GLOBAL BIOFUELS (AND BIO DIESEL) MARKET FORECAST 2017-2024

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GLOBAL BIOFUELS (AND BIO DIESEL) MARKET FORECAST 2017-2024

The global biofuels (and Bio Diesel ) market is expected to grow from $140600 Million in 2016 to $210730 Million by 2024, at a CAGR of 5.4% between 2017 and 2024. The base year considered for the study is 2016 and the forecast period is between 2017 and 2024. Rigid environmental related rules and regulations encouraging the use of biofuels, and rising economic development are some of the major factors for global biofuels market growth.

The global biofuels market is expected to grow from $140600 Million in 2016 to $210730 Million by 2024, at a CAGR of 5.4% between 2017 and 2024. The base year considered for the study is 2016 and the forecast period is between 2017 and 2024. Rigid environmental related rules and regulations encouraging the use of biofuels, and rising economic development are some of the major factors for global biofuels market growth. Also, there is increasing awareness among population regarding environmental effects and fossil fuel resources are also shrinking which is propelling the market.

The biofuels are segmented on the type of the feedstock available for production i.e. algae, lingocellulose syngas/biomass/MSW, oil & fats, sugar & starches, and others. Cellulose is the most abundant feedstock available and it is the fastest growing segment and will continue its dominance during the forecast period. The production of lignocellulosic-based biomass is a quicker process and at the same time, has a lower cost as compared to other food crops. MSW/Syngas/Biomass are sustainable and renewable sources of energy and also widely used as feedstock for biofuels production.

The global biofuels market can be segregated according to the fuel type including cellulosic ethanol, biogas, vegetable oil, biodiesel, biobutanol, bio-alcohols, and various others. Cellulosic ethanol holds the largest market share almost 25% in the biofuels market. Cellulose Ethanol refers to the ethanol that is processed from cellulose (fiber of the plant) rather than from the plant’s or fruit’s seeds. It is the biofuels produced from wood, algae, grasses or other plants. Two third of the ethanol is expected to come from Brazil to fill in the global and domestic needs. Biobutanol is anticipated to grow with highest during the forecast period. Biobutanol is a second-generation alcoholic fuel with high energy density and low volatility.

BioFuels Market by Inkwood Research

Currently, North America has the largest share in the global biofuels market and anticipated to continue its dominance during the forecast period. Easy availability of raw materials for biofuels production and growing demand for eco-friendly fuels are some factors responsible for increasing growth in North America. Also, various government measures and regulations that help to promote biofuels production in the region are being undertaken which are pushing the market growth. Whereas, Europe accounts for the second largest market share in the global biofuels market. Germany, France, Sweden, and Spain are major European centers for biofuels production. Asia-Pacific region is expected to grow with highest CAGR owing to increase in usage and demand of biofuels in emerging countries like China, India, and Japan.

Increasing availability of feedstocks, government regulations supporting the adoption of bio-based fuel alternatives, multiple applications for biofuels, and sustainability questions raised by U.N. and others are few of the major drivers for the growth of the global biofuels market. Favorable government policies and regulations are major boosters for biofuels growth globally, especially in developing countries. Biofuels are used in various applications but with increasing demand producers are exploring other application areas where biofuels usage will be as efficient as the current fuel used.

Dupont Industrial Bioscience, Solazyme Inc., Australian Renewable Fuels Limited, Inc., Zeachem Inc., Abengoa Bioenergy, Renewable Energy Group, Aventine Renewable Energy Holding, etc.are the major players in the global biofuels market. Currently, Dupont Industrial Biosciences is the market leader with largest market share amongst the other considered companies followed by Granbio and Algenol. Companies are adopting various strategies such as mergers and acquisitions or tie-up or new product launches to maintain their stronghold in the global biofuels market.

