Global biofuels market size 2020-2030
region expected to see the greatest biofuel market CAGR.
The global biofuels market was valued at nearly 117 billion U.S. dollars in 2022. Despite the drop in 2021, figures are projected to continuously increase until 2030 when the biofuels market is forecast to amount to 201.2 billion U.S. dollars. The Middle East and Africa is the