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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.The Global Biodiesel Market research 2018 highlights the major details and provides in-depth analysis of the market along with the future growth and prospects. The reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends and demands with the help of 15 Chapters, complete report with 129 Pages, figures, graphs and table of contents to analyze the situations of global Biodiesel market and Assessment to 2023. Biodiesel market globally is witnessing good traction which is evident by the global Biodiesel report. The report provides the customers a thorough coverage of the Biodiesel industry performance over the last 5 years, and an accurate estimation of the market performance substantiated by the observed market trends over the years. Furthermore, the report covers accurate projection of the Biodiesel Market for the forecast period of 2018-2023.First, biodiesel is a renewable fuel that can be manufactured from vegetable oils, animal fats, or recycled restaurant grease for use in diesel vehicles. Biodiesel's physical properties are similar to those of petroleum diesel, but it is a cleaner-burning alternative.
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Second, the market of biodiesel is quite separated. In 2016, the market share of the five largest companies accounted for 22.04% of global market, which are Renewable Energy Group, Diester Industries, Neste Oil, ADM and Louis Dreyfus. The global production of biodiesel reached 26567 K MT in 2015. EU is the biggest production base and consumption area of biodiesel, followed by USA, South America and China. Though enjoying a high share in fuel market, in many European countries, the biodiesel industry are threatened by overcapacity. In China, the market of biodiesel fuel is also in a tough situation, since governmental supports from local authorities are very limited.
Third, the raw materials of biodiesel are mainly vegetable oils. Biodiesel derived from rapeseed oil and soybean oil forms the largest segment of the overall market. The biodiesel market offers immense opportunities countries such as U.K., India, and China, as these regions have high diesel fuel prices and a large number of diesel fueled vehicles. Generally, the price of biodiesel fluctuates with the price of raw material. However, the impact of diesel fuel on biodiesel is the major factor. Since 2015, the sharp decrease of diesel price also triggered the trending down of biodiesel price, which made small scale manufacturers hard to survive.
Fourth, the application of biodiesel can be classified as industrial fuels, transportation fuels and chemical industry. The primary use of biodiesel is transportation fuels, which account for 58.92% in 2015. Industrial fuels and chemical industry also play important role in the whole supply chain. Regionally, biodiesel is the most common biofuel in Europe, while its consumption in China is more concentrated in chemical use.
Fifth, the global biodiesel market is expected to be worth $24.11 billion in 2022. South America is estimated to be the most promising region for biodiesel market, and the sluggish of biodiesel in China would be expected to be changed in the coming years.
Sixth, while growth may be affected by feedstock availability issues and the food v/s fuel debate, the market is expected to witness a paradigm shift with the increasing conversion efficiency of existing feedstock, and the development of newer feedstock sources such as algae.
The worldwide market for Biodiesel is expected to grow at a CAGR of roughly 1.6% over the next five years, will reach 24800 million US$ in 2023, from 22600 million US$ in 2017, according to a new GIR (Global Info Research) study.
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Market Segment by Manufacturers, this report covers:
- 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
- Minnesota Soybean Processors
- Caramuru
- Jinergy and more
The Biodiesel industry report has an in-depth coverage of the market along with multiple segmentations of the Biodiesel such as by type, application, and region among others.
Market Segment by Regions, regional analysis covers: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
The report further covers the detailed analysis substantiated with suitable statistics of the factors, opportunities, challenges, and prospects for the players in the Biodiesel. Moreover, the report covers all the top players in the Biodiesel which is inclusive of a detailed company profile, the products on offer, and revenue and market share of each player.
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 Industry
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There are 15 Chapters to deeply display the Global Biodiesel market.
Chapter 1: to describe Biodiesel Introduction, product scope, market overview, market opportunities, market risk, market driving force, Chapter 2: to analyze the top manufacturers of Biodiesel, with sales, revenue, and price of Biodiesel, in 2016 and 2018
Chapter 3: to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2018, Chapter 4: to show the global market by regions, with sales, revenue and market share of Biodiesel, for each region, from 2012 to 2018
Chapter 5, 6, 7, 8 and 9: to analyze the key regions, with sales, revenue and market share by key countries in these regions; Chapter 10 and 11: to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2018
Chapter 12: Biodiesel market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023, Chapter 13, 14 and 15: to describe Biodiesel sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
List of Tables:
Market Overview
Manufacturers Profiles
Global Biodiesel Sales, Revenue, Market Share and Competition by Manufacturer (2016-2018)
Global Biodiesel Market Analysis by Regions
North America Biodiesel by Countries
Europe Biodiesel by Countries
Asia-Pacific Biodiesel by Countries and more……….
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