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Biodiesel Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 117 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5717615
This report titled Biodiesel Market - Growth, Future Prospects, and Competitive Analysis, 2022 - 2030 offers strategic insights into the trends in the biodiesel market along with the market size and forecast for the duration 2022 to 2030. The said research study incorporates in-depth analysis of multiple market segments based on source, application, and geographical distribution.

The global biodiesel market is becoming increasingly competitive with growing number of mergers and collaborations between market players to expand their production capabilities to meet the demand for biodiesel. In addition, several players are also focused on developing their niche in the market. Rapid growth of this market has also resulted in creating further skilled job opportunities in major hubs spread across North America, Europe, Latin America, MEA and Asia Pacific.

Based on source, the global biodiesel market is categorized into soybean oil, corn oil, canola oil, and animal fats. On the basis of application, the global biodiesel market is categorized into power generation, fertilizer and others. In addition, biodiesel manufacturing companies, distributors, and academic organizations form the major client types for the biodiesel market.

Based on the Source, the global biodiesel market is segmented as follows:

  • Soybean Oil
  • Corn Oil
  • Canola Oil
  • Animal Fats
On the basis of source, the global biodiesel market can be segmented into soybean oil, corn oil, canola oil, and animal fats. In 2020, soybean oil accounted for the largest share in global biodiesel market and is projected to maintain their dominance during the forecast period. Strong presence of food manufacturing industries in Europe ensuring the supply of soybean oil as a feedstock for biodiesel which in turn is projected to fuel the growth of the segment during the forecast period. Corn oil is anticipated to be the fastest growing segment among the all sources. Expedient availability of corn oil feedstock during increasing production of corn oil product facilitating the accessibility of corn oil feedstock which in turn is expected to drive the growth of the segment during the forecast period.

Based on the application, the global biodiesel market is segmented as follows:

  • Transportation Fuel
  • Power Generation
  • Others
On the basis of application, the global biodiesel market can be segmented into transportation fuels, power generation and others. In 2020, transportation was observed to be the largest application segment and is projected to maintain their dominance during the forecast period. Growing use of biodiesel as fuel in automobiles, railways marine, mining, etc. coupled with favorable regulatory initiatives taken by governments to promote the production and use of biofuels. Increasing blending of biodiesel in transportation fuels is anticipated to drive the growth of the segment over the forecast period. Power generation segment is anticipated to account for significant share in the global biodiesel market and expected to witness significant growth during the forecast period. Growing inclination to reduce the dependency on fossil fuel is projected to spur the growth of the segment during the forecast period (2022-2030).

On the basis of geography, global biodiesel market can be segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In 2020, Europe accounted for the largest share in global biodiesel and is projected to maintain its dominance during the forecast period. Increasing investment in biodiesel production coupled with growing regulatory support of biodiesel blending in diesel especially in Germany, Greece, Russia, Poland, Czech Republic and Serbia is anticipated to drive the market growth in Europe. Region is anticipated to witness robust growth in the demand for biodiesel during the forecast period. Followed by it, North America stood at second position accounted for significant share in the global biodiesel market in 2020. Increasing production of biodiesel in U.S. coupled with factors such as growing access to foreign biodiesel, the biodiesel tax credit, favorable blending economics and renewable fuels standards. This in turn is anticipated to drive the demand for biodiesel in the country during the forecast period (2022-2030).

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Biodiesel market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Biodiesel market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Source

  • Soybean Oil
  • Corn Oil
  • Canola Oil
  • Animal Fats

Application

  • Transportation Fuel
  • Power Generation
  • Others

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Biodiesel market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Biodiesel market?
  • Which is the largest regional market for Biodiesel market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Biodiesel market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Biodiesel market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Biodiesel Market
2.2. Global Biodiesel Market, By Source, 2021 (US$ Million)
2.3. Global Biodiesel Market, By Application, 2021 (US$ Million)
2.4. Global Biodiesel Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Biodiesel Market: Competitive Analysis
3.1. Market Positioning of Key Biodiesel Market Vendors
3.2. Strategies Adopted by Biodiesel Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Biodiesel Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Biodiesel Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Biodiesel Market: By Source, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Soybean Oil
5.3.2. Corn Oil
5.3.3. Canola Oil
5.3.4. Animal Fats

