ABSTRACT
About Advanced Biofuel

Across the world, there has been an unprecedented interest in advanced biofuels over the previous decade. The main reason for this is the volatile crude oil price, which is affecting the economic conditions of many countries without significant oil and gas reserves to support their economy. High dependence on fossil fuels has created economic as well as environmental concerns, such as greenhouse gas emissions. Several economies have implemented regulatory reforms, blending targets and statutory norms while using advanced biofuels to offset the growing environmental risks associated with conventional fuels.

Technavio’s analysts forecast the global advanced biofuel market to grow at a CAGR of 43.77% during the period 2017-2021.


Covered in this Report
The report covers the present scenario and the growth prospects of the global advanced biofuel market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA



Technavio’s report, Global Advanced Biofuel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.


Key Vendors

  • Algenol
  • Diamond Green Diesel
  • DuPont
  • Fiberight
  • GranBio



Other Prominent Vendors

  • Emerald Biofuels
  • POET-DSM Advanced Biofuels
  • Renewable Energy Group




Market Driver

  • Growing requirement for cleaner fuel.
  • For a full, detailed list, view our report




Market Challenge

  • Higher cost of production compared to conventional fuels.
  • For a full, detailed list, view our report




Market Trend

  • Need to comply with environmental regulations.
  • For a full, detailed list, view our report




Key Questions Answered in this Report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?




You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.