운송용 바이오연료 시장 규모, 점유율, 성장 및 세계 업계 분석, 지역별 인사이트 및 예측(2026-2034년)

Growth Factors of transportation biofuels Market

The global transportation biofuels market size was valued at USD 152.22 billion in 2025. The market is projected to grow from USD 155.70 billion in 2026 to USD 313.28 billion by 2034, registering a CAGR of 9.13% during the forecast period from 2026 to 2034.

North America dominated the global transportation biofuels market in 2025, accounting for a 36.22% market share with a market value of USD 55.14 billion.

Transportation biofuels are renewable fuels produced from biological feedstocks such as corn, sugarcane, vegetable oils, used cooking oil, tallow, waste oils, and other biomass sources. These fuels provide lower-carbon alternatives to petroleum-based fuels and are used across road transportation, aviation, commercial fleets, and heavy-duty vehicles.

Major transportation biofuels include:

• Bioethanol
• Biodiesel (FAME)
• Renewable diesel (HVO)
• Sustainable aviation fuel (SAF)

The market growth is driven by increasing global efforts toward transportation decarbonization, renewable fuel mandates, emission reduction targets, and rising investments in advanced biofuel production technologies.

Leading companies operating in the market include Neste Oyj, POET LLC, Archer Daniels Midland Company, Valero Energy Corporation, Raizen S.A., BP Bunge Bioenergia, and Chevron Renewable Energy Group.

Transportation Biofuels Market Trends

Rising Adoption of Advanced Biofuels and Sustainable Feedstocks

The increasing adoption of advanced biofuels produced from sustainable feedstocks is a major trend shaping the market.

Manufacturers are focusing on:

• Used cooking oil-based fuels
• Animal fat-based biofuels
• Agricultural residue conversion
• Waste-based renewable fuels

Growing demand for renewable diesel (HVO) and sustainable aviation fuel (SAF) is particularly increasing due to stricter emission regulations in aviation and commercial transportation.

Continuous innovation in bio-refining technologies and feedstock diversification is improving fuel efficiency and reducing lifecycle carbon emissions.

Market Dynamics

Market Drivers

Growing Demand for Low-Carbon Transportation Fuels

The increasing focus on reducing greenhouse gas emissions and achieving net-zero targets is a major driver of transportation biofuels market growth.

Governments worldwide are implementing:

• Renewable fuel blending mandates
• Low-carbon fuel standards
• Sustainable aviation policies
• Clean transportation incentives

These initiatives are accelerating investments in biofuel production facilities and renewable fuel infrastructure.

Transportation biofuels also support energy security by reducing dependence on fossil fuel imports.

Major Growth Contributors (2026-2034)

• Government biofuel blending mandates: +4.20% CAGR contribution
• Transportation decarbonization initiatives: +2.80%
• Advanced biofuel production expansion: +1.90%
• Oil company investments in renewable fuels: +1.20%
• Commercial fleet adoption: +0.80%
• Other factors: +0.40%

Market Restraints

High Production Costs and Feedstock Availability Challenges

Advanced biofuels require significant investment in:

• Processing technologies
• Refining infrastructure
• Feedstock sourcing
• Production facilities

Fluctuations in agricultural crops, vegetable oil prices, and waste-based feedstock availability can increase production costs.

These challenges may restrict large-scale adoption, especially in developing markets.

Major Market Restraints

• Feedstock price volatility and supply limitations
• Competition from electric vehicles and alternative fuels
• Sustainability concerns and land-use regulations
• Uncertain policy frameworks

Market Opportunities

Growing Demand for Sustainable Aviation Fuel and Advanced Biofuels

The increasing demand for sustainable aviation fuel (SAF) is creating significant opportunities for market players.

Airlines, governments, and fuel producers are investing in:

• SAF production facilities
• Waste-based biofuels
• Advanced refining technologies
• Renewable fuel supply chains

The expansion of renewable diesel (HVO) in heavy-duty transportation and aviation applications is expected to create strong growth opportunities during the forecast period.

Market Challenges

Lack of Standardized Global Policies

The lack of consistent international regulations and incentive structures remains a major challenge.

Differences in:

• Fuel blending requirements
• Sustainability certifications
• Carbon accounting methods
• Government subsidies

create uncertainty for producers and investors.

Policy variations may slow international trade and large-scale commercialization of advanced biofuels.

