Renewable Fuels Market Scope and Size by 2031
Renewable fuels are fuels that are produced from renewable resources. Renewable fuels include fuels that are synthesized from renewable energy sources, such as solar and wind. Renewable fuels have gained popularity due to their low contributions to the carbon cycle, sustainability, and in some cases, lower amounts of greenhouse gases. Renewable fuels are bound to replace fossil fuels, gradually.
MARKET DYNAMICS
The global renewable fuels market is growing at a significant pace owing to the technological advancements coupled with the government regulations for the application of renewable fuels in various countries all over the globe. However, the availability of substitutes is projected to hinder the growth of the renewable fuels market. Likewise, continuous R&D and innovations may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Renewable Fuels Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the renewable fuels market with detailed market segmentation by source, end user, and geography. The global renewable fuels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading renewable fuels market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global renewable fuels market is segmented on the basis of source and end user. On the basis of source, the renewable fuels market is segmented into, geothermal resources, biomass energy, hydropower, ocean energy, and others. Based on end user, the renewable fuels market is segmented into, cooling and heating , power , transportation, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global renewable fuels market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The renewable fuels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the renewable fuels market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the renewable fuels market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global renewable fuels market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The renewable fuels market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the renewable fuels market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the renewable fuels market in these regions.
MARKET PLAYERS
The reports cover key developments in the renewable fuels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from renewable fuels market are anticipated to lucrative growth opportunities in the future with the rising demand for renewable fuels in the global market. Below mentioned is the list of few companies engaged in the renewable fuels market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the renewable fuels market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Archer Daniels Midland
- Cargill
- Darling Ingredients
- Delta Fuel Company
- ECO Erneuerbare Energien
- Honeywell International Inc
- Louis Dreyfus Commodities
- Neste
- Pacific Biodiesel
- Renewable Energy Group, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Renewable Fuels Market - By Source
1.3.2 Renewable Fuels Market - By End User
1.3.3 Renewable Fuels Market - By Region
1.3.3.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. RENEWABLE FUELS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. RENEWABLE FUELS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. RENEWABLE FUELS MARKET - GLOBAL MARKET ANALYSIS
6.1. RENEWABLE FUELS - GLOBAL MARKET OVERVIEW
6.2. RENEWABLE FUELS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. RENEWABLE FUELS MARKET - REVENUE AND FORECASTS TO 2028 - SOURCE
7.1. OVERVIEW
7.2. SOURCE MARKET FORECASTS AND ANALYSIS
7.3. GEOTHERMAL RESOURCES
7.3.1. Overview
7.3.2. Geothermal resources Market Forecast and Analysis
7.4. BIOMASS ENERGY
7.4.1. Overview
7.4.2. Biomass Energy Market Forecast and Analysis
7.5. HYDROPOWER
7.5.1. Overview
7.5.2. Hydropower Market Forecast and Analysis
7.6. OCEAN ENERGY
7.6.1. Overview
7.6.2. Ocean Energy Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. RENEWABLE FUELS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. COOLING AND HEATING
8.3.1. Overview
8.3.2. Cooling and Heating Market Forecast and Analysis
8.4. POWER
8.4.1. Overview
8.4.2. Power Market Forecast and Analysis
8.5. TRANSPORTATION
8.5.1. Overview
8.5.2. Transportation Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. RENEWABLE FUELS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Renewable Fuels Market Overview
9.1.2 North America Renewable Fuels Market Forecasts and Analysis
9.1.3 North America Renewable Fuels Market Forecasts and Analysis - By Source
9.1.4 North America Renewable Fuels Market Forecasts and Analysis - By End User
9.1.5 North America Renewable Fuels Market Forecasts and Analysis - By Countries
9.1.5.1 United States Renewable Fuels Market
9.1.5.1.1 United States Renewable Fuels Market by Source
9.1.5.1.2 United States Renewable Fuels Market by End User
9.1.5.2 Canada Renewable Fuels Market
9.1.5.2.1 Canada Renewable Fuels Market by Source
9.1.5.2.2 Canada Renewable Fuels Market by End User
9.1.5.3 Mexico Renewable Fuels Market
9.1.5.3.1 Mexico Renewable Fuels Market by Source
9.1.5.3.2 Mexico Renewable Fuels Market by End User
9.2. EUROPE
9.2.1 Europe Renewable Fuels Market Overview
9.2.2 Europe Renewable Fuels Market Forecasts and Analysis
9.2.3 Europe Renewable Fuels Market Forecasts and Analysis - By Source
