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Biodiesel Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others), By Blend, By Production Technology, By Application, By Region and Competition

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    Report

  • 117 Pages
  • December 2022
  • Region: Global
  • TechSci Research
  • ID: 5709844
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Global Biodiesel Market is Anticipated to Witness Robust Growth in the Forecast Period, 2024-2028 due to the Increasing Demand of the Alternative Fuels Which Reduced Greenhouse Gas Emissions. in 2021 Asia-Pacific Region Produced Around 17.5 Billion Metric Tons of Carbon Dioxide Emissions.

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Global Biodiesel Market is anticipated to witness robust growth in the forecast period, 2024-2028 due to the increasing demand of the alternative fuels which reduced greenhouse gas emissions. In 2021 Asia Pacific region produced around 17.5 billion metric tons of carbon dioxide emissions.

A renewable, clean-burning alternative to diesel, biodiesel can be used in existing diesel engines without the need of any changes. It comprises an expanding range of recycled cooking oil, animal fats, and agricultural feedstock. The market is expected to increase due to the rising demand for biodiesel to replace conventional fossil fuels in power generation and automotive applications. Recycled restaurant grease, fresh and used vegetable oils, and animal fats can all be utilized to make biodiesel.

The rising demand for environmentally friendly fuels that make sure complete combustion and can reduce Greenhouse Gas (GHG) emissions is a key factor driving the market. The high compatibility of biodiesel with the current diesel engines is also driving the demand. The rising population and the consequent growth in the number of vehicles and other industries using biodiesel are also anticipated to boost the demand for biodiesel.

Increasing Awareness about Sustainability

Biodiesel is non-toxic, easy to use, and biodegradable. It is also free of all aromatics and sulfur compounds. It works with most diesel engines and lowers harmful carbon-based emissions while producing fewer greenhouse gases and harmful emissions. Because of the growing concern over greenhouse gas emissions caused by using fossil fuels, the biodiesel industry is expanding. Biodiesel can cut carbon emissions by up to 50% and has a lower cancer-causing and poisonous aromatic carbon percentage than petroleum-based diesel. Waste Cooking oil is being found as a feedstock for biodiesel production, it has become an economic as well as environmental strategy of many nations to reduce the carbon emissions. All these factors are propelling the growth of the overall market.

Environmental Issues and The Depletion of Traditional Energy Reserves

Fossil fuels today provide most of our energy demands. These energy sources are not replenishable and exhaust incredibly quickly. However, because biodiesel is a renewable fuel, it can be utilized in place of traditional energy sources. In response to public demand to cut emissions and replace fossil fuels due to environmental concerns, the largest-ever spectrum of biofuels, including ethanol, biodiesel, bio-methanol, and other green fuels, has been produced. Because of the expanding population and rising demand for cars, conventional fuels are in greater demand. Governments are limiting the use of traditional power and have established limitations for producing dangerous gases, so there are plenty of chances ahead.

Market Segmentation

Global Biodiesel Market is segmented based on Feedstock, Blend, Production Technology and Application. Based on Feedstock, the market is divided into Rapeseed Sunflower, Soybean, Corn, Palm and Others. Based on Blend, the market is fragmented into B100, B20, B10 and B5. Based on Production Technology, the market is fragmented into Pyrolysis, Trans-esterification and Others. Based on Application, the market is divided into Fuel, Power Generation and Others.

Market players

FutureFuel Chemical Company, Algenol LLC, Bangchak Corporation Public Company Limited, Archer Daniels Midland Company, Cargillables, Inc., Green Biologics Ltd., Chemtex Inc, DuPont de Nemours, Inc., and TMO Renewables Ltd are some of the key players operating in the market.

Report Scope:

In this report, Global Biodiesel Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Biodiesel Market, By Feedstock:

  • Rapeseed
  • Sunflower
  • Soybean
  • Corn
  • Palm
  • Others

Biodiesel Market, By Blend:

  • B100
  • B20
  • B10
  • B5

Biodiesel Market, By Production Technology:

  • Pyrolysis
  • Trans-esterification
  • Others

Biodiesel Market, By Application:

  • Fuel
  • Power Generation
  • Others

Biodiesel Market, By Region:

  • Europe
  • France
  • Germany
  • United Kingdom
  • Russia
  • Sweden
  • Denmark
  • Switzerland
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South America
  • Brazil
  • Argentina
  • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Biodiesel Market.

