Biofuel Market: An Exclusive Study on Upcoming Trends and Growth Opportunities

New Revenue Pockets: The global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated USD 167.4 billion in 2023, at a CAGR of 6.2% during the forecast period. The demand for biofuels is expected to grow in developing countries due to certain key factors such as increased investments in to encourage the use of biofuels and implementation of national policies that support...

Biofuel Market Size to Hit $225.9 billion by 2028

Biofuel Market
According to a research report “Biofuel Market by Fuel Type (Ethanol, Biodiesel, Renewable Diesel, and Biojets), Generation (First Generation, Second Generation, Third Generation), End-use, Application (Transportation, Aviation) and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global biofuel market is projected to reach USD 225.9 billion by 2028 from an estimated...

Combined Heat and Power Market To Receive Overwhelming Hike in Future

The Combined Heat and Power Market size will grow to USD 35.2 billion by 2026 (forecast year) from USD 26.6 billion in 2021 (estimated year), at a CAGR of 5.8% during the forecast period. Combined heat and power (CHP) is an energy-efficient technology that generates electricity and captures the heat that would otherwise be wasted to provide useful thermal energy, such as steam or hot water. This...

Bioliquid Heat and Power Generation Market to Hit $2.29 Billion by 2022

Combined Heat and Power Market
The global bioliquid heat and power generation market is expected to grow from an estimated value of $1.67 billion in 2017 to $2.29 billion by 2022, at a CAGR of 6.54%, from 2017 to 2022. The bioliquid heat and generation market is driven by factors such as the easy availability of feedstocks and reduction in carbon emissions. The availability of technology to convert feedstocks to liquid biofuels...

Biodiesel Market: Fuel to Be the Dominant Application of Biodiesel

According to the new market research report “Biodiesel Market by Feedstock Type (Vegetable Oils (Soybean, Rapeseed, Palm), Animal Fats (Lard/White Grease, Poultry, Tallow), Brown Grease/ Trap Grease), Application (Fuel, Power Generation), and Region – Global Forecast to 2021″, published by MarketsandMarkets™, The biodiesel market was USD 32.87 Billion in 2015, and is projected...