North America Biofuel Market Size- By Fuel Type, By Feedstock, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Biofuel Market Introduction and Overview
According to SPER market research, ‘North America Biofuel Market Size- By Fuel Type, By Feedstock, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Biofuel Market is predicted to reach USD 143.62 million by 2033 with a CAGR of 7.36%.
Biofuel refers to an environmentally friendly energy source derived from organic materials such as plant and animal fats. It offers environmental benefits over conventional fossil fuels like coal and petroleum by reducing greenhouse gas emissions and dependency on finite resources. Biofuels can be categorized as first-, second-, or third-generation depending on the process used in production and the feedstock used. Primarily ethanol and biodiesel are produced from food crops such as maize, sugarcane, and soybeans.
The COVID-19 epidemic has significantly impacted the biofuels industry in North America. Widespread lockdowns and limitations on travel and transit during the early phases of the crisis led to a dramatic decline in the demand for transportation fuels, particularly biofuels. As a result, little ethanol was generated since many biofuel factories had to reduce or close. Production of biofuel was further hampered by supply chain interruptions, such as insufficient feedstock availability and logistical difficulties.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Fuel Type, By Feedstock, By Application
Regions covered US, Canada, Mexico, Rest of North America
Companies Covered
ADM, Chevron Corporation, Clean Energy, Cargill, COFCO, FutureFuel Corporation, Gevo, Inc., Poet LLC, Total Energies, UPM, Verbio
North America Biofuel Market Key Segments Covered
By Fuel Type: Based on the Fuel Type, North America Biofuel Market is segmented as; Biodiesel, Ethanol.
By Feedstock:Based on the Feedstock, North America Biofuel Market is segmented as; Coarse Grain, Sugar Crop, Vegetable Oil.
By Application:Based on the Application, North America Biofuel Market is segmented as; Transportation, Aviation.
By Region:This research also includes data for US, Canada, Mexico, Rest of North America.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the North America Biofuel Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. North America Biofuel Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in North America Biofuel Market
- 7. North America Biofuel Market, By Fuel Type (USD Million) 2020-2033
- 7.1. North America Biofuel Market Size, Share and Forecast, By Fuel Type, 2020-2026
- 7.2. North America Biofuel Market Size, Share and Forecast, By Fuel Type, 2027-2033
- 7.3. Biodiesel
- 7.4. Ethanol
- 8. North America Biofuel Market, By Feedstock (USD Million) 2020-2033
- 8.1. North America Biofuel Market Size, Share and Forecast, By Feedstock, 2020-2026
- 8.2. North America Biofuel Market Size, Share and Forecast, By Feedstock, 2027-2033
- 8.3. Coarse Grain
- 8.4. Sugar Crop
- 8.5. Vegetable Oil
- 9. North America Biofuel Market, By Application (USD Million) 2020-2033
- 9.1. North America Biofuel Market Size, Share and Forecast, By Application, 2020-2026
- 9.2. North America Biofuel Market Size, Share and Forecast, By Application, 2027-2033
- 9.3. Transportation
- 9.4. Aviation
- 10. North America Biofuel Market Forecast, 2020-2033 (USD Million)
- 10.1. North America Biofuel Market Size and Market Share
- 11. North America Biofuel Market, By Region, 2020-2033 (USD Million)
- 11.1. North America Biofuel Market Size and Market Share By Region (2020-2026)
- 11.2. North America Biofuel Market Size and Market Share By Region (2027-2033)
- 11.3. US
- 11.4. Canada
- 11.5. Mexico
- 11.6. Rest of North America
- 12. Company Profile
- 12.1. ADM
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Chevron Corporation
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. Clean Energy
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Cargill
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. COFCO
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. FutureFuel Corporation
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Gevo, Inc.
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Poet LLC
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Total Energies
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. UPM
- 12.10.1. Company details
- 12.10.2. Financial outlook
- 12.10.3. Product summary
- 12.10.4. Recent developments
- 12.11. Verbio
- 12.11.1. Company details
- 12.11.2. Financial outlook
- 12.11.3. Product summary
- 12.11.4. Recent developments
- 12.12. Others
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
Research Assistance
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