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.
LPI (LP Information)’ newest research report, the “Biodiesel Industry Forecast” looks at past sales and reviews total world Biodiesel sales in 2022, providing a comprehensive analysis by region and market sector of projected Biodiesel sales for 2023 through 2029. With Biodiesel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodiesel industry.
This Insight Report provides a comprehensive analysis of the global Biodiesel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biodiesel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Biodiesel market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodiesel and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biodiesel.
The global Biodiesel market size is projected to grow from US$ 23500 million in 2022 to US$ 26180 million in 2029; it is expected to grow at a CAGR of 26180 from 2023 to 2029.
Global Biodiesel key players include Diester Industries, Neste Oil, ADM, Infinita Renovables, Biopetrol etc. Global top five manufacturers hold a share over 15%.
Europe is the largest market, with a share over 50%, followed by North America and Asia-Pacific, both have a share over 30% percent.
In terms of product, Soybean Oil Based Feedstock is the largest segment, with a share over 50%. And in terms of application, the largest application is Transportation Fuels, followed by Industrial Fuels.
This report presents a comprehensive overview, market shares, and growth opportunities of Biodiesel market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Biodiesel Includes:
Diester Industries
Neste Oil
ADM
Infinita Renovables
Biopetrol
Cargill
Ital Green Oil
Glencore
Louis Dreyfus
Renewable Energy
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum
Evergreen Bio Fuels
Minnesota Soybean Processors
Caramuru
Jinergy
Hebei Jingu
Longyan Zhuoyue
Greenergy UK
Biodiesel Amsterdam
SunOil
Petrotec
Biocom
SARIA Bio-Industries
Biodiesel Aragon
Bionor
Iniciativas Bioenergeticas
Market Segment by Type, covers:
Rapeseed Oil Based Feedstock
Soybean Oil Based Feedstock
Waste and Residues Based Feedstock
Other
Market Segment by Applications, can be divided into:
Industrial Fuels
Transportation Fuels
Chemical
Key Questions Addressed in this Report
What is the 10-year outlook for the global Biodiesel market?
What factors are driving Biodiesel market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Biodiesel market opportunities vary by end market size?
How does Biodiesel break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/457175/biodiesel-2029
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