Global Advanced Biofuels Market Insights, Growth, Share, Size: By Feedstock Type, By Technology, By Region & Segmental Forecast, 2023-2031, Comparative Analysis and Trends
Global Advanced Biofuels Market to Reach USD 41.06 Bn by 2031, with an Estimated CAGR of 8%, states AMI.
Conventional biofuels (also known as first generation biofuels) are produced globally, with a current annual output volume of more than 100 billion litres. Advanced biofuels, often known as second or third generation biofuels, offer a crucial step forward in the world's transition to a sustainable bioeconomy. These fuels are made from a diverse range of mostly non-edible biomass feedstocks. Advanced biofuels play a critical role in the transition towards a more sustainable and low-carbon energy future, offering an alternative to conventional fossil fuels while addressing concerns related to energy security, environmental sustainability, and climate change mitigation.
Global Advanced Biofuels Market Future
The future of the advanced biofuel market appears promising, driven by rising environmental concerns and the urgent need to restrain carbon emissions in the transportation sector. With evolving regulatory support, technological innovations, and diversified feedstock options such as waste, algae, and cellulosic biomass, the market is poised for significant growth. Collaborative efforts, investments in R&D, and scaling up production capacities are set to propel advanced biofuels toward becoming a pivotal sustainable energy solution, reshaping the global fuel landscape.
Global Advanced Biofuels Market Challenges
The advanced biofuels market is still facing technological challenges in moving from laboratory to demonstration to commercial scale production. Furthermore, the costs of certain technologies remain too expensive to compete with fossil fuels, which do not have environmental consequences. Perhaps more crucially, uncertainty over incentives, such as varied and delayed fuel consumption obligations, has produced an unstable market that hampers private investment and collaborations for the market players. Furthermore existing infrastructure primarily designed for conventional fuels may not be fully compatible with advanced biofuels, leading to the upgrading or retrofitting infrastructure to accommodate biofuels, ensuring their distribution, storage, and handling, which can pose logistical and investment challenges.
Global Advanced Biofuels Market Revenue & Forecast, (US$ Million), 2015 – 2031
Algae based feedstock type is estimated to be the fastest growing feedstock type during the forecast years. Algae-based biofuels have been receiving attention due to their high lipid content and potential for rapid growth in various environmental conditions. Algae can be cultivated using non-arable land and wastewater, offering a sustainable feedstock source for biofuel production. Research and development in algae-based biofuels continue to advance to improve efficiency and scalability.
Asia Pacific region is anticipated to be the fastest growing region in the advanced biofuels market during the forecast period 2023-2031. The market continues to evolve, driven by a combination of regulatory frameworks, technological advancements, investment inflows, and growing awareness of the need for sustainable energy sources. Some companies in countries like Japan, India, China, and Australia have initiated pilot plants or demonstration projects for advanced biofuel production along with the government assistance. Furthermore companies and research institutions in the Asia-Pacific region are forming collaborations with international firms and technology providers to leverage expertise and advance biofuel production technologies.
Competitive Landscape
The global advanced biofuels market is highly competitive and evolving, driven by various companies and organizations involved in research, production, and commercialization of biofuels derived from non-food sources. The competitive landscape of the advanced biofuels market includes a mix of established players, emerging startups, and collaborations between technology providers, fuel producers, and agricultural firms.
Key Competitors in the global advanced biofuels market are
- Chemtex Global Corporation
- Clariant
- DowDuPont Inc.
