Marine biofuel market by Platform, Fuel Type (Heavy Fuel Oil, Marine Diesel Oil, Liquified Natural Gas, Fatty Acid Methyl Ester, Hydrotreated Vegetable Oil, Ethanol, Methanol, Butanol), Production (Feedstock Type, Feedstock Processing, Fuel Precursor Type, Fuel Precursor Processing), Propulsion (Hybrid, Duel Fuel, Conventional), and Region (North America, Europe, Asia Pacific, and Rest of the World) - Forecast to 2030
The Marine biofuel market is estimated to be USD xx billion in 2024 and is projected to reach USD xx billion by 2030, at a CAGR of xx% from 2024 to 2030. The market is driven by factors such as innovations in Marine biofuel based propulsion systems used in different inland and seafaring vessels across the world.
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COVID-19 has led to several challenges for many industries. The marine industry is no exception to that. The budget allotted to the defense sector has been reduced by several countries due to the COVID-19 pandemic. This puts most research projects on hold. The export of Marine biofuel to several countries in the Middle East, Africa, and Latin America has also been reduced. All these scenarios affect the development of Marine biofuel.
The Europe market is projected to contribute the largest share from 2022 to 2027
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Key Market Players:
Major players in the Marine biofuel market include Archer Daniels Midland (ADM) (US), Chevron Lummus Globa (US), Avril Group (France), Solazyme (US), Emerald Biofuels (US), Neste Corporation (Finland), and UPM (Finland). The report covers various industry trends and new technological innovations in the Marine biofuel market for the period, 2018-2027.
Frequently Asked Questions (FAQ):
What are your views on the growth prospect of the Marine biofuel market?
Response: The Marine biofuel market is expected to grow substantially owing to the technological development in the making of the Marine biofuel using several different feedstocks.
What are the key sustainability strategies adopted by leading players operating in the Marine biofuel market?
Response: Key players have adopted various organic and inorganic strategies to strengthen their position in the Marine biofuel market. Major players in the Marine biofuel market include Archer Daniels Midland (ADM) (US), Chevron Lummus Globa (US), Avril Group (France), Solazyme (US), Emerald Biofuels (US), Neste Corporation (Finland), and UPM (Finland) have adopted various strategies, such as contracts and agreements, to expand their presence in the market further.
What are the new emerging technologies and use cases disrupting the Marine biofuel market?
Response: Some of the major emerging technologies and use cases disrupting the market include the use of algae as a feedstock.
Who are the key players and innovators in the ecosystem of the Marine biofuel market?
Response: Major players in the Marine biofuel market include Archer Daniels Midland (ADM) (US), Chevron Lummus Globa (US), Avril Group (France), Solazyme (US), Emerald Biofuels (US), Neste Corporation (Finland), and UPM (Finland).
Which region is expected to hold the highest market share in the Marine biofuel market?
Response: Marine biofuel market in The Europe region is estimated to account for the largest share of XX% of the market in 2022 and is expected to grow at the highest CAGR of XX% during the forecast period.
