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 Asia-Pacific biofuels market recorded revenues of $47.61 billion in 2024, representing a compound annual growth rate (CAGR) of 8.7% between 2019 and 2024.
 - Market consumption volume increased with a CAGR of 3.2% between 2019 and 2024, reaching a total of 230.27 million barrels in 2024.
 - China accounted for 36.9% of the Asia-Pacific biofuels market in 2024, followed by India with a 10.9% share and Japan with a 5.1% share.
 
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the biofuels market in Asia-Pacific
 - Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the biofuels market in Asia-Pacific
 - 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 Asia-Pacific biofuels market with five year forecasts
 
Reasons to Buy
- What was the size of the Asia-Pacific biofuels market by value in 2024?
 - What will be the size of the Asia-Pacific biofuels market in 2029?
 - What factors are affecting the strength of competition in the Asia-Pacific biofuels market?
 - How has the market performed over the last five years?
 - What are the main segments that make up Asia-Pacific's biofuels market?
 
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Wilmar International Ltd
 - Neste Corp
 - PetroChina Co Ltd
 - Indian Oil Corp Ltd
 

