Brazil Biofuels Market Size & Outlook, 2023-2030
Brazil biofuels market, 2018-2030 (US$M)
Related Markets
Brazil biofuels market highlights
- The Brazil biofuels market generated a revenue of USD 15,095.2 million in 2023 and is expected to reach USD 28,315.5 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.4% from 2024 to 2030.
- In terms of segment, liquid biofuel was the largest revenue generating form in 2023.
- Liquid Biofuel is the most lucrative form segment registering the fastest growth during the forecast period.
Biofuels market data book summary
| Market revenue in 2023 | USD 15,095.2 million |
| Market revenue in 2030 | USD 28,315.5 million |
| Growth rate | 9.4% (CAGR from 2023 to 2030) |
| Largest segment | Liquid biofuel |
| Fastest growing segment | Liquid Biofuel |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid Biofuel, Liquid Biofuel, Gaseous Biofuel |
| Key market players worldwide | Air Liquide SA, Archer-Daniels Midland Co, Bunge Global SA, Green Plains Inc, Petroleo Brasileiro SA Petrobras ADR, Chevron Corp, International Flavors & Fragrances Inc, Shell PLC, Wilmar International Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 15.2% of the global biofuels market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil biofuels market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 2,583.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Biofuels Market Scope
Biofuels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil biofuels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biofuels market will help companies and investors design strategic landscapes.
Liquid biofuel was the largest segment with a revenue share of 83.41% in 2023. Horizon Databook has segmented the Brazil biofuels market based on solid biofuel, liquid biofuel, gaseous biofuel covering the revenue growth of each sub-segment from 2018 to 2030.
The investments for the development of biorefineries in Brazil are expected to increase during the forecast period. Surged investments in the country have been made to produce biofuels.
These fuels have been anticipated to have a reduction in greenhouse gas emissions and highly adverse impacts on the environment. Brazil has been continuing to maintain a 27% ethanol blending rate. In late 2017, the government of the country passed the RenovaBill, which mandates a minimum blending rate of approximately 30% by 2022 and 40% by 2030.
Similarly, in 2017, Brazil also introduced a tariff rate quota (TRQ) for bioethanol of 600 million liters per year for two years. Imports above 750 Million liters per year have been predicted to be charged with a high import duty of up to 20%.
Reasons to subscribe to Brazil biofuels market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Brazil biofuels market databook
-
Our clientele includes a mix of biofuels market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil biofuels market , including forecasts for subscribers. This country databook contains high-level insights into Brazil biofuels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Brazil biofuels market size, by form, 2018-2030 (US$M)
Brazil Biofuels Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
