세계 자동차용 바이오연료 시장 규모는 2025-2032년의 예측 기간 동안 7.05%의 연평균 복합 성장률(CAGR)로 2024년 462억 6,000만 달러에서 2032년 797억 8,000만 달러로 확대될 것으로 예측됩니다. 정부와 자동차 제조업체들은 온실가스 배출량 감축에 점점 더 많은 노력을 기울이고 있으며, 바이오연료 채택에 유리한 환경이 조성되고 있습니다. 에탄올과 바이오디젤을 중심으로 한 이들 재생 가능 연료는 다양한 자동차 분야에서 보급되고 있습니다. 바이오연료는 또한 농산물 원료 가공 및 혼합 기술의 발전에 힘입어 선진국과 신흥국 시장 모두에서 상업적 타당성과 기존 연료 공급 인프라에 대한 통합성을 높이고 있습니다.
2023년 10월, Be8(그룹 ECB)은 디젤 엔진에 최대 100% 사용할 수 있는 새로운 바이오연료를 출시했습니다. Be8 BeVant는 새로운 주유 인프라나 엔진 교체에 투자하지 않고도 배기가스 배출량을 줄이고자 하는 기업에게 즉각적인 지속가능성/ESG 솔루션을 제공합니다. 이 제품은 현재 세계 시장에서 주류가 되고 있는 그린 디젤(HVO)보다 50% 저렴한 가격으로 판매됩니다.
세계의 자동차용 바이오연료 시장에 대해 조사했으며, 시장 개요와 함께 차량 유형별/원료 유형별/바이오연료 유형별/지역별 동향, 시장 진출 기업 프로파일 등의 정보를 전해드립니다.
Global automotive biofuels market is projected to witness a CAGR of 7.05% during the forecast period 2025-2032, growing from USD 46.26 billion in 2024 to USD 79.78 billion in 2032F, owing to environmental concerns and energy security needs. Governments and automakers are increasingly focusing on reducing greenhouse gas emissions, creating a favorable environment for adopting biofuels. These renewable fuels, primarily ethanol and biodiesel, are gaining traction across various vehicle segments. Biofuels are also supported by advances in agricultural feedstock processing and blending technologies, enhancing their commercial viability and integration within conventional fueling infrastructure across both developed and emerging markets.
In October 2023, Be8 (Group ECB) launched a new biofuel to be used up to 100% in diesel engines. For businesses that wish to cut emissions without investing in new fueling infrastructure or engine replacement, the Be8 BeVant offers an instant Sustainability/ESG solution. The product will be sold for 50% less than what is currently the norm for Green Diesel (HVO) on the global market.
Environmental Regulations and Energy Security to Fuel the Market
Stricter environmental regulations globally are compelling automotive manufacturers and fuel suppliers to explore cleaner alternatives. Biofuels, with their lower carbon footprint, are being prioritized as part of decarbonization strategies. Governments are imposing emission reduction targets, mandating biofuel blending, and providing subsidies to encourage cleaner transportation. These regulatory frameworks, particularly in the EU and North America, are accelerating innovation in biofuel technologies. As emissions norms tighten further, the demand for eco-friendly fuels such as ethanol and biodiesel is expected to grow significantly.
In July 2023, Q8 introduced E10 gasoline in Italy, containing more than 20% renewable components. Additionally, Germany began E20 fuel trials in October 2023, and both Ireland and Italy launched HVO 100 diesel, produced from waste and residual feedstocks. The new biofuels aim to support the EU's climate goals, encourage sustainable energy use, and provide alternatives to traditional fossil fuels, while also utilizing waste materials to create cleaner, greener fuel options for consumers.
Biofuels offer a pathway to enhance energy security by reducing dependence on imported fossil fuels. Countries with limited oil reserves are investing in domestic biofuel production using agricultural residues and waste. This mitigates volatility in global oil markets and boosts rural economies. By promoting homegrown energy alternatives, nations strengthen their energy independence and economic resilience. Rising geopolitical tensions and supply chain disruptions have further highlighted the strategic value of diversified, renewable fuel sources such as biofuels.
Agriculture Integration and Engine Advancements to Shape the Market Dynamics
The biofuels industry is linked to the agricultural sector, creating a dual benefit of fuel and farmer income. Crops such as corn, sugarcane, and soybeans serve as key feedstocks, enabling countries to leverage agricultural outputs for energy needs. Technological advancements in crop yields and feedstock conversion efficiency are making biofuel production more sustainable and cost-effective. The integration of advanced technologies supports rural employment and value-added agriculture, encouraging governments to support biofuel initiatives through investment, research funding, and farmer incentives.