  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. MARKET DEFINITION
    3. SCOPE OF THE MARKET STUDY
    4. WHO WILL FIND THIS REPORT USEFUL?
    5. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
      1. SECONDARY DATA
      2. PRIMARY DATA
    2. MARKET SIZE ESTIMATION
      1. BOTTOM-UP APPROACH
      2. TOP DOWN APPROACH
      3. DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    1. KEY FINDINGS
      1. FLUCTUATING PETROLEUM PRICES DRIVING BIOFUELS DEMAND
      2. STRONG RAW MATERIAL AVAILABILITY IS FUELLING GROWTH IN BRAZIL MARKET
      3. THE MARKET IS RAPIDLY SHIFTING FOCUS TO SECOND GENERATION BIOFUELS
      4. GOVERNMENT ENCOURAGING DEVELOPMENT AND USE OF BIOFUELS
  4. MARKET OVERVIEW
    1. KEY MARKET DRIVERS
      1. INCREASING AVAILIBITY OF FEEDSTOCKS
      2. GOVERNMENT REGULATIONS SUPPORTING THE ADOPTION OF BIO-BASED FUEL ALTERNATIVES
      3. MULTIPLE APPLICATIONS FOR BIOFUELS
      4. SUSTAINABITY QUESTIONS RAISED BY UN AND OTHERS
    2. MARKET RESTRAINTS
      1. VOLATILITY IN OIL PRICES
    3. MARKET OPPORTUNITIES
      1. RISING DEMAND OF BIO-DIESEL IN DEVELOPING REGIONS
      2. INCREASING FOCUS ON AFFORDABLE, RELIABLE AND SUSTAINABLE ENERGY
    4. MARKET CHALLENGES
      1. STRINGENT RULES AND REGULATIONS
      2. RISE IN COMPETITION AMONG KEY PLAYERS
  5. MARKET SEGMENTATION
    1. GLOBAL BIO-FUEL MARKET BY FEEDSTOCK
      1. SIMPLE AND COMPLEX LIGNOCELLULOSE
      2. SYNGAS/BIOMASS/MSW
      3. ALGAE-BASED BIOFUEL
      4. SUGAR AND STARCHES
      5. OILS AND FATS
      6. OTHER FEEDSTOCK
    2. GLOBAL BIO-FUEL MARKET BY TYPE
      1. CELLULOSIC ETHANOL
      2. VEGETABLE OIL
      3. BIOGAS
      4. BIO-ALCOHOLS
      5. BIODIESEL
      6. BIOBUTANOL
      7. BIO DME
      8. OTHERS
  6. KEY ANALYTICAL FINDINGS
    1. PORTER’S 5 FORCES ANALYSIS
      1. THREAT OF NEW ENTRANTS
      2. THREAT OF SUBSTITUTE PRODUCTS OR SERVICES
      3. BARGAINING POWER OF BUYERS
      4. BARGAINING POWER OF SUPPLIERS
      5. INTENSITY OF COMPETITIVE RIVALRY
    2. KEY MARKET INSIGHTS
      1. IMPORTANT EMERGING MARKETS
      2. IMPORTANT REVENUE GENERATING SEGMENTS
      3. APPLICATION INSIGHTS
    3. STRATEGIC CONCLUSION
    4. SECTOR ANALYSIS
  7. GEOGRAPHIC ANALYSIS
    1. NORTH AMERICA
      1. UNITED STATES (U.S.)
      2. CANADA
    2. EUROPE
      1. UNITED KINGDOM (UK)
      2. FRANCE
      3. GERMANY
      4. SPAIN
      5. ITALY
      6. ROE
    3. ASIA-PACIFIC
      1. INDIA
      2. CHINA
      3. JAPAN
      4. ROAPAC
    4. REST OF THE WORLD
      1. LATIN AMERICA
      2. MENA
      3. AFRICA
  8. COMPETITIVE LANDSCAPE
    1. MARKET SHARE ANALYSIS
      1. MARKET MOVES
      2. CASE STUDY; TOP COMPETITIVE MOVES
    2. KEY BUYING CRITERIA
    3. STRATEGIC RECOMMENDATION
    4. COMPANY PROFILES
      1. ABENGOA BIOENERGY
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC INITIATIVES
      2. ALGENOL BIOFUELS
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC INITIATIVES
      3. AUSTRALIAN RENEWABLES FUEL LIMITED
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC INITIATIVE
      4. AVENTINE RENEWABLE ENERGY HOLDINGS, INC.
        1. OVERVIEW
      5. BLUE FIRE RENEWABLES
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      6. CLARIANT SE
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      7. DUPONT INDUSTRIAL BIOSCIENCES
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      8. FIBERIGHT LLC
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      9. GRANBIO
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      10. INBICON
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      11. INEOS BIOS
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
      12. POET-DSM ADVANCED BIOFUELS LLC
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      13. RENEWABLE ENERGY GROUP
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      14. PETROBRAS
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES
      15. ZEACHEM INC.
        1. OVERVIEW
        2. PRODUCT PORTFOLIO
        3. SCOT ANALYSIS
        4. STRATEGIC MOVES

 

LIST OF TABLES

TABLE#1       GLOBAL BIOFUELS MARKET BY TYPES IN $ MILLION 2017-2024

TABLE#2       BRAZIL BIODIESEL PRODUCTION CAPACITY BY REGION IN 2015

TABLE#3       GLOBAL PRODUCTION OF LIQUID BIOFUELS (BILLION LITERS)

TABLE#4       MAJOR TARGETS FOR BIOBASED INDUSTRY

TABLE#5       GLOBAL BIOFUEL MARKET BY FEEDSTOCK MARKET 2017-2024 ($MILLION)

