Advanced Biofuels Market Size, Share, and Trends 2024 to 2034

The global advanced biofuels market size was USD 63.62 billion in 2023, estimated at USD 87.98 billion in 2024 and is anticipated to reach around USD 1749.48 billion by 2034, expanding at a CAGR of 34.85% from 2024 to 2034.

  • Last Updated : September 2024
  • Report Code : 1220
  • Category : Chemical and Material

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Advanced Biofuels Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Advanced Biofuels Market

5.1. Covid-19: Advanced Biofuels Industry Impact
5.2. Advanced Biofuels Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Advanced Biofuels Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Advanced Biofuels Market Players to deal with Covid-19 Pandemic Scenario

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. Limited availability of fossil fuel-based resources
6.1.1.2. Growing awareness regarding curbing carbon emissions
6.1.1.3. Favorable government policies in leading countries
6.1.2. Market Restraints
6.1.2.1. High production cost of advanced biofuels
6.1.3. Market Opportunities
6.1.3.1. Algae biofuels is attracting investments for innovative algae-biofuel processing techniques

Chapter 7. Global Advanced Biofuels Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Advanced Biofuels Market Revenue by Market Players
7.1.1.2. Advanced Biofuels Market Revenue Market Share by Market Players
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Advanced Biofuels Market, By Process

8.1. Advanced Biofuels Market, by Process, 2024-2034
8.1.1. Biochemical Process
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Thermochemical Process
8.1.2.1. Market Revenue and Forecast (2021-2034)

Chapter 9. Global Advanced Biofuels Market, By Advanced Biofuel Type

9.1. Advanced Biofuels Market, by Advanced Biofuel Type, 2024-2034
9.1.1. Cellulosic Advanced Biofuels
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Biodiesels
9.1.2.1. Market Revenue and Forecast (2021-2034)
9.1.3. Biogas
9.1.3.1. Market Revenue and Forecast (2021-2034)
9.1.4. Biobutanol
9.1.4.1. Market Revenue and Forecast (2021-2034)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 10. Global Advanced Biofuels Market, By Raw Material

10.1. Advanced Biofuels Market, by Raw Material, 2024-2034
10.1.1. Lignocellulose
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Jatropha
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Camelina
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. Algae
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2021-2034)

Chapter 11. Global Advanced Biofuels Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue Forecast by Process(2021-2034)
11.1.2. Market Revenue Forecast by Advanced Biofuel Type (2021-2034)
11.1.3. Market Revenue Forecast by Raw Material (2021-2034)
11.1.4. U.S
11.1.4.1. Market Revenue Forecast (2021-2034)
11.1.5. Canada
11.1.5.1. Market Revenue Forecast (2021-2034)
11.2. Europe
11.2.1. Market Revenue Forecast by Process (2021-2034)
11.2.2. Market Revenue Forecast by Advanced Biofuel Type (2021-2034)
11.2.3. Market Revenue Forecast by Raw Material (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue Forecast (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue Forecast (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue Forecast (2021-2034)
11.2.7. Rest of EU
11.2.7.1. Market Revenue Forecast (2021-2034)
11.3. Asia Pacific (APAC)
11.3.1. Market Revenue Forecast by Process (2021-2034)
11.3.2. Market Revenue Forecast by Advanced Biofuel Type (2021-2034)
11.3.3. Market Revenue Forecast by Raw Material (2021-2034)
11.3.4. China
11.3.4.1. Market Revenue Forecast (2021-2034)
11.3.5. India
11.3.5.1. Market Revenue Forecast (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue Forecast (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue Forecast (2021-2034)
11.4. LATAM
11.4.1. Market Revenue Forecast by Process (2021-2034)
11.4.2. Market Revenue Forecast by Advanced Biofuel Type (2021-2034)
11.4.3. Market Revenue Forecast by Raw Material (2021-2034)
11.4.4. Brazil
11.4.4.1. Market Revenue Forecast (2021-2034)
11.4.5. Rest of LATAM
11.4.5.1. Market Revenue Forecast (2021-2034)
11.5. Middle East and Africa (MEA)
11.5.1. Market Revenue Forecast by Process (2021-2034)
11.5.2. Market Revenue Forecast by Advanced Biofuel Type (2021-2034)
11.5.3. Market Revenue Forecast by Raw Material (2021-2034)
11.5.4. GCC
11.5.4.1. Market Revenue Forecast (2021-2034)
11.5.5. North Africa
11.5.5.1. Market Revenue Forecast (2021-2034)
11.5.6. South Africa
11.5.6.1. Market Revenue Forecast (2021-2034)
11.5.7. Rest of MEA
11.5.7.1. Market Revenue Forecast (2021-2034)

