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

The global liquid biofuels market size is calculated at USD 176.08 billion in 2025 and is forecasted to reach around USD 378.65 billion by 2034, accelerating at a CAGR of 8.88% from 2025 to 2034. The North America market size surpassed USD 61.45 billion in 2024 and is expanding at a CAGR of 9.02% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1569
  • Category : Energy and Power

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. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Liquid Biofuels Market 

5.1. COVID-19 Landscape: Liquid Biofuels Industry Impact

5.2. COVID-19 - Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Liquid Biofuels Market, By Product

8.1. Liquid Biofuels Market, by Product Type

8.1.1. Biodiesel

8.1.1.1. Market Revenue and Forecast 

8.1.2. Bioethanol

8.1.2.1. Market Revenue and Forecast 

8.1.3. Others

8.1.3.1. Market Revenue and Forecast 

Chapter 9. Global Liquid Biofuels Market, By Application

9.1. Liquid Biofuels Market, by Application

9.1.1. Transportation Fuel

9.1.1.1. Market Revenue and Forecast 

9.1.2. Power Generation

9.1.2.1. Market Revenue and Forecast 

9.1.3. Thermal Heating

9.1.3.1. Market Revenue and Forecast 

Chapter 10. Global Liquid Biofuels Market, By Feedstock

10.1. Liquid Biofuels Market, by Feedstock Type

10.1.1. Sugar Crops

10.1.1.1. Market Revenue and Forecast 

10.1.2. Starch Crops

10.1.2.1. Market Revenue and Forecast 

10.1.3. Vegetable Oils

10.1.3.1. Market Revenue and Forecast 

10.1.4. Animal Fats

10.1.4.1. Market Revenue and Forecast 

10.1.5. Others

10.1.5.1. Market Revenue and Forecast 

Chapter 11. Global Liquid Biofuels Market, By Process Type 

11.1. Liquid Biofuels Market, by Process Type

11.1.1. Fermentation

11.1.1.1. Market Revenue and Forecast 

11.1.2. Transesterification

11.1.2.1. Market Revenue and Forecast 

11.1.3. Others

11.1.3.1. Market Revenue and Forecast 

Chapter 12. Global Liquid Biofuels Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Product 

