Oil and Gas Companies are Driving Transformational Growth by Developing Low Emission Fuels to Address Industrial Sector Decarbonization
Alternative fuels will play a major role toward achieving global decarbonization pathways, and the market is poised for a period of extremely strong growth. This detailed study analyzes three main segments: biofuels, biogas, and eFuels. The industry sometimes refers to eFuels as synthetic fuels and sustainable aviation fuel (SAF) as bio-jet fuel. Alternative fuels use non-petroleum feedstocks, such as tallow oil, corn, soyabean oil, rapeseed oil, used cooking oil (UCO), fatty acid methyl esters, hydroprocessed esters and fatty acids (HEFAs), and hydrotreated vegetable oils (HVOs) in the case of biofuels; organic waste, animal waste, and wood in the case of biogas; and water, electricity, and biogenic or direct air capture CO2 in the case of eFuels. These fuels are substitutes for more carbon-intensive energy sources, such as diesel, gasoline, and jet fuel in the transportation sector, contributing to the broader decarbonization and net-zero targets of COP 28.
This analysis of the global alternative fuels market covers both production and end market revenues. The study looks at all main trends and innovations occurring worldwide, as well as evaluates the strategies of leading suppliers. The research calculates the market value for each segment using the production cost of each subsegment, applying appropriate currency conversions and US dollar normalization where necessary. The regions covered are Europe, Asia-Pacific (APAC), the Americas, and the rest of world (RoW).
This study provides a detailed analysis of the industry’s growth trajectory, competitive landscape, and most dynamic growth opportunities from 2023 to 2030.
Transformation in Alternative Fuels
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8TM
The Impact of the Top 3 Strategic Imperatives on the Alternative Fuels Industry
Growth Environment
Ecosystem
Scope of Analysis
Segmentation
Most Common Biofuel Production Pathways
Biogas and Biomethane-Most Common Production Pathway
eFuels-Most Common Production Pathways
Competitive Environment
Key Competitors
Growth Generator
Growth Metrics
Growth Drivers
Growth Restraints
Forecast Considerations
Revenue and Production Forecast
Revenue Forecast by Product
Table Alternative Fuels: Revenue Forecast by Product, Global, 2022-2030
Revenue Forecast-Biofuels
Table Alternative Fuels: Revenue Forecast by Biofuels, Global, 2022-2030
Revenue Forecast Analysis-Biofuels
Revenue Forecast-Gases
Revenue Forecast Analysis-Gases
Revenue Forecast-eFuels
Table Alternative Fuels: Revenue Forecast by eFuels, Global, 2022-2030
Revenue Forecast Analysis-eFuels
Revenue Forecast by Region
Table Alternative Fuels: Revenue Forecast by Region, 2022-2030
Production Forecast by Product
Table Alternative Fuels: Production Forecast by Product, Global, 2022-2030
Production Forecast-Biofuels
Table Alternative Fuels: Production Forecast by Biofuels, Global, 2022-2030
Production Forecast-Gases
Production Forecast-eFuels
Table Alternative Fuels: Production Forecast by eFuels, Global, 2022-2030
Production Forecast by Region
Table Alternative Fuels: Production Forecast by Region, 2022-2030
Production Forecast Analysis
Production Capacity Share
Competitive Landscape - Top 10 O&G Companies with Alternative Fuel Competency
Revenue Share Analysis
Growth Generator-Americas
Growth Metrics
Revenue and Production Forecast
Revenue Forecast by Product
Table Alternative Fuels: Revenue Forecast by Product, Americas, 2022-2030
Revenue Forecast-Biofuels
Table Alternative Fuels: Revenue Forecast by Biofuels, Americas, 2022-2030
Revenue Forecast-Gases
Revenue Forecast-eFuels
Table Alternative Fuels: Revenue Forecast by eFuels, Americas, 2022-2030
Revenue Forecast Analysis-Americas
Production Forecast by Product
Table Alternative Fuels: Production Forecast by Product, Americas, 2022-2030
Production Forecast-Biofuels
Table Alternative Fuels: Production Forecast by Biofuels, Americas, 2022-2030
Production Forecast-Gases
Production Forecast-eFuels
Table Alternative Fuels: Production Forecast by eFuels, Americas, 2022-2030
Production Forecast Analysis-Americas
Growth Generator-Europe
Growth Metrics
Revenue and Production Forecast
Revenue Forecast by Product
Table Alternative Fuels: Revenue Forecast by Product, Europe, 2022-2030
Revenue Forecast-Biofuels
Table Alternative Fuels: Revenue Forecast by Biofuels, Europe, 2022-2030
Revenue Forecast-Gases
Revenue Forecast-eFuels
Table Alternative Fuels: Revenue Forecast by eFuels, Europe, 2022-2030
Revenue Forecast Analysis-Europe
Production Forecast by Product
Table Alternative Fuels: Production Forecast by Product, Europe, 2022-2030
Production Forecast-Biofuels
Table Alternative Fuels: Production Forecast by Biofuels, Europe, 2022-2030
Production Forecast-Gases
Production Forecast-eFuels
Table Alternative Fuels: Production Forecast by eFuels, Global, 2022-2030
Production Forecast Analysis-Europe
Growth Generator-APAC
Growth Metrics
Revenue and Production Forecast
Revenue Forecast by Products
Table Alternative Fuels: Revenue Forecast by Product, APAC, 2022-2030
Revenue Forecast-Biofuels
Table Alternative Fuels: Revenue Forecast by Biofuels, APAC, 2022-2030
Revenue Forecast-Gases
Revenue Forecast-eFuels
Table Alternative Fuels: Revenue Forecast by eFuels, APAC, 2022-2030
Revenue Forecast Analysis-APAC
Production Forecast by Product
Table Alternative Fuels: Production Forecast by Product, APAC, 2022-2030
Production Forecast-Biofuels
Table Alternative Fuels: Production Forecast by Biofuels, APAC, 2022-2030
Production Forecast-Gases
Production Forecast-eFuels
Table Alternative Fuels: Production Forecast by eFuels, APAC, 2022-2030
Production Forecast Analysis: APAC
Growth Generator-Rest of World (RoW)
Growth Metrics
Revenue and Production Forecast
Revenue Forecast by Product
Table Alternative Fuels: Revenue Forecast by Product, RoW, 2022-2030
Revenue Forecast-Biofuels
Table Alternative Fuels: Revenue Forecast by Biofuels, RoW, 2022-2030
Revenue Forecast-Gases
Revenue Forecast-eFuels
Table Alternative Fuels: Revenue Forecast by eFuels, RoW, 2022-2030
Revenue Forecast Analysis-RoW
Production Forecast by Product
Table Alternative Fuels: Production Forecast by Product, RoW, 2022-2030
Production Forecast-Biofuels
Table Alternative Fuels: Production Forecast by Biofuels, RoW, 2022-2030
Production Forecast-Gases
Production Forecast-eFuels
Table Alternative Fuels: Production Forecast by eFuels, RoW, 2022-2030
Production Forecast Analysis-RoW
Growth Opportunity Universe
Growth Opportunity 1-Use of Low-Carbon Fuels in the Transportation Industry to Offset Emissions
Growth Opportunity 2-Role of eFuels in Long-Haul Transportation Industry to Achieve Net-Zero Targets
Growth Opportunity 3-Integration of Biogenic CO2 to Produce eFuels
Growth Opportunity 4-Biomethane as a Clean Energy Carrier for Future Energy Systems