Biofuels in Middle East & Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Biofuels are renewable energy sources produced from organic materials or biomass. Biofuels help in reducing greenhouse gas emissions and are therefore used as a substitute for fossil fuels such as gasoline and diesel. Market volume represents the consumption of biofuel in a country in a specific year. Market value is calculated by multiplying market volume by the wholesale price of biofuel.
- The Middle East & African biofuels market recorded revenues of $439.4 million in 2024, representing a compound annual growth rate (CAGR) of 12% between 2019 and 2024.
- Market consumption volume increased with a CAGR of 4.3% between 2019 and 2024, reaching a total of 3.07 million barrels in 2024.
- South Africa accounted for 45.1% of the Middle East & African biofuels market in 2024, followed by Saudi Arabia with a 16.0% share.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biofuels market in Middle East & Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biofuels market in Middle East & Africa
- Leading company profiles reveal details of key biofuels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Middle East & Africa biofuels market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Middle East & Africa biofuels market by value in 2024?
- What will be the size of the Middle East & Africa biofuels market in 2029?
- What factors are affecting the strength of competition in the Middle East & Africa biofuels market?
- How has the market performed over the last five years?
- Who are the top competitors in Middle East & Africa's biofuels market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Shell plc
- Petroleo Brasileiro SA
- Saudi Arabian Oil Co
- Emirates National Oil Co Ltd
