Biofuels Market Is Predictable to Touch USD 4,596.15 Million by 2029, Size, Share, Business Opportunities, Demand, Upcoming Trends, Segmentation and Revenue Outlook

The favorable initiatives by government associated with environmental regulations to increase demand for bio-source based energy resources, will further extend profitable opportunities to the market players in the forecast period

BRISBANE, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Data Bridge Market Research has recently published a Report, titled, "Biofuels Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and competitive landscape. This Biofuels report was produced using a combination of the most insightful information about the sector, the most practical solutions, the most talent-focused solutions, and the most recent technology. It comprises strategies that primarily involve new product launches, expansions, agreements, joint ventures, collaborations, and acquisitions, as well as a variety of other moves that enhance their footprints in this market. This analysis of the Biofuels market sheds light on a number of different submarkets that are anticipated to experience the most rapid expansion of their respective businesses throughout the time frame covered by the estimate and forecast. You may make quick and easy business judgments thanks to the research, insights, and analyses that are discussed in the report. These provide you with a coherent understanding of the market, which allows you to make those decisions.

The global biofuels market was valued at USD 2,675.00 million in 2021 and is expected to reach USD 4,596.15 million by 2029, registering a CAGR of 7.00% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Download the Exclusive Sample of the Biofuels Market Report in PDF Version @

Biofuels are gaseous or liquid substances produced from biomass that can be used as an alternative to various fossil fuels. They are the leading solution for the energy security, environmental security, and economic security issues associated with petroleum and petro-products dependency.

The limited availability of fossil fuel-based resources and growing awareness about curbing carbon emissions are the factors that are likely to boost the growth of the market. The U.S. has been the leading country in developing and utilizing biofuel globally. For instance, the Energy Independence and Security Act (EISA) of 2007 state to implement of biofuel blending and has been made mandatory in the U.S. for transportation of fuels. transportation fuel should contain a volume of 36.0 billion gallons as biofuels in the form of velnding by the year 2022.

The Global Research Report Provides a Detailed Analysis of the Market. Based on Competitive Intensity and How the Competition Will Take Shape in Coming Years.

The Global Biofuels Market is witnessing tremendous growth owing to the rapidly rising demands, a surge in industrialization, consumer awareness, emerging industries, and technological advancements. The industry has reported exponential revenue growth and sales volume. Factors driving the growth of the market are anticipated to boost the market size and boost the growth of the market throughout the forecast period.

The leading companies of the Biofuels industry are engaging in various developmental activities such as product developments, extensive product research, innovations, and advancements in product processes to re-launch updated products in the market to gain substantial customer base and market size. The report consists of all the business strategies adopted by the companies along with their financial standing, revenue, gross margin, and growth rate.


  • Regulations boosting demands for eco-friendly energy resources

The favorable initiatives by government associated with environmental regulations to increase demand for bio-source based energy resources, will further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. The European Commission and other federal government agencies create new laws and regulations, such as the Eco-product Certification Scheme (E.C.S.). These regulations guarantee low or no harmful emissions and a green and sustainable environment. To produce more environmentally friendly fuels, these regulations incentivize coatings companies to invest in bio-based sources for fuels. Government regulations in the U.S. and Western Europe, especially those pertaining to air pollution, will continue to support cutting-edge, low-pollution coating technology.

Some of the major players operating in the Biofuels market are

  • Biofuels Digest. (U.S.)
  • Neste Niederlande B.V. (Netherlands)
  • Infinita Biotech Private Limited. (France)
  • Gruppo Marseglia (Italy)
  • Glencore (Switzerland)
  • Louis Dreyfus Company (Netherlands)
  • Chevron (U.S.)
  • RB FUELS (U.S.)
  • Ag Processing Inc a cooperative (U.S.)
  • Elevance Health. (U.S.)
  • Marathon Petroleum Corporation (U.S.)
  • Evergreen Biofuels Holding Sdn Bhd (U.S.)
  • Minnesota Soybean Processors (U.S.)
  • CropEnergies AG (Germany)
  • E.N.F. Ltd. (U.K.)

