Global Liquid Biofuels Market Size & Outlook, 2019-2027
Global liquid biofuels market, 2017-2027 (US$M)
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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 2019 | USD 65,433.3 million |
| Market revenue in 2027 | USD 107,525.1 million |
| Growth rate | 6.4% (CAGR from 2019 to 2027) |
| Largest segment | Bioethanol |
| Fastest growing segment | Others (Green Diesel, Propanol, Butanol) |
| Historical data covered | 2017 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioethanol, 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 Scope
Liquid Biofuels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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
- Biodiesel
- Others (Green Diesel, Propanol, Butanol)
- Global Liquid Biofuels Application Outlook (Revenue, USD Million, 2017-2027)
- Transportation Fuels
- Power Generation
- Thermal Heating
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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)
| Product | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 28,197.2 | 29,403.6 | 30,983.5 | 33,323.1 | 34,310.6 | 35,498.7 | 37,401.9 | 39,892.9 | 42,709.0 | 45,979.7 | 49,799.2 | 6.1% |
| Europe | 10,305.0 | 10,775.4 | 11,385.6 | 12,350.2 | 12,769.6 | 13,267.2 | 14,037.2 | 15,035.0 | 16,163.9 | 17,474.8 | 19,005.9 | 6.6% |
| Asia Pacific | 5,770.9 | 6,080.4 | 6,473.2 | 7,083.4 | 7,380.4 | 7,726.6 | 8,236.6 | 8,887.9 | 9,625.8 | 10,482.5 | 11,483.4 | 7.4% |
| Latin America | 15,004.5 | 15,640.3 | 16,474.1 | 17,871.9 | 18,435.9 | 19,109.8 | 20,171.9 | 21,555.4 | 23,120.0 | 24,936.9 | 27,058.7 | 6.4% |
| MEA | 108.1 | 111.8 | 116.9 | 125.2 | 128.1 | 131.5 | 137.6 | 145.7 | 154.9 | 165.5 | 178.0 | 5.4% |
| Overall | 59,385.5 | 62,011.5 | 65,433.3 | 70,753.7 | 73,024.6 | 75,733.8 | 79,985.2 | 85,516.9 | 91,773.5 | 99,039.3 | 107,525.1 | 6.4% |
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