Global Renewable Synfuels Market Growth 2024-2030

Global Renewable Synfuels Market Growth 2024-2030

Product Code:886542

Published Date: Apr 28,2024

Pages: 139

Region: Global

Category: Energy & Power

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Renewable Synfuels in this report refer to both Biofuel and eFuel. Biofuels are fuels derived from organic sources such as biomass and organic waste. The two most common types of biofuel are bioethanol and biodiesel. Biofuel represent one of the main solutions for quickly and efficiently reducing emissions from mobility in the coming years. Electrofuels, also known as e-fuels, a class of synthetic fuels, are a type of drop-in replacement fuel. They are manufactured using captured carbon dioxide or carbon monoxide, together with hydrogen obtained from water split by sustainable electricity sources such as wind, solar and nuclear power.

The global Renewable Synfuels market size is projected to grow from US$ 164250 million in 2024 to US$ 375220 million in 2030; it is expected to grow at a CAGR of 14.8% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Renewable Synfuels Industry Forecast” looks at past sales and reviews total world Renewable Synfuels sales in 2023, providing a comprehensive analysis by region and market sector of projected Renewable Synfuels sales for 2024 through 2030. With Renewable Synfuels sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Renewable Synfuels industry.

This Insight Report provides a comprehensive analysis of the global Renewable Synfuels landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Renewable Synfuels portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Renewable Synfuels market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Renewable Synfuels and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Renewable Synfuels.

The core manufacturers in global Renewable Synfuels market are Valero, Neste, ADM, POET and Renewable Energy Group (Chevron), etc, accounting for 34% market share. Valero is the world's largest Renewable Synfuels manufacturer, occupying approximately 9% of the market share. From the perspective of product type, Biodiesel accounted for a share of 44% in the global Renewable Synfuels market. In terms of application, Road Transport holds the largest share, accounting for 86% share.

This report presents a comprehensive overview, market shares, and growth opportunities of Renewable Synfuels market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Biodiesel
    Bioethanol
    Renewable Natural Gas
    eFuels

Segmentation by Application:
    Road Transport
    Shipping
    Aviation
    Industrial
    Power Generation
    Heating
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    ADM
    Valero
    Neste
    POET
    Renewable Energy Group (Chevron)
    Raízen
    Saipol
    Green Plains
    Alto Ingredients
    CropEnergies
    The Andersons
    Verbio
    Total
    Cargill
    Zhuoyue New Energy
    Nature Energy (Shell)
    Jiaao Enprotech

Key Questions Addressed in this Report
What is the 10-year outlook for the global Renewable Synfuels market?
What factors are driving Renewable Synfuels market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Renewable Synfuels market opportunities vary by end market size?
How does Renewable Synfuels break out by Type, by Application?