Segmentation Analysis

By Fuel Type

The transportation biofuels market is segmented into:

• Bioethanol
• Biodiesel/FAME
• Renewable diesel/HVO
• Sustainable aviation fuel
• Others

The bioethanol segment dominated the market with a 55.14% share in 2025.

Growth is supported by:

• Established production infrastructure
• Corn and sugarcane availability
• Gasoline blending mandates
• Renewable fuel policies

The renewable diesel/HVO segment is projected to grow at a CAGR of 11.80% during 2026-2034 due to increasing demand from commercial transportation and aviation sectors.

By Feedstock

The market includes:

• Maize/corn
• Sugarcane and sugar crops
• Vegetable oils
• Used cooking oil
• Tallow and waste oils
• Others

The maize/corn segment dominated with a 32.42% share in 2025.

The segment benefits from:

• High ethanol production yield
• Strong agricultural availability
• Established supply chains

The used cooking oil, tallow, and waste oils segment is expected to grow at a CAGR of 11.37% due to rising demand for advanced biofuels.

By Generation

The market is divided into:

• First-generation biofuels
• Second-generation/advanced biofuels
• Third-generation biofuels
• Others

The first-generation biofuels segment dominated with a 76.39% share in 2025.

Growth is supported by:

• Mature production technologies
• Established infrastructure
• Strong commercial adoption

The second-generation biofuels segment is expected to grow fastest at a CAGR of 9.96%.

By End User

The market includes:

• Passenger vehicles
• Commercial vehicles
• Heavy-duty trucks and buses
• Aviation operators
• Others

The passenger vehicles segment dominated with a 44.55% share in 2025.

Growth is driven by:

• Large vehicle fleets
• Ethanol blending programs
• Biodiesel adoption

The aviation operators segment is projected to grow fastest at a CAGR of 12.65% due to increasing SAF adoption.

Transportation Biofuels Market Regional Outlook

North America

North America dominated the market in 2025 with a value of USD 55.14 billion.

Growth is supported by:

• Strong renewable fuel policies
• Large bioethanol industry
• Renewable diesel investments
• Advanced biofuel infrastructure

The U.S. transportation biofuels market reached USD 48.78 billion in 2025, accounting for approximately 32.04% of global revenue.

Europe

Europe recorded a market value of USD 41.29 billion in 2025.

The region is driven by:

• Carbon emission regulations
• Renewable energy targets
• Sustainable aviation fuel initiatives

Germany transportation biofuels market:

• USD 9.10 billion in 2025

Asia Pacific

Asia Pacific reached a market value of USD 38.95 billion in 2025.

The region is experiencing strong growth due to:

• Renewable fuel mandates
• Agricultural feedstock availability
• Energy security initiatives

Country-wise values:

• India: approximately 6.61% of global revenue in 2025
• China: approximately 7.51% of global revenue in 2025
• Indonesia: USD 7.09 billion in 2025

Latin America

Latin America reached USD 12.76 billion in 2025.

Growth is supported by:

• Sugarcane production
• Biodiesel development
• Renewable fuel policies

Brazil dominated the region with:

• USD 10.05 billion in 2025

Middle East & Africa

The Middle East & Africa market reached USD 4.08 billion in 2025.

Growth is supported by:

• Carbon reduction initiatives
• Sustainable aviation fuel adoption
• Renewable fuel investments

The GCC transportation biofuels market reached:

• USD 1.17 billion in 2025

Competitive Landscape

Companies Expand Production Capacity and Sustainable Feedstock Supply

Major companies are focusing on:

• Advanced biofuel production
• Sustainable feedstock sourcing
• Renewable diesel expansion
• SAF development
• Strategic partnerships

Key companies include:

• Neste Oyj
• POET LLC
• Archer Daniels Midland Company
• Eni S.p.A.
• Raizen S.A.
• TotalEnergies SE
• BP Bunge Bioenergia
• Chevron Renewable Energy Group
• Valero Energy Corporation
• Verbio SE

Key Industry Developments

• In July 2026, POET expanded its Indiana bioprocessing facility to increase ethanol production capacity.
• In June 2026, Neste upgraded its Porvoo refinery to improve HVO and SAF production capabilities.
• In February 2026, Verbio reported record biodiesel and bioethanol production levels.
• In May 2025, Raizen partnered with SAFPAC to develop Alcohol-to-Jet SAF production.
• In January 2025, Eni launched its first SAF production facility at the Gela refinery in Italy.

