How big is the liquid biofuel market | Suppliers & Company list 2026

Code: MTA8201 Publication Date: Aug 2025

What is the size of Liquid Biofuel Market?

According to 6Wresearch internal database and industry insights, the Global Liquid Biofuel Market was valued at USD 21 Billion in 2025 and is expected to reach USD 30.32 Billion by 2032, growing at a compound annual growth rate of 5.60% during the forecast period of 2026 to 2032.

For detailed forecasts, data tables, and competitive benchmarking,
Explore the full Global Liquid Biofuel Market.

The market is being driven by rising demand for renewable energy, governmental mandates for clean fuels, and technological advancements in biofuel production and feedstock processing.

Key Growth Drivers of the Liquid Biofuel Market

  • Strict policy to support low emissions, and clean fuels
  • Putting more investment in second-generation and sophisticated biofuels
  • Increasing consumption in the road transport and aircraft industries using ethanol and biodiesel
  • The increase in energy security and the prices of crude oil
  • Increasing production of non-food-based biomass and waste materials

Liquid Biofuel Market Trends

Liquid biofuel market is seeing trends such as growing adoption of bioethanol in flexible fuel vehicles and blending mandates. Biodiesel production from used cooking oil and algae-based sources is increasing. There's a significant push toward advanced biofuels for aviation and marine sectors. Lifecycle emission reductions and regional carbon credit initiatives are also influencing market expansion.

Emerging Developments in the Liquid Biofuel Market

Liquid biofuel market is experiencing developments like commercial-scale production of sustainable aviation fuels (SAFs) and renewable diesel. Public-private partnerships are boosting innovation in waste-to-energy conversion. Governments are offering incentives for infrastructure development. Genetic engineering is also enabling high-yield energy crops tailored for biofuel efficiency and carbon neutrality.

List of Leading Companies in the Liquid Biofuel Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. POET LLC

Company NamePOET LLC
Established Year1987
HeadquartersSouth Dakota, USA
Official WebsiteClick Here

POET is a major producer of bioethanol, leveraging advanced bioprocessing technologies to deliver sustainable liquid biofuels across North America and global markets.

2. Archer Daniels Midland Company (ADM)

Company NameArcher Daniels Midland Company (ADM)
Established Year1902
HeadquartersIllinois, USA
Official WebsiteClick Here

ADM plays a critical role in the biofuel industry by converting agricultural feedstocks into ethanol and biodiesel, supporting cleaner energy and sustainable practices.

3. Neste Corporation

Company NameNeste Corporation
Established Year1948
HeadquartersEspoo, Finland
Official WebsiteClick Here

Neste is a global leader in renewable diesel and sustainable aviation fuel, transforming waste and residues into high-performance liquid biofuels for transport sectors.

4. Green Plains Inc.

Company NameGreen Plains Inc.
Established Year2004
HeadquartersNebraska, USA
Official WebsiteClick Here

Green Plains produces low-carbon biofuels and ingredients using advanced fermentation technology, focusing on ethanol, sustainable agriculture, and circular economies.

5. Renewable Energy Group (Chevron Renewable Energy Group)

Company NameRenewable Energy Group (Chevron Renewable Energy Group)
Established Year2006
HeadquartersIowa, USA
Official WebsiteClick Here

Now part of Chevron, REG specializes in biodiesel and renewable diesel, helping decarbonize transportation with cleaner-burning alternatives to traditional fuels.

6. Valero Energy Corporation

Company NameValero Energy Corporation
Established Year1980
HeadquartersTexas, USA
Official WebsiteClick Here

Valero operates one of the largest ethanol production systems in the U.S., contributing significantly to the supply of biofuels through integrated refining infrastructure.

7. Abengoa Bioenergy

Company NameAbengoa Bioenergy
Established Year1994
HeadquartersSeville, Spain
Official WebsiteClick Here

Abengoa focuses on the development of second-generation biofuels, investing in technology to convert biomass into ethanol and reduce reliance on fossil fuels.

8. VERBIO Vereinigte BioEnergie AG

Company NameVERBIO Vereinigte BioEnergie AG
Established Year2006
HeadquartersZörbig, Germany
Official WebsiteClick Here

VERBIO produces biodiesel, bioethanol, and biomethane using agricultural residues, with a strong commitment to innovation and greenhouse gas reduction strategies.

9. Pacific Ethanol, Inc. (Alto Ingredients)

Company NamePacific Ethanol, Inc. (Alto Ingredients)
Established Year2003
HeadquartersCalifornia, USA
Official WebsiteClick Here

Alto Ingredients manufactures low-carbon renewable fuels and specialty alcohols, focusing on bioethanol production aligned with sustainability and emission targets.

10. TotalEnergies SE

Company NameTotalEnergies SE
Established Year1924
HeadquartersCourbevoie, France
Official WebsiteClick Here

TotalEnergies is expanding its biofuel capabilities globally, producing renewable diesel and aviation fuel from waste oils, fats, and other renewable feedstocks.

How big is the liquid biofuel market : FAQs

It was valued at USD 21 Billion in 2025 and is projected to reach USD 30.32 Billion by 2032.
The liquid biofuel market is expected to grow at a CAGR of 5.60% from 2026 to 2032.
Governmental clean fuel mandates, technological innovation, and demand for low-emission transport fuels.
Ethanol, biodiesel, renewable diesel, SAFs, and algae-based or lignocellulosic fuels.
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.
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