- GranBio
- Ineos Group
- Ørsted A/S
- POET-DSM Advanced Biofuels LLC
- Other market participants
Global Advanced Biofuels Market
By Feedstock Type
- Cellulosic Biomass
- Algae-Based
- Waste-Based
- Others
By Technology
- Fermentation
- Thermochemical
- Biochemical Conversion
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe)
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
Table of Contents
1. Market Scope
1.1. Market Segmentation
1.2. Years Considered
1.2.1. Historic Years: 2015 - 2021
1.2.2. Base Year: 2022
1.2.3. Forecast Years: 2023 – 2031
2. Key Target Audiences
3. Research Methodology
3.1. Primary Research
3.1.1. Research Questionnaire
3.1.2. Global Percentage Breakdown
3.1.3. Primary Interviews: Key Opinion Leaders (KOLs)
3.2. Secondary Research
3.2.1. Paid Databases
3.2.2. Secondary Sources
3.3. Market Size Estimates
3.3.1. Top-Down Approach
3.3.2. Bottom-Up Approach
3.4. Data Triangulation Methodology
3.5. Research Assumptions
4. Recommendations and Insights from AMI’s Perspective**
5. Holistic Overview of Advanced Biofuels Market
6. Market Synopsis:
Advanced Biofuels Market
7. Advanced Biofuels
Market Analysis: Qualitative Perspective
7.1. Introduction
7.1.1. Product Definition
7.1.2. Industry Development
7.2. Market Dynamics
7.2.1. Drivers
7.2.2. Restraints
7.2.3. Opportunities
7.3. Trends in Advanced Biofuels
Market
7.4. Market Determinants Radar Chart
7.5. Macro-Economic and Micro-Economic Indicators: Advanced
Biofuels Market
7.6. Porter’s Five Force Analysis
8. Global Advanced Biofuels
Market Analysis and Forecasts, 2023 – 2031
8.1. Overview
8.1.1. Global Advanced Biofuels
Market Revenue (US$ Mn)
8.2. Global Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
8.2.1. Cellulosic Biomass
8.2.1.1. Definition
8.2.1.2. Market Estimation and Penetration, 2015 - 2022
8.2.1.3. Market Forecast, 2023 - 2031
8.2.1.4. Compound Annual Growth Rate (CAGR)
8.2.1.5. Regional Bifurcation
8.2.1.5.1. North America
8.2.1.5.1.1. Market Estimation, 2015 - 2022
8.2.1.5.1.2. Market Forecast, 2023 - 2031
8.2.1.5.2. Europe
8.2.1.5.2.1. Market Estimation, 2015 - 2022
8.2.1.5.2.2. Market Forecast, 2023 - 2031
8.2.1.5.3. Asia Pacific
8.2.1.5.3.1. Market Estimation, 2015 - 2022
8.2.1.5.3.2. Market Forecast, 2023 - 2031
8.2.1.5.4. Middle East and Africa
8.2.1.5.4.1. Market Estimation, 2015 - 2022
8.2.1.5.4.2. Market Forecast, 2023 - 2031
8.2.1.5.5. Latin America
8.2.1.5.5.1. Market Estimation, 2015 - 2022
8.2.1.5.5.2. Market Forecast, 2023 - 2031
8.2.2. Algae-Based
8.2.2.1. Definition
8.2.2.2. Market Estimation and Penetration, 2015 - 2022
8.2.2.3. Market Forecast, 2023 - 2031
8.2.2.4. Compound Annual Growth Rate (CAGR)
8.2.2.5. Regional Bifurcation
8.2.2.5.1. North America
8.2.2.5.1.1. Market Estimation, 2015 - 2022
8.2.2.5.1.2. Market Forecast, 2023 - 2031
8.2.2.5.2. Europe
8.2.2.5.2.1. Market Estimation, 2015 - 2022
8.2.2.5.2.2. Market Forecast, 2023 - 2031
8.2.2.5.3. Asia Pacific
8.2.2.5.3.1. Market Estimation, 2015 - 2022
8.2.2.5.3.2. Market Forecast, 2023 - 2031
8.2.2.5.4. Middle East and Africa
8.2.2.5.4.1. Market Estimation, 2015 - 2022
8.2.2.5.4.2. Market Forecast, 2023 - 2031
8.2.2.5.5. Latin America
8.2.2.5.5.1. Market Estimation, 2015 - 2022
8.2.2.5.5.2. Market Forecast, 2023 - 2031
8.2.3. Waste-Based
8.2.3.1. Definition
8.2.3.2. Market Estimation and Penetration, 2015 - 2022
8.2.3.3. Market Forecast, 2023 - 2031
8.2.3.4. Compound Annual Growth Rate (CAGR)
8.2.3.5. Regional Bifurcation
8.2.3.5.1. North America
8.2.3.5.1.1. Market Estimation, 2015 - 2022
8.2.3.5.1.2. Market Forecast, 2023 - 2031
8.2.3.5.2. Europe
