Biofuel Consumption in Europe
Summary
Biofuel Consumption in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Biofuels are renewable energy sources produced from organic materials or biomass. Biofuels help in reducing greenhouse gas emissions and are therefore used as a substitute for fossil fuels such as gasoline and diesel. Market volume represents consumption of biofuel in a country in a specific year. Market value is calculated by multiplying market volume with wholesale price of biofuel.
- The European biofuel consumption market recorded revenues of $33.4 billion in 2023, representing a compound annual growth rate (CAGR) of 11.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 2.2% between 2018 and 2023, to reach a total of 178.3 million barrel in 2023.
- The value market growth during 2018-2023 is attributed to government policies and regulations, environmental concerns and climate change, technological advancements, increasing demand for sustainable fuels in transportation, and growing concern for energy security.
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the biofuel consumption market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biofuel consumption market in Europe
- Leading company profiles reveal details of key biofuel consumption market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe biofuel consumption market with five year forecasts by both value and volume
- What was the size of the Europe biofuel consumption market by value in 2023?
- What will be the size of the Europe biofuel consumption market in 2028?
- What factors are affecting the strength of competition in the Europe biofuel consumption market?
- How has the market performed over the last five years?
- How large is Europe’s biofuel consumption market in relation to its regional counterparts?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the biofuel consumption industry?
- 8 Company Profiles
- 8.1. Neste Corp
- 8.2. Repsol SA
- 8.3. Verbio SE
- 8.4. TotalEnergies SE
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Europe biofuel consumption market value: $ million, 2018-23
- Table 2: Europe biofuel consumption market volume: thousand barrel, 2018-23
- Table 3: Europe biofuel consumption market category segmentation: % share, by value, 2018-23
- Table 4: Europe biofuel consumption market category segmentation: $ million, 2018-23
- Table 5: Europe biofuel consumption market geography segmentation: $ million, 2023
- Table 6: Europe biofuel consumption market value forecast: $ million, 2023-28
- Table 7: Europe biofuel consumption market volume forecast: thousand barrel, 2023-28
- Table 8: Neste Corp: Key Facts
- Table 9: Neste Corp: Annual Financial Ratios
- Table 10: Neste Corp: Key Employees
- Table 11: Repsol SA: Key Facts
- Table 12: Repsol SA: Annual Financial Ratios
- Table 13: Repsol SA: Key Employees
- Table 14: Repsol SA: Key Employees Continued
- Table 15: Verbio SE: Key Facts
- Table 16: Verbio SE: Annual Financial Ratios
- Table 17: Verbio SE: Key Employees
- Table 18: TotalEnergies SE: Key Facts
- Table 19: TotalEnergies SE: Annual Financial Ratios
- Table 20: TotalEnergies SE: Key Employees
- Table 21: Europe Size of Population (million), 2019-23
- Table 22: Europe Real GDP (constant 2010 Prices, $ billion), 2019-23
- Table 23: Europe GDP (current prices, $ billion), 2019-23
- Table 24: Europe Inflation, 2019-23
- Table 25: Europe Consumer Price Index (absolute), 2019-23
- Table 26: Europe Exchange Rate, 2018-23
- List of Figures
- Figure 1: 220 Laboratories Inc: Deal Activity by Deal Type - Volume (2020 - YTD*2024)
- Figure 2: 220 Laboratories Inc: Private Equity and Ownership Volume and Value Trend (2020 - YTD*2024)
- Figure 3: 220 Laboratories Inc: Private Equity and Ownership Volume by Deal Type (2020 - YTD*2024)
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