Global Liquid Biofuels Market Size & Outlook, 2019-2027

The global liquid biofuels market size was estimated at USD 65,433.3 million in 2019 and is projected to reach USD 107,525.1 million by 2027, growing at a CAGR of 6.4% from 2020 to 2027.
Revenue, 2019 (US$M)
$65,433.3
Forecast, 2027 (US$M)
$107,525.1
CAGR, 2020 - 2027
6.4%
Report Coverage
Worldwide

Global liquid biofuels market highlights

  • The global liquid biofuels market generated a revenue of USD 65,433.3 million in 2019 and is expected to reach USD 107,525.1 million by 2027.
  • The market is expected to grow at a CAGR (2020 - 2027) of 6.4% by 2027.
  • In terms of segment, bioethanol accounted for a revenue of USD 47,764.7 million in 2019.
  • Others (Green Diesel, Propanol, Butanol) is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2019.
  • Country-wise, Canada is expected to register the highest CAGR from 2020 to 2027.

Global data book summary

Market revenue in 2019USD 65,433.3 million
Market revenue in 2027USD 107,525.1 million
Growth rate6.4% (CAGR from 2019 to 2027)
Largest segmentBioethanol
Fastest growing segmentOthers (Green Diesel, Propanol, Butanol)
Historical data covered2017 - 2018
Base year for estimation2019
Forecast period covered2020 - 2027
Quantitative unitsRevenue in USD million
Market segmentationBioethanol, Biodiesel, Others (Green Diesel, Propanol, Butanol)

Other key industry trends

  • In terms of revenue, the North America accounted for 47.4% of the global liquid biofuels market in 2019.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
  • By country, Canada is the fastest growing regional market and is projected to reach USD 2,136.0 million by 2027.

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Liquid Biofuels Market Companies

Name Profile # Employees HQ Website
Butamax Advanced Biofuels View profile - Wilmington, Delaware, United States, North America http://www.butamax.com/
Alto Ingredients Inc View profile 460 1300 South Second Street, Pekin, IL, United States, 61554 https://www.altoingredients.com
Algenol View profile 51-100 Bonita Springs, Florida, United States, North America http://algenol.com/
808 Renewable Energy Corp View profile 10 850 Tidewater Shores Loop, Suite 402, Bradenton, FL, United States, 34208 https://www.silverlightev.com
Bunge Global SA View profile 23000 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 https://www.bunge.com
Petroleo Brasileiro SA Petrobras ADR View profile 40213 Avenida Republica do Chile, 65, Rio de Janeiro, RJ, Brazil, 20031-912 https://www.petrobras.com.br
Valero Energy Corp View profile 9908 One Valero Way, San Antonio, TX, United States, 78249 https://www.valero.com
Green Plains Inc View profile 921 1811 Aksarben Drive, Omaha, NE, United States, 68106 https://www.gpreinc.com
Gevo Inc View profile 103 345 Inverness Drive South, Building C, Suite 310, Englewood, CO, United States, 80112 https://www.gevo.com
Wilmar International Ltd View profile 100000 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 https://www.wilmar-international.com
Archer-Daniels Midland Co View profile 41802 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 https://www.adm.com

Global liquid 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 liquid biofuels market will help companies and investors design strategic landscapes.


Bioethanol was the largest segment with a revenue share of 73% in 2019. Horizon Databook has segmented the Global liquid biofuels market based on bioethanol, biodiesel, others (green diesel, propanol, butanol) covering the revenue growth of each sub-segment from 2017 to 2027.


  • Global Liquid Biofuels Product Outlook (Revenue, USD Million, 2017-2027)
    • Bioethanol
    • Others (Green Diesel, Propanol, Butanol)
    • Biodiesel
  • Global Liquid Biofuels Application Outlook (Revenue, USD Million, 2017-2027)
    • Transportation Fuels
    • Thermal Heating
    • Power Generation

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Horizon Databook provides a detailed overview of global-level data and insights on the Global liquid biofuels market , including forecasts for subscribers. This global databook contains high-level insights into Global liquid biofuels market from 2017 to 2027, including revenue numbers, major trends, and company profiles.

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Global liquid biofuels market size, by regions, 2017-2027 (US$M)

Top 10 countries: Liquid biofuels market size, 2019 (US$M)

Global liquid biofuels market share, by product, 2019 & 2027 (%, US$M)

Liquid biofuels market: Opportunity assessment by country

Global liquid biofuels market, by region, 2019 (US$M)

Global liquid biofuels market size, by regions, 2017-2027 (US$M)

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