FEATURED COMPANIES
- BIOX Corporation
- Bunge Limited
- China Clean Energy Inc.
- Diester Industrie
- INEOS
- Münzer Bioindustrie GmbH
The global biodiesel market exhibited moderate growth during 2015-2020. Looking forward, the publisher expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Biodiesel, or green diesel, is a renewable, clean-burning alternative fuel that is produced through the transesterification of recycled cooking oils and animal fats. The process has two products, methyl esters (biodiesel) and glycerol. Biodiesel has properties similar to that of petroleum diesel, but in comparison, it is more economical, carbon-neutral and non-toxic. It also burns cleaner than fossil fuels and does not produce sulfur as a residue or other harmful chemicals. Owing to these benefits, it finds extensive application across automotive, marine, railway, agriculture and mining industries.
Biodiesel, or green diesel, is a renewable, clean-burning alternative fuel that is produced through the transesterification of recycled cooking oils and animal fats. The process has two products, methyl esters (biodiesel) and glycerol. Biodiesel has properties similar to that of petroleum diesel, but in comparison, it is more economical, carbon-neutral and non-toxic. It also burns cleaner than fossil fuels and does not produce sulfur as a residue or other harmful chemicals. Owing to these benefits, it finds extensive application across automotive, marine, railway, agriculture and mining industries.
Global Biodiesel Industry Drivers:
The increasing global energy demand and the growing need for clean and renewable fuel sources, represent the key factors driving the growth of the market. Furthermore, a thriving automotive industry is another major growth-inducing factor. Increasing environmental-consciousness and consumer awareness regarding the benefits of biodiesel have led to its widespread adoption across the globe. Additionally, the limited availability and surging prices of non-renewable energy sources such as petrol, diesel and Liquified Petroleum Gas (LPG) have favored the utilization of biodiesel. Various technological advancements such as the emergence of third-generation biofuels derived from algae that can produce a diverse and high quantity of biofuel as compared to other feedstocks are further creating a positive outlook for the market. Other factors such as the implementation of favorable government policies to promote its usage for sustainable development, energy conservation and environmental preservation are also projected to impact the market positively in the coming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global biodiesel market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, feedstock, type, production technology, application and distribution channel.Market Breakup by Feedstock:
- Vegetable Oils
- Animal Fats
- Others
Market Breakup by Application:
- Fuel
- Power Generation
- Others
Market Breakup by Type:
- B100
- B20
- B10
- B5
Market Breakup by Production Technology:
- Conventional Alcohol Trans-esterification
- Pyrolysis
- Hydro Heating
Market Breakup by Region:
- Asia Pacific
- North America
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Archer Daniels Midland Company (ADM), Wilmar International Limited, Renewable Energy Group Inc., Cargill Inc., Bunge Limited, Neste Corporation, Louis Dreyfus Company, BIOX Corporation, Münzer Bioindustrie GmbH, Diester Industrie, BTG International Ltd, DuPont, POET, VERBIO, China Clean Energy Inc., CropEnergies AG , INEOS, etc.FEATURED COMPANIES
- BIOX Corporation
- Bunge Limited
- China Clean Energy Inc.
- Diester Industrie
- INEOS
- Münzer Bioindustrie GmbH
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Biodiesel Market
6 Market Breakup by Feedstock
7 Market Breakup by Application
8 Market Breakup by Type
9 Market Breakup by Production Technology
10 Market Breakup by Region
11 SWOT Analysis
13 Porter’s Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
- Archer Daniels Midland Company (ADM)
- Wilmar International Limited
- Renewable Energy Group Inc.
- Cargill Inc.
- Bunge Limited
- Neste Corporation
- Louis Dreyfus Company
- BIOX Corporation
- Münzer Bioindustrie GmbH
- Diester Industrie
- BTG International Ltd
- DuPont
- POET
- VERBIO
- China Clean Energy Inc.
- CropEnergies AG
- INEOS
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