Access Full PDF Research Report @

The investment made in the study would provide you access to information such as:

  • Global Biofuels Market [Global – Broken-down into regions]
  • Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
  • Country wise Market Size Split [of important countries with major market share]
  • Market Share and Revenue/Sales by leading players
  • Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
  • Market Size
  • Market Size by application/industry verticals
  • Market Projections/Forecast


  • Numerous benefits of biofuels

With the rising need for environment-friendly energy sources, scientists are racing against time to ensure that they develop the most efficient energy source. Biofuels, as of now, is leading the contenders. They are also highly used across the automobile sector as an alternative to vehicular fuels. These factors are driving the growth of the market over the forecasted period.

Segmentation Covered: Biofuels Market

Fuel Type

  • Biodiesel
  • Ethanol
  • Bioethanol
  • Propanol
  • Butanol
  • Biogas


  • Solid
  • Fuel Pellets Liquid
  • Gaseous

Feedstock Type

  • Palm Oil
  • Jatropha
  • Sugar Crop
  • Coarse Grain

Browse a Detailed Summary of the Research Report @

Biofuels Market Regional Analysis/Insights:

The countries covered in the biofuels market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (M.E.A.) as a part of the Middle East and Africa (M.E.A.), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth in this region is attributed to the increasing supportive policies extended by the government, such as tax incentives provided by the government, along with the increasingly robust policies for encouraging production and consumption within the region.

Asia-Pacific, on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029 due to the rapid economic development and rising research and development activities within the region.

Benefits of Considering this report:

  • This biofuels report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
  • A complete picture of the competitive scenario of Biofuels market is depicted by this report.
  • The report consists of a vast amount of data about the recent product and technological developments in the markets.
  • The extensive spectrum of analysis regarding the impact of these advancements on the future of market growth.
  • The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
  • Components such as market drivers, restraints, challenges, and opportunities for Biofuels market are explained in detail.
  • It also provides a complete assessment of the expected behavior about the future market and changing market scenario.
  • Making an informed business decision is a tough job; this report offers several strategic business methodologies to support you in making those decisions.

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Global Biofuels Market: Regulations
  6. Market Overview
  7. Global Biofuels Market, By Fuel Type
  8. Global Biofuels Market, By Form
  9. Global Biofuels Market, By Feedstock Type
  10. Global Biofuels Market, By Region
  11. Global Biofuels Market: Company Landscape
  12. SWOT Analyses
  13. Company Profile
  14. Questionnaires
  15. Related Reports

For More Insights Grab Full TOC @

Browse More Reports:

  • Biofuel Enzyme Market, By Application (Lignocellulosic Ethanol, Biodiesel, Corn/ Starch- Based Ethanol and Others), Type (Cellulase, Amylase, Xylanase, Lipase and Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)
  • Biofuel Lubricity Improvers Market, Application (Diesel Fuel Additives, Heavy Fuel Oil Additives, Shipping Fuel Additives, Gasoline Fuel Additives, and Others) Biofuel type (Bioethanol, Biodiesel) Lubricity Type (Acid and Ester) Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, And Rest Of Middle East and Africa)
  • Silicon Nitride Market, By Type (Reaction Bonded Silicon Nitride, Hot Pressed Silicon Nitride, Sintered Silicon Nitride), End-User (Automotive, Photovoltaic, General Industry, Aerospace, Medical, Others), Grade (Standard Grade, High Purity Grade), Application (Reciprocating Engine Components, Bearings, Metal Working Tools, Electronic Circuit Manufacturing, Medical Devices), and Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, UK, Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, UAE, Saudi Arabia, Egypt, South Africa, Israel, Rest of the Middle East and Africa)

About Data Bridge Market Research:

An absolute way to forecast what future holds is to comprehend the trend today!

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

Contact Us:

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475