Product Code: A00474
According to a new report published by Allied Market Research, titled, "Second Generation Biofuels Market," The second generation biofuels market was valued at $8.2 billion in 2022, and is estimated to reach $87.5 billion by 2032, growing at a CAGR of 26.8% from 2023 to 2032.
Second generation biofuels are also known as advanced biofuels that are produced from residual and waste products such as
1) industry and households. Large quantities of used frying oil and slaughterhouse waste are also used in producing them. In addition, they are also produced from non-food crops including agricultural residue, wood chips, and wheat straw from wheat production. It is derived from lignocellulosic crops. This generation technology allows the lignin and cellulose of plants to be separated so that cellulose is fermented into alcohol. These biofuels are manufactured from different types of biomasses as it defines any source of organic carbon in second generation biofuel industry.
Second-generation biofuels solve the limitations of first-generation biofuels such as
1), it supply a larger proportion of biofuel sustainably and affordably with greater environmental benefits. The presence of various advantages such as
1) the majority of the cheap and abundant nonfood materials include by-products such as
1) cereal straw, sugar bagasse, forest residues; waste such as
1) organic components from municipal solid wastes; and dedicated feedstocks such as
1) vegetative grasses, and short-rotation forests. The presence of the raw material lignocellulose is the most abundant biomass on earth, consisting of about 70% sugars, which depend on various processes before they are transformed into bioethanol or other biofuels.
It provides a sustainable energy source that does not require any land to be converted from food production or harm the environment. It also assist in solving the difficulties caused by contemporary society waste and offer jobs for the underprivileged where none existed previously. Far from causing food shortages, proper biofuel production and distribution provide the finest chance for emerging and underdeveloped countries to achieve long-term economic growth. Biofuels provide the potential of genuine market competition and a drop in oil prices. According to the Wall Street Journal, if it were not for biofuels, crude oil would be 15% higher and gasoline would be up to 25% more expensive. A healthy supply of alternative energy resources will help to combat gasoline price hikes. The abovementioned trends and presence of demand for various purposes drive the growth of the second-generation biofuels market.
The growth of the second generation biofuel market is hampered due to its low performance in cold temperatures, efficiency of the cellulose conversion, and the risk of spreading sickness from contaminated feedstocks. The second generation biofuels market scope is segmented into feedstock, type, process, application, and region.
On the basis of feedstock, the global second generation biofuels market is categorized into simple lignocellulose, complex lignocellulose, syngas, algae, and others. By type, the global second generation biofuels market is classified into cellulosic ethanol, biodiesel, bio butanol, and others. On the basis of process, the global second generation biofuels market is segregated into biochemical process and thermochemical process. By application, the global second generation biofuels market is divided into transportation, power generation, and others.
Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America accounted for the largest share of the market in 2020, with Asia-Pacific being the fastest growing region. The major companies profiled in this report include Algenol Biofuels, Clariant AG, International Flavors & Fragrances Inc, Fiberight LLC., GranBio, Ineos Group, Orsted A/S, POET-DSM Advanced Biofuels LLC, Reliance Industries, and Zea2, LLC.
In addition to the abovementioned companies, there are Algae. Tec, Chemrec Inc., Gevo, Inc., and Muradel competing for the share of the market through product launch, joint venture, partnership, and expanding the production capabilities to meet the future demand for the second generation biofuels market forecast period.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the second generation biofuels market analysis from 2022 to 2032 to identify the prevailing second generation biofuels market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the second generation biofuels market size segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global second generation biofuels market trends, key players, market segments, application areas, and second generation biofuels market growth strategies.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- Investment Opportunities
- Upcoming/New Entrant by Regions
- Technology Trend Analysis
- Regulatory Guidelines
- Strategic Recommedations
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Expanded list for Company Profiles
- Historic market data
- Import Export Analysis/Data
- Market share analysis of players at global/region/country level
- Volume Market Size and Forecast
Key Market Segments
By Type
- Cellulosic Ethanol
- Biodiesel
- Bio Butanol
- Others
By Feedstock
- Simple Lignocellulose
- Complex Lignocellulose
- Syngas
- Algae
- Others
By Process
- Biochemical Process
- Thermochemical Process
By Application
- Transportation
- Power Generation
- Others
By Region
- North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Thailand
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Israel
- Rest of LAMEA
Key Market Players:
- INEOS Group
- Algenol Biotech LLC
- Fiberight
- International Flavors & Fragrances Inc.
- Reliance Industries Limited
- Clariant AG.
- Orsted A/S
- POET-DSM Advanced Biofuels LLC
- Zea2
- GranBio Investimentos S.A.