Report Coverage

The transportation biofuels market report provides detailed analysis of market size, forecast, segmentation, regional outlook, competitive landscape, technological developments, product launches, partnerships, mergers, and acquisitions.

The report covers market drivers, restraints, opportunities, challenges, and strategies adopted by leading biofuel companies.

Conclusion

The global transportation biofuels market is projected to grow from USD 152.22 billion in 2025 to USD 313.28 billion by 2034, driven by increasing decarbonization efforts, renewable fuel mandates, sustainable aviation fuel adoption, and advanced biofuel technology development.

North America remains the leading market due to strong policy support and established biofuel production, while Asia Pacific is expected to experience significant growth due to rising energy demand and renewable fuel investments.

Although feedstock availability, production costs, and policy uncertainty remain challenges, growing demand for low-carbon transportation fuels and sustainable energy solutions will create strong growth opportunities for the transportation biofuels industry through 2034.

Segmentation By Fuel Type, Feedstock, Generation, End User, and Region

By Fuel Type

• Bioethanol
• Biodiesel / FAME
• Renewable Diesel / HVO
• Sustainable Aviation Fuel
• Others

By Feedstock

• Maize / Corn
• Sugarcane & Sugar Crops
• Vegetable Oils
• Used Cooking Oil
• Tallow & Waste Oils
• Others

By Generation

• First-generation Biofuels
• Second-generation / Advanced Biofuels
• Third-generation Biofuels
• Others

By End User

• Passenger Vehicles
• Commercial Vehicles
• Heavy-duty Trucks & Buses
• Aviation Operators
• Others

By Region

• North America (By Fuel Type, Feedstock, Generation, End User, and Country)
  • U.S. (By End User)
  • Canada (By End User)
• Europe (By Fuel Type, Feedstock, Generation, End User, and Country)
  • Germany (By End User)
  • U.K. (By End User)
  • France (By End User)
  • Netherlands (By End User)
  • Spain (By End User)
  • Rest of Europe (By End User)
• Asia Pacific (By Fuel Type, Feedstock, Generation, End User, and Country)
  • China (By End User)
  • India (By End User)
  • Indonesia (By End User)
  • Thailand (By End User)
  • Australia (By End User)
  • Rest of Asia Pacific (By End User)
• Latin America (By Fuel Type, Feedstock, Generation, End User, and Country)
  • Brazil (By End User)
  • Mexico (By End User)
  • Rest of Latin America (By End User)
• Middle East & Africa (By Fuel Type, Feedstock, Generation, End User, and Country)
  • GCC (By End User)
  • South Africa (By End User)
  • Rest of Middle East & Africa (By End User)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions & Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Challenges

4. Key Insights

• 4.1. Key Emerging Trends - For Major Countries
• 4.2. Latest Technological Advancement
• 4.3. Insight on Regulatory Landscape
• 4.4. Porter's Five Forces Analysis
• 4.5. Impact of Tariffs on the Global Transportation Biofuels Market

5. Global Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 5.1. Key Findings
• 5.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 5.2.1. Bioethanol
  • 5.2.2. Biodiesel / FAME
  • 5.2.3. Renewable Diesel / HVO
  • 5.2.4. Sustainable Aviation Fuel
  • 5.2.5. Others
• 5.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 5.3.1. Maize / Corn
  • 5.3.2. Sugarcane & Sugar Crops
  • 5.3.3. Vegetable Oils
  • 5.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 5.3.5. Others
• 5.4. Market Analysis, Insights, and Forecast - By Generation
  • 5.4.1. First-generation Biofuels
  • 5.4.2. Second-generation / Advanced Biofuels
  • 5.4.3. Third-generation Biofuels
  • 5.4.4. Others
• 5.5. Market Analysis, Insights, and Forecast - By End User
  • 5.5.1. Passenger Vehicles
  • 5.5.2. Commercial Vehicles
  • 5.5.3. Heavy-duty Trucks & Buses
  • 5.5.4. Aviation Operators
  • 5.5.5. Others
• 5.6. Market Analysis, Insights, and Forecast - By Region
  • 5.6.1. North America
  • 5.6.2. Europe
  • 5.6.3. Asia Pacific
  • 5.6.4. Latin America
  • 5.6.5. Middle East & Africa

