According to Stratistics MRC, the Global Advanced Biofuels Market is expected to grow from $8.64 billion in 2016 to reach $99.74 billion by 2023 with a CAGR of 41.8%. Increasing market for renewable energy, encouraging environmental regulations, and growing investments in the market are some of the driving factors. In addition, raising RD activities in biofuels is favoring the market growth during the forecast period. On the other hand, production process limitations, threat from substitute products are the factors hampering the market growth.
The biodiesel biofuels segment leads the market globally with the biggest market share during the forecast period. The growth of this segment is attributed to increasing usage as engine fuel. North America accounted for the largest share in Advanced Biofuels market followed by Europe. However, Asia Pacific is expected to witness highest growth on account of rapidly expanding manufacturing industry and rising awareness about usage of advanced biofuels in China, Indonesia and India.
Some of the key players in Global Advanced Biofuels Market include A2BE Carbon Capture, LLC, Abengoa bioenergy, Algenol Biofuels, Bankchak Petroleum, Chemtex group, Clariant Produkte Deutschland GmbH, DuPont Industrial Biosciences, Fiberight LLC, Fujian Zhongde Energy Co., Ltd, GranBio, Inbicon, INEOS Bio, KiOR Inc., POETDSM Advanced Biofuels LLC, Sundrop Fuels, Inc., and ZeaChem Inc.
Raw Materials covered:
Jatropha
Camelina
Algae
Simple Lignocellulose
Complex lignocellulose
Other Raw Materials
o NonCorn Starch Ethanol
Biofuel Types covered:
Cellulosic biofuels
Biodiesels
Biogas
Biobutanol
Other Biofuel Types
o Animal Wastes
o Nonfood Crop Residues
Process covered:
Biochemical Process
Thermochemical Process
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Original Article: Advanced Biofuels Global Market Outlook 20172023 [Report Updated: 01072017] Prices from USD $4150
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