8.2.3.5.2.1. Market Estimation, 2015 - 2022
8.2.3.5.2.2. Market Forecast, 2023 - 2031
8.2.3.5.3. Asia Pacific
8.2.3.5.3.1. Market Estimation, 2015 - 2022
8.2.3.5.3.2. Market Forecast, 2023 - 2031
8.2.3.5.4. Middle East and Africa
8.2.3.5.4.1. Market Estimation, 2015 - 2022
8.2.3.5.4.2. Market Forecast, 2023 - 2031
8.2.3.5.5. Latin America
8.2.3.5.5.1. Market Estimation, 2015 - 2022
8.2.3.5.5.2. Market Forecast, 2023 - 2031
8.2.4. Others
8.2.4.1. Definition
8.2.4.2. Market Estimation and Penetration, 2015 - 2022
8.2.4.3. Market Forecast, 2023 - 2031
8.2.4.4. Compound Annual Growth Rate (CAGR)
8.2.4.5. Regional Bifurcation
8.2.4.5.1. North America
8.2.4.5.1.1. Market Estimation, 2015 - 2022
8.2.4.5.1.2. Market Forecast, 2023 - 2031
8.2.4.5.2. Europe
8.2.4.5.2.1. Market Estimation, 2015 - 2022
8.2.4.5.2.2. Market Forecast, 2023 - 2031
8.2.4.5.3. Asia Pacific
8.2.4.5.3.1. Market Estimation, 2015 - 2022
8.2.4.5.3.2. Market Forecast, 2023 - 2031
8.2.4.5.4. Middle East and Africa
8.2.4.5.4.1. Market Estimation, 2015 - 2022
8.2.4.5.4.2. Market Forecast, 2023 - 2031
8.2.4.5.5. Latin America
8.2.4.5.5.1. Market Estimation, 2015 - 2022
8.2.4.5.5.2. Market Forecast, 2023 - 2031
8.3. Key Segment for Channeling Investments
8.3.1. By Feedstock Type
9. Global Advanced Biofuels
Market Analysis and Forecasts, 2023 – 2031
9.1. Overview
9.2. Global Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
9.2.1. Fermentation
9.2.1.1. Definition
9.2.1.2. Market Estimation and Penetration, 2015 - 2022
9.2.1.3. Market Forecast, 2023 - 2031
9.2.1.4. Compound Annual Growth Rate (CAGR)
9.2.1.5. Regional Bifurcation
9.2.1.5.1. North America
9.2.1.5.1.1. Market Estimation, 2015 - 2022
9.2.1.5.1.2. Market Forecast, 2023 - 2031
9.2.1.5.2. Europe
9.2.1.5.2.1. Market Estimation, 2015 - 2022
9.2.1.5.2.2. Market Forecast, 2023 - 2031
9.2.1.5.3. Asia Pacific
9.2.1.5.3.1. Market Estimation, 2015 - 2022
9.2.1.5.3.2. Market Forecast, 2023 - 2031
9.2.1.5.4. Middle East and Africa
9.2.1.5.4.1. Market Estimation, 2015 - 2022
9.2.1.5.4.2. Market Forecast, 2023 - 2031
9.2.1.5.5. Latin America
9.2.1.5.5.1. Market Estimation, 2015 - 2022
9.2.1.5.5.2. Market Forecast, 2023 - 2031
9.2.2. Thermochemical
9.2.2.1. Definition
9.2.2.2. Market Estimation and Penetration, 2015 - 2022
9.2.2.3. Market Forecast, 2023 - 2031
9.2.2.4. Compound Annual Growth Rate (CAGR)
9.2.2.5. Regional Bifurcation
9.2.2.5.1. North America
9.2.2.5.1.1. Market Estimation, 2015 - 2022
9.2.2.5.1.2. Market Forecast, 2023 - 2031
9.2.2.5.2. Europe
9.2.2.5.2.1. Market Estimation, 2015 - 2022
9.2.2.5.2.2. Market Forecast, 2023 - 2031
9.2.2.5.3. Asia Pacific
9.2.2.5.3.1. Market Estimation, 2015 - 2022
9.2.2.5.3.2. Market Forecast, 2023 - 2031
9.2.2.5.4. Middle East and Africa
9.2.2.5.4.1. Market Estimation, 2015 - 2022
9.2.2.5.4.2. Market Forecast, 2023 - 2031
9.2.2.5.5. Latin America
9.2.2.5.5.1. Market Estimation, 2015 - 2022
9.2.2.5.5.2. Market Forecast, 2023 - 2031
9.2.3. Biochemical Conversion
9.2.3.1. Definition
9.2.3.2. Market Estimation and Penetration, 2015 - 2022
9.2.3.3. Market Forecast, 2023 - 2031
9.2.3.4. Compound Annual Growth Rate (CAGR)
9.2.3.5. Regional Bifurcation
9.2.3.5.1. North America
9.2.3.5.1.1. Market Estimation, 2015 - 2022
9.2.3.5.1.2. Market Forecast, 2023 - 2031
9.2.3.5.2. Europe
9.2.3.5.2.1. Market Estimation, 2015 - 2022
9.2.3.5.2.2. Market Forecast, 2023 - 2031
9.2.3.5.3. Asia Pacific
9.2.3.5.3.1. Market Estimation, 2015 - 2022
9.2.3.5.3.2. Market Forecast, 2023 - 2031
9.2.3.5.4. Middle East and Africa
9.2.3.5.4.1. Market Estimation, 2015 - 2022
