Gaseous biofuels have the highest market value worldwide. In 2023, the market value for gaseous biofuels production was estimated at 52.03 billion U.S. dollars. This compared to a market size of 24.71 billion U.S. dollars for solid biofuels production.
More information on the biofuels production market can be found here.
Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form
(in billion U.S. dollars)
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Extrapolate. (April 30, 2024). Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/
Extrapolate. "Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form (in billion U.S. dollars)." Chart. April 30, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/
Extrapolate. (2024). Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/
Extrapolate. "Market Value of Biofuels Production Worldwide from 2021 to 2023, with a Forecast until 2030, by Form (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/
Extrapolate, Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/ (last visited November 22, 2024)
Market value of biofuels production worldwide from 2021 to 2023, with a forecast until 2030, by form (in billion U.S. dollars) [Graph], Extrapolate, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/1465029/global-biofuels-market-size-by-form/