Global Biomass-to-Liquid Fuel Market Outlook and Growth Opportunities 2026

Biomass-to-Liquid Fuel refers to liquid fuels produced by converting renewable biological feedstocks into energy-dense, pumpable liquids that can be blended into, or used as substitutes for, petroleum-derived transportation and industrial fuels. The term covers both oxygenated biofuels and hydrocarbon “drop-in” fuels, provided the carbon originates from biomass rather than fossil sources. Typical feedstocks include sugar and starch crops, lignocellulosic materials such as agricultural residues and forestry waste, and lipid resources such as used cooking oil, animal fats, and vegetable oils; in some jurisdictions, biogenic fractions of municipal solid waste are also treated as biomass feedstock when routed to fuel.

Industrial manufacture is implemented through three dominant conversion families. Biochemical conversion produces alcohol fuels by pretreating the biomass (where required), hydrolyzing polymers to fermentable sugars, fermenting to ethanol or other alcohols, and finishing via distillation and dehydration; cellulosic ethanol adds severity-controlled pretreatment and enzymatic hydrolysis ahead of fermentation, with coproduct and residue handling (stillage concentration, solids separation, and on-site energy recovery) integrated into the plant heat and power balance. Lipid-to-liquid conversion produces biodiesel as fatty-acid methyl esters through transesterification and purification, or produces hydrocarbon fuels such as renewable diesel and renewable jet fuel through hydrotreating and isomerization of lipid feedstocks, followed by fractionation to diesel-range and jet-range cuts. Thermochemical conversion routes convert solid biomass to syngas via gasification (with tar/particulate removal and syngas conditioning), then synthesize liquids via Fischer–Tropsch or alcohol synthesis with downstream upgrading and fractionation; related thermochemical pathways include fast pyrolysis or hydrothermal liquefaction to biocrude, which is subsequently hydrotreated and refined into finished fuels.

From a value-chain perspective, Biomass-to-Liquid Fuel sits downstream of biomass collection and preprocessing (sorting, drying, size reduction, and logistics) and upstream of fuel distribution and end-use. The manufacturing cost and scalability are typically dominated by feedstock quality and delivered cost, conversion yield and catalyst or enzyme consumption, hydrogen and utilities intensity for hydroprocessing routes, and the ability to monetize coproducts and integrate energy systems (steam, power, heat recovery) at the plant level.

The global Biomass-to-Liquid Fuel market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.

The North America market for Biomass-to-Liquid Fuel is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

The Europe market for Biomass-to-Liquid Fuel is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

The Asia Pacific market for Biomass-to-Liquid Fuel is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

In China, the Biomass-to-Liquid Fuel market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Major global companies in the Biomass-to-Liquid Fuel market include Verbio, POET, Chevron Renewable Energy, Raizen, ADM, Green Plains, São Martinho, Atvos and EcoCeres, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

This report provides an overview of the global Biomass-to-Liquid Fuel market in terms of sales, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.

The study covers key producers of Biomass-to-Liquid Fuel and sales in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.

The report also presents Biomass-to-Liquid Fuel sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.

In addition, the report analyzes segment data by Type and Application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Biomass-to-Liquid Fuel market size, projected growth trends, production technologies, key applications, and end-use industries.

Verbio

POET

Chevron Renewable Energy

Raizen

ADM

Green Plains

São Martinho

Atvos

EcoCeres

Hebei Longhai Bioenergy

CropEnergies

Neste

Diamond Green Diesel

Eni Enilive

TotalEnergies

Repsol

World Energy

UPM Biofuels

Wilmar

Biodiesel

Bioethanol

Others

Industrial Fuels

Chemical

Transportation Fuels

Others

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Colombia

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global Biomass-to-Liquid Fuel status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions Biomass-to-Liquid Fuel market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Biomass-to-Liquid Fuel significant trends, drivers, influence factors in global and regions.

6. To analyze Biomass-to-Liquid Fuel competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Biomass-to-Liquid Fuel market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Biomass-to-Liquid Fuel and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Biomass-to-Liquid Fuel.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter 1: Provides an overview of the Biomass-to-Liquid Fuel market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2021-2032).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Biomass-to-Liquid Fuel industry.

Chapter 3: Detailed analysis of Biomass-to-Liquid Fuel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales and value of Biomass-to-Liquid Fuel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Biomass-to-Liquid Fuel in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.