Market Size – USD 136.20 billion in 2019, Market Growth – CAGR of 7.8%, Market Trends – Increasing utilization of renewable energy resources
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.
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Key Highlights From The Report
The report further sheds light on the broad geographical fragmentation of the global Biofuels market, as well as various market segments and sub-segments categorized into product types, applications, and end-users. The regional overview in the global market report comprises the market size, value, share, volume, and cost analysis related to each region.
Emergen Research has segmented the global Biofuels Market on the basis of Product type, feedstock, form, and region:
Regional Bifurcation:
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Focal Points of the Global Biofuels Market Report:
Table of Content
Chapter 1. Methodology & Sources 1.1. Market Definition 1.2. Research Scope 1.3. Methodology 1.4. Research Sources 1.4.1. Primary 1.4.2. Secondary 1.4.3. Paid Sources 1.5. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2019-2027 Chapter 3. Key Insights Chapter 4. Biofuels Market Segmentation & Impact Analysis 4.1. Biofuels Market Material Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Growing Environmental Awareness 4.2.2.2. Increasing R&D for the development of new technologies 4.2.2.3. Lower Greenhouse Gas emissions 4.2.2.4. Increasing prices of crude oil 4.2.2.5. Increasing Government schemes and initiatives 4.2.3. Market restraints analysis 4.2.3.1. Growing Budget constraints 4.2.3.2. Biofuel plants require heavy investments 4.2.3.3. Unstable prices of feedstock 4.2.3.4. Present challenging economic conditions due to the pandemic 4.3. Technological Insights 4.4. Regulatory Framework 4.5. Porter’s Five Forces Analysis 4.6. Competitive Metric Space Analysis 4.7. Price trend Analysis 4.8. Covid-19 Impact Analysis
Chapter 5. Biofuels Market By Product Type Insights & Trends, Revenue (USD Million), Volume (Kilo Tons) 5.1. Product Type Dynamics & Market Share, 2019 & 2027 5.1.1. Biodiesel 5.1.2. Ethanol
CONTINUED…!!
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