Biofuels Market

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Biofuels Market Size Worth USD 247.38 Billion by
2027
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Growing environmental awareness and increasing
government supportive policies and initiatives
regarding the adoption of biofuels are driving
the demand of the market.
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Our Model
Market Analysis
Financial Analysis
Distribution Channel Analysis
Brand Analysis
Custom Market Intelligence
Competitor Analysis
Product Analysis
Custom Research
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Demand Analysis
Risk Analysis
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Business Plan Parameters
End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel Feasibility
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Customer Identification Survey
Competitive Landscape / MA Feasibility
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Industries We Cater to
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Market Summary
The global Biofuels Market is expected to reach
USD 247.38 Billion by 2027, according to a new
report by Emergen Research. The growth of this
market can be attributed to the growing
environmental awareness among consumers and
increasing government supportive policies and
initiatives regarding the adoption of biofuels to
reduce the emission levels of carbon dioxide in
the environment. Advancing research and
development for the production of cost-effective
biofuels is augmenting the demand for the
industry. The pandemic has severely affected the
automotive transportation industry, and
disrupted the supply chain, raw material
supplies. The liquidity shortfall and the cash
crisis have already affected the sales of the
product. The declining demand for road transport
will directly affect the production of biofuel. .
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Market Summary
Key Highlights From The Report Ethanol dominated
the market with a share of 61.5 in 2019 due to
its higher efficiencies and lower emission levels
of carbon dioxide. The huge demand for corn for
the production of biofuels is mainly due to its
larger availability and lower price. Excessive
usage of corn all across the world is leading to
the scarcity of the food products made from
corn. The increasing demand for liquid biofuel is
mainly due to its growing usage in the
transportation sector, mostly the aviation
segment. North America dominated the market with
a share of 48.6 in 2019, owing to the presence
of a substantial amount of feedstock. Besides,
the U.S. is one of the leading producers of
biofuels and is also utilizing it in the
transportation sector. Asia-Pacific is expected
to register the highest CAGR over the forecast
period due to the presence of favorable
regulations and policies by the governments. Key
participants include Archer Daniels Midland
Company, Abengoa Bioenergy, Petrobras, Green
Plains, Valero Energy Corporation, Bajaj
Hindusthan Ltd, Renewable Energy Group, Inc.,
Royal Dutch Shell, POET, LLC, and Pacific
Ethanol, Inc., among others. Request Free Sample
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Market Summary
Emergen Research has segmented the global
Biofuels Market on the basis of Product type,
feedstock, form, and region Product Type Outlook
(Revenue, USD Billion 2017-2027) Biodiesel Ethano
l Feedstock Outlook (Revenue, USD Billion
2017-2027) Vegetable Oils Corn Sugarcane Others Fo
rm Outlook (Revenue, USD Billion
2017-2027) Liquid Biofuel Solid Biofuel Gaseous
Biofuel Read More_at_ https//www.emergenresearch.
com/industry-report/biofuels-market
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Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2027
Quantitative Units Revenue in USD million CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization expert consultation
Pricing and Purchase Options Explore Different Purchase Options Request for Discount to Avail New Year Discount
MARKET SEGMENTATION
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Regional Share Dynamics
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About Us
At Emergen Research, we believe in advancing with
technology. We are a growing market research and
strategy consulting company with an exhaustive
knowledge base of cutting-edge and potentially
market-disrupting technologies that are predicted
to become more prevalent in the coming
decade. Our expertise umbrellas the
technological environment of all major
industries, and our services help you map your
actions to ensure optimal yield. Our analysts
utilize their market proficiency to offer
actionable insights that help our clients
implement profitable strategies and optimize
their return on investment. Our services are
wide-ranging, right from technological
environment analysis to technological profiling
that highlights the existing opportunities in the
market you can capitalize on to stay ahead of
your competitors.
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