Growing environmental awareness and increasing government supportive policies and initiatives regarding the adoption of biofuels are driving the demand of the market.
The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The 777 report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.
The global Biofuels Market is expected to reach USD 247.38 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the growing environmental awareness among consumers and increasing government supportive policies and initiatives regarding the adoption of biofuels to reduce the emission levels of carbon dioxide in the environment. Advancing research and development for the production of cost-effective biofuels is augmenting the demand for the industry.
Ethanol dominated the market with a share of 61.5% in 2019 due to its higher efficiencies and lower emission levels of carbon dioxide.
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Revenue and cost profit analysis of major player dominating the Biofuels market
Competitive landscape benchmarking with a focus on business profiles, product portfolio, business strategies such as M&A activities, revenue, market positions, market share, global position, and financial standing
Key participants include 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., among others.
Global Biofuels Market COVID-19 Analysis
The report offers an extensive analysis of the factors that are likely to influence the growth of the industry. The research study considers the COVID-19 pandemic a key growth influencing factor. The pandemic has negatively impacted the Biofuels industry through disruptions in global supply chains and grueling economic conditions. The report extensively analyzes the impact of the pandemic on the Biofuels market on a global as well as regional scale. To be updated, the report is furnished with the latest impact of the currently unfolding coronavirus pandemic on the Biofuels industry. The pandemic began in late 2019 and hit the world in early 2020, disrupting the normal lives and affecting every segment of the world. The report covers the impact of the pandemic on the Biofuels market and its key segment. The report also offers an initial and future assessment of the impact of the pandemic on the Biofuels market and offers revenue estimations in a post-COVID-19 scenario.
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The segmentation of the market is done on the basis of product types, application spectrum, and the key regions of the Biofuels market. Along with this, the report also provides extensive coverage of the key companies and their strategic schemes to gain a substantial market position.
- Product Type Outlook (Revenue, USD Billion; 2017-2027)
- Biodiesel
- Ethanol
- Feedstock Outlook (Revenue, USD Billion; 2017-2027)
- Vegetable Oils
- Corn
- Sugarcane
- Others
- Form Outlook (Revenue, USD Billion; 2017-2027)
- Liquid Biofuel
- Solid Biofuel
- Gaseous Biofuel
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Key Geographical Segments Analyzed in the Report:
- North America (U.S., Canada)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Table of Contents:
- Chapter 1 includes an introduction of the global Biofuels market, along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
- Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
- Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
- In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
- Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application.
Read more: https://www.emergenresearch.com/industry-report/biofuels-market
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