Liquid Biofuels are transportation fuels derived from agriculture, forestry, and other organic feedstocks. Ethanol and biodiesel are the most common biofuels used in the transportation sector.
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Depleting fuel reserves have stimulated the oil and gas companies to look for more effective and eco-friendly alternatives to cater to the growing demand for propulsion fuel. This is the major factor that is expected to propel the Liquid Biofuels market growth from 2019 to 2027.
Events that may possibly impair the supply of oil and gas have an impact on crude oil prices. Geopolitical and weather-related challenges are two examples of these. Uncertainty over the supply or demand for oil and gas has been caused by geopolitical conflicts, which constitute a significant disruptive element.
Higher price volatility for oil and gas may result from this. A large portion of the world's oil and gas reserves lie in the Middle East and North Africa. The region is quite insecure because of political and cultural problems.
List of Key Companies Profiled:
- ADM (U.S.)
- POET (U.S.)
- Enerkem (Canada)
- Renewable Biofuels Inc. (U.S.)
- Renewable Energy Group, Inc. (U.S.)
- CropEnergies AG (Germany)
- Fulcrum BioEnergy, Inc. (U.S.)
- Algenol (U.S.)
- Emami Agrotech Limited (India)
- Bangchak Corporation Public Company Limited (Thailand)
- Eniven Group (Slovakia)
- BIO OILS ENERGY (Spain)
- Gevo, Inc. (U.S.)
- Pacific Ethanol, Inc. (U.S.)
- Butamax Advanced Biofuels, LLC (U.S.)
The Liquid Biofuels market report offers qualitative and quantitative insights on the global market and a detailed analysis of market size growth rate for all possible segments in the market.
