Overview of global biofuel markets forecast for the year ahead

Aida Gonzalez Palomino, chief analyst at SGS INSPIRE, looks at the global biofuel markets for the year ahead.
The global biofuels market is expected to grow and diversify in 2025 thanks to efforts to reduce carbon emissions and build more sustainable energy systems. However, the growth will be uneven depending on regional policies, infrastructure and economic factors.
The European Union, the US, Asia Pacific and Latin America, especially Brazil, will likely see biofuel uptake.
This is due to their advanced biofuel markets, supportive policies and subsidies. Moreover, concerns over biofuel fraud will likely lead to enhanced regulatory oversight in the EU this year.
However, in Africa, parts of Asia Pacific and other developing economies, biofuel adoption is increasing more slowly due to limited infrastructure, less policy support and higher costs.
Nevertheless, some countries are making significant strides with dedicated blending programmes.

Asia Pacific

According to SGS INSPIRE, bio-based fuels will continue to be part of efforts to reduce the fuel import bill in Asia Pacific.
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