6. North America Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 6.1. Key Findings
• 6.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 6.2.1. Bioethanol
  • 6.2.2. Biodiesel / FAME
  • 6.2.3. Renewable Diesel / HVO
  • 6.2.4. Sustainable Aviation Fuel
  • 6.2.5. Others
• 6.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 6.3.1. Maize / Corn
  • 6.3.2. Sugarcane & Sugar Crops
  • 6.3.3. Vegetable Oils
  • 6.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 6.3.5. Others
• 6.4. Market Analysis, Insights, and Forecast - By Generation
  • 6.4.1. First-generation Biofuels
  • 6.4.2. Second-generation / Advanced Biofuels
  • 6.4.3. Third-generation Biofuels
  • 6.4.4. Others
• 6.5. Market Analysis, Insights, and Forecast - By End User
  • 6.5.1. Passenger Vehicles
  • 6.5.2. Commercial Vehicles
  • 6.5.3. Heavy-duty Trucks & Buses
  • 6.5.4. Aviation Operators
  • 6.5.5. Others
• 6.6. Market Analysis, Insights, and Forecast - By Country
  • 6.6.1. U.S. Market Analysis, Insights, and Forecast - By End User
    • 6.6.1.1. Passenger Vehicles
    • 6.6.1.2. Commercial Vehicles
    • 6.6.1.3. Heavy-duty Trucks & Buses
    • 6.6.1.4. Aviation Operators
    • 6.6.1.5. Others
  • 6.6.2. Canada Market Analysis, Insights, and Forecast - By End User
    • 6.6.2.1. Passenger Vehicles
    • 6.6.2.2. Commercial Vehicles
    • 6.6.2.3. Heavy-duty Trucks & Buses
    • 6.6.2.4. Aviation Operators
    • 6.6.2.5. Others

7. Europe Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 7.1. Key Findings
• 7.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 7.2.1. Bioethanol
  • 7.2.2. Biodiesel / FAME
  • 7.2.3. Renewable Diesel / HVO
  • 7.2.4. Sustainable Aviation Fuel
  • 7.2.5. Others
• 7.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 7.3.1. Maize / Corn
  • 7.3.2. Sugarcane & Sugar Crops
  • 7.3.3. Vegetable Oils
  • 7.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 7.3.5. Others
• 7.4. Market Analysis, Insights, and Forecast - By Generation
  • 7.4.1. First-generation Biofuels
  • 7.4.2. Second-generation / Advanced Biofuels
  • 7.4.3. Third-generation Biofuels
  • 7.4.4. Others
• 7.5. Market Analysis, Insights, and Forecast - By End User
  • 7.5.1. Passenger Vehicles
  • 7.5.2. Commercial Vehicles
  • 7.5.3. Heavy-duty Trucks & Buses
  • 7.5.4. Aviation Operators
  • 7.5.5. Others
• 7.6. Market Analysis, Insights, and Forecast - By Country
  • 7.6.1. Germany Market Analysis, Insights, and Forecast - By End User
    • 7.6.1.1. Passenger Vehicles
    • 7.6.1.2. Commercial Vehicles
    • 7.6.1.3. Heavy-duty Trucks & Buses
    • 7.6.1.4. Aviation Operators
    • 7.6.1.5. Others
  • 7.6.2. U.K. Market Analysis, Insights, and Forecast - By End User
    • 7.6.2.1. Passenger Vehicles
    • 7.6.2.2. Commercial Vehicles
    • 7.6.2.3. Heavy-duty Trucks & Buses
    • 7.6.2.4. Aviation Operators
    • 7.6.2.5. Others
  • 7.6.3. France Market Analysis, Insights, and Forecast - By End User
    • 7.6.3.1. Passenger Vehicles
    • 7.6.3.2. Commercial Vehicles
    • 7.6.3.3. Heavy-duty Trucks & Buses
    • 7.6.3.4. Aviation Operators
    • 7.6.3.5. Others
  • 7.6.4. Netherlands Market Analysis, Insights, and Forecast - By End User
    • 7.6.4.1. Passenger Vehicles
    • 7.6.4.2. Commercial Vehicles
    • 7.6.4.3. Heavy-duty Trucks & Buses
    • 7.6.4.4. Aviation Operators
    • 7.6.4.5. Others
  • 7.6.5. Spain Market Analysis, Insights, and Forecast - By End User
    • 7.6.5.1. Passenger Vehicles
    • 7.6.5.2. Commercial Vehicles
    • 7.6.5.3. Heavy-duty Trucks & Buses
    • 7.6.5.4. Aviation Operators
    • 7.6.5.5. Others
  • 7.6.6. Rest of Europe Market Analysis, Insights, and Forecast - By End User
    • 7.6.6.1. Passenger Vehicles
    • 7.6.6.2. Commercial Vehicles
    • 7.6.6.3. Heavy-duty Trucks & Buses
    • 7.6.6.4. Aviation Operators
    • 7.6.6.5. Others