For instance, in March 2024, India's Petroleum & Natural Gas and Housing and Urban Affairs Ministry launched 'ETHANOL 100. This demonstrates the government's dedication to decreasing reliance on imports, preserving foreign currency, and enhancing the agricultural sector. Following the introduction of E20 (20% ethanol blended fuel) in 2023, the number of E20 outlets has risen to 12,000 in less than a year, and now, with the rollout of ETHANOL100 at 183 IndianOil locations.
Modern engines and vehicle designs are increasingly compatible with higher biofuel blends, which has improved adoption rates. Flex-fuel vehicles and advancements in fuel injection systems allow for efficient operation on ethanol or biodiesel mixtures. Automakers are also collaborating with biofuel producers to develop engines tailored for renewable fuels. Technological strides such as renewable fuels, have alleviated earlier concerns regarding engine performance, wear, and warranty issues, positioning biofuels as a practical solution for both new and retrofitted vehicles across diverse geographies.
Passenger Cars Segment Leads in the Global Automotive Biofuels Market
Based on vehicle type, passenger cars dominate the automotive biofuels market due to their sheer volume and compatibility with ethanol-blended fuels. Many regions, especially in North and South America, have well-established infrastructure for E10 and E85 fuels that are widely used in cars. Flex-fuel vehicle adoption continues to grow, enabling seamless switching between gasoline and ethanol. Furthermore, government mandates and subsidies targeting passenger cars, owing to their high fuel consumption and emissions that further drive biofuel usage in this segment. Automakers are aligning engine technologies with higher ethanol tolerance, making biofuels a viable alternative. Additionally, the scalability of biofuel solutions in passenger cars, alongside rising urban populations and vehicle ownership, consolidates this segment's leading role in transitioning to sustainable transportation.
For instance, in June 2023, the United Kingdom introduced a new biofuel specifically designed for classic vehicles for public purchase. This innovative fuel blend aims to reduce emissions while preserving the performance of vintage cars. By offering a sustainable alternative to traditional petrol, the initiative supports environmental goals and classic car enthusiasts alike, promoting greener motoring without compromising heritage vehicle integrity.
North America leads the Global Automotive Biofuels Market
North America leads the global automotive biofuels market due to a combination of abundant feedstock availability, strong government support, advanced technology, and a well-established infrastructure. The region, particularly the United States, benefits from vast agricultural resources such as corn, soybeans, and other biomass materials that serve as primary inputs for bioethanol and biodiesel production. Government policies such as the Renewable Fuel Standard (RFS) mandate the blending of biofuels with traditional fuels, creating a stable and growing demand for renewable automotive fuels. Additionally, North America invests heavily in research and development to improve biofuel production efficiency and develop advanced biofuels derived from non-food feedstocks, such as agricultural residues and algae. Technological advancements in microbial fermentation and enzyme optimization have further enhanced production capabilities. The growth indicators also include the government allowing grants and funding for the development of homegrown biofuels.
For instance, on April 12, 2022, the United States Administration and the USDA announced major initiatives to boost the United States' energy independence through homegrown biofuels. Investments include USD 5.6 million for renewable fuel infrastructure in seven states, USD 700 million to support biofuel producers, and USD 100 million for expanding biofuel access at fueling stations.
Impact of the United States Tariff on the Automotive Biofuels Market
U.S. tariffs on imported biofuels, especially those targeting Brazilian ethanol or Southeast Asian biodiesel, have created ripple effects across the global market. These trade barriers distort pricing, restrict supply chains, and generate uncertainty among producers and blenders. While domestic biofuel producers benefit from reduced foreign competition, international exporters face market access challenges. Retaliatory tariffs from affected countries further complicate trade flows. Overall, such protectionist measures can hinder global market harmonization and innovation, impacting long-term collaboration and pricing stability within the automotive biofuels sector.
Key Players Landscape and Outlook
The global automotive biofuels market is fragmented in nature, as competitors in the automotive biofuels market are focusing on vertical integration and R&D-driven growth to secure their competitive edge. Strategies include establishing long-term feedstock supply chains, investing in advanced bio-refineries, and partnering with agricultural cooperatives for stable input flow. Innovation remains a core priority, with major players developing next-generation biofuels from non-food biomass and algae to overcome feedstock limitations. Strategic alliances with automakers and fuel distributors are also enhancing market access and consumer confidence. Additionally, companies are expanding their global footprint through acquisitions and joint ventures in emerging markets. Regulatory lobbying and certification efforts help maintain compliance while promoting sustainable branding.
For instance, in September 2024, Archer Daniels Midland Company and Syngenta Group signed an MoU to support low-carbon Next-Generation oilseeds and enhanced varieties to work on rising demand for Biofuels and other products. The MoU envisions a collaboration in which ADM and Syngenta would leverage their existing capabilities to accelerate the research, processing, and commercialization of new, low-carbon-intensity oilseeds, such as Camelina.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.