9.2.3.5.4.2. Market Forecast, 2023 - 2031
9.2.3.5.5. Latin America
9.2.3.5.5.1. Market Estimation, 2015 - 2022
9.2.3.5.5.2. Market Forecast, 2023 - 2031
9.3. Key Segment for Channeling Investments
9.3.1. By Technology
10. North America Advanced Biofuels Market Analysis and Forecasts, 2023 – 2031
10.1. Overview
10.1.1. North America Advanced Biofuels Market Revenue (US$ Mn)
10.2. North America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
10.2.1. Cellulosic Biomass
10.2.2. Algae-Based
10.2.3. Waste-Based
10.2.4. Others
10.3. North America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
10.3.1. Fermentation
10.3.2. Thermochemical
10.3.3. Biochemical Conversion
10.4. North America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
10.4.1. U.S
10.4.1.1. U.S Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
10.4.1.1.1. Cellulosic Biomass
10.4.1.1.2. Algae-Based
10.4.1.1.3. Waste-Based
10.4.1.1.4. Others
10.4.1.2. U.S Advanced Biofuels Market
Revenue (US$ Mn) and Forecasts, By Technology
10.4.1.2.1. Fermentation
10.4.1.2.2. Thermochemical
10.4.1.2.3. Biochemical Conversion
10.4.2. Canada
10.4.2.1. Canada Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
10.4.2.1.1. Cellulosic Biomass
10.4.2.1.2. Algae-Based
10.4.2.1.3. Waste-Based
10.4.2.1.4. Others
10.4.2.2. Canada Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
10.4.2.2.1. Fermentation
10.4.2.2.2. Thermochemical
10.4.2.2.3. Biochemical Conversion
10.4.3. Mexico
10.4.3.1. Mexico Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
10.4.3.1.1. Cellulosic Biomass
10.4.3.1.2. Algae-Based
10.4.3.1.3. Waste-Based
10.4.3.1.4. Others
10.4.3.2. Mexico Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
10.4.3.2.1. Fermentation
10.4.3.2.2. Thermochemical
10.4.3.2.3. Biochemical Conversion
10.4.4. Rest of North America
10.4.4.1. Rest of North America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
10.4.4.1.1. Cellulosic Biomass
10.4.4.1.2. Algae-Based
10.4.4.1.3. Waste-Based
10.4.4.1.4. Others
10.4.4.2. Rest of North America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
10.4.4.2.1. Fermentation
10.4.4.2.2. Thermochemical
10.4.4.2.3. Biochemical Conversion
10.5. Key Segment for Channeling Investments
10.5.1. By Country
10.5.2. By Feedstock Type
10.5.3. By Technology
11. Europe Advanced Biofuels
Market Analysis and Forecasts, 2023 – 2031
11.1. Overview
11.1.1. Europe Advanced Biofuels
Market Revenue (US$ Mn)
11.2. Europe Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.2.1. Cellulosic Biomass
11.2.2. Algae-Based
11.2.3. Waste-Based
11.2.4. Others
11.3. Europe Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.3.1. Fermentation
11.3.2. Thermochemical
11.3.3. Biochemical Conversion
11.4. Europe Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Country
11.4.1. France
11.4.1.1. France Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.4.1.1.1. Cellulosic Biomass
11.4.1.1.2. Algae-Based
11.4.1.1.3. Waste-Based
11.4.1.1.4. Others
11.4.1.2. France Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.1.2.1. Fermentation
11.4.1.2.2. Thermochemical
11.4.1.2.3. Biochemical Conversion
11.4.2. The UK
11.4.2.1. The UK Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.4.2.1.1. Cellulosic Biomass
11.4.2.1.2. Algae-Based
11.4.2.1.3. Waste-Based
11.4.2.1.4. Others
11.4.2.2. The UK Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.2.2.1. Fermentation
11.4.2.2.2. Thermochemical
11.4.2.2.3. Biochemical Conversion
11.4.3. Spain
11.4.3.1. Spain Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.4.3.1.1. Cellulosic Biomass
11.4.3.1.2. Algae-Based
11.4.3.1.3. Waste-Based
