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Advanced Biofuels - Global Market Outlook (2020 -2028)

Advanced Biofuels - Global Market Outlook (2020 -2028)

4.3 (65 reviews)
Published: April 2021 ID: SMRC20415
4.3 (65 reviews)
Published: April 2021 ID: SMRC20415

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Advanced Biofuels Market is accounted for $32.67 billion in 2020 and is expected to reach $393.79 billion by 2028 growing at a CAGR of 36.5% during the forecast period. Some of the factors such as the limited availability of fossil fuel-based resources and growing awareness regarding curbing carbon emissions are driving the market growth. However, the high production cost of advanced biofuels is hampering market growth.

 

advanced-biofuels-fig-42.png

Advanced biofuels, also known as second-generation biofuels, can be produced from different types of non-food biomass. Non-food biomass encompasses waste materials from animals or plants, which are not used for food or feed, which is often used in horticulture of farming, animal farming, food processing, or human waste, used especially as a source of fuel.

Based on the advanced biofuel type, the biodiesels segment is estimated to have a huge demand owing to the usage of great-yield algae raw material and the huge potential of biodiesels to reduce the reduction of greenhouse gas emissions.

By geography, the Asia Pacific is going to have lucrative growth during the forecast period. Stringent government policies related to the land-use change and use of renewable sources have compelled manufacturers and researchers to innovate and develop new technology, which can replace fossil fuel.

Some of the key players profiled in the Advanced Biofuels Market include Chemtex Group, Diamond Green Diesel, Algenol Biofuels, Emerald Biofuels, Fiberight LLC, Neste Oil, Inbicon, GranBio, Renewable Energy Group, KiOR Inc., ZeaChem Inc., Sundrop Fuels, Inc., LanzaTech, Green Biologics, Sinopec, Bankchak Petroleum, A2BE Carbon Capture, LLC, DuPont Industrial Biosciences, and Fujian Zhongde Energy Co., Ltd.
 
Processes Covered:
• Biochemical Process
• Thermochemical Process

Advanced Biofuel Types Covered:
• Bio-Butanol
• Biodiesels
• Biogas
• Cellulosic Advanced Biofuels
• Ethanol from Non-Corn Starch
• Bio-Dimethyl Ether (DME)

Raw Materials Covered:
• Algae
• Camelina
• Jatropha
• Lignocellulose
• Syngas/ biomass /MSW
• Other Raw Materials

End Users Covered:
• Automotive
• Aviation
• Industrial Fuels
• Transportation Fuels
• Chemical Industry

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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