Advanced Biofuel Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Market is Segmented by Raw Material (Jatropha, Lignocellulose, Algae, and Other Raw Materials), Biofuel Type (Cellulosic Biofuel, Biodiesel, Biogas, Biobutanol, and Others), Technology (Biochemical and Thermochemical), and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The report offers the market size and forecasts in production capacity (in thousand barrels of oil equivalent per day) for all the above segments.

Advanced Biofuel Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Advanced Biofuel Market Size

Advanced Biofuel Market Summary
Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.30 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Advanced Biofuel Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Advanced Biofuel Market with other markets in Energy & Power Industry

Oil and Gas

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Emerging Energy Technologies

Energy Storage Technology

Advanced Biofuel Market Analysis

The Advanced Biofuel Market is expected to register a CAGR of greater than 5.3% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. The market has now reached pre-pandemic levels.

  • Over the long term, the demand for secure, sustainable, and clean energy coupled with government mandates for increasing blending in automotive fuels is expected to propel the demand for advanced biofuels globally.
  • On the flip side, the lack of awareness regarding the advantages of advanced biofuels is restraining the market. Due to this, the adoption of biofuels is limited to some countries only.
  • Nevertheless, research is underway to develop additional feedstocks that could be used to make biofuels, along with production processes that are safe for the environment and take less toll on it, which is likely to present many opportunities in the future.
  • North America is likely to witness significant growth in the advanced biofuels market during the forecast period.

Advanced Biofuel Industry Overview

The advanced biofuel market is moderately fragmented in nature. Some of the major players in the market (in no particular order) include Abengoa Bioenergy, DuPont Industrial Biosciences, Chemtex Group, Bankchak Petroleum, and Clariant Produkte GmbH.

Advanced Biofuel Market Leaders

  1. Abengoa Bioenergy

  2. Chemtex Group

  3. Bankchak Petroleum

  4. Clariant Produkte GmbH

  5. DuPont Industrial Biosciences

  6. *Disclaimer: Major Players sorted in no particular order
Advanced Biofuel Market Concentration
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Advanced Biofuel Market News

  • May 2022: A team of foremost energy industry companies led by SGP BioEnergy joined the Panama government to develop the world's largest biofuel production and distribution hub. Once completed in five years, Biorefineria Ciudad Dorada (Golden City Biorefinery), located in Colon and Balboa, Panama, will be the largest advanced biorefinery and Sustainable Aviation Fuel (SAF) production platform in the world, producing 180,000 barrels per day (2.6 billion gallons per year) of biofuel.
  • March 2022: Repsol started its construction of a biofuel plant in Spain. The company is planning to invest an amount of nearly USD 210.33 million in the project. After completion, the plant can produce 250,000 tons of advanced biofuels per year, such as biodiesel, bio-jet, bio naphtha, and bio-propane. The new facility is expected to be operational in 2023. The project uses the circular economy, accelerating the energy transition and moving toward achieving Repsol's goal of becoming a net-zero emissions company by 2050.

Advanced Biofuel Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Advanced Biofuel Market Size and Forecast, In Thousand Barrels of Oil Equivalent Per Day, Till 2027
  • 4.3 Key Existing and Upcoming Advanced Biofuel Projects, as of 2021
  • 4.4 Recent Trends and Developments
  • 4.5 Government Policies and Regulations
  • 4.6 Market Dynamics
    • 4.6.1 Market Drivers
    • 4.6.2 Market Restraints
  • 4.7 Supply Chain Analysis
  • 4.8 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.8.1 Bargaining Power of Suppliers
    • 4.8.2 Bargaining Power of Consumers
    • 4.8.3 Threat of New Entrants
    • 4.8.4 Threat of Substitutes Products and Services
    • 4.8.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Raw Material
    • 5.1.1 Jatropha
    • 5.1.2 Lignocellulose
    • 5.1.3 Algae
    • 5.1.4 Other Raw Materials
  • 5.2 By Biofuel Type
    • 5.2.1 Cellulosic Biofuel
    • 5.2.2 Biodiesel
    • 5.2.3 Biogas
    • 5.2.4 Biobutanol
    • 5.2.5 Other Biofuel Types
  • 5.3 By Technology
    • 5.3.1 Biochemical
    • 5.3.2 Thermochemical
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.2 Europe
    • 5.4.3 Asia-Pacific
    • 5.4.4 South America
    • 5.4.5 Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Abengoa Bioenergy
    • 6.3.2 Chemtex Group
    • 6.3.3 Bankchak Petroleum
    • 6.3.4 Clariant Produkte GmbH
    • 6.3.5 DuPont Industrial Biosciences
    • 6.3.6 Fujian Zhongde Energy Co. Ltd
    • 6.3.7 INEOS Bio
    • 6.3.8 KiOR Inc.
    • 6.3.9 Sundrop Fuels Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Advanced Biofuel Industry Segmentation

Advanced biofuels, also known as second-generation biofuels, are renewable fuels used as alternatives for gasoline and diesel with significantly low emissions of greenhouse gases.

The advanced biofuel market is segmented by raw material, biofuel type, technology, and geography. By raw material, the market is segmented into jatropha, lignocellulose, algae, and other raw materials. The market is segmented by biofuel type into cellulosic biofuel, biodiesel, biogas, biobutanol, and others. By technology, the market is segmented into biochemical and thermochemical. The report also covers the market size and forecasts for the advanced biofuels market across major regions. For each segment, the market sizing and forecasts are provided based on production capacity (in thousand barrels of oil equivalent per day).

By Raw Material Jatropha
Lignocellulose
Algae
Other Raw Materials
By Biofuel Type Cellulosic Biofuel
Biodiesel
Biogas
Biobutanol
Other Biofuel Types
By Technology Biochemical
Thermochemical
By Geography North America
Europe
Asia-Pacific
South America
Middle East and Africa
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Advanced Biofuel Market Research FAQs

What is the current Advanced Biofuel Market size?

The Advanced Biofuel Market is projected to register a CAGR of greater than 5.3% during the forecast period (2025-2030)

Who are the key players in Advanced Biofuel Market?

Abengoa Bioenergy, Chemtex Group, Bankchak Petroleum, Clariant Produkte GmbH and DuPont Industrial Biosciences are the major companies operating in the Advanced Biofuel Market.

Which is the fastest growing region in Advanced Biofuel Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Advanced Biofuel Market?

In 2025, the North America accounts for the largest market share in Advanced Biofuel Market.

What years does this Advanced Biofuel Market cover?

The report covers the Advanced Biofuel Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Advanced Biofuel Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Advanced Biofuel Industry Report

Statistics for the 2025 Advanced Biofuel market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Advanced Biofuel analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.