11.4.3.1.4. Others
11.4.3.2. Spain Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.3.2.1. Fermentation
11.4.3.2.2. Thermochemical
11.4.3.2.3. Biochemical Conversion
11.4.4. Germany
11.4.4.1. Germany Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.4.4.1.1. Cellulosic Biomass
11.4.4.1.2. Algae-Based
11.4.4.1.3. Waste-Based
11.4.4.1.4. Others
11.4.4.2. Germany Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.4.2.1. Fermentation
11.4.4.2.2. Thermochemical
11.4.4.2.3. Biochemical Conversion
11.4.5. Italy
11.4.5.1. Italy Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
11.4.5.1.1. Cellulosic Biomass
11.4.5.1.2. Algae-Based
11.4.5.1.3. Waste-Based
11.4.5.1.4. Others
11.4.5.2. Italy Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.5.2.1. Fermentation
11.4.5.2.2. Thermochemical
11.4.5.2.3. Biochemical Conversion
11.4.6. Nordic Countries
11.4.6.1. Nordic Countries Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
11.4.6.1.1. Cellulosic Biomass
11.4.6.1.2. Algae-Based
11.4.6.1.3. Waste-Based
11.4.6.1.4. Others
11.4.6.2. Nordic Countries Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By Technology
11.4.6.2.1. Fermentation
11.4.6.2.2. Thermochemical
11.4.6.2.3. Biochemical Conversion
11.4.6.3. Nordic Countries Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
11.4.6.3.1. Denmark
11.4.6.3.2. Finland
11.4.6.3.3. Iceland
11.4.6.3.4. Sweden
11.4.6.3.5. Norway
11.4.7. Benelux Union
11.4.7.1. Benelux Union Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
11.4.7.1.1. Cellulosic Biomass
11.4.7.1.2. Algae-Based
11.4.7.1.3. Waste-Based
11.4.7.1.4. Others
11.4.7.2. Benelux Union Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
11.4.7.2.1. Fermentation
11.4.7.2.2. Thermochemical
11.4.7.2.3. Biochemical Conversion
11.4.7.3. Benelux Union Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
11.4.7.3.1. Belgium
11.4.7.3.2. The Netherlands
11.4.7.3.3. Luxembourg
11.4.8. Rest of Europe
11.4.8.1. Rest of Europe Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
11.4.8.1.1. Cellulosic Biomass
11.4.8.1.2. Algae-Based
11.4.8.1.3. Waste-Based
11.4.8.1.4. Others
11.4.8.2. Rest of Europe Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
11.4.8.2.1. Fermentation
11.4.8.2.2. Thermochemical
11.4.8.2.3. Biochemical Conversion
11.5. Key Segment for Channeling Investments
11.5.1. By Country
11.5.2. By Feedstock Type
11.5.3. By Technology
12. Asia Pacific Advanced Biofuels Market Analysis and Forecasts, 2023 – 2031
12.1. Overview
12.1.1. Asia Pacific Advanced Biofuels
Market Revenue (US$ Mn)
12.2. Asia Pacific Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.2.1. Cellulosic Biomass
12.2.2. Algae-Based
12.2.3. Waste-Based
12.2.4. Others
12.3. Asia Pacific Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.3.1. Fermentation
12.3.2. Thermochemical
12.3.3. Biochemical Conversion
12.4. Asia Pacific Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Country
12.4.1. China
12.4.1.1. China Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.1.1.1. Cellulosic Biomass
12.4.1.1.2. Algae-Based
12.4.1.1.3. Waste-Based
12.4.1.1.4. Others
12.4.1.2. China Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.1.2.1. Fermentation
12.4.1.2.2. Thermochemical
12.4.1.2.3. Biochemical Conversion
12.4.2. Japan
12.4.2.1. Japan Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.2.1.1. Cellulosic Biomass
12.4.2.1.2. Algae-Based
12.4.2.1.3. Waste-Based
12.4.2.1.4. Others
12.4.2.2. Japan Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.2.2.1. Fermentation
12.4.2.2.2. Thermochemical
12.4.2.2.3. Biochemical Conversion