Chapter 12. Company Profiles

12.1. GranBio
12.1.1. Company Overview, Business Information, Regional Presence
12.1.2. Product Portfolio Analysis
12.1.2.1. Product Details, Specification, Advanced Biofuel Type
12.1.3. Revenue, Price, and Gross Margin
12.1.4. Recent Developments and Strategies
12.2. Inbicon A/S
12.2.1. Company Overview, Business Information, Regional Presence
12.2.2. Product Portfolio Analysis
12.2.2.1. Product Details, Specification, Advanced Biofuel Type
12.2.3. Revenue, Price, and Gross Margin
12.2.4. Recent Developments and Strategies
12.3. Clariant
12.3.1. Company Overview, Business Information, Regional Presence
12.3.2. Product Portfolio Analysis
12.3.2.1. Product Details, Specification, Advanced Biofuel Type
12.3.3. Revenue, Price, and Gross Margin
12.3.4. Recent Developments and Strategies
12.4. A2BE Carbon Capture, LLC.
12.4.1. Company Overview, Business Information, Regional Presence
12.4.2. Product Portfolio Analysis
12.4.2.1. Product Details, Specification, Advanced Biofuel Type
12.4.3. Revenue, Price, and Gross Margin
12.4.4. Recent Developments and Strategies
12.5. Fujian Zhongde Energy Co., Ltd
12.5.1. Company Overview, Business Information, Regional Presence
12.5.2. Product Portfolio Analysis
12.5.2.1. Product Details, Specification, Advanced Biofuel Type
12.5.3. Revenue, Price, and Gross Margin
12.5.4. Recent Developments and Strategies
12.6. Bangchak Petroleum Plc.
12.6.1. Company Overview, Business Information, Regional Presence
12.6.2. Product Portfolio Analysis
12.6.2.1. Product Details, Specification, Advanced Biofuel Type
12.6.3. Revenue, Price, and Gross Margin
12.7. Recent Developments and Strategies
12.7.1. Company Overview, Business Information, Regional Presence
12.7.2. Product Portfolio Analysis
12.7.2.1. Product Details, Specification, Advanced Biofuel Type
12.7.3. Revenue, Price, and Gross Margin
12.7.4. Recent Developments and Strategies
12.8. Algenol Biotech
12.8.1. Company Overview, Business Information, Regional Presence
12.8.2. Product Portfolio Analysis
12.8.2.1. Product Details, Specification, Advanced Biofuel Type
12.8.3. Revenue, Price, and Gross Margin
12.8.4. Recent Developments and Strategies
12.9. Abengoa Bioenergy
12.9.1. Company Overview, Business Information, Regional Presence
12.9.2. Product Portfolio Analysis
12.9.2.1. Product Details, Specification, Advanced Biofuel Type
12.9.3. Revenue, Price, and Gross Margin
12.9.4. Recent Developments and Strategies
12.10. DowDuPont Inc.
12.10.1. Company Overview, Business Information, Regional Presence
12.10.2. Product Portfolio Analysis
12.10.2.1. Product Details, Specification, Advanced Biofuel Type
12.10.3. Revenue, Price, and Gross Margin
12.10.4. Recent Developments and Strategies
12.11. Chemtex company
12.11.1. Company Overview, Business Information, Regional Presence
12.11.2. Product Portfolio Analysis
12.11.2.1. Product Details, Specification, Advanced Biofuel Type
12.11.3. Revenue, Price, and Gross Margin
12.11.4. Recent Developments and Strategies

Chapter 13. Appendix

13.1. About Us
13.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global advanced biofuels market size is predicted to be worth around USD 1749.48 billion by 2034 from at USD 63.62 billion in 2023.

The growing awareness regarding curbing carbon emissions and rising awareness about use of renewables are spur the growth of advanced biofuels market.

The global advanced biofuels market is expected to garner growth at a CAGR of 34.85% over forecast period 2024 to 2034.

Biodiesels are expected to hold the largest revenue share due to the growing use of biofuels as the engine fuel. This is owing to usage of great yield algae raw material and huge potential of biodiesels to reduce the reduction greenhouse gas emission.

Asia Pacific is likely to list the noteworthy CAGR, on account of rising awareness about the usage of advanced biofuels in emerging economies.

The major companies functioning in the worldwide advanced biofuels are GranBio, Inbicon A/S, Clariant, A2BE Carbon Capture, LLC. Fujian Zhongde Energy Co., Ltd, Bangchak Petroleum Plc. Algenol Biotech, Abengoa Bioenergy, DowDuPont Inc. Chemtex Company among others.

Advanced biofuels are fuels derived from different biomass types, including agricultural, municipal, and other waste. They are also termed as biofuels of the second generation. Advanced biofuels are produced from woody/ lignocellulosic crops with biomass, non-starch sugars, as well as the residues of the agricultural, making it more difficult to extract the fuel needed.

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