COVID-19 Impact and Recovery Analysis | Biofuels Market 2020-2024 | Increased Adoption of Renewable Sources of Energy to Boost Growth | Technavio
Technavio has been monitoring the biofuels market and it is poised to grow by USD 19.44 billion during 2020-2024, progressing at a CAGR of over 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Biofuels Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., DuPont de Nemours Inc., INEOS Group Holdings SA, Koch Industries Inc., Neste Corp., Renewable Energy Group Inc., Royal Dutch Shell Plc, and Wilmar International Ltd. are some of the major market participants. The increased adoption of renewable sources of energy will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased adoption of renewable sources of energy has been instrumental in driving the growth of the market.
Biofuels Market 2020-2024: Segmentation
Biofuels Market is segmented as below:
-
Product
- Ethanol
- Bio Diesel
-
Geography
- APAC
- North America
- Europe
- South America
- MEA
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Biofuels Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our biofuels market report covers the following areas:
- Biofuels Market Size
- Biofuels Market Trends
- Biofuels Market Industry Analysis
This study identifies increasing government support as one of the prime reasons driving the biofuels market growth during the next few years.
Biofuels Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the biofuels market, including some of the vendors such as Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., DuPont de Nemours Inc., INEOS Group Holdings SA, Koch Industries Inc., Neste Corp., Renewable Energy Group Inc., Royal Dutch Shell Plc, and Wilmar International Ltd. Backed with competitive intelligence and benchmarking, our research reports on the biofuels market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Biofuels Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist biofuels market growth during the next five years
- Estimation of the biofuels market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the biofuels market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of biofuels market vendors
Table Of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Ethanol - Market size and forecast 2019-2024
- Biodiesel - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Volume driver – Demand growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Archer Daniels Midland Co.
- Bunge Ltd.
- Cargill Inc.
- DuPont de Nemours Inc.
- INEOS Group Holdings SA
- Koch Industries Inc.
- Neste Corp.
- Renewable Energy Group Inc.
- Royal Dutch Shell Plc
- Wilmar International Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
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