12.1.2. Market Revenue and Forecast, by Application 

12.1.3. Market Revenue and Forecast, by Feedstock Type 

12.1.4. Market Revenue and Forecast, by Process Type 

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Product 

12.1.5.2. Market Revenue and Forecast, by Application 

12.1.5.3. Market Revenue and Forecast, by Feedstock Type 

12.1.5.4. Market Revenue and Forecast, by Process Type 

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Product 

12.1.6.2. Market Revenue and Forecast, by Application 

12.1.6.3. Market Revenue and Forecast, by Feedstock Type 

12.1.6.4. Market Revenue and Forecast, by Process Type 

12.2. Europe

12.2.1. Market Revenue and Forecast, by Product 

12.2.2. Market Revenue and Forecast, by Application 

12.2.3. Market Revenue and Forecast, by Feedstock Type 

12.2.4. Market Revenue and Forecast, by Process Type 

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Product 

12.2.5.2. Market Revenue and Forecast, by Application 

12.2.5.3. Market Revenue and Forecast, by Feedstock Type 

12.2.5.4. Market Revenue and Forecast, by Process Type 

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Product 

12.2.6.2. Market Revenue and Forecast, by Application 

12.2.6.3. Market Revenue and Forecast, by Feedstock Type 

12.2.6.4. Market Revenue and Forecast, by Process Type 

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Product 

12.2.7.2. Market Revenue and Forecast, by Application 

12.2.7.3. Market Revenue and Forecast, by Feedstock Type 

12.2.7.4. Market Revenue and Forecast, by Process Type 

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Product 

12.2.8.2. Market Revenue and Forecast, by Application 

12.2.8.3. Market Revenue and Forecast, by Feedstock Type 

12.2.8.4. Market Revenue and Forecast, by Process Type 

12.3. APAC

12.3.1. Market Revenue and Forecast, by Product 

12.3.2. Market Revenue and Forecast, by Application 

12.3.3. Market Revenue and Forecast, by Feedstock Type 

12.3.4. Market Revenue and Forecast, by Process Type 

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Product 

12.3.5.2. Market Revenue and Forecast, by Application 

12.3.5.3. Market Revenue and Forecast, by Feedstock Type 

12.3.5.4. Market Revenue and Forecast, by Process Type 

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Product 

12.3.6.2. Market Revenue and Forecast, by Application 

12.3.6.3. Market Revenue and Forecast, by Feedstock Type 

12.3.6.4. Market Revenue and Forecast, by Process Type 

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Product 

12.3.7.2. Market Revenue and Forecast, by Application 

12.3.7.3. Market Revenue and Forecast, by Feedstock Type 

12.3.7.4. Market Revenue and Forecast, by Process Type 

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Product 

12.3.8.2. Market Revenue and Forecast, by Application 

12.3.8.3. Market Revenue and Forecast, by Feedstock Type 

12.3.8.4. Market Revenue and Forecast, by Process Type 

12.4. MEA

12.4.1. Market Revenue and Forecast, by Product 

12.4.2. Market Revenue and Forecast, by Application 

12.4.3. Market Revenue and Forecast, by Feedstock Type 

12.4.4. Market Revenue and Forecast, by Process Type 

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Product 

12.4.5.2. Market Revenue and Forecast, by Application 

12.4.5.3. Market Revenue and Forecast, by Feedstock Type 

12.4.5.4. Market Revenue and Forecast, by Process Type 

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Product 

12.4.6.2. Market Revenue and Forecast, by Application 

12.4.6.3. Market Revenue and Forecast, by Feedstock Type 

12.4.6.4. Market Revenue and Forecast, by Process Type 

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Product 

12.4.7.2. Market Revenue and Forecast, by Application 

12.4.7.3. Market Revenue and Forecast, by Feedstock Type 

12.4.7.4. Market Revenue and Forecast, by Process Type 

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Product 

12.4.8.2. Market Revenue and Forecast, by Application 

12.4.8.3. Market Revenue and Forecast, by Feedstock Type 

12.4.8.4. Market Revenue and Forecast, by Process Type 

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Product 

12.5.2. Market Revenue and Forecast, by Application 

12.5.3. Market Revenue and Forecast, by Feedstock Type 

12.5.4. Market Revenue and Forecast, by Process Type 

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Product 

12.5.5.2. Market Revenue and Forecast, by Application 

12.5.5.3. Market Revenue and Forecast, by Feedstock Type 

12.5.5.4. Market Revenue and Forecast, by Process Type 

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Product 

12.5.6.2. Market Revenue and Forecast, by Application 

12.5.6.3. Market Revenue and Forecast, by Feedstock Type 

12.5.6.4. Market Revenue and Forecast, by Process Type 

Chapter 13. Company Profiles

13.1. Archer Daniels Midland Company

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Gevo

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Green Plains

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Wilmar International

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Algenol

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Pacific Ethanol Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Valero Energy Corp.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Butamax

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Renewable Energy Corp.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Bunge North America Inc.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

According to Precedence Research, the global liquid biofuels market size was reached at USD 161.72 billion in 2024 and is anticipated to surpass around USD 378.65 billion by 2034.

The global liquid biofuels market is growing at a CAGR of 8.88% during the forecast period 2025 to 2034.

The major players operating in the liquid biofuels market are Archer Daniels Midland Company, Gevo, Green Plains, Wilmar International, Algenol, Pacific Ethanol Inc., Valero Energy Corp., Petrobras; Butamax, Renewable Energy Corp., and Bunge North America Inc.

The demand towards snowballing energy around the world is aiding the mining & energy industries in taking a transformational leap towards new types of energies. This is mixed with the growing concerns regarding the environment which is leading to the greater investments in the clean source of energy development.

North America will dominate the global liquid biofuels market over the next few years

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