Spain Biofuels Market Size & Outlook, 2024-2030
Global Report
Related Markets
Spain biofuels market highlights
- The Spain biofuels market generated a revenue of USD 1,026.7 million in 2023 and is expected to reach USD 2,296.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
- In terms of segment, solid biofuel was the largest revenue generating form in 2023.
- Liquid Biofuel is the most lucrative form segment registering the fastest growth during the forecast period.
Biofuels market data book summary
| Market revenue in 2023 | USD 1,026.7 million |
| Market revenue in 2030 | USD 2,296.5 million |
| Growth rate | 12.4% (CAGR from 2024 to 2030) |
| Largest segment | Solid biofuel |
| Fastest growing segment | Liquid Biofuel |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solid Biofuel, Liquid Biofuel, Gaseous Biofuel |
| Key market players worldwide | Air Liquide SA, Archer-Daniels Midland Co, Bunge Global SA, Green Plains Inc, Petroleo Brasileiro SA Petrobras ADR, Chevron Corp, International Flavors & Fragrances Inc, Shell PLC, Wilmar International Ltd |
Other key industry trends
- In terms of revenue, Spain accounted for 1.0% of the biofuels market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, France biofuels market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,296.5 million by 2030.
Spain has become a major player in the solar PV and wind power market owing to supportive policies and financial tools provided by the government from 2008 onwards. Infrastructure for biofuel blending and delivery is an important aspect in market dynamics.
For instance, in June 2023, Naturgy, in collaboration with Compost Segrià, Sitra, and Servei de Gestió Ramadera, began processing a new renewable gas plant in Torrefarrera (Lleida), one of the key areas of Spain in terms of agricultural and livestock waste generation.
The factory will cost a total of 18 million euros to build. The facilities, which are slated to be operational in 2025, would treat 140,000 tonnes of agro-industrial and livestock waste from the region per year, generating 60 gigawatt hours (GWh) of renewable gas each year.
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Publish Date: Nov 27, 2025
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Biofuels Market Scope
Biofuels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Chevron Corp | View profile | 45,600 | 6001 Bollinger Canyon Road, San Ramon, CA, United States, 94583-2324 | www.chevron.com |
| Archer-Daniels Midland Co | View profile | 41,802 | 77 West Wacker Drive, Suite 4600, Chicago, IL, United States, 60601 | www.adm.com |
| Wilmar International Ltd | View profile | 100,000 | 28 Biopolis Road, Wilmar International, Singapore, Singapore, 138568 | www.wilmar-international.com |
| International Flavors & Fragrances Inc | View profile | 21,500 | 521 West 57th Street, New York, NY, United States, 10019-2960 | www.iff.com |
| Shell PLC | View profile | 100,000 | Shell Centre, London, United Kingdom, SE1 7NA | www.shell.com |
| Green Plains Inc | View profile | 921 | 1811 Aksarben Drive, Omaha, NE, United States, 68106 | www.gpreinc.com |
| Petroleo Brasileiro SA Petrobras ADR | View profile | 40,213 | Avenida Republica do Chile, 65, Rio de Janeiro, RJ, Brazil, 20031-912 | www.petrobras.com.br |
| Bunge Global SA | View profile | 23,000 | 1391 Timberlake Manor Parkway, Chesterfield, MO, United States, 63017 | www.bunge.com |
| Air Liquide SA | View profile | 67,800 | 75, Quai d'Orsay, Paris, France, 75007 | www.airliquide.com |
Spain Biofuels Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biofuels Market Outlook will help companies and investors design strategic landscapes.
Solid Biofuel was the largest segment with a revenue share of 64.28% in 2023.
Horizon Databook has segmented the Spain biofuels market based on solid biofuel, liquid biofuel, gaseous biofuel covering the revenue growth of each sub-segment from 2018 to 2030.
Spain has become a major player in the solar PV and wind power market owing to supportive policies and financial tools provided by the government from 2008 onwards. Infrastructure for biofuel blending and delivery is an important aspect in market dynamics.
For instance, in June 2023, Naturgy, in collaboration with Compost Segrià, Sitra, and Servei de Gestió Ramadera, began processing a new renewable gas plant in Torrefarrera (Lleida), one of the key areas of Spain in terms of agricultural and livestock waste generation.
The factory will cost a total of 18 million euros to build. The facilities, which are slated to be operational in 2025, would treat 140,000 tonnes of agro-industrial and livestock waste from the region per year, generating 60 gigawatt hours (GWh) of renewable gas each year.
- Spain Biofuels Market Form Outlook (Revenue, USD Million , 2018-2030)
- Solid Biofuel
- Liquid Biofuel
- Gaseous Biofuel
- Spain Biofuels Market Product Outlook (Revenue, USD Million , 2018-2030)
- Biodiesel
- Ethanol
- Wood Pellets
- Other Product
- Spain Biofuels Market Feedstock Outlook (Revenue, USD Million , 2018-2030)
- Corn
- Sugarcane
- Vegetable Oils
- Other Feedstock
- Spain Biofuels Market Application Outlook (Revenue, USD Million , 2018-2030)
- Transportation
- Aviation
- Energy Generation
- Heating
- Other Application
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain Biofuels Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Spain Biofuels Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Spain Biofuels Market, 2018-2030 (US$M)
Spain Form - Biofuels Market Statistics, 2023 - 2030 (US$M)
