The Global Biofuels For Transportation Market was valued at USD 105.06 Billion in 2025 and is projected to reach USD 216.34 Billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period (2024–2034). This rapid expansion is fueled by stringent environmental regulations, growing adoption of renewable energy sources, and significant advancements in biofuel production technologies across automotive, aviation, and marine applications.

As nations worldwide accelerate their decarbonization efforts in the transportation sector, the focus intensifies on the key biofuel producers and technology innovators enabling this transition. In this comprehensive analysis, we spotlight the Top 10 Companies in the Biofuels For Transportation Market—a blend of agricultural processors, energy majors, and renewable fuel specialists shaping the future of sustainable mobility.

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🔟 1. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Renewable Diesel, SAF (Sustainable Aviation Fuel)

Neste leads the global renewable fuels market with its proprietary NEXBTL technology capable of processing diverse feedstocks into high-quality drop-in biofuels. The company supplies renewable diesel and SAF to over 30 countries, with production facilities in Finland, Netherlands, and Singapore.

Sustainability Initiatives:

• Capacity expanding to 2.2 million tons/year by 2026
• 90% lifecycle GHG reduction compared to fossil fuels
• Targeting 100% renewable jet fuel by 2040

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9️⃣ 2. Archer Daniels Midland (ADM)

Headquarters: Chicago, Illinois, USA
Key Offering: Bioethanol, Biodiesel, Renewable Diesel

ADM operates one of the largest bioethanol production networks globally with annual capacity exceeding 6 billion gallons. The company’s extensive agricultural supply chain and processing infrastructure enable efficient corn-to-ethanol conversion while expanding into advanced biofuels.

Sustainability Initiatives:

• Investing $550 million in renewable diesel facility
• Partnership with Marathon Petroleum for soybean oil-based biofuels
• Reduced ethanol production carbon intensity by 30% since 2000

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8️⃣ 3. Cargill

Headquarters: Wayzata, Minnesota, USA
Key Offering: Biodiesel, Renewable Diesel Feedstocks

Cargill leverages its global agricultural commodities network to supply vegetable oils and animal fats for biofuel production. The company operates biodiesel plants in North America and Europe while expanding into next-generation feedstocks.

Sustainability Initiatives:

• 60% reduction in biodiesel production emissions since 2017
• Investing in regenerative agriculture for biofuel feedstocks
• Developing algae-based biofuel pilot projects

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7️⃣ 4. POET LLC

Headquarters: Sioux Falls, South Dakota, USA
Key Offering: Bioethanol, Corn Oil Biodiesel

POET operates 33 bioethanol plants across the U.S. Midwest with annual production exceeding 3 billion gallons. The company has pioneered process innovations that simultaneously boost yields while reducing water and energy consumption.

Sustainability Initiatives:

• 40% energy reduction in ethanol production since 2008
• Project Liberty cellulosic ethanol plant operational since 2014
• BioCO₂ capture and utilization partnerships

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6️⃣ 5. Raízen

Headquarters: São Paulo, Brazil
Key Offering: Sugarcane Ethanol, Cellulosic Ethanol

Raízen is the world’s largest sugarcane ethanol producer, operating 26 biorefineries in Brazil with 3 billion liters annual capacity. The company commercialized E2G cellulosic ethanol technology that utilizes bagasse feedstock.

Sustainability Initiatives:

• 88% GHG reduction compared to gasoline
• First commercial-scale cellulosic ethanol plant in 2014
• Targeting 1 billion liters of advanced biofuels by 2030

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5️⃣ 6. Renewable Energy Group (Chevron REG)

Headquarters: Ames, Iowa, USA
Key Offering: Biodiesel, Renewable Diesel

REJ operates 12 biorefineries across North America and Europe with 780 million gallons annual production capacity. Chevron’s acquisition has accelerated technology development and feedstock diversification.

Sustainability Initiatives:

• 85% average GHG reduction versus petroleum diesel
• Waste and residue oils account for 60% of feedstocks
• Joint venture with Darling Ingredients for SAF production

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4️⃣ 7. Valero Energy

Headquarters: San Antonio, Texas, USA
Key Offering: Ethanol, Renewable Diesel

Valero operates 14 ethanol plants with 1.8 billion gallons annual capacity alongside its petroleum refineries. The company is converting refineries to co-process renewables while expanding dedicated biofuel production assets.

Sustainability Initiatives:

• 1.2 billion gallon renewable diesel capacity by 2025
• $315 million investment in DGD Port Arthur biorefinery expansion
• Corn oil extraction technology improving ethanol economics

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3️⃣ 8. Marathon Petroleum Corporation

Headquarters: Findlay, Ohio, USA
Key Offering: Renewable Diesel, Ethanol Blending

Marathon has emerged as a major player through its Martinez Renewables joint venture producing 730 million gallons annually of renewable diesel. The company markets ethanol-blended fuels across its retail network.

Sustainability Initiatives:

• Converting traditional refineries to renewable fuels production
• Partnership with ADM for soybean oil feedstock supply
• Investing in ethanol plant efficiency improvements

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2️⃣ 9. Groupe Avril

Headquarters: Paris, France
Key Offering: Diester Biodiesel, Biojet Fuel

The French agribusiness leader produces 3 million tons annually of rapeseed-based biodiesel under the Diester brand. The company is expanding into waste-based feedstocks to meet RED II sustainability criteria.

Sustainability Initiatives:

• 70% GHG reduction versus fossil diesel
• Invested in BioTJet SAF production technology
• Participating in French biofuel tractor trials

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1️⃣ 10. COFCO Biotechnology

Headquarters: Beijing, China
Key Offering: Corn Ethanol, Cellulosic Ethanol

China’s largest bioethanol producer operates multiple million-ton facilities across the country. The company is scaling up second-generation technology to utilize agricultural residues and energy crops.

Sustainability Initiatives:

• Piloting cassava and sorghum ethanol production
• 30% reduction in water usage per liter since 2018
• Developing ethanol-to-jet fuel pathways

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🌍 Outlook: The Biofuels Revolution Gains Momentum

The biofuels for transportation market is experiencing unprecedented transformation as technological advancements, policy support, and sustainability commitments converge. Traditional starch-based ethanol and vegetable oil biodiesel are being complemented by advanced pathways utilizing agricultural residues, municipal waste, and novel feedstocks.

📈 Key Trends Shaping the Market:

• Accelerating SAF adoption with airline commitments and blending mandates
• Co-processing renewables in traditional refineries gaining traction
• Digitalization optimizing biofuel supply chains from farm to fuel
• Circular economy models enhancing sustainability credentials

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The companies profiled above are not just supplying low-carbon fuels today—they’re engineering the renewable solutions that will power transportation’s sustainable future.