City of Industry, CA -- (SBWire) -- 07/06/2018 --This report studies the global Biodiesel industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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.
The global Biodiesel market is valued at 24700 million USD in 2017 and is expected to reach 36500 million USD by the end of 2025, growing at a CAGR of 5.0% between 2018 and 2025.
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This research report categorizes the China and global Biodiesel market by type, end-use industry, and region.
International Manufacturers Covered
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
Minnesota Soybean Processors
Caramuru
Greenergy UK
Biodiesel Amsterdam
SunOil
Petrotec
Biocom
SARIA Bio-Industries
Biodiesel Aragon
Bionor
Iniciativas Bioenergeticas
China Local Manufacturers Covered
Jinergy
Hebei Jingu Group
Longyan Zhuoyue
...
By Type
Rapeseed Oil Based Feedstock
Soybean Oil Based Feedstock
Waste and Residues Based Feedstock
Other
By Application
Industrial Fuels
Transportation Fuels
Chemical Industry
By Region
United States
Europe
Japan
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Biodiesel Market to Reach 36500 Million USD by the End of 2025
The global Biodiesel market is valued at 24700 million USD in 2017 and is expected to reach 36500 million USD by the end of 2025, growing at a CAGR of 5.0% between 2018 and 2025.