Global Automotive Biofuels Market to Grow at a CAGR of 8.37% During the Period 2017-2021

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Albany, NY -- (SBWIRE) -- 03/24/2017 -- Biofuels are fuels produced through biological processes such as anaerobic digestion of biological (mostly plant derived) materials rather than geological processes that are involved in the formation of fossil fuels. In this report, we have considered ethanol and biodiesel as the two major types of biofuels that are used as automotive fuels.

Technavios analysts forecast the global automotive biofuels market to grow at a CAGR of 8.37% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive biofuels market for 2017-2021. To calculate the market size, the report considers the production of biofuels for automotive use and given in dollar billion. The biofuels covered in the report are ethanol and biodiesel.

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

Technavio's report, Global Automotive Biofuels 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
INEOS Enterprises
Renewable Energy
Other prominent vendors
AJ Oleo Industries
Bangchak Petroleum
Chemrez Technologies
Ekarat Pattana
North Queensland Bio Energy Corporation Limited
Pacific Ethanol
Patum Vegetable Oil
Petro Green
PT Darmex Biofuel
PT Eterindo Wahanatama Tbk
PT Molindo Raya Industrial
Pure Essence International
Red Rock
Thai Agro Energy
Valero Energy Corporation
Wilmar International
Longyan Zhuoyue New Energy
Fujian Zhongde Energy
Louis Dreyfus Commodities
Guangzhou Devotion Thermal Technology
Ningbo Tech-Bank
Gushan Environmental Energy
Henan Tianguan Enterprise Group
Shandong Jinjiang Bioenergy Technology
Jiangsu Hengshunda Bio-Energy
Jiangsu Yueda Kate New Energy
Tangshan Jin Lihai Biodiesel
Jilin Fuel Ethanol
Zhenghe Bioenergy

Market driver
Stringent regulations for keeping a check on vehicular emissions is likely to drive use of automotive biofuels
For a full, detailed list, view our report

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Market challenge
Subsidies to fossil fuel consumption hampering adoption of biofuels for automotive use
For a full, detailed list, view our report

Market trend
Biofuel production to go green
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?