Transparency Market Research Report Added "Biodiesel Market" to its database.
Albany, NY -- (SBWIRE) -- 01/28/2015 -- The global biodiesel market has registered exponential growth between 2001 and 2010. The market will continue to exhibit healthy growth through the next few years, albeit at a moderate pace. Governments supporting energy independence have pushed the global biodiesel market ahead, especially in the European region. This report identifies policy measures that have supported the expansion of the biodiesel industry, while also offering insights into restraining factors.
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The report comprises a historical as well as forward-looking analysis of milestone technological developments in the market and their impact on its future growth course. Using Porter's five forces model analysis and company profiles, the report offers a complete overview of the future competitive landscape from the standpoint of manufacturers, suppliers, and threat from new entrants. The value chain of the global biodiesel market has been analyzed in detail so as to identify opportunities and areas of growth therein.
Overview of the biodiesel market
Clean fuels have garnered considerable interest worldwide because nations are making strides toward energy sufficiency – this entails making higher investments in alternative fuels and reducing dependence on non-renewable ones. Biodiesel fits this agenda as it is a clean burning fuel that can be produced from renewable resources. The biodiesel market is thus poised for consistent growth over the next few years. Biodiesel's attributes – sustainability, domestic production abilities, compliance with quality standards, and efficient replacement of diesel – all make it an ideal choice.
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Biodiesel is a fuel that does not contain petroleum. Also, it can be combined with petroleum diesel at any level to form a biodiesel mix. In the face of instable petroleum supply and the resultant volatility in prices, biodiesel is emerging as one of the most preferred alternative fuels.
A number of policy-level changes in leading economies have worked in favor of the global biodiesel market. In the United States, for instance, the Renewable Fuel Standard 2 or the RFS, has impelled the biodiesel market. In China too, the government has introduced a stimulus package for vehicles operating on alternative fuels. This will benefit not just the biodiesel market in China, but other types of biofuels too. These initiatives are significant because China is the largest automobile market in the world.
On the other hand, in countries such as Germany, biodiesel is subjected to a number of taxes, causing a spike in prices and forcing consumers to turn to other fuel types. From the global perspective, this impact could be dampened to some extent by the opportunities for biodiesel investments are being created in Canada and Spain.
The growth objectives of the biodiesel market could be marred because of factors such as deforestation and political instability. The highest demand in the biodiesel market can currently be seen in North America and Europe, whereas Asia Pacific is catching up on account of its massive palm oil production capacity.
Companies mentioned in the global biodiesel market
The global biodiesel market research report profiles leading competitors that include: Green Earth Fuels of Houston, LLC (U.S.), OXEM (Italy), ACCIONA Energy (Spain), Biopetrol Rostock GmbH (Germany), and Meroco(Slovakia).
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