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TABLE OF CONTENTS
1 INTRODUCTION
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
1.3.1 MARINE BIOFUEL MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 INCLUSIONS AND EXCLUSIONS
1.5 CURRENCY
1.5.1 USD EXCHANGE RATE
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.3 KEY PRIMARY SOURCES
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 RESEARCH APPROACH AND METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market Size Estimation & Methodology
2.3.1.2 Regional split of Marine biofuelMarket
2.3.2 TOP-DOWN APPROACH
2.4 TRIANGULATION AND VALIDATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 RESEARCH ASSUMPTIONS
2.5.1 ASSUMPTIONS USED IN MARKET SIZING AND FORECAST
2.6 RISKS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
5.3 RANGE/SCENARIOS
5.4 PRICING ANALYSIS
5.4.1 AVERAGE SELLING PRICES OF KEY PLAYERS
5.4.2 AVERAGE SELLING PRICE TREND
5.5 VALUE CHAIN ANALYSIS
5.6 MARKET ECOSYSTEM MAP
5.7 TRENDS/DISRUPTIONS IMPACTING CUSTOMER'S BUSINESS
5.8 PORTER’S FIVE FORCES ANALYSIS
5.8.1 THREATS OF NEW ENTRANTS
5.8.2 THREAT OF SUBSTITUTES
5.8.3 BARGAINING POWERS OF SUPPLIERS
5.8.4 BARGAINING POWERS OF BUYERS
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 TARIFF AND REGULATORY LANDSCAPE
5.1 KEY STAKEHOLDERS AND BUYING CRITERIA
5.10.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.10.2 BUYING CRITERIA
5.11 KEY CONFERENCES & EVENTS (2022-23)
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.3 TECHNOLOGY ANALYSIS
6.4 IMPACT OF MEGATRENDS
6.5 INNOVATIONS & PATENT REGISTRATIONS
7 MARINE BIOFUEL MARKET, BY SHIP TYPE
7.1 INTRODUCTION
7.2 COMMERCIAL
7.2.1 PASSENGER VESSELS
7.2.1.1 Cruises
7.2.1.2 Passenger Ferries
7.2.1.3 Yachts & Motor Boats
7.2.2 CARGO VESSELS
7.2.2.1 Tankers
7.2.2.2 Bulk Carriers
7.2.2.3 Gas Tankers
7.2.2.4 Dry Cargo Vessels
7.2.2.5 Container Vessels
7.2.2.6 Barges & Tug Boats
7.2.3 OTHERS (FISHING BOATS, RESEARCH VESSELS, DREDGERS, RESEARCH SUBMARINES)
7.3 MILITARY
7.2.1 AIRCRAFT CARRIER
7.2.2 AMPHIBIOUS SHIPS
7.2.3 FRIGATES
7.2.4 CORVETTES
7.2.5 DESTROYERS
7.2.6 SUBMARINES (ATTACK SUBMARINES, NUCLEAR SUBMARINES)
8 MARINE BIOFUEL MARKET, BY FUEL TYPE
8.1 INTRODUCTION
8.2 HEAVY FUEL OIL
8.3 MARINE DIESEL OIL
8.4 LIQUIFIED NATURAL GAS
8.5 FATTY ACID METHYL ESTER
8.6 HYDROTREATED VEGETABLE OIL
8.7 ETHANOL
8.8 METHANOL
8.9 BUTANOL
9 MARINE BIOFUEL MARKET, BY PRODUCTION
9.1 INTRODUCTION
9.2 FEEDSTOCK TYPE
9.2.1 OIL CROPS
9.2.2 LIGNOCELLULOSIC BIOMASS
9.2.3 STARCH CROPS
9.2.4 WOOD EXTRACTIVES
9.2.5 ALGAE
9.3 FEEDSTOCK PROCESSING
9.3.1 PRESSING OR EXTRACTION
9.3.2 THERMOCHEMICAL PROCESSING
9.3.3 PRETREATMENT & HYDROLYSIS
9.3.4 GASIFICATION
9.3.5 PYROLYSIS
9.3.6 PULPING
9.3.7 OIL EXTRACTION
9.4 FUEL PRECURSOR TYPE
9.4.1 VEGETABLE OIL
9.4.2 BIO-CRUDE
9.4.3 SUGAR
9.4.4 SYNGAS
9.4.5 TALL OIL
