Europe's market for biofuels and biodiesel is expected to value at 70.7 billion U.S. dollars by 2026. Assuming a compound annual growth rate of 5.18 percent, Europe's biofuel market could exceed 70 billion U.S. dollars by mid 2020s, up from 45.2 billion U.S. dollars in 2017.
Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026*
(in million U.S. dollars)
Characteristic
Market value in million U.S. dollars
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Inkwood Research. (February 27, 2019). Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/759999/europe-biofuel-market-size/
Inkwood Research. "Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars)." Chart. February 27, 2019. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/759999/europe-biofuel-market-size/
Inkwood Research. (2019). Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/759999/europe-biofuel-market-size/
Inkwood Research. "Market Size of Biofuels and Biodiesel in Europe in 2017, with a Forecast for 2026* (in Million U.S. Dollars)." Statista, Statista Inc., 27 Feb 2019, https://www.statista.com/statistics/759999/europe-biofuel-market-size/
Inkwood Research, Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars) Statista, https://www.statista.com/statistics/759999/europe-biofuel-market-size/ (last visited July 22, 2024)
Market size of biofuels and biodiesel in Europe in 2017, with a forecast for 2026* (in million U.S. dollars) [Graph], Inkwood Research, February 27, 2019. [Online]. Available: https://www.statista.com/statistics/759999/europe-biofuel-market-size/