
Outlook Form (Revenue, Billions USD; 2017-2027)
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Chapter 1. Methodology and sources
1.1. Definition of the biofuels market
1.2. Scope of research
1.4. Research sources
1.4.3. Paid sources
1.5. Biofuels market estimation technique
Chapter 2. Executive summary
2.1. Summary overview, 2021-2028
Chapter 3. Main information
Chapter 4. Biofuels Market Segmentation and Impact Analysis
4.1. Biofuels Market Materials Segmentation Analysis
4.2. Industrial outlook
4.2.1. Analysis of biofuels market indicators
4.2.2. Analysis of biofuels market drivers
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About Emergen Recherche
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