In California, Coherent Market Insights reported that the global biofuels market is estimated to be valued at $213.68 million in 2022 and is expected to experience a CAGR of 9% during the 2023-2030 period.
The report also highlighted that North America is expected to hold a dominant position over the forecast period due to high demand for biofuels and advanced biofuels, government mandates and support, and robust infrastructure for biofuel production in the region.
Tags: Global Biofuels, Market, Production
Recent Posts
Yara Birkeland Marks Three Years of Pioneering Zero-Emission Maritime Operations
HD Hyundai, Maersk Collaborate on Innovation in Decarbonization and Smart Logistics
First ship to have pioneering sensor installed to measure emissions of particles
Incat Tasmania launches world’s largest battery-electric ship
India to supply 4.12 lakh tonne green hydrogen derivatives to Japan, Singapore
Green hydrogen gets official stamp as India notifies certification scheme
Wärtsilä expands methane slip reduction capabilities by introducing NextDF technology
GS E&C, Amogy, and HD Hyundai Infracore partner with South Korean City Pohang-si