South Korea Biofuels Market is Quantitatively Analyzed From 2021 to 2025

Biofuels Market Overview 2021 - 2025

This has brought along several changes in This report also covers the impact of COVID-19 on the global market.

The rising technology in Biofuels Market is also depicted in this research report.
Biofuels are non-fossil fuels. They are energy carriers that store the energy derived from organic materials (biomass), including plant materials and animal waste. First-generation biofuels are currently produced from food crops such as sugar cane and rapeseed. They include bioethanol (made from sugars and starch) and biodiesel (made from vegetable oil). Second-generation biofuels are under development and will be derived from non-food plant matter such as crop residues and agricultural or municipal wastes. They include bioethanol made from cellulosic materials such as straw or wood.
The two most widely used types of biofuels are bioethanol and biodiesel, so this report only focuses on bioethanol and biodiesel.

The market of biodiesel is quite separated. In 2015, the market share of the five largest companies accounted for 20.42% of global market, which are REG, Diester Industries, Neste Oil Rotterdam, ADM and Louis Dreyfus. The global production of biodiesel reached 27768 K MT in 2015. EU is the biggest production base and consumption area of biodiesel, followed by USA, South America and China. Though enjoying a high share in fuel market, in many European countries, the biodiesel industry are threatened by overcapacity. In China, the market of biodiesel fuel is also in a tough situation, since governmental supports from local authorities are very limited.
USA is the biggest producer and consumer of bioethanol, the production accounted for 57.65% of global production in 2015, followed by South America, accounted for 27.62%. The leader player of bioethanol are Poet, ADM, Valero, Green Plains and Flint Hills Resource. Poet is the leader of bioethanol of the world, accounted for 5.00% of the total amount.
The raw materials of biofuels are mainly corn and vegetable oils. The biofuels market offers immense opportunities countries such as U.K., India, and China, as these regions have high petroleum prices and a large number of diesel and gasoline fueled vehicles. Generally, the price of petroleum fluctuates with the price of raw material. However, the impact of petroleum on biofuels is the major factor. Since 2015, the sharp decrease of petroleum price also triggered the trending down of biofuels price, which made small scale manufacturers hard to survive.

Factors that are boosting the growth of the market, and giving a positive push to thrive in the global market is explained in detail.

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Key Competitors of the Global Biofuels Market are: Diester Industries, Neste Oil Rotterdam, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus, Renewable Energy Group, RBF Port Neches, Ag Processing, Elevance, Marathon Petroleum Corporation, Evergreen Bio Fuels, Minnesota Soybean Processors, Caramuru, Jinergy, Hebei Jingu Group, Longyan Zhuoyue, Shandong Jinjiang,

Historical data available in the report elaborates on the development of the Biofuels on national, regional and international levels. Biofuels Market Research Report presents a detailed analysis based on the thorough research of the overall market, particularly on questions that border on the market size, growth scenario, potential opportunities, operation landscape, trend analysis, and competitive analysis.

Major Product Types covered are: Bioethanol
Biodiesel

Major Applications of Biofuels covered are: Industrial Fuels
Transportation Fuels
Chemical Industry

This study report on global Biofuels market throws light on the crucial trends and dynamics impacting the development of the market, including the restraints, drivers, and opportunities.

The fundamental purpose of Biofuels Market report is to provide a correct and strategic analysis of the Biofuels industry. The report scrutinizes each segment and sub-segments presents before you a 360-degree view of the said market.

Market Scenario:

The report further highlights the development trends in the global Biofuels market. Factors that are driving the market growth and fueling its segments are also analyzed in the report. The report also highlights on its applications, types, deployments, components, developments of this market.

Highlights following key factors:

:- Business description – A detailed description of the company’s operations and business divisions.
:- Corporate strategy – Analyst’s summarization of the company’s business strategy.
:- SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats.
:- Company history – Progression of key events associated with the company.
:- Major products and services – A list of major products, services and brands of the company.
:- Key competitors – A list of key competitors to the company.
:- Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
:- Detailed financial ratios for the past five years – The latest financial ratios derived from the annual financial statements published by the company with 5 years history.

Our report offers:

– Market share assessments for the regional and country level segments.
– Market share analysis of the top industry players.
– Strategic recommendations for the new entrants.
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
– Strategic recommendations in key business segments based on the market estimations.
– Competitive landscaping mapping the key common trends.
– Company profiling with detailed strategies, financials, and recent developments.
– Supply chain trends mapping the latest technological advancements.

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