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World - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights

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2g Biofuels

In the world of alternative energy sources, 2G biofuels are emerging as a promising option, especially as the world escalates its efforts to cut down on greenhouse gas emissions, reduce fossil fuel dependence, and mitigate climate change. Second Generation Biofuels, or 2G biofuels, are advanced biofuels that are derived from non-food crops, agricultural waste, forestry residues, and energy crops.

What are 2G Biofuels?

Unlike first-generation biofuels, which are made from edible crops like corn, wheat, and sugarcane, 2G biofuels use non-food crops and residues that are abundantly available. 2G biofuels are considered to be more sustainable than first-generation biofuels because their production does not compete with food crops. They are also expected to be more cost-effective than first-generation biofuels over the long term.

How are 2G Biofuels Produced?

The production of 2G biofuels involves a series of complex processes, such as pre-treatment, gasification, hydrolysis, and fermentation. Firstly, the feedstock (non-food crops, waste, or residues) undergoes pre-treatment, where it is cleaned, dried, and converted into small, uniform particle sizes. The pre-treated feedstock is then gasified using high temperatures and low oxygen levels to break down the complex carbohydrates into simpler gases like hydrogen, carbon dioxide, and methane. The gases produced are then cleaned and purified to remove any impurities or contaminants. Next, hydrolysis and fermentation occur simultaneously, where enzymes break down the complex sugars into simpler sugars like glucose. The sugars are then fermented using microbial organisms to produce ethanol, biogas, or other biofuels. Lastly, the biofuel is dehydrated and purified to meet industry standards.

Benefits of 2G Biofuels

2G biofuels have several benefits compared to traditional fossil fuels and earlier-generation biofuels. Here are some of the most significant advantages of 2G biofuels:

Low carbon emissions: 2G biofuels help to reduce carbon emissions by up to 90% compared to fossil fuels. They are part of the solution to mitigate climate change.
Decreased dependence on fossil fuels: 2G biofuels can help to reduce reliance on fossil fuels and secure energy independence for countries that currently rely on imported oil.
Increased energy security: since 2G biofuels can be made from locally grown crops and agricultural waste, they can help countries achieve greater energy security and reduce vulnerability to price fluctuations in global oil markets.
Improved rural economy: 2G biofuels can create new opportunities for farmers and rural communities by providing alternative sources of income through sustainable agriculture.
Reduced competition for food crops: since 2G biofuels use non-food crops and waste, they provide alternative sources for biofuels production and don't compete with food security issues.

Challenges Facing 2G Biofuels

While 2G biofuels have many advantages, there are still some challenges facing their production and adoption, for example:

High production costs: although 2G biofuels are expected to be cost-effective in the long run, their production costs are still relatively high compared to traditional gasoline and diesel.
Limited commercial production: 2G biofuels are still in the early stages of development, which means that commercial production is limited and capacity growth is slow.
Lack of government support: most governments have not fully embraced 2G biofuels, and there are few policies that specifically promote or incentivize their production and use.
Complex production process: the production of 2G biofuels requires a series of complex processes, including pre-treatment, gasification, hydrolysis, and fermentation, making it challenging to scale up production.
Infrastructure challenges: since 2G biofuels are not yet widely available, the infrastructure required to store, transport, and distribute them is still insufficient.

Conclusion

2G biofuels have tremendous potential to help reduce carbon emissions, mitigate climate change, and increase energy security. While some challenges remain, the outlook is positive, and many experts believe that 2G biofuels will play an essential role in the transition to a sustainable, low-carbon energy system. For this to happen, governments will need to play a more active role in promoting the production and use of 2G biofuels, and businesses will need to invest in research and development to drive down production costs and increase capacity.

This report provides an in-depth analysis of the global biodiesel market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20595997 - Biofuels (diesel substitute)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Company coverage:

Cosan, Renewable Energy Group, Verbio, Green Plains, Aemetis, Gevo, American Resources, Green Plains Partners, REX American Resources, Targray, R.W. Davis Oil Co., Merrimac Energy Group, Dreyfus, Aemetis, Inc., Shipley Energy, Hightowers Petroleum Co., SK Chemicals America, Alternative Petroleum Technologies, Golden Leaf Energy, Taylor Oil Co., Seaport Refining, 0 Energy, Pacific Biodiesel Technologies, Phoenix Petroleum Co., Western States Petroleum, KCA Solar Power Generating Company Ltd, Piedmont Biofuels Industrial, GPM Empire, Delek US Holdings Inc., RKA Petroleum Companies, Sunpol Resins & Polymers, Ricochet Fuel Distributors

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023