SyntecBiofuel Predicts Biofuels Market to Hit $208 B by 2030

By: Zexprwire

Cambridge, UK, 17th July 2025, ZEX PR WIRE,ย SyntecBiofuel, a pioneer in sustainable bioenergy solutions, today released its inaugural 2025โ€“2030 Biofuels Market Forecast Report, projecting the global biofuels industry will nearly double in value over the next five years.

Key Forecast Highlights

  • Global Market Growth: From USDย 99.5โ€ฏbillion in 2023 to USDย 207.9โ€ฏbillion by 2030 at an 11.3% CAGR.

  • Advanced Biofuels Surge: Valued at USDย 136.9โ€ฏbillion in 2024, expected to exceed USDย 965.1โ€ฏbillion by 2030โ€”an extraordinary 38.5% CAGR.

  • Segmentation Trends: Conventional liquid biofuels (ethanol and biodiesel) will remain dominant in transport blending, while โ€œdropโ€‘inโ€ fuels for aviation and marine sectors grow at 8.7% CAGR from USDย 17.2โ€ฏbillion in 2025 to USDย 26.1โ€ฏbillion in 2030.

  • Regional Leaders: North Americaโ€™s market is forecast to climb from USDย 52.3โ€ฏbillion in 2024 to USDย 174.6โ€ฏbillion by 2034; Asia Pacificโ€™s sustainable aviation fuel (SAF) capacity is set to outpace demand in 2025, creating a shortโ€‘term oversupply.

โ€œTodayโ€™s launch of our Biofuels Market Forecast Report underscores SyntecBiofuelโ€™s commitment to dataโ€‘driven insight and innovation,โ€ said Dr. Elena Voss, Chief Technology Officer at SyntecBiofuel. โ€œWith global decarbonization mandates intensifying, weโ€™re seeing unparalleled growth in advanced biofuelsโ€”particularly in aviation and marine applicationsโ€”while conventional segments continue to underpin transport energy needs.โ€

Market Drivers & Challenges

  • Decarbonization Mandates: Stricter blending requirements and carbonโ€‘pricing incentives are accelerating adoption.

  • Technological Advances: Breakthroughs in feedstock conversion and catalytic upgrading are driving down costs and improving yields.

  • Feedstock Constraints: Competition for land and inconsistent waste streams remain critical supplyโ€‘chain challenges.

  • Policy Volatility: Fluctuating incentives and regulatory frameworks can affect investment timelines.

About SyntecBiofuel
SyntecBiofuel is at the forefront of sustainable energy innovation, converting nonโ€‘food biomass, agricultural residues, and waste into highโ€‘performance biofuels. Headquartered in Cambridge, UK, with research centers across Europe and Asia, the company delivers turnkey solutionsโ€”from feedstock sourcing to commercializationโ€”to decarbonize transport, aviation, and marine sectors worldwide.

For more information and to download the full 2025โ€“2030 Biofuels Market Forecast Report, visit https://syntecbiofuel.com/main.php

Media Contact
Jane Harrington
Director of Communications
SyntecBiofuel Ltd.

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