8. Asia Pacific Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 8.1. Key Findings
• 8.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 8.2.1. Bioethanol
  • 8.2.2. Biodiesel / FAME
  • 8.2.3. Renewable Diesel / HVO
  • 8.2.4. Sustainable Aviation Fuel
  • 8.2.5. Others
• 8.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 8.3.1. Maize / Corn
  • 8.3.2. Sugarcane & Sugar Crops
  • 8.3.3. Vegetable Oils
  • 8.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 8.3.5. Others
• 8.4. Market Analysis, Insights, and Forecast - By Generation
  • 8.4.1. First-generation Biofuels
  • 8.4.2. Second-generation / Advanced Biofuels
  • 8.4.3. Third-generation Biofuels
  • 8.4.4. Others
• 8.5. Market Analysis, Insights, and Forecast - By End User
  • 8.5.1. Passenger Vehicles
  • 8.5.2. Commercial Vehicles
  • 8.5.3. Heavy-duty Trucks & Buses
  • 8.5.4. Aviation Operators
  • 8.5.5. Others
• 8.6. Market Analysis, Insights, and Forecast - By Country
  • 8.6.1. China Market Analysis, Insights, and Forecast - By End User
    • 8.6.1.1. Passenger Vehicles
    • 8.6.1.2. Commercial Vehicles
    • 8.6.1.3. Heavy-duty Trucks & Buses
    • 8.6.1.4. Aviation Operators
    • 8.6.1.5. Others
  • 8.6.2. India Market Analysis, Insights, and Forecast - By End User
    • 8.6.2.1. Passenger Vehicles
    • 8.6.2.2. Commercial Vehicles
    • 8.6.2.3. Heavy-duty Trucks & Buses
    • 8.6.2.4. Aviation Operators
    • 8.6.2.5. Others
  • 8.6.3. Indonesia Market Analysis, Insights, and Forecast - By End User
    • 8.6.3.1. Passenger Vehicles
    • 8.6.3.2. Commercial Vehicles
    • 8.6.3.3. Heavy-duty Trucks & Buses
    • 8.6.3.4. Aviation Operators
    • 8.6.3.5. Others
  • 8.6.4. Thailand Market Analysis, Insights, and Forecast - By End User
    • 8.6.4.1. Passenger Vehicles
    • 8.6.4.2. Commercial Vehicles
    • 8.6.4.3. Heavy-duty Trucks & Buses
    • 8.6.4.4. Aviation Operators
    • 8.6.4.5. Others
  • 8.6.5. Australia Market Analysis, Insights, and Forecast - By End User
    • 8.6.5.1. Passenger Vehicles
    • 8.6.5.2. Commercial Vehicles
    • 8.6.5.3. Heavy-duty Trucks & Buses
    • 8.6.5.4. Aviation Operators
    • 8.6.5.5. Others
  • 8.6.6. Rest of Asia Pacific Market Analysis, Insights, and Forecast - By End User
    • 8.6.6.1. Passenger Vehicles
    • 8.6.6.2. Commercial Vehicles
    • 8.6.6.3. Heavy-duty Trucks & Buses
    • 8.6.6.4. Aviation Operators
    • 8.6.6.5. Others

