Albany, NY -- (SBWIRE) -- 01/30/2014 -- The limited availability of petroleum products and their swelling prices have led to the development of alternative fuels like biodiesel, biogas, and bioethanol. These alternative fuels have a number of advantages over conventional fuels. Biodiesel enhances engine life and unlike petrol, it does not pollute the air. With growing environmental concerns and increasing prices of petroleum, the biodiesel market is set to witness double digit growth in the near future. Governments of many countries are encouraging the use of biodiesels. Most countries have started blending conventional diesel with a percentage of biodiesel to reduce environmental pollution.

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Biodiesel Market Segmentation

Categorization of biodiesel market is based on the feedstock used. Biodiesel market is segmented as follows:

- Vegetable Oil
- Waste Oil
- Animal Fats
- Algae
- Jatropha
- Sunflower Oil

This market research report analyzes the biodiesel market, its important market segments, and major geographies. This report is a complete study of current trends in the biodiesel market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants with value chain analysis.

The major regions analyzed under this research study are North America, Asia-Pacific, Europe, and the Rest of the World.

The major players in the biodiesel market are Archer Daniels Midland Company, Axiom Energy Limited, Brasil Ecodiesel Industria e Comercio de Biocombustiveis e Oleos Vegetais S.A., Cargill Incorporated, Green Earth Fuels LLC, Diester Industrie S.A.S., Gushan Environmental Energy Limited, INEOS Enterprises Limited, Novaol S.r.I., Patagonia Bioenergia S.A., Royal Energy Limited, and others.

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