Global Bio Fuels (Bio Gas, Bio Diesel) Market has a CAGR of 6.2 % during the forecast period of 2016-2023. Bio fuels are the energy source made up of living micro-organisms, starch, and other livestock. There are many factors which enhance the global bio fuels (bio gas, bio diesel) market such as rigid environmental rules and regulations encouraging the use of biofuels, rising economic development and increasing energy import bills which results in a negative balance of trade. Increasing demand of bio-diesel helps in the growth of global bio fuels (bio gas, bio diesel) market. The major reason behind this is it’s mainly used in the transportation industries and also in off-grid electricity supply which majorly helps in propelling the growth of the global bio fuels (bio gas, bio diesel) market. The rising demand of bio-diesel has also increased due to its characteristics such as biodegradable and non-toxic elements which make it easy to transport. Also, increasing environmental concerns and the shrinking of fossil fuel resources are propelling the global bio fuels (bio gas, bio diesel) market.
Bio fuels are one of the major substitutes for petrol products. Apart from that, development of sustainable biofuels is one of the major opportunities for the market players. Challenges related to manufacturing, retailing and distribution of bio-fuels and the increasing competition resulting in very high costs of food products are acting as the major barriers in the global bio fuels (bio gas, bio diesel) market during the forecast period.
Source: OBRC Analysis
Global Bio Fuels (Bio Gas, Bio Diesel) Market GLOBAL BIO FUELS (BIO GAS, BIO DIESEL) MARKETis segmented on the basis of feed stock, end-users and type. On the basis of feedstock, global bio fuels (bio gas, bio diesel) market is further segmented into:
- First Generation
- Second Generation
- Third Generation
On the basis of end-users, the market is further segmented into:
- Power generation
- Transportation
- Others
On the basis of type, the market is further segmented into:
- Cellulose ethanol
- Biogas
- Bio alcohols
- Biodiesel
- Bio butanol
- Bio DME
- Others
The revenue for the above end-users is specific to the global bio fuels (bio gas, bio diesel) market. However, the total revenue of these end-users in general has been excluded from the scope of the report.
Geographically, the global bio fuels (bio gas, bio diesel) market is segmented into:
- North America (U.S. & Canada)
- Asia Pacific (China, India, Japan, RoAPAC)
- Europe (UK, France, Germany, RoE)
- Rest of World
North America dominates the global bio fuels (bio gas, bio diesel) market. Factors contributing to the growth of bio fuels (bio gas, bio diesel) market in North America are government initiatives and policies to promote bio-ethanol consumption and tremendous access to feedstock, rising demand for petrol substitutes and increasing green fuel to minimize adverse environmental effects. United States is the major country contributing to the growth of global bio fuels (bio gas, bio diesel) market of North America. Asia pacific has the fastest growth rate in global bio fuels (bio gas, bio diesel) market. Asia pacific is opportunistic and high revenue generating market for bio fuels due to availability of cheap labor force and raw materials, abundant amount of feedstock, and large number of end users. China and India are the two major countries contributing to the growth of global bio fuels (bio gas, bio diesel) market in Asia pacific. Rising energy demand due to rising population is the major factor, apart from increasing cost of petrol and petrol products, environmental concerns related to adverse effects of petrol and abundant amount of feedstock are some of the factors for the growth of Asia pacific in global bio fuels (bio gas, bio diesel) market. European region is also on the rise due to favorable government regulations and policies towards bio fuels, rising number of automobiles in this sector, stringent rules by the government towards petrol’s adverse effects. Rest of the world is rising in terms of livestock. Brazil is the major contributor in the growth of global bio fuels (bio gas, bio diesel) market in this region.
Global bio fuels (bio gas, bio diesel) market is segmented into feedstock, end-users and types. The segment by types can be further segmented into biogas, biodiesel, bio alcohols, cellulose ethanol, bio DME, bio butanoel and others. The end user vertical includes applications in power generation, transportation and others. The segment by feedstock can be further segmented into first generation, second generation and third generation of which first generation biofuels are made from edible oils, sugar and starch and constitutes major share in global bio fuels (bio gas, bio diesel) market.
The major market players of the global biodiesel market and bio fuels market are:
- POET LLC
- COSAN
- VALERO ENERGY CORPORATION
- FUEL BIO HOLDINGS LLC
- BRASIL ECO ENERGIA
- IMPERIUM RENEWABLES
- GREEN PLAINS INC.
- OTHERS
Detailed analysis of these companies provided in this report comprises of overview, SCOT analysis, product portfolio, strategic initiative and strategic analysis.
These companies use various strategies such as merger & acquisition, collaboration, partnership and product launching. Example: In Sept 2016, Green Plains Inc. completed the acquisition of three ethanol plants located in Mount Vernon, Madison for approximately $237 million from Abengoa Bioenergy. This acquisition would help both the companies to expand its business.
Why to buy the report:
This report will:
- Provide you the business strategies adopted by market player such as acquisition as in Sept 2016, Green Plains Inc. completed the acquisition of three ethanol plants located in Mount Vernon, Madison for approximately $237 million from Abengoa Bioenergy.
- Provide in detail the different segments such as feedstock and type which affect the global bio fuels (bio gas, bio diesel) market.
- Provide you the patent analysis of global bio fuels (bio gas, bio diesel) market.
- Identify and understand the strengths, opportunities, challenges and threats of global bio fuels (bio gas, bio diesel) market.
- Provide revenues of major players of the market such as renewable energy group and green earth fuels LLC..
- Provide you various regulatory policies which affect the global bio fuels (bio gas, bio diesel) market.
How we are different from others:
At Occams we provide an extensive portfolio which is comprehensive market analysis along with the market size, market share, and market segmentations. Our report on global bio fuels (bio gas, bio diesel) market offers the longest chain of market segmentation covering major segmentation based on feedstock, end-users and type. The report tracks the major trends in the global biofuels market such as. For each market segments covered in global bio fuels (bio gas, bio diesel) market we provide opportunity matrix, and DROC analysis, that enable the clear growth assessment across each market segment. The report discusses competitive landscape of the smart security industry, with giving extensive strategy analysis of more than 15 companies.Moreover, the report discusses various models such as 360 degree analysis, See Saw analysis, and Porter five force model and so on. For the high level analysis in the report we provide a comparative analysis of historic and current year data.
Key findings of the global bio fuels (bio gas, bio diesel) market:
- North America had the largest revenue share in 2016.
- Acquisition is the key strategy adopted by the various market players of global bio fuels (bio gas, bio diesel) market.
- Commercial sector is the major segment of end user.