Latin America Biofuels Market By Product Type (Bioethanol and Biodiesel), By Form (Solid (Biocoal, Biochar), Fuel Pellets Liquid (Biodiesel and Bioethanol), and Gaseous (Biogas, Biopropane, and Syngas)), and Region  

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Development and launch of innovative products by the market players enables surge in the Latin America biofuel market demand over the forecast years. For instance, in November 2017, Bajaj Hindustan Ltd. Launched sugar mills for the highest recovery of ethanol. Based on type, the Latin America biofuel market is segmented into biodiesel and bioethanol. Biodiesel segment is expected to dominate the market due to increasing environmental concerns and the need for energy independence. Biodiesel can be produced using various feed stocks and can be used in diesel vehicles without any modification to the engine. Latin America Biofuels market is consolidating as large players complementing each other’s businesses by means of collaborations and acquisitions. For instance, in February 2016, Renewable Energy Group Inc. (Biofuel producer in U.S) has signed an agreement with Sanimax Energy, which is a U.S based company for acquiring its 20 million gallon nameplate capacity biodiesel refinery. In March 2016, Canada-based Company, Edmonton, announced its plans to produce a new kind of biodiesel, commercially, which would be capable of replacing diesel completely at a lower cost than existing renewable fuels. Latin America Biofuels market expanding at significant CAGR over 2022 to 2028 to reach market value of US$ XX Mn by 2021 owing to increase launch of newer products and awareness about biofuels. Based on product type bioethanol accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period .Players focusing on mergers and acquisitions strategies to retain market position in Latin America market


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  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
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  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Latin America Biofuels Market Segmentation

Product Type
  • Bioethanol
  • Biodiesel
Product Form
  • Solid (Biocoal, Biochar)
  • Fuel Pellets Liquid (Biodiesel and Bioethanol)
  • Gaseous (Biogas, Biopropane, and Syngas)
Distribution Channel
  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others
Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
  • Rest of Latin America

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

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  • Aceites Manuelita S.A
  • Abengoa Bioenergy
  • Bajaj Hindustan Ltd.
  • Archer Daniels Midland Company
  • Beckons Industries Ltd.
  • BlueFire Ethanol Fuels Inc.
  • Imperium Renewables, Inc.
  • Renewable Energy Group Inc.
  • Bangchak Petroleum Public Company Ltd.
  • Solazyme Inc.
  • Edmonton
  • Cosan S.A. Industria E Comrcio

Adjacent Markets