2nd Annual Advanced Biofuels Forum

As the world seeks to transition towards more sustainable and eco-friendly energy sources, the biofuels and bioenergy market has been experiencing phenomenal growth. According to recent market reports, the global biofuels market is expected to grow at a CAGR of 5.7% between 2021 and 2026, reaching a value of $218 billion by 2026. Similarly, the global bioenergy market is forecasted to grow at a CAGR of 4.9% during the same period, reaching $1.5 trillion by 2026. To reduce our use of carbon emissions and replacing fossil fuels to preserve our natural resources, it has led to the widespread use of biofuels.