12.4.3. India
12.4.3.1. India Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.3.1.1. Cellulosic Biomass
12.4.3.1.2. Algae-Based
12.4.3.1.3. Waste-Based
12.4.3.1.4. Others
12.4.3.2. India Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.3.2.1. Fermentation
12.4.3.2.2. Thermochemical
12.4.3.2.3. Biochemical Conversion
12.4.4. New Zealand
12.4.4.1. New Zealand Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.4.1.1. Cellulosic Biomass
12.4.4.1.2. Algae-Based
12.4.4.1.3. Waste-Based
12.4.4.1.4. Others
12.4.4.2. New Zealand Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.4.2.1. Fermentation
12.4.4.2.2. Thermochemical
12.4.4.2.3. Biochemical Conversion
12.4.5. Australia
12.4.5.1. Australia Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.5.1.1. Cellulosic Biomass
12.4.5.1.2. Algae-Based
12.4.5.1.3. Waste-Based
12.4.5.1.4. Others
12.4.5.2. Australia Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.5.2.1. Fermentation
12.4.5.2.2. Thermochemical
12.4.5.2.3. Biochemical Conversion
12.4.6. South Korea
12.4.6.1. South Korea Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
12.4.6.1.1. Cellulosic Biomass
12.4.6.1.2. Algae-Based
12.4.6.1.3. Waste-Based
12.4.6.1.4. Others
12.4.6.2. South Korea Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
12.4.6.2.1. Fermentation
12.4.6.2.2. Thermochemical
12.4.6.2.3. Biochemical Conversion
12.4.7. Southeast Asia
12.4.7.1. Southeast Asia Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
12.4.7.1.1. Cellulosic Biomass
12.4.7.1.2. Algae-Based
12.4.7.1.3. Waste-Based
12.4.7.1.4. Others
12.4.7.2. Southeast Asia Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
12.4.7.2.1. Fermentation
12.4.7.2.2. Thermochemical
12.4.7.2.3. Biochemical Conversion
12.4.7.3. Southeast Asia Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
12.4.7.3.1. Indonesia
12.4.7.3.2. Thailand
12.4.7.3.3. Malaysia
12.4.7.3.4. Singapore
12.4.7.3.5. Rest of Southeast Asia
12.4.8. Rest of Asia Pacific
12.4.8.1. Rest of Asia Pacific Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
12.4.8.1.1. Cellulosic Biomass
12.4.8.1.2. Algae-Based
12.4.8.1.3. Waste-Based
12.4.8.1.4. Others
12.4.8.2. Rest of Asia Pacific Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
12.4.8.2.1. Fermentation
12.4.8.2.2. Thermochemical
12.4.8.2.3. Biochemical Conversion
12.5. Key Segment for Channeling Investments
12.5.1. By Country
12.5.2. By Feedstock Type
12.5.3. By Technology
13. Middle East and Africa Advanced Biofuels Market Analysis and Forecasts, 2023 – 2031
13.1. Overview
13.1.1. Middle East and Africa Advanced Biofuels Market Revenue (US$ Mn)
13.2. Middle East and Africa Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
13.2.1. Cellulosic Biomass
13.2.2. Algae-Based
13.2.3. Waste-Based
13.2.4. Others
13.3. Middle East and Africa Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
13.3.1. Fermentation
13.3.2. Thermochemical
13.3.3. Biochemical Conversion
13.4. Middle East and Africa Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
13.4.1. Saudi Arabia
13.4.1.1. Saudi Arabia Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
13.4.1.1.1. Cellulosic Biomass
13.4.1.1.2. Algae-Based
13.4.1.1.3. Waste-Based
13.4.1.1.4. Others
13.4.1.2. Saudi Arabia Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
13.4.1.2.1. Fermentation
13.4.1.2.2. Thermochemical
13.4.1.2.3. Biochemical Conversion
13.4.2. UAE
13.4.2.1. UAE Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
13.4.2.1.1. Cellulosic Biomass
13.4.2.1.2. Algae-Based
13.4.2.1.3. Waste-Based
13.4.2.1.4. Others
13.4.2.2. UAE Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
