What is the India Biofuel Market Size & Growth Rate?
According to 6Wresearch internal database and industry insights,
India Biofuel Market is expected to grow at a CAGR of 7.0% during the forecast period from 2025 to 2031.
The growth is being proliferated by rising global energy demand, increasing focus on reducing carbon emissions, and government mandates supporting renewable fuel blending across the transportation sector. Public-private partnerships and cross-border trade agreements will also influence global supply chains and innovation.
Key Growth Drivers of the Market
- Rising levels of government controls in support of renewable energy.
- Increase in prices of crude oil and energy security.
- Increasing use of bio fuels in air travel and road transport.
- Improvement in technologies of feedstock processing and second-generation biofuels.
- Rural development and employment helping programs to produce biofuels.
- Increasing production capacities in the relevant emerging economies.
India Biofuel Market Trends
India Biofuel Market is projected to be shaped by emerging trends such as the adoption of algae-based and cellulosic biofuels, along with growing interest in sustainable alternatives. Further research and development on enzymatic conversion technologies should enhance increased production efficiency and output. The demand will also be spurred by the drive towards decarbonizing industries such as heavy industries and aviation. Furthermore, the concept of public-private partnerships and international trade conventions will determine the world supply chain and promote innovation.
Major Companies Leading the India Biofuel Market
- POET, LLC
- Renewable Energy Group, Inc. (Chevron)
- Neste Corporation
- Archer Daniels Midland Company (ADM)
- Valero Energy Corporation
- Bunge Limited
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on
sales@6wresearch.com