Press release
SyntecBiofuel Predicts Biofuels Market to Hit $208 B by 2030
Cambridge, UK, 17th July 2025, ZEX PR WIRE, SyntecBiofuel, a pioneer in sustainable bioenergy solutions, today released its inaugural 2025-2030 Biofuels Market Forecast Report, projecting the global biofuels industry will nearly double in value over the next five years.Key Forecast Highlights
Global Market Growth: From USD 99.5 billion in 2023 to USD 207.9 billion by 2030 at an 11.3% CAGR.
Advanced Biofuels Surge: Valued at USD 136.9 billion in 2024, expected to exceed USD 965.1 billion by 2030-an extraordinary 38.5% CAGR.
Segmentation Trends: Conventional liquid biofuels (ethanol and biodiesel) will remain dominant in transport blending, while "drop‐in" fuels for aviation and marine sectors grow at 8.7% CAGR from USD 17.2 billion in 2025 to USD 26.1 billion in 2030.
Regional Leaders: North America's market is forecast to climb from USD 52.3 billion in 2024 to USD 174.6 billion by 2034; Asia Pacific's sustainable aviation fuel (SAF) capacity is set to outpace demand in 2025, creating a short‐term oversupply.
"Today's launch of our Biofuels Market Forecast Report underscores SyntecBiofuel's commitment to data‐driven insight and innovation," said Dr. Elena Voss, Chief Technology Officer at SyntecBiofuel. "With global decarbonization mandates intensifying, we're seeing unparalleled growth in advanced biofuels-particularly in aviation and marine applications-while conventional segments continue to underpin transport energy needs."
Market Drivers & Challenges
Decarbonization Mandates: Stricter blending requirements and carbon‐pricing incentives are accelerating adoption.
Technological Advances: Breakthroughs in feedstock conversion and catalytic upgrading are driving down costs and improving yields.
Feedstock Constraints: Competition for land and inconsistent waste streams remain critical supply‐chain challenges.
Policy Volatility: Fluctuating incentives and regulatory frameworks can affect investment timelines.
Media Contact
Jane Harrington
Director of Communications
SyntecBiofuel Ltd.
About SyntecBiofuel
SyntecBiofuel is at the forefront of sustainable energy innovation, converting non‐food biomass, agricultural residues, and waste into high‐performance biofuels. Headquartered in Cambridge, UK, with research centers across Europe and Asia, the company delivers turnkey solutions-from feedstock sourcing to commercialization-to decarbonize transport, aviation, and marine sectors worldwide.
For more information and to download the full 2025-2030 Biofuels Market Forecast Report, visit https://syntecbiofuel.com/main.php
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