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Historical Year
Forecast Year
The United States bioenergy market reached around 12.60 GW in 2023. The market is projected to grow at a CAGR of 7.7% between 2024 and 2032, reaching almost 24.56 GW by 2032.
United States Bioenergy Market Report Summary | Description | Value |
Base Year | GW | 2023 |
Historical Period | GW | 2018-2023 |
Forecast Period | GW | 2024-2032 |
Market Size 2023 | GW | 12.60 |
Market Size 2032 | GW | 24.56 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 7.7% |
CAGR 2024-2032 - Market by Region | Rocky Mountain | 9.1% |
CAGR 2024-2032 - Market by Region | Southwest | 8.5% |
CAGR 2024-2032 - Market by Type | Biogas | 8.4% |
CAGR 2024-2032 - Market by Technology | Gasification | 7.8% |
2023 Market Share by Region | Great Lakes | 14.6% |
In 2022, the production and consumption of biofuels in the United States was 18.7 billion and 17.6 billion gallons, respectively. While ethanol constituted the largest share in production (82%) and consumption (75%) of biofuels, biodiesel and renewable diesel accounted for 17% of production and 18% of consumption, respectively. The United States is investing heavily in the development and commercialisation of other emerging biofuels, such as renewable heating oil, sustainable aviation fuel, renewable gasoline, and renewable naphtha, which is expected to drive the market growth over the forecast period.
Biofuel production and consumption in the United States has grown substantially since the introduction of the California government’s Low Carbon Fuel Standard and the Renewable Fuel Standard Program by the federal government. The United States provides a tax credit of $1.00 per gallon to companies producing/blending biofuels. Washington and Oregon also have separate clean fuel programs, which are expected to accelerate to the adoption of biofuels in the United States, thereby driving market growth.
E-85 is a high-level fuel which comprises ethanol (51%-83%) and gasoline. It has the potential to reduce the United States’ greenhouse gas emissions substantially by accelerating the decarbonisation of the transportation sector. E-85 is suitable for usage in flex fuel vehicles, and its fuelling stations enjoy a widespread network in the Midwest region.
United States Bioenergy Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
CAGR 2024-2032 - Market by | Type |
Biogas | 8.4% |
Solid Biomass | 7.3% |
Renewable Waste | XX% |
Others | XX% |
Market Breakup by Type
CAGR 2024-2032 - Market by | Technology |
Gasification | 7.8% |
Fast Pyrolysis | 6.9% |
Fermentation | XX% |
Others | XX% |
Market Breakup by Technology
CAGR 2024-2032 - Market by | Region |
Rocky Mountain | 9.1% |
Southwest | 8.5% |
Mideast | 6.9% |
Great Lakes | 6.4% |
New England | XX% |
Plains | XX% |
Southeast | XX% |
Far West | XX% |
Market Breakup by Region
Based on region, the market is divided into New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West. Over the forecast period, Rocky Mountain is projected to grow at a CAGR of 9.1% between 2024 and 2032 due to the presence of abundant biomass resources and rapid technological advancements.
2023 Market Share by | Region |
New England | XX% |
Mideast | XX% |
Great Lakes | 14.6% |
Plains | XX% |
Southeast | XX% |
Southwest | XX% |
Rocky Mountain | XX% |
Far West | XX% |
Major market players are expected to bolster their existing capacities for generating bioenergy to accelerate the transition towards clean energy and facilitate the achievement of net zero goals by the government.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Technology |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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 market was valued at nearly 12.60 GW in 2024.
The market is projected to grow at a CAGR of 7.7% between 2025 and 2034.
The market is assessed to witness a healthy growth in the forecast period to reach around 24.56 GW in 2034.
The different technologies for obtaining bioenergy in the market include gasification, fast pyrolysis, and fermentation, among others.
The major types of bioenergy considered in the market report include solid biomass, biogas, and renewable waste, among others.
The major countries covered in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The key market players are TotalEnergies S.A., Fulcrum BioEnergy, Inc., Novonesis, Green Plains Inc., Enviva Inc., EnviTec Biogas AG, Drax Group plc, Ameresco, Inc., Archer Daniels Midland Company, and Babcock & Wilcox Enterprises, Inc., 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
+61-448-061-727
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.
+63-287-899-028, +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
+84-865-399-124
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