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Energy Security Concerns
- 3.4.1.2. Environment Regulations
- 3.4.2. Restraints
- 3.4.2.1. High Production Costs
- 3.4.2.2. Lack of Infrastructure
- 3.4.3. Opportunities
- 3.4.3.1. Renewable Energy Storage
- 3.5. Value Chain Analysis
- 3.6. Key Regulation Analysis
- 3.7. Pricing Analysis
CHAPTER 4: SECOND GENERATION BIOFUELS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Cellulosic Ethanol
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Biodiesel
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Bio Butanol
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
- 4.5. Others
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
CHAPTER 5: SECOND GENERATION BIOFUELS MARKET, BY FEEDSTOCK
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Simple Lignocellulose
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Complex Lignocellulose
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Syngas
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
- 5.5. Algae
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
- 5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country
CHAPTER 6: SECOND GENERATION BIOFUELS MARKET, BY PROCESS
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Biochemical Process
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Thermochemical Process
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: SECOND GENERATION BIOFUELS MARKET, BY APPLICATION
- 7.1. Overview
- 7.1.1. Market size and forecast
- 7.2. Transportation
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by region
- 7.2.3. Market share analysis by country
- 7.3. Power Generation
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by region
- 7.3.3. Market share analysis by country
- 7.4. Others
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by region
- 7.4.3. Market share analysis by country
CHAPTER 8: SECOND GENERATION BIOFUELS MARKET, BY REGION
- 8.1. Overview
- 8.1.1. Market size and forecast By Region
- 8.2. North America
- 8.2.1. Key market trends, growth factors and opportunities
- 8.2.2. Market size and forecast, by Type
- 8.2.3. Market size and forecast, by Feedstock
- 8.2.4. Market size and forecast, by Process
- 8.2.5. Market size and forecast, by Application
- 8.2.6. Market size and forecast, by country
- 8.2.6.1. U.S.
- 8.2.6.1.1. Market size and forecast, by Type
- 8.2.6.1.2. Market size and forecast, by Feedstock
- 8.2.6.1.3. Market size and forecast, by Process
- 8.2.6.1.4. Market size and forecast, by Application
- 8.2.6.2. Canada
- 8.2.6.2.1. Market size and forecast, by Type
- 8.2.6.2.2. Market size and forecast, by Feedstock
- 8.2.6.2.3. Market size and forecast, by Process
- 8.2.6.2.4. Market size and forecast, by Application
- 8.2.6.3. Mexico
- 8.2.6.3.1. Market size and forecast, by Type
- 8.2.6.3.2. Market size and forecast, by Feedstock
- 8.2.6.3.3. Market size and forecast, by Process
- 8.2.6.3.4. Market size and forecast, by Application
- 8.3. Europe
- 8.3.1. Key market trends, growth factors and opportunities
- 8.3.2. Market size and forecast, by Type
- 8.3.3. Market size and forecast, by Feedstock
- 8.3.4. Market size and forecast, by Process
- 8.3.5. Market size and forecast, by Application
- 8.3.6. Market size and forecast, by country
- 8.3.6.1. Germany
- 8.3.6.1.1. Market size and forecast, by Type
- 8.3.6.1.2. Market size and forecast, by Feedstock
- 8.3.6.1.3. Market size and forecast, by Process
- 8.3.6.1.4. Market size and forecast, by Application
- 8.3.6.2. France
- 8.3.6.2.1. Market size and forecast, by Type
- 8.3.6.2.2. Market size and forecast, by Feedstock
- 8.3.6.2.3. Market size and forecast, by Process
- 8.3.6.2.4. Market size and forecast, by Application
- 8.3.6.3. Italy
- 8.3.6.3.1. Market size and forecast, by Type
- 8.3.6.3.2. Market size and forecast, by Feedstock
- 8.3.6.3.3. Market size and forecast, by Process
- 8.3.6.3.4. Market size and forecast, by Application
- 8.3.6.4. Spain
- 8.3.6.4.1. Market size and forecast, by Type
- 8.3.6.4.2. Market size and forecast, by Feedstock
- 8.3.6.4.3. Market size and forecast, by Process
- 8.3.6.4.4. Market size and forecast, by Application
- 8.3.6.5. UK
- 8.3.6.5.1. Market size and forecast, by Type
- 8.3.6.5.2. Market size and forecast, by Feedstock
- 8.3.6.5.3. Market size and forecast, by Process
- 8.3.6.5.4. Market size and forecast, by Application
- 8.3.6.6. Rest of Europe
- 8.3.6.6.1. Market size and forecast, by Type
- 8.3.6.6.2. Market size and forecast, by Feedstock
- 8.3.6.6.3. Market size and forecast, by Process
- 8.3.6.6.4. Market size and forecast, by Application
- 8.4. Asia-Pacific
- 8.4.1. Key market trends, growth factors and opportunities
- 8.4.2. Market size and forecast, by Type
- 8.4.3. Market size and forecast, by Feedstock
