According to the latest market research report “Biodiesel Industry Market Growth, Trends, Size, Share, Players, Product Scope, Regional Demand, COVID-19 Impacts and 2026 Forecast” released by Global Market Monitor, the global Biodiesel market is estimated to exceed $49 billion by 2026.
Biodiesel is produced from vegetable oils or animal fats after conversion into a range of fatty acid methyl or ethyl esters (esterification), a sustainable replacement for fossil diesel that significantly reduces carbon emissions and makes environmental sustainability a commercial proposition.
The growing demand for biodiesel to replace traditional fossil fuels in automotive and power generation applications is expected to drive industry growth.
The biofuel directive issued by governments around the world will promote the development of the industry in order to reduce VOC emissions and reduce dependence on crude oil. The increasing threat of fossil fuel depletion and the need to include renewable energy in the energy mix to achieve sustainable growth will drive the demand for biodiesel. The product has been used in marine, railway and agricultural industries, and will also drive the growth of the biofuel market.
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The Major Players Profiled in This Report Include:
Diester Industries
Neste Oil
ADM
Infinita Renovables
Biopetrol
Cargill
Ital Green Oil
Glencore
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum Corporation
Evergreen Bio Fuels
Type Outlook (Revenue, USD Million; 2014-2026):
Rapeseed Oil Based Feedstock
Soybean Oil Based Feedstock
Waste and Residues Based Feedstock
Other
Application Outlook (Revenue, USD Million; 2014-2026):
Industrial Fuels
Transportation Fuels
Chemical Industry
To Identify the Key Trends in the Industry, Click on the Link Below:
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Biodiesel Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Biodiesel Market by Types
Chapter 4 Segmentation of Biodiesel Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Biodiesel Market in Major Countries
Chapter 7 North America Biodiesel Landscape Analysis
Chapter 8 Europe Biodiesel Landscape Analysis
Chapter 9 Asia Pacific Biodiesel Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Biodiesel Landscape Analysis
Chapter 11 Major Players Profile
11.1 Diester Industries
11.1.1 Diester Industries Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Neste Oil
11.2.1 Neste Oil Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 ADM
11.3.1 ADM Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Key Questions Answered by This Report:
What is the size and CAGR of the Biodiesel Market?
What are the key driving factors of the most profitable regional market?
Which are the leading companies in the global market?
How will the Biodiesel Market advance in the coming years?
What are the main strategies adopted in the global market?
Which region may hit the highest market share in the coming era?
What trends, challenges, and barriers will impact the development and sizing of the Biodiesel Market?
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