9.2.4 Europe Renewable Fuels Market Forecasts and Analysis - By End User
9.2.5 Europe Renewable Fuels Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Renewable Fuels Market
9.2.5.1.1 Germany Renewable Fuels Market by Source
9.2.5.1.2 Germany Renewable Fuels Market by End User
9.2.5.2 France Renewable Fuels Market
9.2.5.2.1 France Renewable Fuels Market by Source
9.2.5.2.2 France Renewable Fuels Market by End User
9.2.5.3 Italy Renewable Fuels Market
9.2.5.3.1 Italy Renewable Fuels Market by Source
9.2.5.3.2 Italy Renewable Fuels Market by End User
9.2.5.4 United Kingdom Renewable Fuels Market
9.2.5.4.1 United Kingdom Renewable Fuels Market by Source
9.2.5.4.2 United Kingdom Renewable Fuels Market by End User
9.2.5.5 Russia Renewable Fuels Market
9.2.5.5.1 Russia Renewable Fuels Market by Source
9.2.5.5.2 Russia Renewable Fuels Market by End User
9.2.5.6 Rest of Europe Renewable Fuels Market
9.2.5.6.1 Rest of Europe Renewable Fuels Market by Source
9.2.5.6.2 Rest of Europe Renewable Fuels Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Renewable Fuels Market Overview
9.3.2 Asia-Pacific Renewable Fuels Market Forecasts and Analysis
9.3.3 Asia-Pacific Renewable Fuels Market Forecasts and Analysis - By Source
9.3.4 Asia-Pacific Renewable Fuels Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Renewable Fuels Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Renewable Fuels Market
9.3.5.1.1 Australia Renewable Fuels Market by Source
9.3.5.1.2 Australia Renewable Fuels Market by End User
9.3.5.2 China Renewable Fuels Market
9.3.5.2.1 China Renewable Fuels Market by Source
9.3.5.2.2 China Renewable Fuels Market by End User
9.3.5.3 India Renewable Fuels Market
9.3.5.3.1 India Renewable Fuels Market by Source
9.3.5.3.2 India Renewable Fuels Market by End User
9.3.5.4 Japan Renewable Fuels Market
9.3.5.4.1 Japan Renewable Fuels Market by Source
9.3.5.4.2 Japan Renewable Fuels Market by End User
9.3.5.5 South Korea Renewable Fuels Market
9.3.5.5.1 South Korea Renewable Fuels Market by Source
9.3.5.5.2 South Korea Renewable Fuels Market by End User
9.3.5.6 Rest of Asia-Pacific Renewable Fuels Market
9.3.5.6.1 Rest of Asia-Pacific Renewable Fuels Market by Source
9.3.5.6.2 Rest of Asia-Pacific Renewable Fuels Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Renewable Fuels Market Overview
9.4.2 Middle East and Africa Renewable Fuels Market Forecasts and Analysis
9.4.3 Middle East and Africa Renewable Fuels Market Forecasts and Analysis - By Source
9.4.4 Middle East and Africa Renewable Fuels Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Renewable Fuels Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Renewable Fuels Market
9.4.5.1.1 South Africa Renewable Fuels Market by Source
9.4.5.1.2 South Africa Renewable Fuels Market by End User
9.4.5.2 Saudi Arabia Renewable Fuels Market
9.4.5.2.1 Saudi Arabia Renewable Fuels Market by Source
9.4.5.2.2 Saudi Arabia Renewable Fuels Market by End User
9.4.5.3 U.A.E Renewable Fuels Market
9.4.5.3.1 U.A.E Renewable Fuels Market by Source
9.4.5.3.2 U.A.E Renewable Fuels Market by End User
9.4.5.4 Rest of Middle East and Africa Renewable Fuels Market
9.4.5.4.1 Rest of Middle East and Africa Renewable Fuels Market by Source
9.4.5.4.2 Rest of Middle East and Africa Renewable Fuels Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Renewable Fuels Market Overview
9.5.2 South and Central America Renewable Fuels Market Forecasts and Analysis
9.5.3 South and Central America Renewable Fuels Market Forecasts and Analysis - By Source
9.5.4 South and Central America Renewable Fuels Market Forecasts and Analysis - By End User
9.5.5 South and Central America Renewable Fuels Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Renewable Fuels Market
9.5.5.1.1 Brazil Renewable Fuels Market by Source
9.5.5.1.2 Brazil Renewable Fuels Market by End User
9.5.5.2 Argentina Renewable Fuels Market
9.5.5.2.1 Argentina Renewable Fuels Market by Source
9.5.5.2.2 Argentina Renewable Fuels Market by End User
9.5.5.3 Rest of South and Central America Renewable Fuels Market
9.5.5.3.1 Rest of South and Central America Renewable Fuels Market by Source
9.5.5.3.2 Rest of South and Central America Renewable Fuels Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. RENEWABLE FUELS MARKET, KEY COMPANY PROFILES
11.1. ARCHER DANIELS MIDLAND
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CARGILL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DARLING INGREDIENTS
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DELTA FUEL COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ECO ERNEUERBARE ENERGIEN
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HONEYWELL INTERNATIONAL INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. LOUIS DREYFUS COMMODITIES
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. NESTE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PACIFIC BIODIESEL
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. RENEWABLE ENERGY GROUP, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Archer Daniels Midland
2. Cargill
3. Darling Ingredients
4. Delta Fuel Company
5. ECO Erneuerbare Energien
6. Honeywell International Inc.
7. Louis Dreyfus Commodities
8. Neste
9. Pacific Biodiesel
10. Renewable Energy Group, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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