TABLE#6       MOISTURE CONTENT OF POTENTIALLY AVAILABLE LIGNOCELLULOSIC BIOMASS AVAILABLE IN US (DRY TON/ACRE)

TABLE#7       GLOBAL LIGNOCELLULOSE BIOFUEL MARKET BY GEOGRAPHY 2017-2024 ($ MILLION)

TABLE#8       GLOBAL SYNGAS/BIOMASS/MSW BIOFUEL FEEDSTOCK MARKET BY GEOGRAPHY 2017-2024 ($MILLION)

TABLE#9       AMOUNT OF OIL PRODUCED BY EACH STRAIN OF ALGAE BY DRY WEIGHT

TABLE#10     GLOBAL ALGAE MARKET 2017-2024, BY REGION ($MILLION)

TABLE#11     GLOBAL SUGAR AND STARCHES BASED BIOFUEL MARKET 2017-2024, BY REGION ($MILLION)

TABLE#12     GLOBAL OILS AND FATS BASED BIOFUELMARKET 2017-2024, BY REGION ($MILLION)

TABLE#13     GLOBAL OILS AND FATS BASED BIOFUELMARKET 2017-2024, BY REGION ($MILLION)

TABLE#14     GLOBAL BIOFUEL MARKET BY TYPE 2017 -2024 ($MILLION)

TABLE#15     GLOBAL CELLULOSIC ETHANOL MARKET BY REGION 2017-2024 ($ MILLION)

TABLE#16     GLOBAL VEGETABLE OIL MARKET BY GEOGRAPHY 2017-2024 ($MILLION)

TABLE#17     ENERGY CONTENT IN COMPARISON TO OTHER FUELS

TABLE#18     GLOBAL BIOGAS MARKET 2017 -2024, BY REGION ($MILLION)

TABLE#19     GLOBAL BIOALCOHOL MARKET 2017-2024, BY REGION ($MILLION)

TABLE#20     MAJOR FEEDSTOCK FOR BIODIESEL BY REGION

TABLE#21     GLOBAL BIODIESEL MARKET, BY REGION ($MILLION)

TABLE#22     GLOBAL BUTANOL MARKET 2017-2024, BY REGION ($MILLION)

TABLE#23     GLOBAL BIO DME MARKET 2017-2024, BY REGION ($MILLION)

TABLE#24     GLOBAL OTHERS MARKET 2017-2024, BY REGION ($MILLION)

TABLE#25     TOP COUNTRIES WITH THEIR GROWTH RATE

TABLE#26     REVENUE GENERATION FROM DIFFERENT SEGMENTS 2017-2024 ($BILLION)

TABLE#27     NORTH AMERICA BIOFUEL MARKET BY COUNTRY 2017-2024 ($MILLION)

TABLE#28     INCENTIVE RATE PROVIDED BY GOVERNMENT OF CANADA FOR BIOFUEL PRODUCTION

TABLE#29     EUROPE BIOFUEL MARKET BY COUNTRY, 2017-2024 ($MILLION)

TABLE#30     ASIA-PACIFIC BIOFUEL MARKET BY COUNTRY 2017-2024 ($MILLION)

TABLE#31     KEY SUPPLIERS OF BIODIESEL TO JAPAN

TABLE#32     REST OF THE WORLD BIOFUEL MARKET BY COUNTRY 2017-2024 ($MILLION)

TABLE#33     BIOFUEL INDUSTRY IN AFRICA

TABLE#34     STRATEGIC MOVES

 

LIST OF FIGURES

FIGURE#1    KEY DATA FROM SECONDARY SOURCES

FIGURE#2    KEY DATA FROM PRIMARY SOURCES

FIGURE#3    GROSS ENERGY CONSUMPTION OF BIOENERGY 2004-2014

FIGURE#4    COUNTRYWISE BIOENERGY CONSUMPTION 2015

FIGURE#5    U.S. BIOFUEL CONSUMPTION (IN TRILLION BRITISH THERMAL UNIT)

FIGURE#6    BIO-DIESEL PRODUCTION IN KEY COUNTRIES IN 2016 (IN BILLION LITERS)

FIGURE#7    WORLD’S LARGEST BIO-DIESEL PRODUCING COUNTRIES IN 2015 (IN BILLION LITERS)

