Global Biofuel Energy Market Overview:
Biofuel, any fuel that is derived from biomass that is, plant or algae material or animal waste. Since such feedstock material can be replenished readily, biofuel energy is considered to be a source of renewable energy, unlike fossil fuels such as coal, petroleum, and natural gas. Furthermore, Biofuel energy is usually advocated as a cost-effective and environmentally benign alternative to petroleum and other fossil fuels, particularly within the context of rising petroleum prices and increased concern over the contributions made by fossil fuels to global warming.
- Supportive Government Policies That Encourage the Rapid Growth of Biofuel Production
- Large R&D Efforts and Sizable Investments Being Made By Public and Private Organizations
- High Economic Growth, Underway For Several Decades in Most Developing Countries across the Globe, Has Resulted In Robust Demand for Various Energy Sources
- Accelerating Agricultural Development
- Increased Energy Prices Coupled With Market Volatility
- Fluctuating Raw Material Prices
- The Production and Use of Biofuels Produce a Range Of Emissions
- Next (Second and Third) Generation Biofuel Technologies
- The Emerging Demand from Developing Countries
Some of the key players profiled in the report are Copersucar S.A DSM (Brazil), Green Plains Inc. (United States), Aemetis Inc. (United States), Western Dubuque Biodiesel Llc (United States), TerraVia (United States), Renewable Energy Group (United States), Raizen Energia Participacoes S.A (Brazil), BlueFire Renewables (United States), Aventine Renewable Energy Holdings, Inc. (AVRW) (United States) and Australian Renewable Fuels Ltd. (Australia). Additionally, following companies can also be profiled that are part of our coverage like POET LLC (United States), Sapphire Energy (United States), Iogen Corporation (Canada), BP Biofuels (Brazil), Codexis (United States) and Carbon Green LLC (United States). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Biofuel Energy market by 2024. Considering Market by Source Type, the sub-segment i.e. Lignocellulose will boost the Biofuel Energy market. Considering Market by Form Type, the sub-segment i.e. Solid will boost the Biofuel Energy market.
On 21 June 2019, Western Dubuque Biodiesel, a leading biofuel energy company announced the monarch fueling station project. and On 22 July 2019, BP announced the major expansion in renewable energy, combining biofuels and biopower with Bunge in Brazil to create a world-class bioenergy company.
On 21 Jul 2019, a new biodiesel facility has commenced production in Barnawartha in the Australian state of Victoria, supplying biodiesel fuel blends B5, B20 and B100. Operated by new owners Just Biodiesel, in partnership with Refueling Solutions, the biorefinery will produce the renewable, clean-burning diesel replacement. and On 26 Oct 2018, POET LLC, the largest biofuel producer announced the new 80 million-gallon-per-year facility with full construction started, the expected completion date for the nearly USD160 million facility is spring of 2020.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Biofuel Energy market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Biofuel Energy market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Biofuel Energy Manufacturers, Biofuel Energy Raw Material Suppliers, Biofuel Energy Traders/Distributors, Regulatory & Government Bodies, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.