6. Biodiesel Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Transportation Fuel
6.3.2. Power Generation
6.3.3. Others

7. North America Biodiesel Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Biodiesel Market: By Source, 2020-2030, USD (Million)
7.3. Biodiesel Market: By Application, 2020-2030, USD (Million)
7.4.Biodiesel Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
7.4.1.1.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
7.4.1.2.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
7.4.1.3.1. Biodiesel Market: By Application, 2020-2030, USD (Million)

8. UK and European Union Biodiesel Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.3. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.Biodiesel Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.1.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.2.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.3.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.4.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.5.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
8.4.1.6.1. Biodiesel Market: By Application, 2020-2030, USD (Million)

9. Asia Pacific Biodiesel Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.3. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.Biodiesel Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.1.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.2.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.3.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.4.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.5.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
9.4.1.6.1. Biodiesel Market: By Application, 2020-2030, USD (Million)

10. Latin America Biodiesel Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Biodiesel Market: By Source, 2020-2030, USD (Million)
10.3. Biodiesel Market: By Application, 2020-2030, USD (Million)
10.4.Biodiesel Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
10.4.1.1.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
10.4.1.2.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
10.4.1.3.1. Biodiesel Market: By Application, 2020-2030, USD (Million)

11. Middle East and Africa Biodiesel Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Biodiesel Market: By Source, 2020-2030, USD (Million)
11.3. Biodiesel Market: By Application, 2020-2030, USD (Million)
11.4.Biodiesel Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
11.4.1.1.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
11.4.1.2.1. Biodiesel Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Biodiesel Market: By Source, 2020-2030, USD (Million)
11.4.1.3.1. Biodiesel Market: By Application, 2020-2030, USD (Million)

12. Company Profile
12.1. Archer Daniels Midland Company (ADM)
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Bunge Limited
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. BIOX Corporation
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Cargill Inc
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Louis Dreyfus Company
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Münzer Bioindustrie GmbH
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Neste Corporation
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Renewable Energy Group Inc.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Terravia Holdings Inc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Wilmar International Limited
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Other Notable Players
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives