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Table of Contents

1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Biodiesel Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value & Volume
5.2. Market Share & Forecast
5.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
5.2.2. By Blend (B100, B20, B10, B5)
5.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
5.2.4. By Application (Fuel, Power Generation and Others)
5.2.5. By Region (Europe, Asia Pacific, North America, Middle East & Africa)
5.2.6. By Company (2022)
5.3. Market Map
5.3.1. By Feedstock
5.3.2. By Blend
5.3.3. By Production Technology
5.3.4. By Application
5.3.5. By Region
5.4. Pricing Analysis
6. Europe Biodiesel Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
6.2.2. By Blend (B100, B20, B10, B5)
6.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
6.2.4. By Application (Fuel, Power Generation and Others)
6.2.5. By Country
6.3. Pricing Analysis
6.4. Europe: Country Analysis
6.4.1. France Biodiesel Market Outlook
6.4.1.1. Market Size & Forecast
6.4.1.1.1. By Value & Volume
6.4.1.2. Market Share & Forecast
6.4.1.2.1. By Feedstock
6.4.1.2.2. By Blend
6.4.1.2.3. By Production Technology
6.4.1.2.4. By Application
6.4.2. Germany Biodiesel Market Outlook
6.4.2.1. Market Size & Forecast
6.4.2.1.1. By Value & Volume
6.4.2.2. Market Share & Forecast
6.4.2.2.1. By Feedstock
6.4.2.2.2. By Blend
6.4.2.2.3. By Production Technology
6.4.2.2.4. By Application
6.4.3. United Kingdom Biodiesel Market Outlook
6.4.3.1. Market Size & Forecast
6.4.3.1.1. By Value & Volume
6.4.3.2. Market Share & Forecast
6.4.3.2.1. By Feedstock
6.4.3.2.2. By Blend
6.4.3.2.3. By Production Technology
6.4.3.2.4. By Application
6.4.4. Russia Biodiesel Market Outlook
6.4.4.1. Market Size & Forecast
6.4.4.1.1. By Value & Volume
6.4.4.2. Market Share & Forecast
6.4.4.2.1. By Feedstock
6.4.4.2.2. By Blend
6.4.4.2.3. By Production Technology
6.4.4.2.4. By Application
6.4.5. Sweden Biodiesel Market Outlook
6.4.5.1. Market Size & Forecast
6.4.5.1.1. By Value & Volume
6.4.5.2. Market Share & Forecast
6.4.5.2.1. By Feedstock
6.4.5.2.2. By Blend
6.4.5.2.3. By Production Technology
6.4.5.2.4. By Application
6.4.6. Denmark Biodiesel Market Outlook
6.4.6.1. Market Size & Forecast
6.4.6.1.1. By Value & Volume
6.4.6.2. Market Share & Forecast
6.4.6.2.1. By Feedstock
6.4.6.2.2. By Blend
6.4.6.2.3. By Production Technology
6.4.6.2.4. By Application
6.4.7. Switzerland Biodiesel Market Outlook
6.4.7.1. Market Size & Forecast
6.4.7.1.1. By Value & Volume
6.4.7.2. Market Share & Forecast
6.4.7.2.1. By Feedstock
6.4.7.2.2. By Blend
6.4.7.2.3. By Production Technology
6.4.7.2.4. By Application
7. North America Biodiesel Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
7.2.2. By Blend (B100, B20, B10, B5)
7.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
7.2.4. By Application (Fuel, Power Generation and Others)
7.2.5. By Region (Europe, Asia Pacific, North America, Middle East & Africa)
7.2.6. By Country
7.3. Pricing Analysis
7.4. North America: Country Analysis
7.4.1. United States Biodiesel Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Feedstock
7.4.1.2.2. By Blend
7.4.1.2.3. By Production Technology
7.4.1.2.4. By Application
7.4.2. Canada Biodiesel Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value & Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Feedstock
7.4.2.2.2. By Blend
7.4.2.2.3. By Production Technology
7.4.2.2.4. By Application
7.4.3. Mexico Biodiesel Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value & Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Feedstock
7.4.3.2.2. By Blend
7.4.3.2.3. By Production Technology
7.4.3.2.4. By Application
8. Asia-Pacific Biodiesel Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
8.2.2. By Blend (B100, B20, B10, B5)
8.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
8.2.4. By Application (Fuel, Power Generation and Others)
8.2.5. By Country
8.3. Pricing Analysis
8.4. Asia-Pacific: Country Analysis
8.4.1. China Biodiesel Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value & Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Feedstock
8.4.1.2.2. By Blend
8.4.1.2.3. By Production Technology
8.4.1.2.4. By Application
