Global Biofuels Markets Report 2023-2028 with Competitive Analysis of ADM, Cargill, Chevron Renewable Energy, Green Plains, Hf Sinclair, Marquis, & Poet
Global Biofuels Markets Report 2023-2028 with Competitive Analysis of ADM, Cargill, Chevron Renewable Energy, Green Plains, Hf Sinclair, Marquis, & Poet Yahoo Finance
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Biofuels: Global Markets
Report Overview
The “Biofuels: Global Markets” report, available on ResearchAndMarkets.com, provides an analysis of the global biofuel market and its growth potential. The report predicts that the global biofuel market will reach $143.8 billion by 2028, with a compound annual growth rate (CAGR) of 2.7%.
Market Overview
- The global biofuel market is expected to grow from $125.9 billion in 2023 to $143.8 billion in 2028.
- The report provides an overview of biofuel types, manufacturing methods, feedstock options, typical plant costs, and operating margins.
- North America accounted for the largest share of the global biofuel market revenue in 2022, followed by South America and Europe.
- Ethanol was the dominant biofuel type in 2022, representing 67.1% of the market share.
- Biofuel consumption increased by approximately 6% in 2022, driven by U.S. and EU biofuel policies.
Market Outlook
- Biodiesel is expected to experience a higher CAGR compared to the ethanol market due to the increasing demand for renewable diesel.
- The report provides market size estimates and sales forecasts for ethanol, biodiesel, and other fuel types until 2028 in each region.
- It covers technical and commercial developments in advanced biofuels and emerging technologies within the biofuel sector.
Competitive Landscape
- The report concludes with a competitive landscape analysis of the global biofuel market and discusses emerging technologies in the sector.
- It includes company profiles of key players in the biofuel industry.
Key Topics Covered:
- An estimate of market size and analyses of global market trends
- An evaluation of the market potential for biofuels based on biofuel type and region
- Coverage of technical and commercial developments in advanced biofuels
- A look at the regulatory framework regarding the use of biofuels
- Analysis of significant patent activity in biofuels
- A market outlook for major companies in the industry
Company Profiles
The report includes company profiles of major players in the biofuel industry.
For more information about this report, visit ResearchAndMarkets.com.
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SOURCE Research and Markets
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 7: Affordable and Clean Energy
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 13: Climate Action
2. What specific targets under those SDGs can be identified based on the article’s content?
- SDG 7.2: Increase substantially the share of renewable energy in the global energy mix.
- SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable.
- SDG 13.2: Integrate climate change measures into national policies, strategies, and planning.
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Market size and growth rate of the global biofuel market.
- Share of biofuels in the world energy matrix.
- Volume of biofuel consumption and its growth rate.
Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase substantially the share of renewable energy in the global energy mix. | Market size and growth rate of the global biofuel market. |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable. | Share of biofuels in the world energy matrix. |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning. | Volume of biofuel consumption and its growth rate. |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: finance.yahoo.com
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