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2024-09-09 04:45:45 -

Biofuels Market Forecast: Projected to Reach USD 189.96 Billion by 2029, Growing at a CAGR of 5% from 2023 to 2029
Biofuels Market is expected to reach USD 189.96 billion by 2029, with a CAGR of 5 % between 2023 and 2029. Biofuels Market Overview: The biofuels market is witnessing significant growth, driven by the increasing global emphasis on sustainable energy sources and the need to reduce greenhouse gas emissions. Biofuels, derived from organic materials such as plants and algae, offer a...

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2025-05-27 13:06:19 -

Biofuels Market Overview and Future Forecast: Insights by Fact MR
The global revenue from the sales of biofuels in 2021 was US$ 140.43 Billion. The industry is likely to expand at a CAGR of 4.8% during 2022 to 2032.Bioethanol is expected to be the highest revenue generating segment, accounting for an absolute dollar opportunity of nearly US$ 53.6 Billion over the next ten years. As per the biofuels industry research by Fact.MR - a market research...

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2025-04-17 05:18:41 -

Biofuels Market Statistics 2025: Major Factors behind Industry Rapid Growth
The global biofuels market is poised for substantial growth between 2025 and 2032, driven by increasing demand for sustainable energy solutions, supportive government policies, and growing environmental awareness. Biofuels—primarily bioethanol and biodiesel—are emerging as viable alternatives to fossil fuels, particularly in the transportation and industrial sectors. As economies...

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