Global Liquid Biofuels Market, By Type (Bioethanol, Biodiesel, Hydrogenated Vegetable Oil), By Proce

Published Date: | Report Code : CH1923913

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The Liquid Biofuels Market is expected to promise high growth owing to the increasing demand for biofuels due to the growing use of renewable energy sources in recent years. Increasing demand from applications including transportation, electricity generation, heat generation, lubricants is expected to drive the growth of the market.

Biofuel is produced through biological processes; they include anaerobic digestion and agriculture. These fuels are different than fossil fuels. They can be used as a form of renewable energy. Biofuels also offer immense environmental benefits. However, they can cause serious environmental issues depending on how they are produced. They are also used in preventing vitamin A deficiency, cancer, brain disease, aging, and treating malaria, high blood pressure, high cholesterol, and cyanide poisoning. Biofuel is a cost-effective and environment-friendly alternative to petroleum and other fossil fuels.

Key Factors Impacting Market Growth:

  • Increase in demand for biofuels due to the growing use of renewable energy sources
  • Rise in demand for biofuels in North American and South American markets due to advancement in technology and processing techniques
  • The decrease in demand for biodiesel  due to the discovery of jatropha as a viable substitute
  • Increase in global demand due to global warming and Climate change

Regional Analysis: 

On the basis of the region, the liquid biofuels market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, & Rest of the World. North America and Western Europe are some of the major markets that are also traditional suppliers of chemicals such as specialty chemicals, bulk chemicals, and so on. Major companies in this market are headquartered in North America and Western Europe.  This region has been witnessing a number of transitions in terms of productions of chemicals and respective applications by end-use industries. The preference towards bio-based feedstock has been instrumental in the development of the green alternatives in these regions. Moreover, regulatory authorities have imposed strict guidelines with regard to environmental concerns and potential health hazards due to exposures. This has been more instrumental in the Western Europe region competitively. Some of the major economies in these regions include the US, Germany, UK, France, Canada, Italy, Spain, and so on.

The Asia Pacific and the Middle East are expected to register substantial growth in the liquid biofuels market during the forecast period. This demand is with regard to the growth of major applications such as transportation, electricity generation, heat generation, lubricants. Major countries in the Asia Pacific region include China, South Korea, Japan, India, Australia, and so on. Middle East includes the UAE, Saudi Arabia, Iran, Israel, Egypt, and so on. Eastern Europe has been largely dominated by Russia and Turkey with operations of major chemical giants in the region.  Rest the World that includes South America and Africa has a strong potential for the liquid biofuels market. There has been an increasing number of investments by global companies in these regions to strengthen their presence and tap the potential market. Major economies in these regions for the liquid biofuels market include Brazil, South Africa, Nigeria, Argentina, Colombia, and others.

Companies Covered: Archer Daniel Midland, Renewable Energy Group, Novozymes, Neste Oil, Bunge Limited, Wilmar International Limited, Louis Dreyfus Company, Royal DSM, Green Plain Renewable, and Future Fuel Corporation …

Market Segmentation:

By Type:

  • Bioethanol
  • Biodiesel
  • Hydrogenated Vegetable Oil (HVO)

By Processing Method:

  • Biomass Decomposition
  • Bagasse Processing

By Application:

  • Transportation
  • Electricity Generation
  • Heat Generation
  • Lubricants

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Processing Method
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Processing Method
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Processing Method
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia)
    • By Type
    • By Processing Method
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Processing Method
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Processing Method
    • By Application 

Reasons To Buy This Report:

  • Market size estimation of the global liquid biofuels market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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