FIGURE#8    PRODUCTION OF CELLULOSIC BIOMASS

FIGURE#9    SOLID WASTE PERCENTAGE IN MSW

FIGURE#10  USAGE OF ALGAE COMPONENTS

FIGURE#11  PRODUCTION OF BIOFUEL FROM ALGAE

FIGURE#12  ADVANTAGES AND DISADVANTAGES OF ALGAE

FIGURE#13  PERCENTAGE DISTRIBUTION OF MAJOR FEEDSTOCK FOR BIO-FUEL PRODUCTION IN EUROPE, 2013

FIGURE#14  PERCENTAGE DISTRIBUTION OF MAJOR FEEDSTOCK FOR BIO-FUEL PRODUCTION IN EUROPE, 2013

FIGURE#15  ADVANTAGES AND DISADVANTAGES OF ANIMAL FATS FOR THE PRODUCTION OF BIO-DIESEL

FIGURE#16  REGIONAL DISTRIBUTION OF WORLD ETHANOL PRODUCTION 2024

FIGURE#17  MAJOR BIOMASS FEEDSTOCK USED FOR THE PRODUCTION OF BIOFUELS

FIGURE#18  NUMBER OF BIOGAS PLANTS AND TOTAL INSTALLED CAPACITY (MW) IN EUROPE

FIGURE#19  LARGEST BIOETHANOL PRODUCING COUNTRIES IN 2015 (BILLION LITERS)

FIGURE#20  PERCENTAGE DISTRIBUTION OF MAJOR FEEDSTOCK FOR BIO-FUEL PRODUCTION IN EUROPE, 2013

FIGURE#21  MAJOR BIODIESEL FEEDSTOCK IN 2014

FIGURE#22  REGIONAL DISTRIBUTION OF WORLD BIODIESEL PRODUCTION AND USE IN 2014

FIGURE#23  PRODUCTION OF BIODIESEL 2014-2016

FIGURE#24  ENERGY DENSITY OF BIOETHER AND BIODIESEL (MJ/KG)

FIGURE#25  ENERGY DENSITY OF SOLID BIOFUELS

FIGURE#26  BIOFUELS MARKET: PORTER’S MODEL

FIGURE#27  GROSS BIOENERGY CONSUMPTION 2015

FIGURE#28  TOP 10 BIOETHANOL PRODUCERS, IN 2015

FIGURE#29  ENERGY SUPPLY SOURCES BIOMASS

FIGURE#30  TECHNICAL POTENTIAL OF BIO-FUELS IN 2050 AND ENERGY DEMAND FOR THE TRANSPORT SECTOR IN 2030

FIGURE#31  CORN, SUGARCANE, SUGARBEET PRODUCTION IN U.S. (MILLION TONS)

FIGURE#32  U.S. ANNUAL PRODUCTION OF ETHANOL AND BIODIESEL (BILLION GALLONS PER YEAR)

FIGURE#33  CONSUMPTION OF LIQUID BIOFUEL BY UK TRANSPORTATION INDUSTRY 2013-2014 (BILLION LITERS)

FIGURE#34  CONSUMPTION OF LIQUID BIOFUEL BY UK TRANSPORTATION INDUSTRY 2013-2014 (BILLION LITERS)

FIGURE#35  ENERGY SUPPLY FROM RENEWABLE SOURCES IN GERMANY, 2015

FIGURE#36  IMPORT AND EXPORT OF BIODIESEL IN GERMANY 2015 (MILLION TONS)

FIGURE#37  ITALIAN BIODIESEL PRODUCTION BYFEEDSTOCK IN 2014

FIGURE#38  ITALIAN ETHANOL PRODUCTION BY FEEDSTOCK IN 2014

FIGURE#39  BIODIESEL PRODUCTION CHINA

FIGURE#40  BRAZIL ENERGY CONSUMPTION 2015

FIGURE#41  BIO-ETHANOL PRODUCTION IN BRAZIL 2014 & 2016 (BILLION LITERS)

FIGURE#42  BIOFUEL PRODUCTION FORECAST IN AFRICA UPTO 2035 (MILLION METRIC TONNES)

FIGURE#43  MARKET SHARE 2015

  1. GLOBAL BIO-FUEL MARKET BY FEEDSTOCK
    1. SIMPLE AND COMPLEX LIGNOCELLULOSE
    2. SYNGAS/BIOMASS/MSW
    3. ALGAE-BASED BIOFUEL
    4. SUGAR AND STARCHES
    5. OILS AND FATS
    6. OTHER FEEDSTOCK
  2. GLOBAL BIO-FUEL MARKET BY TYPE
    1. CELLULOSIC ETHANOL
    2. VEGETABLE OIL
    3. BIOGAS
    4. BIO-ALCOHOLS
    5. BIODIESEL
    6. BIOBUTANOL
    7. BIO DME
    8. OTHERS
  3. GEOGRAPHIC ANALYSIS
    1. NORTH AMERICA
      1. U.S.
      2. CANADA
    2. EUROPE
      1. UK
      2. FRANCE
      3. GERMANY
      4. SPAIN
      5. ITALY
      6. ROE
    3. ASIA-PACIFIC
      1. INDIA
      2. CHINA
      3. JAPAN
      4. ROAPAC
    4. REST OF THE WORLD
      1. LATIN AMERICA
      2. MENA
      3. AFRICA

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