List of Figures
Figure 1 Global Biodiesel Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Biodiesel Market: Quality Assurance
Figure 5 Global Biodiesel Market, By Source, 2021
Figure 6 Global Biodiesel Market, By Application, 2021
Figure 7 Global Biodiesel Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Biodiesel Market, 2021
Figure 9 Market Positioning of Key Biodiesel Market Players, 2021
Figure 10 Global Biodiesel Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Biodiesel Market, By Source, 2021 Vs 2030, %
Figure 12 Global Biodiesel Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Biodiesel Market (US$ Million), 2020 - 2030
Figure 14 Canada Biodiesel Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Biodiesel Market (US$ Million), 2020 - 2030
Figure 16 UK Biodiesel Market (US$ Million), 2020 - 2030
Figure 17 Germany Biodiesel Market (US$ Million), 2020 - 2030
Figure 18 Spain Biodiesel Market (US$ Million), 2020 - 2030
Figure 19 Italy Biodiesel Market (US$ Million), 2020 - 2030
Figure 20 France Biodiesel Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Biodiesel Market (US$ Million), 2020 - 2030
Figure 22 China Biodiesel Market (US$ Million), 2020 - 2030
Figure 23 Japan Biodiesel Market (US$ Million), 2020 - 2030
Figure 24 India Biodiesel Market (US$ Million), 2020 - 2030
Figure 25 Australia Biodiesel Market (US$ Million), 2020 - 2030
Figure 26 South Korea Biodiesel Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Biodiesel Market (US$ Million), 2020 - 2030
Figure 28 Brazil Biodiesel Market (US$ Million), 2020 - 2030
Figure 29 Mexico Biodiesel Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Biodiesel Market (US$ Million), 2020 - 2030
Figure 31 GCC Biodiesel Market (US$ Million), 2020 - 2030
Figure 32 Africa Biodiesel Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Biodiesel Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Biodiesel Market By Source, 2020-2030, USD (Million)
Table 2 Global Biodiesel Market By Application, 2020-2030, USD (Million)
Table 3 North America Biodiesel Market By Source, 2020-2030, USD (Million)
Table 4 North America Biodiesel Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Biodiesel Market By Source, 2020-2030, USD (Million)
Table 6 U.S. Biodiesel Market By Application, 2020-2030, USD (Million)
Table 7 Canada Biodiesel Market By Source, 2020-2030, USD (Million)
Table 8 Canada Biodiesel Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Biodiesel Market By Source, 2020-2030, USD (Million)
Table 10 Rest of North America Biodiesel Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Biodiesel Market By Source, 2020-2030, USD (Million)
Table 12 UK and European Union Biodiesel Market By Application, 2020-2030, USD (Million)
Table 13 UK Biodiesel Market By Source, 2020-2030, USD (Million)
Table 14 UK Biodiesel Market By Application, 2020-2030, USD (Million)
Table 15 Germany Biodiesel Market By Source, 2020-2030, USD (Million)
Table 16 Germany Biodiesel Market By Application, 2020-2030, USD (Million)
Table 17 Spain Biodiesel Market By Source, 2020-2030, USD (Million)
Table 18 Spain Biodiesel Market By Application, 2020-2030, USD (Million)
Table 19 Italy Biodiesel Market By Source, 2020-2030, USD (Million)
Table 20 Italy Biodiesel Market By Application, 2020-2030, USD (Million)
Table 21 France Biodiesel Market By Source, 2020-2030, USD (Million)
Table 22 France Biodiesel Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Biodiesel Market By Source, 2020-2030, USD (Million)
Table 24 Rest of Europe Biodiesel Market By Application, 2020-2030, USD (Million)
Table 25 Asia Biodiesel Market By Source, 2020-2030, USD (Million)
Table 26 Asia Biodiesel Market By Application, 2020-2030, USD (Million)
Table 27 China Biodiesel Market By Source, 2020-2030, USD (Million)
Table 28 China Biodiesel Market By Application, 2020-2030, USD (Million)
Table 29 Japan Biodiesel Market By Source, 2020-2030, USD (Million)
Table 30 Japan Biodiesel Market By Application, 2020-2030, USD (Million)
Table 31 India Biodiesel Market By Source, 2020-2030, USD (Million)
Table 32 India Biodiesel Market By Application, 2020-2030, USD (Million)
Table 33 Australia Biodiesel Market By Source, 2020-2030, USD (Million)
Table 34 Australia Biodiesel Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Biodiesel Market By Source, 2020-2030, USD (Million)
Table 36 South Korea Biodiesel Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Biodiesel Market By Source, 2020-2030, USD (Million)
Table 38 Latin America Biodiesel Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Biodiesel Market By Source, 2020-2030, USD (Million)
Table 40 Brazil Biodiesel Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Biodiesel Market By Source, 2020-2030, USD (Million)
Table 42 Mexico Biodiesel Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Biodiesel Market By Source, 2020-2030, USD (Million)
Table 44 Rest of Latin America Biodiesel Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Biodiesel Market By Source, 2020-2030, USD (Million)
Table 46 Middle East and Africa Biodiesel Market By Application, 2020-2030, USD (Million)
Table 47 GCC Biodiesel Market By Source, 2020-2030, USD (Million)
Table 48 GCC Biodiesel Market By Application, 2020-2030, USD (Million)
Table 49 Africa Biodiesel Market By Source, 2020-2030, USD (Million)
Table 50 Africa Biodiesel Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Biodiesel Market By Source, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Biodiesel Market By Application, 2020-2030, USD (Million)

Companies Mentioned

  • Archer Daniels Midland Company (ADM)
  • Bunge Limited
  • BIOX Corporation
  • Cargill Inc
  • Louis Dreyfus Company
  • Münzer Bioindustrie GmbH
  • Neste Corporation
  • Renewable Energy Group Inc.
  • Terravia Holdings Inc.
  • Wilmar International Limited .