9.4.6 GREEN CRUDE
9.4.7 LIGNIN RESIDUE
9.5 FUEL PRECURSOR PROCESSING
9.5.1 HYDROTREATING & REFINING
9.5.2 CATALYTIC REFINING
9.5.3 FERMENTATION
9.5.4 ESTERIFICAITON
9.5.5 SOLVOLYSIS
9.5.6 CATALYZED UPGRADING
9.5.7 CATALYZED SYNTHESIS
10 MARINE BIOFUEL MARKET, BY PROPULSION
10.1 INTRODUCTION
10.2 HYBRID (ELECTRIC + OTHER FUEL)
10.3 DUAL FUEL (DIESEL + OTHER FUEL)
10.3 CONVENTIONAL
11 REGIONAL ANALYSIS
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 PESTLE ANALYSIS: NORTH AMERICA
11.2.2 CANADA
11.2.3 US
11.3 EUROPE
11.3.1 PESTLE ANALYSIS: EUROPE
11.3.2 GERMANY
11.3.3 DENMARK
11.3.4 NORWAY
11.3.5 UK
11.3.6 RUSSIA
11.3.7 NETHERLANDS
11.3.8 REST OF EUROPE
11.4 ASIA PACIFIC
11.4.1 PESTLE ANALYSIS: ASIA PACIFIC
11.4.2 CHINA
11.4.3 INDIA
11.4.4 JAPAN
11.4.5 SINGAPORE
11.4.6 SOUTH KOREA
11.4.7 MALAYSIA
11.4.8 REST OF ASIA PACIFIC
11.5 REST OF THE WORLD
11.5.1 PESTLE ANALYSIS: REST OF THE WORLD
11.5.2 MIDDLE EAST & AFRICA
11.5.3 LATIN AMERICA
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 RANKING OF LEADING PLAYERS, 2021
12.3 KEY PLAYERS IN MARINE BIOFUEL
12.3.1 WINNING IMPERATIVES, BY KEY PLAYERS
12.4 MARKET SHARE ANALYSIS
12.5 COMPETITIVE EVALUATION QUADRANT
12.5.1 STAR
12.5.2 EMERGING LEADER
12.5.3 PERVASIVE
12.5.4 PARTICIPANT
12.6 MARINE BIOFUEL COMPETITIVE BENCHMARKING (STARTUPS)
12.6.1 PROGRESSIVE COMPANY
12.6.2 RESPONSIVE COMPANY
12.6.3 DYNAMIC COMPANY
12.6.4 STARTING BLOCK
12.7 COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.7.1 STARTUP/SME QUADRANT
12.7.2 DETAILED LIST OF KEY STARTUP/SMES
12.8 COMPETITIVE SCENARIO
12.8.1 NEW PRODUCT LAUNCHES
12.8.2 CONTRACTS, DEALS, AND AGREEMENTS
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business overview, Products/solutions/services offered, Recent developments, MNM view, Key strengths/Right to win, Strategic choice made, and Weaknesses and competitive threats)*
13.2.1 ARCHER DANIELS MIDLAND (ADM)
13.2.2 CHEVRON LUMMUS GLOBA
13.2.3 AVRIL GROUP
13.2.4 SOLAZYME
13.2.5 EMERALD BIOFUELS
13.2.6 NESTE CORPORATION
13.2.7 UPM
13.2.8 SUNPINE
13.2.9 NVERGENT TECH (A HONEYWELL COMPANY)
13.2.10 STEEPER ENERGY
13.2.11 LICELLA
13.2.12 ALTACA ENERGI INC.
13.2.13 RENMATIX
13.2.14 VELOCYS (FORMERLY OXFORD CATALYSTS)
13.2.15 BETARENEWABLES
13.2.16 POET-DSM ADVANCED BIOFUEL
13.2.17 ENERKEM
13.2.18 STENA LINE
13.2.19 PROGRESSION INDUSTRY
13.2.20 AMYRIS
13.2.21 GALP
13.3 OTHER PLAYERS
13.3.1 SUNSHINE BIOFUELS
13.3.2 GEVO
13.3.3 MÆRSK
13.3.4 ENI
13.3.5 EVOLEUM
13.3.6 GOODFUELS MARINE
13.3.7 RENEWABLE ENERGY GROUP
*Details on Business overview, Products/solutions/services offered, Recent developments, MNM view Key strengths/Right to win, Strategic choice made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
14.3 AVAILABLE CUSTOMIZATIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
Growth opportunities and latent adjacency in Marine biofuel market