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Global Biofuel-Market Research Report-Sample Pages

Major driving factor for the growth of biofuels market is the environmental concerns that are causing the limitation over the use of non-renewable fuels such as petrol and diesel. According to Goldstein Research, Biofuel Industry is expected to reach more than USD 246.52 billion by 2024 from USD 168.18billion in 2016, growing at a compounded annual growth rate of 4.92% over the forecast period 2016-2024

Major driving factor for the growth of biofuels market is the environmental concerns that are causing the limitation over the use of non-renewable fuels such as petrol and diesel. According to Goldstein Research, Biofuel Industry is expected to reach more than USD 246.52 billion by 2024 from USD 168.18billion in 2016, growing at a compounded annual growth rate of 4.92% over the forecast period 2016-2024

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Copyright All Rights Reserved, Goldstein <strong>Research</strong> www.goldsteinresearch.com<br />

6.1. <strong>Global</strong> <strong>Biofuel</strong> <strong>Market</strong> Share(%) - By Product Type,2016-2024<br />

Fig: 6-1 <strong>Global</strong> <strong>Biofuel</strong> <strong>Market</strong> Share, By Product Type, 2016-2024<br />

XX%<br />

XX%<br />

XX%<br />

XX% 2016<br />

XX%<br />

Bio-Ethanol<br />

Bio-Diesel<br />

Bio-Methnol<br />

Bio-Hydrogen<br />

XX%<br />

XX%<br />

XX% 2024<br />

XX%<br />

XX%<br />

Key Findings<br />

Get Full <strong>Sample</strong><br />

<strong>Report</strong><br />

•U.S.A. <strong>Biofuel</strong> market valued USD XX billion in 2016 and tends to<br />

reach the value of USD XX billion by 2024 at a considerable CAGR<br />

over the forecast period<br />

•The top 10 countries with high biomass resources supply includes<br />

mainly the Asian countries but USA, Brazil and Canada are<br />

exception in this list.<br />

•Bioethanol and biodiesel are the major biofuels that use the XX%<br />

of agricultural feedstock compared to other raw material sources.<br />

<strong>Biofuel</strong> production covers 2.9% of the land area used for<br />

production of major biofuel crops<br />

Source: Goldstein <strong>Research</strong><br />

Pallets<br />

•Most of the biofuels produced was from bioethanol produced<br />

from fermentation of sugar based crops. Rest from biodiesel via<br />

trans-esterification of vegetable oils and animal fats.<br />

Fig: 7-4 <strong>Global</strong> <strong>Biofuel</strong> <strong>Market</strong> Size (USD Billion), By Product Type-2016-<br />

2024<br />

Fig: 6-3 <strong>Global</strong> <strong>Biofuel</strong> <strong>Market</strong> Y-O-Y Growth, By Type, 2016-2024<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

XX<br />

2016 2024<br />

2015 2016e 2017f 2018f 2019f 2020f 2021f 2022f 2023f<br />

Bio-Ethanol Bio-Diesel Bio-Methnol Bio-Hydrogen Pallets<br />

Source: Goldstein <strong>Research</strong><br />

Source: Goldstein <strong>Research</strong><br />

Y-o-Y

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