Global Biodiesel Market Growth 2023-2029

Global Biodiesel Market Growth 2023-2029

Product Code:457175

Published Date: Feb 08,2023

Pages: 126

Region: Global

Category: Chemical & Material

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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.

Market Segmentation:
Segmentation by type
    Rapeseed Oil Based Feedstock
    Soybean Oil Based Feedstock
    Waste and Residues Based Feedstock
    Other

Segmentation by application
    Industrial Fuels
    Transportation Fuels
    Chemical

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    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

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?