Global Renewable Fuel Market 2024-2028
Global Renewable Fuel Market 2024-2028
The renewable fuel market is forecasted to grow by USD 66.7 mn during 2023-2028, accelerating at a CAGR of 7.13% during the forecast period. The report on the renewable fuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of waste-to-energy technologies, growing demand for sustainable aviation fuel (saf), and advances in catalysis for renewable fuel production.
Technavio's renewable fuel market is segmented as below:
- By Type
- Biofuels
- Hydrogen
- Biomethane
- Others
- By End-user
- Road transporation
- Avaition
- Marine
- Residential
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the development of e-fuels as one of the prime reasons driving the renewable fuel market growth during the next few years. Also, growing investments and collaborations for renewable fuel production and development of advanced biofuels will lead to sizable demand in the market.
The report on the renewable fuel market covers the following areas:
- Renewable fuel market sizing
- Renewable fuel market forecast
- Renewable fuel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading renewable fuel market vendors that include Aemetis Inc., ALTO INGREDIENTS Inc., Archer Daniels Midland Co., BP Plc, Bunge Ltd., Cargill Inc., Chevron Corp., Clariant AG, Cox Energy SAB de CV, Eni SpA, Enviva Inc., Green Plains Inc., INEOS AG, Louis Dreyfus Co. BV, Neste Corp., Novozymes AS, POET LLC, Shell plc, Suncor Energy Inc., TotalEnergies SE, and Valero Energy Corp.. Also, the renewable fuel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.