Global Advanced Biofuels Market Growth 2023-2029

Global Advanced Biofuels Market Growth 2023-2029

Advanced biofuels, also known as second generation biofuels are the renewable fuels which are used as alternatives for gasoline and diesels with very low emission of the greenhouse gases. Advanced biofuels can be manufactured by using various types of biomass like, lignocellulose, non-corn starch & sugar. Advanced biofuels mostly uses the lignocellulose biomass for the production of biofuels. 

LPI (LP Information)' newest research report, the “Advanced Biofuels Industry Forecast” looks at past sales and reviews total world Advanced Biofuels sales in 2022, providing a comprehensive analysis by region and market sector of projected Advanced Biofuels sales for 2023 through 2029. With Advanced Biofuels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Advanced Biofuels industry.

This Insight Report provides a comprehensive analysis of the global Advanced Biofuels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Advanced Biofuels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Advanced Biofuels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Advanced Biofuels and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Advanced Biofuels.

The global Advanced Biofuels market size is projected to grow from US$ 15760 million in 2022 to US$ 73430 million in 2029; it is expected to grow at a CAGR of 73430 from 2023 to 2029.

The increasing global consumption of energy is demanding for more renewable and sustainable sources of energy.  Advanced biofuels being environment friendly will be adopted by people across the globe. It can be used in automotive as well as aviation fuel in the near future as a sustainable alternative to traditional fuels. There are very few numbers of advanced biofuel manufacturers and it is expected there would be more manufacturers over the forecast period. Huge investments are being made by companies in R&D to develop technologies to convert biomass into advanced biofuels. The global advanced biofuels market is foreseen to register a promising two digit CAGR over the period of forecast.

This report presents a comprehensive overview, market shares, and growth opportunities of Advanced Biofuels market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Cellulosic Biofuels
Biodiesels
Biogas
Biobutanol
Others

Segmentation by application
Automotive
Aviation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
A2BE Carbon Capture
Algenol Biofuels
Sundrop Fuels
LanzaTech
Green Biologics
Bankchak Petroleum

Key Questions Addressed in this Report

What is the 10-year outlook for the global Advanced Biofuels market?

What factors are driving Advanced Biofuels market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Advanced Biofuels market opportunities vary by end market size?

How does Advanced Biofuels break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.