8.4.2. India Biodiesel Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value & Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Feedstock
8.4.2.2.2. By Blend
8.4.2.2.3. By Production Technology
8.4.2.2.4. By Application
8.4.3. Japan Biodiesel Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value & Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Feedstock
8.4.3.2.2. By Blend
8.4.3.2.3. By Production Technology
8.4.3.2.4. By Application
8.4.4. South Korea Biodiesel Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value & Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Feedstock
8.4.4.2.2. By Blend
8.4.4.2.3. By Production Technology
8.4.4.2.4. By Application
8.4.5. Australia Biodiesel Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value & Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Feedstock
8.4.5.2.2. By Blend
8.4.5.2.3. By Production Technology
8.4.5.2.4. By Application
9. Middle East and Africa Biodiesel Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
9.2.2. By Blend (B100, B20, B10, B5)
9.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
9.2.4. By Application (Fuel, Power Generation and Others)
9.2.5. By Country
9.3. Pricing Analysis
9.4. MEA: Country Analysis
9.4.1. Saudi Arabia Biodiesel Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value & Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Feedstock
9.4.1.2.2. By Blend
9.4.1.2.3. By Production Technology
9.4.1.2.4. By Application
9.4.2. UAE Biodiesel Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value & Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Feedstock
9.4.2.2.2. By Blend
9.4.2.2.3. By Production Technology
9.4.2.2.4. By Application
9.4.3. Qatar Biodiesel Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value & Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Feedstock
9.4.3.2.2. By Blend
9.4.3.2.3. By Production Technology
9.4.3.2.4. By Application
10. South America Biodiesel Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value & Volume
10.2. Market Share & Forecast
10.2.1. By Feedstock (Rapeseed/Canola, Sunflower, Soybean, Corn, Palm, Others)
10.2.2. By Blend (B100, B20, B10, B5)
10.2.3. By Production Technology (Pyrolysis, Trans-esterification, Others)
10.2.4. By Application (Fuel, Power Generation and Others)
10.2.5. By Region (Europe, Asia Pacific, North America, Middle East & Africa)
10.2.6. By Country
10.3. Pricing Analysis
10.4. South America: Country Analysis
10.4.1. Brazil Biodiesel Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value & Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Feedstock
10.4.1.2.2. By Blend
10.4.1.2.3. By Production Technology
10.4.1.2.4. By Application
10.4.2. Argentina Biodiesel Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value & Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Feedstock
10.4.2.2.2. By Blend
10.4.2.2.3. By Production Technology
10.4.2.2.4. By Application
10.4.3. Colombia Biodiesel Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value & Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Feedstock
10.4.3.2.2. By Blend
10.4.3.2.3. By Production Technology
10.4.3.2.4. By Application
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
12.1. Mergers & Acquisitions
12.2. Product Developments
12.3. Technological Advancements
13. Global Biodiesel Market: SWOT Analysis
14. Porter’s Five Forces Analysis
14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products
15. Competitive Landscape
15.1. Business Overview
15.2. Company Snapshot
15.3. Products & Services
15.4. Financials (In case of listed companies)
15.5. Recent Developments
15.5.1. FutureFuel Chemical Company
15.5.2. Algenol LLC
15.5.3. Bangchak Corporation Public Company Limited
15.5.4. Archer Daniels Midland Company
15.5.5. Cargillables Inc.
15.5.6. Green Biologics Ltd.
15.5.7. Chemtex Inc
15.5.8. DuPont de Nemours, Inc.
15.5.9. TMO Renewables Ltd
16. Strategic Recommendations

Companies Mentioned

A selection of companies mentioned in this report includes:

  • FutureFuel Chemical Company
  • Algenol LLC
  • Bangchak Corporation Public Company Limited
  • Archer Daniels Midland Company
  • Cargillables Inc.
  • Green Biologics Ltd.
  • Chemtex Inc
  • DuPont de Nemours, Inc.
  • TMO Renewables Ltd