Biofuels - Thematic Intelligence
Summary
Biofuels are fuels that are produced from combustion or processing of biomass - a renewable energy source. These generate a lower carbon footprint across their lifecycle, when compared with fossil fuels. Moreover, their emission footprint can be significantly reduced further by capturing CO2 during their production. Hence, biofuels, such as ethanol, biodiesel, renewable diesel, and sustainable aviation fuel (SAF) are considered as alternatives to fossil fuels in decarbonizing various industries.
Renewable fuels that are produced using advanced biomass, such as wastes from agriculture, forestry, food processing, and non-edible crops, are rapidly gaining popularity among refiners globally. Besides tackling the concern of food security, these biofuels also address concerns over land availability, biodiversity loss, and price volatility due to crop failure. Nevertheless, there is further potential for technology development in processing of advanced biomass to boost renewable fuel production. The scaling up of renewable refinery capacities will help to lower the production costs in the long term, making them competitive enough to replace petroleum fuels.
Scope
- This report assesses the potential for biofuels, particularly renewable fuels, in addressing the concerns of industrial decarbonization
- It highlights the various industry, technology and regulatory trends influencing the biofuels theme.
- It evaluates the global active and upcoming renewable fuels capacity across standalone, co-processing as well as crude oil conversion refineries.
- It analyses the overall biofuels value chain and identifies major players across different elements of the value chain.
- The report also provides an overview of the competitive positions held by leading oil and gas players in renewable fuel production.
- Know about biofuels, both conventional and advanced, and their potential role in the global energy transition
- Identify the key trends supporting the global adoption of biofuels.
- Review the capacity additions in renewable fuel plants across major geographies.
- Understand the biofuels value chain and identify the oil and gas leaders with this space.
- Identify and benchmark key oil and gas players in the biofuels theme.
- Executive Summary
- Players
- Technology Briefing
- Biofuels are a key component of the energy transition
- Defining biofuels
- Types of biofuels
- Ethanol
- Biodiesel
- Renewable diesel
- Sustainable Aviation Fuel
- Applications of biofuels
- Advantages and disadvantages of biofuels
- Biofuel production process
- Pretreatment
- Conversion
- Biomass – the key raw material for biofuels
- Trends
- Industry trends
- Technology trends
- Regulatory trends
- Regulations by region
- Regulations by sector
- Industry Analysis
- Global biofuel production and consumption outlook
- Outlook for renewable refineries looks promising
- Competitive landscape
- Timeline
- Signals
- M&A trends
- Venture financing trends
- Patent trends
- Company filing trends
- Value Chain
- Biomass sources
- Pre-treatment
- Physical pretreatment
- Chemical pretreatment
- Physicochemical pretreatment
- Biological pretreatment
- Conversion
- Thermochemical conversion
- Biological conversion
- Chemical conversion
- Storage and distribution
- End-use industries
- Companies
- Glossary
- Further Reading
- GlobalData reports
- Our Thematic Research Methodology
- About GlobalData
- Contact Us
- Table 1: Biomass – the key raw material for biofuels
- Table 2: Industry trends
- Table 3: Technology trends
- Table 4: Regulations by region
- Table 5: Regulations by sector
- Table 6: Key M&A transactions associated with the biofuels theme since January 2021
- Table 7: Key venture financing deals associated with the biofuels theme since January 2020
- Table 8: Companies
- Table 9: Glossary
- Table 10: GlobalData reports
- List of Figures
- Figure 1: Who are the leading players in the biofuels theme and where do they sit in the value chain?
- Figure 2: Transportation sector attracts nearly half of global crude oil demand
- Figure 3: GlobalData’s thematic framework for the energy transition
- Figure 4: A wide range of organic matter can be processed into biofuels
- Figure 5: Types of biofuels
- Figure 6: Applications of biofuels
- Figure 7: Advantages and drawbacks of biofuels
- Figure 8: Transportation sector accounted for nearly half of global demand for petroleum products
- Figure 9: Supply for biofuels is anticipated to grow at a steady rate
- Figure 10: Renewable refinery capacity is anticipated to more than double
- Figure 11: Production capacity for standalone renewable refineries anticipated to grow manifold
- Figure 12: Besides US, Panama and Singapore could emerge as major suppliers of renewable fuels
- Figure 13: Leading Finnish refiner Neste has also made its mark on the renewable fuels market
- Figure 14: Several oil majors have gained a strong foothold in biofuel production
- Figure 15: The biofuels story
- Figure 16: M&A activity in the biofuels industry has grown in recent years
- Figure 17: The acceleration of biofuel-related venture capital financing activity started in 2019
- Figure 18: Novo Nordisk and Bayer led in patents activity on biofuels
- Figure 19: Filling mentions for biofuels theme has seen an uptick in recent years
- Figure 20: The biofuels value chain
- Figure 21: The biofuels value chain: Pre-treatment
- Figure 22: The biofuels value chain: Conversion
- Figure 23: The biofuels value chain: Storage and distribution
- Figure 24: Our five-step approach for generating a sector scorecard
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