- 8.4.4. Market size and forecast, by Process
- 8.4.5. Market size and forecast, by Application
- 8.4.6. Market size and forecast, by country
- 8.4.6.1. China
- 8.4.6.1.1. Market size and forecast, by Type
- 8.4.6.1.2. Market size and forecast, by Feedstock
- 8.4.6.1.3. Market size and forecast, by Process
- 8.4.6.1.4. Market size and forecast, by Application
- 8.4.6.2. Japan
- 8.4.6.2.1. Market size and forecast, by Type
- 8.4.6.2.2. Market size and forecast, by Feedstock
- 8.4.6.2.3. Market size and forecast, by Process
- 8.4.6.2.4. Market size and forecast, by Application
- 8.4.6.3. India
- 8.4.6.3.1. Market size and forecast, by Type
- 8.4.6.3.2. Market size and forecast, by Feedstock
- 8.4.6.3.3. Market size and forecast, by Process
- 8.4.6.3.4. Market size and forecast, by Application
- 8.4.6.4. Thailand
- 8.4.6.4.1. Market size and forecast, by Type
- 8.4.6.4.2. Market size and forecast, by Feedstock
- 8.4.6.4.3. Market size and forecast, by Process
- 8.4.6.4.4. Market size and forecast, by Application
- 8.4.6.5. Rest of Asia-Pacific
- 8.4.6.5.1. Market size and forecast, by Type
- 8.4.6.5.2. Market size and forecast, by Feedstock
- 8.4.6.5.3. Market size and forecast, by Process
- 8.4.6.5.4. Market size and forecast, by Application
- 8.5. LAMEA
- 8.5.1. Key market trends, growth factors and opportunities
- 8.5.2. Market size and forecast, by Type
- 8.5.3. Market size and forecast, by Feedstock
- 8.5.4. Market size and forecast, by Process
- 8.5.5. Market size and forecast, by Application
- 8.5.6. Market size and forecast, by country
- 8.5.6.1. Brazil
- 8.5.6.1.1. Market size and forecast, by Type
- 8.5.6.1.2. Market size and forecast, by Feedstock
- 8.5.6.1.3. Market size and forecast, by Process
- 8.5.6.1.4. Market size and forecast, by Application
- 8.5.6.2. South Africa
- 8.5.6.2.1. Market size and forecast, by Type
- 8.5.6.2.2. Market size and forecast, by Feedstock
- 8.5.6.2.3. Market size and forecast, by Process
- 8.5.6.2.4. Market size and forecast, by Application
- 8.5.6.3. Israel
- 8.5.6.3.1. Market size and forecast, by Type
- 8.5.6.3.2. Market size and forecast, by Feedstock
- 8.5.6.3.3. Market size and forecast, by Process
- 8.5.6.3.4. Market size and forecast, by Application
- 8.5.6.4. Rest of LAMEA
- 8.5.6.4.1. Market size and forecast, by Type
- 8.5.6.4.2. Market size and forecast, by Feedstock
- 8.5.6.4.3. Market size and forecast, by Process
- 8.5.6.4.4. Market size and forecast, by Application
CHAPTER 9: COMPETITIVE LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product mapping of top 10 player
- 9.4. Competitive dashboard
- 9.5. Competitive heatmap
- 9.6. Top player positioning, 2022
CHAPTER 10: COMPANY PROFILES
- 10.1. Algenol Biotech LLC
- 10.1.1. Company overview
- 10.1.2. Key executives
- 10.1.3. Company snapshot
- 10.1.4. Operating business segments
- 10.1.5. Product portfolio
- 10.2. Clariant AG.
- 10.2.1. Company overview
- 10.2.2. Key executives
- 10.2.3. Company snapshot
- 10.2.4. Operating business segments
- 10.2.5. Product portfolio
- 10.2.6. Business performance
- 10.2.7. Key strategic moves and developments
- 10.3. International Flavors & Fragrances Inc.
- 10.3.1. Company overview
- 10.3.2. Key executives
- 10.3.3. Company snapshot
- 10.3.4. Operating business segments
- 10.3.5. Product portfolio
- 10.3.6. Business performance
- 10.3.7. Key strategic moves and developments
- 10.4. Fiberight
- 10.4.1. Company overview
- 10.4.2. Key executives
- 10.4.3. Company snapshot
- 10.4.4. Operating business segments
- 10.4.5. Product portfolio
- 10.5. GranBio Investimentos S.A.
- 10.5.1. Company overview
- 10.5.2. Key executives
- 10.5.3. Company snapshot
- 10.5.4. Operating business segments
- 10.5.5. Product portfolio
- 10.5.6. Business performance
- 10.5.7. Key strategic moves and developments
- 10.6. INEOS Group
- 10.6.1. Company overview
- 10.6.2. Key executives
- 10.6.3. Company snapshot
- 10.6.4. Operating business segments
- 10.6.5. Product portfolio
- 10.6.6. Business performance
- 10.7. Orsted A/S
- 10.7.1. Company overview
- 10.7.2. Key executives
- 10.7.3. Company snapshot
- 10.7.4. Operating business segments
- 10.7.5. Product portfolio
- 10.7.6. Business performance
- 10.8. POET-DSM Advanced Biofuels LLC
- 10.8.1. Company overview
- 10.8.2. Key executives
- 10.8.3. Company snapshot
- 10.8.4. Operating business segments
- 10.8.5. Product portfolio
- 10.9. Reliance Industries Limited
- 10.9.1. Company overview
- 10.9.2. Key executives
- 10.9.3. Company snapshot
- 10.9.4. Operating business segments
- 10.9.5. Product portfolio
- 10.9.6. Business performance
- 10.10. Zea2
- 10.10.1. Company overview
- 10.10.2. Key executives
- 10.10.3. Company snapshot
- 10.10.4. Operating business segments
- 10.10.5. Product portfolio