B5 연료 시장 : 세계 산업 규모, 점유율, 동향, 기회, 예측 - 원료별, 용도별, 지역별, 경쟁(2021-2031년)

The Global B5 Fuel Market is projected to expand from USD 22.91 Billion in 2025 to USD 32.19 Billion by 2031, growing at a CAGR of 5.83%. Defined as a blend consisting of 5% biomass-based diesel and 95% conventional petroleum diesel, B5 fuel is primarily adopted by the transportation and industrial sectors to reduce carbon emissions. Support for the market is largely derived from strict government regulations regarding greenhouse gas emissions and the fuel's seamless compatibility with standard diesel engines, allowing fleet operators to adopt it immediately without mechanical changes. Highlighting this strong regulatory-driven demand, Clean Fuels Alliance America reported in 2025 that the United States biomass-based diesel sector was on course to exceed 5 billion gallons in annual consumption.

Despite this growth, the market faces significant hurdles due to the volatile availability and fluctuating prices of agricultural feedstocks like soybean oil and animal fats. Because production relies on commodities essential to the global food supply, supply chain interruptions or poor harvests can trigger sharp increases in production costs, rendering the fuel less economically competitive than unblended diesel. Consequently, this persistent instability in raw material costs creates uncertainty for producers, acting as a barrier to more aggressive expansion within the global B5 fuel sector.

Market Driver

Government mandates and renewable fuel policies act as the primary engines driving the Global B5 Fuel Market, as regulatory frameworks increasingly enforce minimum biodiesel inclusion rates to meet decarbonization goals. These laws secure a consistent baseline demand for B5 blends by requiring fuel suppliers to incorporate biomass-based diesel, thereby stabilizing market uptake and reducing risks associated with voluntary adoption. The global push toward higher compulsory usage is evident in reports such as the 'Indonesia: Biofuels Annual' from the USDA Foreign Agricultural Service in August 2025, noting Indonesia's mandate increase to 40% (B40), and the 'Brazil: Biofuels Annual' in September 2025, which highlighted Brazil's rise to a 15% (B15) blending requirement.

Simultaneously, the escalating global demand for environmentally friendly energy solutions is accelerating market expansion, with fleet operators seeking fuels that provide immediate greenhouse gas reductions through compatibility with existing engines. This shift toward sustainability is driving manufacturers to scale operations to meet the needs of the transportation and industrial sectors. For instance, the U.S. Energy Information Administration (EIA) reported in June 2025 that total U.S. biofuels production achieved a record 1.39 million barrels per day in 2024, illustrating the substantial manufacturing growth required to satisfy this increasing appetite for cleaner energy alternatives.

Market Challenge

The volatility of feedstock availability and the consequent instability of raw material prices represent the primary obstacles to the Global B5 Fuel Market's growth. Since B5 production depends heavily on agricultural commodities such as soybean oil and animal fats, it is inherently tied to the fluctuations of the global food supply chain, where variables like adverse weather and harvest variations can trigger sudden cost spikes. This unpredictability creates a challenging economic landscape for producers, making it difficult to maintain competitive pricing against conventional petroleum diesel, which typically enjoys more established and consistent supply networks.

The market's high sensitivity to agricultural output is driven by the sheer magnitude of its resource dependency. As reported by Clean Fuels Alliance America, the United States clean fuel production sector consumed over one billion pounds of soybean oil per month in 2024, indicating that even minor increases in commodity prices can drastically escalate operational costs. As a result, manufacturers grapple with uncertain profit margins and financial risks, which discourages the long-term capital investment necessary for aggressive market expansion.

Market Trends

The market is currently experiencing a pivotal shift toward waste-derived and second-generation feedstocks, changing procurement strategies to reduce dependence on food-based agricultural commodities. Major producers are increasingly utilizing used cooking oil (UCO), animal fats, and other residues to benefit from superior greenhouse gas reduction profiles and protection against volatile crop pricing, while also complying with standards that penalize first-generation crop-based fuels. This industry-wide realignment is exemplified by Neste's 'Annual Report 2024' from February 2025, which noted that waste and residue feedstocks constituted an average of 90% of the company's total renewable material inputs for the year.

