Biofuels Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028

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.

Emergen Research’s latest document, titled ‘Global Biofuels Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Biofuels market. The report’s authors have offered necessary details on the latest Biofuels market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Biofuels industry entails useful insights into the estimated Biofuels market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists.

Gain Access to the Complete Report @ https://www.emergenresearch.com/industry-report/biofuels-market

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.

Valuable Market Insights:

• The report highlights the latest trends observed in the consumption pattern of each regional segment.
• Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
• The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Biofuels market.
• The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

To Get a PDF Sample Copy of the Report, visit @ https://www.emergenresearch.com/request-sample/114

Competitive Terrain:

• 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.

Global Biofuels Market Report – Table of Contents:

• Chapter 1 includes the global Biofuels market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
• Chapter 2 broadly categorizes the Biofuels market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
• Chapter 3 elaborates on the competitive outlook of the Biofuels market, focusing on the major manufacturers and vendor landscape.
• Chapter 4 exhaustively studies the key manufacturers of the Biofuels industry, along with their anticipated sales and revenue shares.

Key questions addressed in the report:

• Who are the leading players dominating the global Biofuels Market?
• Which factors could potentially hamper the global market growth during the forecast period?
• Which regional market offers the most attractive growth opportunities to the companies operating in this market?
• How is the raw material availability affecting the demand for Biofuels in this industry vertical?

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.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkdIn | Twitter | Blogs

Explore More press releases from Emergen Research:

Solar Energy Market

Waste to Energy Market

Ammunition Market

Light Weapons Market

Industrial Control Systems Security Market