Global Biofuels Sales Market Report 2021

Biofuels are non-fossil fuels. They are energy carriers that store the energy derived from organic materials (biomass), including plant materials and animal waste. First-generation biofuels are currently produced from food crops such as sugar cane and rapeseed. They include bioethanol (made from sugars and starch) and biodiesel (made from vegetable oil). Second-generation biofuels are under development and will be derived from non-food plant matter such as crop residues and agricultural or municipal wastes. They include bioethanol made from cellulosic materials such as straw or wood.
The two most widely used types of biofuels are bioethanol and biodiesel, so this report only focuses on bioethanol and biodiesel.
The market of biodiesel is quite separated. In 2015, the market share of the five largest companies accounted for 20.42% of global market, which are REG, Diester Industries, Neste Oil Rotterdam, ADM and Louis Dreyfus. The global production of biodiesel reached 27768 K MT in 2015. EU is the biggest production base and consumption area of biodiesel, followed by USA, South America and China. Though enjoying a high share in fuel market, in many European countries, the biodiesel industry are threatened by overcapacity. In China, the market of biodiesel fuel is also in a tough situation, since governmental supports from local authorities are very limited.

Market Analysis and Insights: Global Biofuels Market
The global Biofuels market was valued at US$ 72830 in 2020 and will reach US$ 95940 million by the end of 2027, growing at a CAGR of 4.7% during 2022-2027.

Global Biofuels Scope and Market Size
The global Biofuels market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Biofuels market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Bioethanol
Biodiesel

Segment by Application
Industrial Fuels
Transportation Fuels
Chemical Industry

The Biofuels market is analysed and market size information is provided by regions (countries). Segment by Application, the Biofuels market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Diester Industries
Neste Oil Rotterdam
ADM
Infinita Renovables
Biopetrol
Cargill
Ital Green Oil
Glencore
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum Corporation
Evergreen Bio Fuels
Minnesota Soybean Processors
Caramuru
Jinergy
Hebei Jingu Group
Longyan Zhuoyue
Shandong Jinjiang