Concurrently, the market is expanding significantly through the adoption of bio-blends in the maritime and off-highway sectors, where operators are under pressure to decarbonize immediately. Shipping companies and heavy industries are turning to biodiesel blends as a drop-in solution that eliminates the need for engine retrofitting, effectively creating new revenue streams beyond traditional on-road transportation. According to the Maritime and Port Authority of Singapore (MPA) in its January 2025 '2024 Bunker Sales' report, sales of biofuel blends in the Port of Singapore rose to 0.88 million tonnes in 2024, highlighting the rapid uptake of these sustainable alternatives within the maritime industry.

Key Market Players

• Neste Oyj
• POET, LLC.
• ADM (Group) Limited
• Cosan S.A.
• Petroleo Brasileiro SA
• Exxon Mobil Corporation
• Shell plc
• BP p.l.c.
• ECB Group
• Chevron Corporation

Report Scope

In this report, the Global B5 Fuel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

B5 Fuel Market, By Feedstock

• Vegetable Oils {Rapeseed Oil, Palm Oil}
• Animal Fats {Poultry, Tallow}

B5 Fuel Market, By Application

• Industrial Fuels
• Transportation Fuels
• Chemical Industry
• Others

B5 Fuel Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global B5 Fuel Market.

Available Customizations:

Global B5 Fuel Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global B5 Fuel Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Feedstock (Vegetable Oils {Rapeseed Oil, Palm Oil}, Animal Fats {Poultry, Tallow})
  • 5.2.2. By Application (Industrial Fuels, Transportation Fuels, Chemical Industry, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America B5 Fuel Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Feedstock
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States B5 Fuel Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Feedstock
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada B5 Fuel Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Feedstock
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico B5 Fuel Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Feedstock
      • 6.3.3.2.2. By Application

7. Europe B5 Fuel Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Feedstock
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany B5 Fuel Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Feedstock
      • 7.3.1.2.2. By Application
  • 7.3.2. France B5 Fuel Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Feedstock
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom B5 Fuel Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Feedstock
      • 7.3.3.2.2. By Application
  • 7.3.4. Italy B5 Fuel Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Feedstock
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain B5 Fuel Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Feedstock
      • 7.3.5.2.2. By Application

8. Asia Pacific B5 Fuel Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Feedstock
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China B5 Fuel Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Feedstock
      • 8.3.1.2.2. By Application
  • 8.3.2. India B5 Fuel Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Feedstock
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan B5 Fuel Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Feedstock
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea B5 Fuel Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Feedstock
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia B5 Fuel Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Feedstock
      • 8.3.5.2.2. By Application

9. Middle East & Africa B5 Fuel Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Feedstock
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia B5 Fuel Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Feedstock
      • 9.3.1.2.2. By Application
  • 9.3.2. UAE B5 Fuel Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Feedstock
      • 9.3.2.2.2. By Application
  • 9.3.3. South Africa B5 Fuel Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Feedstock
      • 9.3.3.2.2. By Application

10. South America B5 Fuel Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Feedstock
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil B5 Fuel Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Feedstock
      • 10.3.1.2.2. By Application
  • 10.3.2. Colombia B5 Fuel Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Feedstock
      • 10.3.2.2.2. By Application
  • 10.3.3. Argentina B5 Fuel Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Feedstock
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global B5 Fuel Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Neste Oyj
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. POET, LLC.
• 15.3. ADM (Group) Limited
• 15.4. Cosan S.A.
• 15.5. Petroleo Brasileiro SA
• 15.6. Exxon Mobil Corporation
• 15.7. Shell plc
• 15.8. BP p.l.c.
• 15.9. ECB Group
• 15.10. Chevron Corporation

16. Strategic Recommendations

17. About Us & Disclaimer