openPR Logo
Press release

Second Generation Biofuels Industry Expected to Reach $32.95 Billion by 2029 at 25.2% CAGR

11-24-2025 04:50 AM CET | Energy & Environment

Press release from: The Business Research Company

Second Generation Biofuels Market

Second Generation Biofuels Market

Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.

Second Generation Biofuels Market Value Projection: How Much Will the Market Size by 2025?
In recent times, the second generation biofuels market has seen remarkable growth. The market, forecasted to expand from $10.54 billion in 2024 to $13.42 billion in 2025, is expected to grow at a compound annual growth rate (CAGR) of 27.3%. This historic surge is linked to factors such as supportive policy and regulatory environments, accessibility and variety of feedstock, financial investments and funding, fluctuations in oil prices, and public consciousness and perspective.

What Will Be the Market Growth Forecat for Second Generation Biofuels in 2029?
The market size of second-generation biofuels is anticipated to witness substantial growth in the upcoming years, reaching a staggering $32.95 billion by 2029, maintaining a CAGR of 25.2%. This anticipated surge within the forecast period can be associated with the enforcement of carbon intensity regulations, the worldwide energy transition, stringent emission standards, the inception of advanced feedstocks, and increased funding from the private sector. Key forecast period trends encompass enzyme technology advancements, international cooperation and trade agreements, technological advancements, alliances and partnerships, as well as techno-economic optimization.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/second-generation-biofuels-global-market-report

What Are the Core Competitive Drivers in the Second Generation Biofuels Industry?
The anticipated expansion of the second-generation biofuels market is predominantly driven by the increased usage of biofuels due to their environmental advantages. Biofuels are liquid fuels derived from organic materials like trees, crop waste, agricultural waste, or grass. The substitution of fossil fuels with biofuels could help mitigate some of the adverse environmental impacts linked to fossil fuel extraction and use, such as greenhouse gas emissions, resource depletion, and dependency on unstable overseas suppliers. As a result, biofuel consumption is deemed environmentally safe, further fueling the expansion of the second-generation biofuels market.
For instance, U.S. Bioenergy Statistics report released in April 2023 by the United States Department of Agriculture, a federal department responsible for executing legislations related to farming, rural development, and food stated that about 15.4 billion gallons of ethanol and 3.1 billion gallons of biodiesel along with other renewable fuels were produced in the country in 2022. This significant production and usage of biofuels due to their environmental benefits serves as a catalyst propelling the growth of the second-generation biofuels market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12006&type=smp

Which Second Generation Biofuels Market Segment Is Projected to See the Fastest Growth?
The second generation biofuels market covered in this report is segmented -

1) By Type: Cellulosic Ethanol, Biodiesel, Bio Butanol, Bio Dimethylether (DME), Other Types
2) By Process: Biochemical Process, Thermochemical Process
3) By Feedstock: Simple Lignocellulose, Complex Lignocellulose, Syngas, Algae, Other Feedstocks
4) By Application: Transportation, Power Generation, Other Applications

Subsegments:
1) By Cellulosic Ethanol: Acid Hydrolysis Ethanol, Enzymatic Hydrolysis Ethanol
2) By Biodiesel: Transesterification Biodiesel, Non-Transesterified Biodiesel
3) By Bio Butanol: ABE (Acetone-Butanol-Ethanol) Fermentation, Other Production Methods
4) By Bio Dimethylether (DME): Methanol-Derived DME, Gasification-Derived DME
5) By Other Types: Renewable Jet Fuel, Biogas, Algal Biofuels

Which Trends Are Opening New Opportunities in the Second Generation Biofuels Market?
The establishment of strategic alliances and team-ups is a significant trend emerging in the second-generation biofuels market. The main contributors in the sector are concentrating on forming partnerships to fortify their foothold. For instance, in April 2023, Compania Espanola de Petroleos S.A.U., an oil and gas enterprise based in Spain, entered into a partnership with Bio-oils Huelva S.L.U., a Spanish manufacturer of biodiesel. They have set up a joint venture through this partnership to promote the production of second-generation (2G) biofuels and build the largest facility in southern Europe. Additionally, in November 2022, Shell PLC, a UK-based oil and gas enterprise, signed a contract with Razen to acquire 3.25 billion liters of cellulosic ethanol derived from sugar cane. According to the arrangement, Shell Trading Rotterdam will buy the cellulosic ethanol produced in the first decade of operation from any new location. The cellulosic ethanol produced by Raízen will have a carbon intensity that is approximately 75% less than that of gasoline.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=12006&type=smp

