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Asia-Pacific Marine Biofuel Market: Focus on End User, Fuel, Feedstock, Form, and Country - Analysis and Forecast, 2023-2033

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    Report

  • 78 Pages
  • July 2024
  • Region: Asia Pacific
  • BIS Research
  • ID: 5980908
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The Asia-Pacific marine biofuel market was valued at $662.1 million in 2023 and is expected to reach $2.23 billion by 2033 at a CAGR of 12.91% from 2023 to 2033. The marine biofuel market is set to experience substantial expansion driven by rising interest in sustainable, bio-derived fuels to meet the clean energy needs of marine transportation.

Market Introduction

The Asia-Pacific (APAC) marine biofuel market is witnessing robust growth driven by increasing environmental regulations and the maritime industry's shift towards sustainable fuel solutions. As governments and industries in APAC intensify efforts to reduce carbon emissions, biofuels derived from renewable sources like algae, vegetable oils, and waste biomass are gaining prominence. Countries such as Japan, South Korea, China, and Singapore are leading the adoption of biofuels in maritime transport, supported by incentives and mandates promoting cleaner energy alternatives. The region's strategic focus on expanding renewable energy infrastructure, coupled with growing investments in research and development, is expected to further propel market growth. Challenges remain, including scalability of production and cost competitiveness against conventional fuels. However, with technological advancements and increasing awareness of environmental sustainability, the APAC marine biofuel market is poised to play a pivotal role in the future of clean marine transportation.

Market Segmentation:

Segmentation 1: by End User

  • Passenger
  • Cargo
  • Military
  • Others

Segmentation 2: by Fuel

  • FAME
  • Hydrotreated Vegetable Oil
  • Bio-LNG
  • Others (Ethanol and Butanol, among others)

Segmentation 3: by Feedstock

  • Oil Crops
  • Biomass
  • Others

Segmentation 4: by Form

  • Liquid
  • Gas

Segmentation 5: by Country

  • China
  • South Korea
  • Japan
  • Australia
  • Rest-of-Asia-Pacific

Key Market Players and Competition Synopsis

The companies that are profiled in the report have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

Some of the prominent names in the market are:

  • DS Dansuk
  • Emami Group

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Table of Contents

Executive SummaryScope and DefinitionKey Questions Answered
1 Markets: Industry Outlook
1.1 Trends: Current and Future Impact Assessment
1.1.1 Expanding the variety of feedstocks and technologies for biofuel production
1.1.2 Rising uptake of advanced biofuel technologies
1.1.3 Favorable government policies supporting biofuel production
1.2 Supply Chain Overview
1.2.1 Value chain Analysis
1.2.2 Market Map
1.2.3 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend by Country, by Company
1.4 Stakeholder Analysis
1.4.1 Use Case
1.4.2 End User and buying criteria
1.5 Impact analysis for key global events- COVID-19, Russia/Ukraine or Middle East crisis
1.6 Overview of biofuel production technologies
1.7 Market Dynamics Overview
1.7.1 Market Drivers
1.7.2 Market Restraints
1.7.3 Market Opportunities
2 Region
2.1 Marine Biofuel Market (by Region)
Table: Marine Biofuel Market, By Region, (Kilo Tons), 2022-2033
Table: Marine Biofuel Market, By Region, ($ Million), 2022-2033
2.2 Regional Summary
2.3 Asia-Pacific
2.3.1 Regional Overview
2.3.2 Business Drivers
2.3.3 Business Challenges
2.3.4 Application
Table: Asia-Pacific Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By End Users ($ Million), 2022-2033
2.3.5 Product
Table: Asia-Pacific Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: Asia-Pacific Marine Biofuel Market, By Form ($ Million), 2022-2033
2.3.6 Asia-Pacific Marine Biofuel Market (by Country)
2.3.6.1 China
Table: China Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: China Marine Biofuel Market, By End Users ($ Million), 2022-2033
Table: China Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: China Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: China Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: China Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: China Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: China Marine Biofuel Market, By Form ($ Million), 2022-2033
2.3.6.2 South Korea
Table: South Korea Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: South Korea Marine Biofuel Market, By End Users ($ Million), 2022-2033
Table: South Korea Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: South Korea Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: South Korea Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: South Korea Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: South Korea Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: South Korea Marine Biofuel Market, By Form ($ Million), 2022-2033
2.3.6.3 Japan
Table: Japan Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: Japan Marine Biofuel Market, By End Users ($ Million), 2022-2033
Table: Japan Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: Japan Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: Japan Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: Japan Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: Japan Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: Japan Marine Biofuel Market, By Form ($ Million), 2022-2033
2.3.6.4 Australia
Table: Australia Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: Australia Marine Biofuel Market, By End Users ($ Million), 2022-2033
Table: Australia Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: Australia Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: Australia Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: Australia Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: Australia Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: Australia Marine Biofuel Market, By Form ($ Million), 2022-2033
2.3.6.5 Rest-of-Asia-Pacific
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By End Users (Kilo Tons), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By End Users ($ Million), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Fuel (Kilo Tons), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Fuel ($ Million), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Feedstock (Kilo Tons), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Feedstock ($ Million), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Form (Kilo Tons), 2022-2033
Table: Rest-of-Asia-Pacific Marine Biofuel Market, By Form ($ Million), 2022-2033
3 Markets - Competitive Landscape & Company Profiles
3.1 Company Profile
3.1.1 DS Dansuk
3.1.1.1 Company Overview
3.1.1.2 Top Products / Product Portfolio
3.1.1.3 Top Competitors
3.1.1.4 Target Customers /End-Users
3.1.1.5 Key Personnel
3.1.1.6 Market Share
3.1.1.7 Analyst View
3.1.2 Emami Group
3.1.2.1 Company Overview
3.1.2.2 Top Products / Product Portfolio
3.1.2.3 Top Competitors
3.1.2.4 Target Customers /End-Users
3.1.2.5 Key Personnel
3.1.2.6 Market Share
3.1.2.7 Analyst View
4 Research Methodology

Companies Mentioned

  • DS Dansuk
  • Emami Group

Table Information

Report AttributeDetails
No. of Pages78
PublishedJuly 2024
Forecast Period2023 - 2033
Estimated Market Value ( USD ) in 2023 $ 0.66 Billion
Forecasted Market Value ( USD ) by 2033 $ 2.23 Billion
Compound Annual Growth Rate12.9%
Regions CoveredAsia Pacific
No. of Companies Mentioned2

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