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Global transportation fuel demand is projected to remain relatively stable through 2030. Biofuels currently account for **** percent of total transportation fuel demand, with their share expected to rise to **** percent by the end of the decade. This modest increase belies significant regional variations and emerging trends in the biofuel industry.

Brazil leads in biofuel adoption

Brazil stands out as a global leader in biofuel adoption, with ** percent of its transportation fuel demand met by biofuels in 2023. This share is forecast to reach an impressive ** percent by 2030. Indonesia is poised to join Brazil as the only other country with biofuel shares exceeding ** percent by the end of the decade. While the road sector has traditionally determined biofuel demand growth, the aviation industry is emerging as a significant new driver, thanks to greater use of sustainable aviation fuel (SAF).

The U.S. is the largest biofuel producer

Biofuel production has seen remarkable growth, increasing from * barrels of oil equivalent per day in 2000 to ** in 2023. This expansion underlies policies promoting energy security and reduced greenhouse gas emissions. The United States leads global production, followed by Brazil and Indonesia.