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Liquefied petroleum gas produced from biomaterials has held legal recognition as a green compliance option in the German heating sector. Furthermore, the German government aims to replace fossil-based raw materials with renewable alternatives to the greatest extent possible by 2050. In September 2023, Germany's lower house of parliament successfully passed a bill to phase out oil and gas heating systems, aligning with the nation's goal to achieve climate neutrality by the year 2045.
The Dutch central government supports the development of technologies for producing biomass energy through its Stimulation of Sustainable Energy Production and Climate Transition (SDE++) grant scheme.
The National Energy and Climate Plan (NECP) is Belgium’s main energy and climate policy document that focuses on increasing the use of renewable energy in transportation and electricity generation. The NECP approved the Belgian government’s plans to increase the share of biofuels in the transportation sector from an average of 5.5% in 2017 to 13.9% in 2030 in the NECP for 2021 – 2030.
Europe BioLPG Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Europe bioLPG market attained a volume of 391.05 KMT in 2023.
The market is estimated to grow at a CAGR of 19.8% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 1,879.12 KMT by 2032.
The key drivers of the bioLPG market are the increasing refinery conversions and greenfield biofuels projects, increasing research and development activities, rising environmental consciousness and depletion of natural resources, and growing energy demands.
The key trends guiding the growth of the market include rapid advancements in technology and stringent government measures to achieve decarbonisation goals.
The major regional markets are France, Germany, Italy, Spain, Sweden, the United Kingdom, the Netherlands, and Belgium, among others.
The different applications include industrial, transport, household, HoReCa, offices, and others.
The key players in the market include Neste Oyj, TotalEnergies, Ekobenz Sp.z.o.o, Galp Energia, SGPS, S.A., Compañía Española de Petróleos, S.A. (CEPSA), and ENI Spa, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124