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 South American biofuels market recorded revenues of $41.06 billion in 2024, representing a compound annual growth rate (CAGR) of 9.8% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 1.9% between 2019 and 2024, reaching a total of 262.83 million barrels in 2024.
- Brazil accounted for 85.8% of the South American biofuels market in 2024, followed by Colombia with a 5.3% share and Argentina with a 4.9% share.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biofuels market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biofuels market in South America
- 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 South America biofuels market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the South America biofuels market by value in 2024?
- What will be the size of the South America biofuels market in 2029?
- What factors are affecting the strength of competition in the South America biofuels market?
- How has the market performed over the last five years?
- Who are the top competitors in South America's biofuels market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Cosan SA
- Sao Martinho SA
- Petroleo Brasileiro SA
- Repsol SA