The global biodiesel market is expected to reach USD 54.8 billion by 2025, according to a new report by Radiant Insights, Inc. The market is expected to witness growth at 7.3% CAGR owing to Increasing demand for biodiesel as automobile fuel owing to their environment friendly characteristic to mitigate greenhouse gas emission is expected to propel industry growth.
The industry is characterized by the presence of several players, with the majority of them are established in the Europe and North America. The industry is undersupplied in the majority of the regions owing to the insufficient production capacities as compared to the demand. The industry players are adopting integration strategies in order to reduce their dependency on the raw material suppliers and strengthen their position in the global market.
Positive government outlook to support biofuel sector in emerging markets including India, Argentina and Colombia coupled with the introduction of biofuel mandates across the globe is expected propel growth. High demand for the major raw materials such as soybean, palm and corn are expected to hamper feedstock availability, thus impacting the growth. However, increasing investments in R&D to use innovative feedstock raw materials including algae, animal fat and UCO is likely to drive growth.
To Browse Full Research Report @:
https://www.radiantinsights.com/research/biodiesel-market
Further key findings from the report suggest:
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope &assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Market snapshot
Chapter 3 Biodiesel Market Variables, Trend, and Scope
3.1 Biodiesel - Market segmentation& scope
3.2 Biodiesel - Value chain analysis
3.3 Raw material outlook
3.3.1 Canola oil
3.3.2 Soybean oil
3.3.3 Palm oil
3.3.4 Corn Oil
3.3.5 Animal fats
3.4 Technology Overview
3.4.1 Enzymatic production
3.4.2 Reactive distillation
3.4.3 Algal biodiesel
3.5 Regulatory Framework
3.6 Penetration & growth prospect mapping
3.7 Biodiesel - Market dynamics
3.7.1 Market driver analysis
3.7.1.1 Reduction of emissions
3.7.1.2 Tax incentives
3.7.1.3 Increasing demand from consumers
3.7.2 Market restraint analysis
3.7.2.1 Performance issues in automobiles
3.7.2.2 Weak cold filtration process
3.8 Biodiesel market - PESTEL Analysis
3.9 Industry analysis - Porter's
To Access Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/biodiesel-market/request-sample
About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
The industry is characterized by the presence of several players, with the majority of them are established in the Europe and North America. The industry is undersupplied in the majority of the regions owing to the insufficient production capacities as compared to the demand. The industry players are adopting integration strategies in order to reduce their dependency on the raw material suppliers and strengthen their position in the global market.
Positive government outlook to support biofuel sector in emerging markets including India, Argentina and Colombia coupled with the introduction of biofuel mandates across the globe is expected propel growth. High demand for the major raw materials such as soybean, palm and corn are expected to hamper feedstock availability, thus impacting the growth. However, increasing investments in R&D to use innovative feedstock raw materials including algae, animal fat and UCO is likely to drive growth.
To Browse Full Research Report @:
https://www.radiantinsights.com/research/biodiesel-market
Further key findings from the report suggest:
- Europe dominated the biodiesel industry in 2016, accounting for 40.7% of the global production owing to early product adoption, high investments in R&D and positive
- The demand for biodiesel is primarily driven by automotive application segment replace fossil fuel, and the same is expected to grow at a CAGR of 5.1% from 2017 to 2025. Selection of raw material varies dramatically from region to region based on the raw material availability and cost associated with this feedstock
- Soybean was the major feedstock for the product in the North America accounting over 45% of the overall product, wherein rapeseed dominated the European biodiesel market with a share of over 50%
- Central & South America and Asia Pacific are expected to emerge as major exporters for the product owing to the lower production cost and abundant raw material availability in these regions
- Demand-supply gap in the industry is expected to open new avenues for the industry players in terms of new plant setups and capacity expansions. Capital investment and technology know-how are expected to be the key barriers for the new industry players in order to compete with the existing manufacturers
- The major players in the industry include FutureFuel Corporation, Manuelita S.A., Archer Daniels Midland Company (ADM), Bunge Limited, Cargill, Inc., and Neste Oyj
Chapter 1 Methodology and Scope
1.1 Research methodology
1.2 Research scope &assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Market snapshot
Chapter 3 Biodiesel Market Variables, Trend, and Scope
3.1 Biodiesel - Market segmentation& scope
3.2 Biodiesel - Value chain analysis
3.3 Raw material outlook
3.3.1 Canola oil
3.3.2 Soybean oil
3.3.3 Palm oil
3.3.4 Corn Oil
3.3.5 Animal fats
3.4 Technology Overview
3.4.1 Enzymatic production
3.4.2 Reactive distillation
3.4.3 Algal biodiesel
3.5 Regulatory Framework
3.6 Penetration & growth prospect mapping
3.7 Biodiesel - Market dynamics
3.7.1 Market driver analysis
3.7.1.1 Reduction of emissions
3.7.1.2 Tax incentives
3.7.1.3 Increasing demand from consumers
3.7.2 Market restraint analysis
3.7.2.1 Performance issues in automobiles
3.7.2.2 Weak cold filtration process
3.8 Biodiesel market - PESTEL Analysis
3.9 Industry analysis - Porter's
To Access Request A Sample Copy Of This Report at: https://www.radiantinsights.com/research/biodiesel-market/request-sample
About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com
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