Global Biofuel Consumption Market Summary and Forecast
Summary
Global Biofuel Consumption industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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.
- The global biofuels market had total revenues of $190.3 billion in 2022, representing a compound annual growth rate (CAGR) of 8.7% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 2.2% between 2017 and 2022, to reach a total of 1,074.2 thousand barrels in 2022.
- Demand for biofuel in transportation and power generation has been boosted in recent years as part of countries’ efforts to use alternative green fuels, to cut greenhouse gas emissions.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biofuel consumption market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global biofuel consumption market
- 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 Global biofuel consumption market with five year forecasts by both value and volume
- What was the size of the Global biofuel consumption market by value in 2022?
- What will be the size of the Global biofuel consumption market in 2027?
- What factors are affecting the strength of competition in the Global biofuel consumption market?
- How has the market performed over the last five years?
- Who are the top competitiors in the global's biofuel consumption market?
- 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 are the strengths of leading players?
- 7.3. What strategies do leading players follow?
- 8 Company Profiles
- 8.1. Shell plc.
- 8.2. CITGO Petroleum Corporation
- 8.3. Targray Technology International Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. About MarketLine
- List of Tables
- Table 1: Global biofuel consumption market value: $ billion, 2017–22
- Table 2: Global biofuel consumption market volume: thousand Barrels, 2017–22
- Table 3: Global biofuel consumption market category segmentation: % share, by value, 2017–2022
- Table 4: Global biofuel consumption market category segmentation: $ billion, 2017-2022
- Table 5: Global biofuel consumption market geography segmentation: $ billion, 2022
- Table 6: Global biofuel consumption market value forecast: $ billion, 2022–27
- Table 7: Global biofuel consumption market volume forecast: thousand Barrels, 2022–27
- Table 8: Cosan Ltd (Inactive): key facts
- Table 9: Shell plc.: key facts
- Table 10: Shell plc.: Annual Financial Ratios
- Table 11: Shell plc.: Key Employees
- Table 12: CITGO Petroleum Corporation: key facts
- Table 13: CITGO Petroleum Corporation: Key Employees
- Table 14: Targray Technology International Inc.: key facts
- Table 15: Global exchange rate, 2018–22
- List of Figures
- Figure 1: Global biofuel consumption market value: $ billion, 2017–22
- Figure 2: Global biofuel consumption market volume: thousand Barrels, 2017–22
- Figure 3: Global biofuel consumption market category segmentation: $ billion, 2017-2022
- Figure 4: Global biofuel consumption market geography segmentation: % share, by value, 2022
- Figure 5: Global biofuel consumption market value forecast: $ billion, 2022–27
- Figure 6: Global biofuel consumption market volume forecast: thousand Barrels, 2022–27
- Figure 7: Forces driving competition in the global biofuel consumption market, 2022
- Figure 8: Drivers of buyer power in the global biofuel consumption market, 2022
- Figure 9: Drivers of supplier power in the global biofuel consumption market, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the global biofuel consumption market, 2022
- Figure 11: Factors influencing the threat of substitutes in the global biofuel consumption market, 2022
- Figure 12: Drivers of degree of rivalry in the global biofuel consumption market, 2022
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