The Global Biofuels For Transportation Market was valued at USD 152.33 Billion in 2024 and is projected to reach USD 225.81 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024–2030). This growth is being driven by stringent environmental regulations, increasing adoption of renewable energy mandates, and accelerating investments in advanced biofuel technologies across automotive, aviation, and marine sectors.
As the transportation industry accelerates toward carbon-neutral operations and sustainable mobility, the focus shifts to key biofuel producers and distributors driving innovation, efficiency, and cleaner energy pathways. In this blog, we profile the Top 10 Companies in the Biofuels For Transportation Industry—a diverse mix of energy majors, agricultural processors, and renewable fuel specialists shaping the future of global transportation energy.
🔟 1. Neste Corporation
Headquarters: Espoo, Finland
Key Offering: Neste MY Renewable Diesel, Sustainable Aviation Fuel, Renewable Gasoline
Neste is the world’s leading producer of renewable diesel and sustainable aviation fuel, with a production capacity exceeding 3.3 million tons annually. The company’s proprietary NEXBTL technology enables the production of high-quality drop-in biofuels compatible with existing vehicle engines and fueling infrastructure.
Sustainability Initiatives:
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Target to achieve carbon-neutral production by 2035
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Global SAF production expansion with partnerships across airlines and airports
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Renewable diesel capacity of 1.2 million tons at Rotterdam refinery
Download FREE Sample Report: Biofuels For Transportation Market – View in Detailed Research Report
9️⃣ 2. Archer Daniels Midland Company
Headquarters: Chicago, Illinois, USA
Key Offering: Biodiesel, Renewable Diesel, Ethanol, Sustainable Aviation Fuel
ADM operates one of the most comprehensive biofuel production networks globally, with 18 ethanol plants and multiple biodiesel facilities across North America. The company’s extensive agricultural supply chain provides competitive advantages in feedstock sourcing.
Sustainability Initiatives:
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Carbon capture and storage projects at biofuel production facilities
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Strategic partnerships with refiners and fuel distributors for renewable fuel distribution
8️⃣ 3. Renewable Energy Group, Inc. (REG)
Headquarters: Ames, Iowa, USA
Key Offering: Biodiesel, Renewable Diesel, Renewable Heating Oil
REG operates 13 bio-refineries across the US and Europe with a combined production capacity of 680 million gallons annually. The company specializes in converting waste fats, oils, and greases into high-quality renewable fuels.
Sustainability Initiatives:
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Leadership in bio-based diesel production with extensive distribution network
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Advanced research in feedstock flexibility and process optimization
7️⃣ 4. Poet LLC
Headquarters: Sioux Falls, South Dakota, USA
Key Offering: Bioethanol, Corn Oil, Sustainable Aviation Fuel
POET operates as the world’s largest biofuels producer, with 33 biorefining facilities across 8 states. The company’s focus on agricultural innovation and biofuel technology has positioned it as a key player in North American renewable fuel markets.
Sustainability Initiatives:
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Project Liberty cellulosic ethanol plant with annual capacity of 20 million gallons
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Carbon reduction initiatives across production and distribution operations
Download FREE Sample Report: Biofuels For Transportation Market – View in Detailed Research Report
6️⃣ 5. Valero Energy Corporation
Headquarters: San Antonio, Texas, USA
Key Offering: Renewable Diesel, Ethanol, Biodiesel Blends
Valero operates 14 ethanol plants with annual production capacity exceeding 1.7 billion gallons. The company’s refining expertise and scale provide significant advantages in biofuel production efficiency.
Sustainability Initiatives:
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Diamond Green Diesel joint venture with annual capacity of 1.3 billion gallons
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Renewable diesel production expansion projects in Louisiana and Texas
5️⃣ 6. Green Plains Inc.
Headquarters: Omaha, Nebraska, USA
Key Offering: Ethanol, Corn Oil, High-Protein Feed Ingredients
Green Plains operates 11 biorefineries across the United States with annual ethanol production capacity of 1.1 billion gallons.
Sustainability Initiatives:
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Ultra-high protein technology development for value-added co-products
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Strategic pivot toward higher-value renewable ingredients and sustainable fuels
4️⃣ 7. Darling Ingredients Inc.
Headquarters: Irving, Texas, USA
Key Offering: Renewable Diesel, Biodiesel, Sustainable Aviation Fuel
Darling Ingredients operates through its Diamond Green Diesel joint venture with Valero, processing rendered animal fats, used cooking oil, and inedible corn oil into renewable diesel and SAF.
Sustainability Initiatives:
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Feedstock aggregation through extensive rendering and collection infrastructure
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Global renewable fuel production expansion with focus on circular economy principles
3️⃣ 8. Pacific Ethanol, Inc. (Now Aemetis, Inc.)
Headquarters: Cupertino, California, USA
Key Offering: Ethanol, Distillers Grains, Corn Oil
Pacific Ethanol operates biorefineries on the West Coast, producing low-carbon ethanol and other renewable products.
Sustainability Initiatives:
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Carbon capture and sequestration projects at ethanol production facilities
2️⃣ 9. Scandinavian Biogas Fuels International
Headquarters: Stockholm, Sweden
Key Offering: Biogas, Renewable Natural Gas, Bio-CNG for Transportation
Scandinavian Biogas is Europe’s leading producer of biogas-based vehicle fuels, operating production facilities in Sweden, Norway, and South Korea.
Sustainability Initiatives:
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Focus on circular economy through organic waste processing and biofuel production
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Strategic partnerships with waste management companies and fuel distributors
1️⃣ 10. BP Biofuels
Headquarters: London, United Kingdom
Key Offering: Bioethanol, Biobutanol, Advanced Biofuels
BP Biofuels has invested over $2 billion in biofuel operations globally, including ethanol production in Brazil and advanced biofuel research in the United States.
Sustainability Initiatives:
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Investment in advanced biofuel technologies including cellulosic ethanol and biobutanol.
Get Full Report Here: Biofuels For Transportation Market – View in Detailed Research Report
🌍 Outlook: The Future of Biofuels For Transportation Is Diversified and Decarbonized
The biofuels for transportation market is undergoing a fundamental transformation. While conventional biofuels still dominate in volume, the industry is rapidly advancing toward next-generation feedstocks, including agricultural residues, municipal solid waste, and algae-based production systems.
📈 Key Trends Shaping the Market:
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Rapid expansion of renewable diesel and SAF production capacity across North America and Europe
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Regulatory mandates including US Renewable Fuel Standard, EU Renewable Energy Directive II, and California’s Low Carbon Fuel Standard
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Increasing focus on waste-to-energy pathways and circular economy models
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Growing adoption of bio-CNG and renewable natural gas for heavy-duty transportation
Get Full Report Here: Biofuels For Transportation Market – View in Detailed Research Report
The companies listed above are not only powering global transportation—they’re driving the clean energy transition across land, sea, and air mobility systems.
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