9. Latin America Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 9.1. Key Findings
• 9.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 9.2.1. Bioethanol
  • 9.2.2. Biodiesel / FAME
  • 9.2.3. Renewable Diesel / HVO
  • 9.2.4. Sustainable Aviation Fuel
  • 9.2.5. Others
• 9.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 9.3.1. Maize / Corn
  • 9.3.2. Sugarcane & Sugar Crops
  • 9.3.3. Vegetable Oils
  • 9.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 9.3.5. Others
• 9.4. Market Analysis, Insights, and Forecast - By Generation
  • 9.4.1. First-generation Biofuels
  • 9.4.2. Second-generation / Advanced Biofuels
  • 9.4.3. Third-generation Biofuels
  • 9.4.4. Others
• 9.5. Market Analysis, Insights, and Forecast - By End User
  • 9.5.1. Passenger Vehicles
  • 9.5.2. Commercial Vehicles
  • 9.5.3. Heavy-duty Trucks & Buses
  • 9.5.4. Aviation Operators
  • 9.5.5. Others
• 9.6. Market Analysis, Insights, and Forecast - By Country
  • 9.6.1. Brazil Market Analysis, Insights, and Forecast - By End User
    • 9.6.1.1. Passenger Vehicles
    • 9.6.1.2. Commercial Vehicles
    • 9.6.1.3. Heavy-duty Trucks & Buses
    • 9.6.1.4. Aviation Operators
    • 9.6.1.5. Others
  • 9.6.2. Mexico Market Analysis, Insights, and Forecast - By End User
    • 9.6.2.1. Passenger Vehicles
    • 9.6.2.2. Commercial Vehicles
    • 9.6.2.3. Heavy-duty Trucks & Buses
    • 9.6.2.4. Aviation Operators
    • 9.6.2.5. Others
  • 9.6.3. Rest of Latin America Market Analysis, Insights, and Forecast - By End User
    • 9.6.3.1. Passenger Vehicles
    • 9.6.3.2. Commercial Vehicles
    • 9.6.3.3. Heavy-duty Trucks & Buses
    • 9.6.3.4. Aviation Operators
    • 9.6.3.5. Others

10. Middle East & Africa Transportation Biofuels Market (USD Billion) Analysis, Insights, and Forecast, 2021-2034

• 10.1. Key Findings
• 10.2. Market Analysis, Insights, and Forecast - By Fuel Type
  • 10.2.1. Bioethanol
  • 10.2.2. Biodiesel / FAME
  • 10.2.3. Renewable Diesel / HVO
  • 10.2.4. Sustainable Aviation Fuel
  • 10.2.5. Others
• 10.3. Market Analysis, Insights, and Forecast - By Feedstock
  • 10.3.1. Maize / Corn
  • 10.3.2. Sugarcane & Sugar Crops
  • 10.3.3. Vegetable Oils
  • 10.3.4. Used Cooking Oil, Tallow & Waste Oils
  • 10.3.5. Others
• 10.4. Market Analysis, Insights, and Forecast - By Generation
  • 10.4.1. First-generation Biofuels
  • 10.4.2. Second-generation / Advanced Biofuels
  • 10.4.3. Third-generation Biofuels
  • 10.4.4. Others
• 10.5. Market Analysis, Insights, and Forecast - By End User
  • 10.5.1. Passenger Vehicles
  • 10.5.2. Commercial Vehicles
  • 10.5.3. Heavy-duty Trucks & Buses
  • 10.5.4. Aviation Operators
  • 10.5.5. Others
• 10.6. Market Analysis, Insights, and Forecast - By Country
  • 10.6.1. GCC Market Analysis, Insights, and Forecast - By End User
    • 10.6.1.1. Passenger Vehicles
    • 10.6.1.2. Commercial Vehicles
    • 10.6.1.3. Heavy-duty Trucks & Buses
    • 10.6.1.4. Aviation Operators
    • 10.6.1.5. Others
  • 10.6.2. South Africa Market Analysis, Insights, and Forecast - By End User
    • 10.6.2.1. Passenger Vehicles
    • 10.6.2.2. Commercial Vehicles
    • 10.6.2.3. Heavy-duty Trucks & Buses
    • 10.6.2.4. Aviation Operators
    • 10.6.2.5. Others
  • 10.6.3. Rest of Middle East & Africa Market Analysis, Insights, and Forecast - By End User
    • 10.6.3.1. Passenger Vehicles
    • 10.6.3.2. Commercial Vehicles
    • 10.6.3.3. Heavy-duty Trucks & Buses
    • 10.6.3.4. Aviation Operators
    • 10.6.3.5. Others

11. Competitive Analysis

• 11.1. Company Market Share Analysis, 2025
• 11.2. Company Profile
  • 11.2.1. Neste Oyj
    • 11.2.1.1. Business Overview
    • 11.2.1.2. Product and Service Offerings
    • 11.2.1.3. Recent Developments
    • 11.2.1.4. Financials (Based on Availability)
  • 11.2.2. POET, LLC
  • 11.2.3. Archer Daniels Midland (ADM)
  • 11.2.4. Valero Energy Corporation
  • 11.2.5. Raizen S.A.
  • 11.2.6. BP Bunge Bioenergia
  • 11.2.7. Chevron Renewable Energy Group (REG)
  • 11.2.8. Verbio SE
  • 11.2.9. Eni S.p.A.
  • 11.2.10. TotalEnergies SE