According to the most recent analysis by Emergen Research, the worldwide biodiesel market size reached USD 32.05 billion in 2021 and is anticipated to grow at a revenue CAGR of 9.9% over the projected period. The primary element fueling the market’s revenue growth is the expanding demand for biodiesel from the automobile sector. The demand for environmentally acceptable fuel substitutes is rising, and biodiesel is currently gaining acceptance. This is due to both the increased global volatility of crude oil prices and the harmful consequences of fossil fuels on the environment.
The study on the Global Biodiesel Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Biodiesel market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Biodiesel industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Biodiesel industry.
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Competitive Outlook: The leading companies operating in the Biodiesel market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Biodiesel Market and Profiled in the Report are:
Ag Processing Inc., The Archer-Daniels-Midland Company (ADM), Bunge Limited, Cargill, Incorporated, FutureFuel Corporation, Manuelita, Rb Fuels, Wilmar International Ltd, Neste Oyj, and Shell plc
Objectives of the Report:
Study of the global Biodiesel market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Biodiesel market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Biodiesel market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Biodiesel market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Production Process Outlook (Revenue, USD Billion; 2019-2030)
- Hydro-Heating
- Alcohol Trans-Esterification
- Pyrolysis
-
Feedstock Outlook (Revenue, USD Billion; 2019-2030)
- Vegetable Oil
- Canola Oil
- Soybean Oil
- Palm Oil
- Corn Oil
- Others
- Animal Fats
- Poultry
- Tallow
- White Grease
- Others
- Used Cooking Oil
- Others
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Fuel
- Automotive
- Marine
- Others
- Power Generation
- Agriculture
- Others
Regional Analysis:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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