Who Are the Leaders in the Second Generation Biofuels Market?
Major companies operating in the second generation biofuels market include TotalEnergies SE, Reliance Industries Limited, INEOS Group Limited, The Andersons Inc., International Flavors & Fragrances Inc., Darling Ingredients Inc, DuPont Nutrition Biosciences ApS, Green Plains Inc, Flint Hills Resources LLC, Gevo Inc., Abengoa S.A., POET LLC, ICM Inc., Enerkem Inc., Advanced Enzyme Technologies Limited, Fulcrum BioEnergy Inc., LanzaTech Inc, Virent Energy Systems Inc., GranBio LLC, Algenol Biofuels Inc., Novamont S.p.A., Edeniq Inc., Mascoma Corporation, BlueFire Renewables Inc, Fiberight LLC., Clariant AG, Raizen S.A., Copersucar SA, Beta Renewables S.p.A., EcoCeres Inc.

Which Regional Second Generation Biofuels Markets Offer the Greatest Growth Potential?
North America was the largest region in the second-generation biofuels market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the second-generation biofuels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Second Generation Biofuels Industry Expected to Reach $32.95 Billion by 2029 at 25.2% CAGR here

News-ID: 4283649 • Views:

More Releases from The Business Research Company

Wireline Services Market to Surpass $15.9 Billion by 2029 | Key Trends & Insights
Wireline Services Market to Surpass $15.9 Billion by 2029 | Key Trends & Insight …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. How Will the Wireline Services Market Grow by 2025 in Terms of Size and Growth? In recent times, the wireline services market has seen robust growth. A rise from $11.21 billion in 2024 to $12.1 billion in 2025 is anticipated, representing a compound annual growth rate (CAGR) of 7.9%. Factors contributing to
Oil And Gas Drones Industry to See Robust Expansion, Valued at $10208.26 Billion by 2029
Oil And Gas Drones Industry to See Robust Expansion, Valued at $10208.26 Billion …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments. What Is the Projected CAGR for the Oil And Gas Drones Market from 2024 to 2025? In recent times, the oil and gas drones market has seen a monumental increase in size. Projected figures show the market swelling from $9.36 billion in 2024 to $12.61 billion in 2025, this corresponds to a
Crude Oil Market to Grow at 4.9% CAGR, Reaching $3693.23 Billion by 2029
Crude Oil Market to Grow at 4.9% CAGR, Reaching $3693.23 Billion by 2029
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide. Crude Oil Market Outlook: How is the Market Expected to Grow by 2025? In recent times, the crude oil market has experienced consistent growth. By 2025, it is expected to expand from $2931.24 billion (as of 2024) to $3050.95 billion, exhibiting a compound annual growth rate (CAGR) of 4.1%. The
Advanced Biofuels Market is Anticipated to Expand upto $647.25 Billion in 2029
Advanced Biofuels Market is Anticipated to Expand upto $647.25 Billion in 2029
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports. What Is the Forecasted Market Growth Rate of the Advanced Biofuels Industry? The market size of advanced biofuels has seen phenomenal growth in the past few years. It is projected to rise from $116.85 billion in 2024 to a staggering $163.89 billion in 2025, recording a compound annual growth rate (CAGR)

All 5 Releases


More Releases for Bio

Human Plasma Products Market 2023: Industry Future Trends | Takeda, CSL, Grifols …
The Human Plasma Products market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with
Gene Therapy Products Market | Advantagene, Avalanche Bio, Bluebird Bio, Cellado …
The global gene therapy products market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the gene therapy products market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Bio-based Polymethyl Methacrylate (Bio-PMMA) Market 2023 | Detailed Report
The Bio-based Polymethyl Methacrylate (Bio-PMMA) report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research. The Bio-based Polymethyl Methacrylate (Bio-PMMA) research report
Bio Pharma Buffer Market – A comprehensive study by Key Players: Bio-Rad, Lonz …
Latest Market intelligence report released by HTF MI with title "COVID-19 Outbreak-Global Bio Pharma Buffer Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19 Outbreak-Global Bio Pharma Buffer Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary
IVIG Market Anticipated a Noteworthy CAGR during 2019-2024 & Companies Included …
A report added to the rich database of Qurate Business Intelligence, titled “World IVIG Market by Product Type, Players and Regions - Forecast to 2024”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the
Green & Bio-based Solvents Market Analysis, Demand, & Opportunities till 2023 | …
A latest research report titled as “Green & Bio-based Solvents Market for Paints & Coatings, Printing Inks, Commercial & Domestic Cleaning, Adhesives & Sealants, Pharmaceutical, Cosmetics, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the