13.4.2.2.1. Fermentation
13.4.2.2.2. Thermochemical
13.4.2.2.3. Biochemical Conversion
13.4.3. Egypt
13.4.3.1. Egypt Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
13.4.3.1.1. Cellulosic Biomass
13.4.3.1.2. Algae-Based
13.4.3.1.3. Waste-Based
13.4.3.1.4. Others
13.4.3.2. Egypt Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
13.4.3.2.1. Fermentation
13.4.3.2.2. Thermochemical
13.4.3.2.3. Biochemical Conversion
13.4.4. Kuwait
13.4.4.1. Kuwait Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
13.4.4.1.1. Cellulosic Biomass
13.4.4.1.2. Algae-Based
13.4.4.1.3. Waste-Based
13.4.4.1.4. Others
13.4.4.2. Kuwait Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
13.4.4.2.1. Fermentation
13.4.4.2.2. Thermochemical
13.4.4.2.3. Biochemical Conversion
13.4.5. South Africa
13.4.5.1. South Africa Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
13.4.5.1.1. Cellulosic Biomass
13.4.5.1.2. Algae-Based
13.4.5.1.3. Waste-Based
13.4.5.1.4. Others
13.4.5.2. South Africa Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
13.4.5.2.1. Fermentation
13.4.5.2.2. Thermochemical
13.4.5.2.3. Biochemical Conversion
13.4.6. Rest of Middle East & Africa
13.4.6.1. Rest of Middle East & Africa Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
13.4.6.1.1. Cellulosic Biomass
13.4.6.1.2. Algae-Based
13.4.6.1.3. Waste-Based
13.4.6.1.4. Others
13.4.6.2. Rest of Middle East & Africa Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
13.4.6.2.1. Fermentation
13.4.6.2.2. Thermochemical
13.4.6.2.3. Biochemical Conversion
13.5. Key Segment for Channeling Investments
13.5.1. By Country
13.5.2. By Feedstock Type
13.5.3. By Technology
14. Latin America Advanced Biofuels Market Analysis and Forecasts, 2023 – 2031
14.1. Overview
14.1.1. Latin America Advanced Biofuels Market Revenue (US$ Mn)
14.2. Latin America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
14.2.1. Cellulosic Biomass
14.2.2. Algae-Based
14.2.3. Waste-Based
14.2.4. Others
14.3. Latin America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
14.3.1. Fermentation
14.3.2. Thermochemical
14.3.3. Biochemical Conversion
14.4. Latin America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Country
14.4.1. Brazil
14.4.1.1. Brazil Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
14.4.1.1.1. Cellulosic Biomass
14.4.1.1.2. Algae-Based
14.4.1.1.3. Waste-Based
14.4.1.1.4. Others
14.4.1.2. Brazil Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
14.4.1.2.1. Fermentation
14.4.1.2.2. Thermochemical
14.4.1.2.3. Biochemical Conversion
14.4.2. Argentina
14.4.2.1. Argentina Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Feedstock Type
14.4.2.1.1. Cellulosic Biomass
14.4.2.1.2. Algae-Based
14.4.2.1.3. Waste-Based
14.4.2.1.4. Others
14.4.2.2. Argentina Advanced Biofuels
Market Revenue (US$ Mn) and Forecasts, By Technology
14.4.2.2.1. Fermentation
14.4.2.2.2. Thermochemical
14.4.2.2.3. Biochemical Conversion
14.4.3. Rest of Latin America
14.4.3.1. Rest of Latin America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Feedstock Type
14.4.3.1.1. Cellulosic Biomass
14.4.3.1.2. Algae-Based
14.4.3.1.3. Waste-Based
14.4.3.1.4. Others
14.4.3.2. Rest of Latin America Advanced Biofuels Market Revenue (US$ Mn) and Forecasts, By
Technology
14.4.3.2.1. Fermentation
14.4.3.2.2. Thermochemical
14.4.3.2.3. Biochemical Conversion
14.5. Key Segment for Channeling Investments
14.5.1. By Country
14.5.2. By Feedstock Type
14.5.3. By Technology
15. Competitive Benchmarking
15.1. Market Share Analysis, 2022
15.2. Global Presence and Growth Strategies
