June 9, 2024

US Biofuels Market Size, Trends, Share, Report by 2033

The US biofuels market size is poised to grow by USD 86.52 billion by 2033 from USD 45.3 billion in 2023, exhibiting a CAGR of 6.81% during the forecast period 2024 to 2033.

Biofuels Market Size in US 2024 to 2033

Key Points

  • By fuel type, the ethanol segment dominated the market in 2023.
  • By fuel type, the biodiesel segment is growing at a faster rate during the forecast period.
  • By feedstock, the coarse grain segment dominated the U.S. biofuels market in 2023.
  • By feedstock, the vegetable oil segment is expected to witness expansion during the forecast period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the US biofuels market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the US biofuels Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

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US Biofuels Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 6.81%
U.S. Market Size in 2023 USD 45.3 Billion
U.S. Market Size by 2033 USD 86.52 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Fuel Type and By Feedstock

Read More: Quantum Sensor Market Size to Worth USD 1,170.81 Million by 2033

The empirical study on the global US biofuels market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the US biofuels Market. Our market report for the US biofuels market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

US Biofuels Market Players

  • Cargill
  • DowDuPont, Inc.
  • Archer Daniels Midland Company
  • Butamax Advanced Biofuels LLC
  • LanzaJet, Inc

Data Sources and Methodology

To gather comprehensive insights on the Global US biofuels Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global US biofuels Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the US biofuels market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Fuel Type

  • Biodiesel
  • Ethanol

By Feedstock

  • Coarse Grain
  • Non-Agri Feedstock
  • Biomass
  • Vegetable Oil
  • Sugar Crop
  • Jatropha
  • Others

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global US biofuels market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global US biofuels market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global US biofuels market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global US biofuels market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on US Biofuels Market 

5.1. COVID-19 Landscape: US Biofuels Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape List of Suppliers List of Buyers

Chapter 8. US Biofuels Market, By Fuel Type

8.1. US Biofuels Market Revenue and Volume, by Fuel Type, 2024-2033

8.1.1 Biodiesel Market Revenue and Volume Forecast (2021-2033)

8.1.2. Ethanol Market Revenue and Volume Forecast (2021-2033)

Chapter 9. US Biofuels Market, By Feedstock

9.1. US Biofuels Market Revenue and Volume, by Feedstock, 2024-2033

9.1.1. Coarse Grain Market Revenue and Volume Forecast (2021-2033)

9.1.2. Non-Agri Feedstock Market Revenue and Volume Forecast (2021-2033)

9.1.3. Biomass Market Revenue and Volume Forecast (2021-2033)

9.1.4. Vegetable Oil Market Revenue and Volume Forecast (2021-2033)

9.1.5. Sugar Crop Market Revenue and Volume Forecast (2021-2033)

9.1.6. Jatropha Market Revenue and Volume Forecast (2021-2033)

9.1.7. Others Market Revenue and Volume Forecast (2021-2033)

Chapter 10. US Biofuels Market and Trend Forecast

10.1. U.S.

10.1.1. Market Revenue and Volume Forecast, by Fuel Type (2021-2033)

10.1.2. Market Revenue and Volume Forecast, by Feedstock (2021-2033)

Chapter 11. Company Profiles

11.1. Cargill

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. DowDuPont, Inc.

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Archer Daniels Midland Company

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Butamax Advanced Biofuels LLC

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. LanzaJet, Inc

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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