The Global Cellulosic Biofuel Market was valued at USD 34.52 Billion in 2023 and is projected to reach USD 62.18 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 11.2% during the forecast period (2023–2030). This robust growth is being driven by increasing government mandates for renewable fuels, growing demand for low-carbon transportation options, and significant technological advancements in cellulose-to-fuel conversion processes.

As the world accelerates its transition toward sustainable energy systems, the focus intensifies on advanced biofuel producers who are converting agricultural residues, energy crops, and organic waste into clean energy. In this analysis, we profile the Top 10 Companies in the Cellulosic Biofuel Market—a combination of established energy conglomerates and innovative biotechnology firms shaping the future of renewable transportation fuels.

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🔟 1. Archer Daniels Midland Company (ADM)

Headquarters: Chicago, Illinois, USA
Key Offering: Ethanol, Renewable Diesel, Cellulosic Ethanol

ADM is a global leader in agricultural processing and renewable fuels, with extensive operations spanning from feedstock sourcing to advanced biofuel production. The company operates one of the world’s first commercial-scale cellulosic ethanol facilities and continues to expand its advanced biofuel portfolio.

Sustainability Initiatives:

• Investment in next-generation feedstock technologies

• Partnerships with agricultural producers for sustainable biomass supply

• Commitment to reduce greenhouse gas emissions by 25% by 2035

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9️⃣ 2. POET LLC

Headquarters: Sioux Falls, South Dakota, USA
Key Offering: Cellulosic Ethanol, Renewable Fuels

POET operates the world’s largest cellulosic ethanol production facility, Project LIBERTY, with an annual capacity of 20 million gallons. The company has pioneered enzymatic hydrolysis technology for converting corn stover into advanced biofuels.

Sustainability Initiatives:

• Project LIBERTY converts 285,000 tons of biomass annually

• Strategic partnerships with agricultural communities for sustainable biomass collection

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8️⃣ 3. Abengoa Bioenergy

Headquarters: Seville, Spain
Key Offering: Cellulosic Ethanol, Biorefinery Technology

Abengoa developed one of the first commercial cellulosic ethanol plants in the United States. Despite financial restructuring, their technological innovations continue to influence the advanced biofuels industry.

Sustainability Initiatives:

• Advanced enzymatic pretreatment technologies

• Research in thermochemical conversion processes for biomass-to-fuels

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7️⃣ 4. Beta Renewables (M&G Group)

Headquarters: Tortona, Italy
Key Offering: PROESA® Technology Platform, Cellulosic Ethanol Production

Beta Renewables commercialized the PROESA® technology, which enables cost-effective production of cellulosic biofuels from agricultural residues.

Sustainability Initiatives:

• PROESA® technology deployed in multiple commercial plants worldwide

• Partnerships with global energy companies for technology licensing

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6️⃣ 5. GranBio Investimentos S.A.

Headquarters: São Paulo, Brazil
Key Offering: Biofly, Cellulosic Ethanol, Biochemicals

GranBio operates Brazil’s first commercial-scale cellulosic ethanol plant, utilizing sugarcane bagasse and straw as feedstocks.

Sustainability Initiatives:

• First commercial cellulosic ethanol plant in the Southern Hemisphere

• Vertical integration from feedstock to fuel distribution

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5️⃣ 6. INEOS Bio

Headquarters: London, United Kingdom
Key Offering: Bioenergy, Cellulosic Ethanol, Advanced Biofuels

INEOS Bio developed innovative thermochemical and biological processes for converting biomass into advanced biofuels at their Florida facility.

Sustainability Initiatives:

• Gasification and fermentation technology platform

• Partnerships with waste management companies for sustainable feedstock supply

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4️⃣ 7. DuPont Industrial Biosciences

Headquarters: Wilmington, Delaware, USA
Key Offering: Cellulosic Ethanol, Enzymes, Bioprocessing Technology

DuPont pioneered cellulosic ethanol technology through its Nevada, Iowa facility before shifting strategic focus to other renewable platforms.

Sustainability Initiatives:

• Advanced enzyme development for biomass pretreatment

• Technology licensing partnerships with global biofuel producers

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3️⃣ 8. Raízen Energia S.A.

Headquarters: São Paulo, Brazil
Key Offering: Cellulosic Ethanol, Sugar Cane Ethanol, Bioelectricity

Raízen, a joint venture between Cosan and Shell, operates advanced biofuel facilities in Brazil utilizing sugar cane bagasse.

Sustainability Initiatives:

• Integration of first and second-generation ethanol production

• Commitment to expanding cellulosic biofuel capacity through technology partnerships

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2️⃣ 9. Fiberight LLC

Headquarters: Baltimore, Maryland, USA
Key Offering: Cellulosic Sugars, Advanced Biofuels, Waste-to-Energy Solutions

Fiberight specializes in converting municipal solid waste and other cellulosic materials into renewable fuels and biochemicals.

Sustainability Initiatives:

• Municipal solid waste conversion technology platform

• Partnerships with municipalities for sustainable waste-to-fuel operations

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1️⃣ 10. Enerkem Inc.

Headquarters: Montreal, Canada
Key Offering: Biofuels, Renewable Chemicals, Waste-to-Biofuels Technology

Enerkem developed a proprietary thermochemical process for converting non-recyclable waste into biofuels and renewable chemicals.

Sustainability Initiatives:

• First commercial-scale municipal waste-to-biofuels facility in Edmonton

• Expansion projects in Europe and North America for advanced biofuel production

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🌍 Outlook: The Future of Cellulosic Biofuels Is Technology-Driven and Scalable

The cellulosic biofuel market is experiencing a transformation toward commercial viability and large-scale deployment. While first-generation biofuels currently dominate the renewable fuel landscape, the industry is rapidly advancing toward second and third-generation biofuels that offer improved sustainability profiles and reduced environmental impact.

📈 Key Trends Shaping the Market:

• Increasing commercial-scale deployment of cellulosic biofuel facilities globally

• Regulatory support through renewable fuel standards and carbon reduction targets

• Technology innovation in enzymatic hydrolysis, gasification, and fermentation processes

• Strategic partnerships between technology developers, energy companies, and agricultural producers

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The companies profiled above are not only advancing renewable transportation—they’re driving the sustainable energy transition across global markets.

As the global economy transitions toward low-carbon energy systems, cellulosic biofuels represent a critical pathway for decarbonizing heavy transportation sectors including aviation, shipping, and long-haul trucking where electrification remains challenging.

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