15.2.1. Mergers and Acquisitions
15.2.2. Product Launches
15.2.3. Investments Trends
15.2.4. R&D Initiatives
16. Player Profiles
16.1. Chemtex Global Corporation
16.1.1. Company Details
16.1.2. Company Overview
16.1.3. Product Offerings
16.1.4. Key Developments
16.1.5. Financial Analysis
16.1.6. SWOT Analysis
16.1.7. Business Strategies
16.2. Clariant
16.2.1. Company Details
16.2.2. Company Overview
16.2.3. Product Offerings
16.2.4. Key Developments
16.2.5. Financial Analysis
16.2.6. SWOT Analysis
16.2.7. Business Strategies
16.3. DowDuPont Inc.
16.3.1. Company Details
16.3.2. Company Overview
16.3.3. Product Offerings
16.3.4. Key Developments
16.3.5. Financial Analysis
16.3.6. SWOT Analysis
16.3.7. Business Strategies
16.4. GranBio
16.4.1. Company Details
16.4.2. Company Overview
16.4.3. Product Offerings
16.4.4. Key Developments
16.4.5. Financial Analysis
16.4.6. SWOT Analysis
16.4.7. Business Strategies
16.5. Ineos Group
16.5.1. Company Details
16.5.2. Company Overview
16.5.3. Product Offerings
16.5.4. Key Developments
16.5.5. Financial Analysis
16.5.6. SWOT Analysis
16.5.7. Business Strategies
16.6. Ørsted A/S
16.6.1. Company Details
16.6.2. Company Overview
16.6.3. Product Offerings
16.6.4. Key Developments
16.6.5. Financial Analysis
16.6.6. SWOT Analysis
16.6.7. Business Strategies
16.7. POET-DSM Advanced Biofuels LLC
16.7.1. Company Details
16.7.2. Company Overview
16.7.3. Product Offerings
16.7.4. Key Developments
16.7.5. Financial Analysis
16.7.6. SWOT Analysis
16.7.7. Business Strategies
16.8. Other market participants
17. Key Findings
**Exclusive for Multi-User and
Enterprise User
At Absolute Markets Insights, we are engaged in building both global as well as country specific reports. As a result, the approach taken for deriving the estimation and forecast for a specific country is a bit unique and different in comparison to the global research studies. In this case, we not only study the concerned market factors & trends prevailing in a particular country (from secondary research) but we also tend to calculate the actual market size & forecast from the revenue generated from the market participants involved in manufacturing or distributing the any concerned product. These companies can also be service providers. For analyzing any country specifically, we do consider the growth factors prevailing under the states/cities/county for the same. For instance, if we are analyzing an industry specific to United States, we primarily need to study about the states present under the same(where the product/service has the highest growth). Similar analysis will be followed by other countries. Our scope of the report changes with different markets.
Our research study is mainly implement through a mix of both secondary and primary research. Various sources such as industry magazines, trade journals, and government websites and trade associations are reviewed for gathering precise data. Primary interviews are conducted to validate the market size derived from secondary research. Industry experts, major manufacturers and distributors are contacted for further validation purpose on the current market penetration and growth trends.
Prominent participants in our primary research process include:
- Key Opinion Leaders namely the CEOs, CSOs, VPs, purchasing managers, amongst others
- Research and development participants, distributors/suppliers and subject matter experts
Secondary Research includes data extracted from paid data sources:
- Reuters
- Factiva
- Bloomberg
- One Source
- Hoovers
Research Methodology
Key Inclusions
