Biodiesel Market Worth 24800 Million USD by 2024 - Neste Oil, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil

The 2019-2024 report on Global Biodiesel market explores the essential factors of Biodiesel industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.

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Selbyville, DE -- (SBWire) -- 02/28/2019 --According to this study, over the next five years the Biodiesel market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 24800 million by 2024, from US$ 22600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biodiesel business, shared in Chapter 3.

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.

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3. Diester Industries, Neste Oil, ADM, Infinita Renovables, Biopetrol, Cargill, Ital Green Oil, Glencore, Louis Dreyfus

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.

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.

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Biodiesel Market Report – Quick Rundown:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
- Rapeseed Oil Based Feedstock
- Soybean Oil Based Feedstock
- Waste and Residues Based Feedstock
- Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

- Industrial Fuels
- Transportation Fuels
- Chemical Industry

With an objective to help understand the development plans and policies, manufacturing processes, cost structures of Biodiesel market, this report lists and profiles leading players with top level information on them. Wherever applicable, it also focuses on the details like supply chain, market statistics, product images, development plan outlook, consumption (where available), growth rates, contact details and much more.

Sub-segments of the Biodiesel market are expansively analyzed covering industry dynamics, help on a feasibility study, vendor strategies, growth prospects and market share of the industry. Growth projections for next few years form an important aspect of this 2018 Biodiesel report.

Apart from whatever is already offered in this Biodiesel market research, the report can be customized to meet your needs – be it additional company coverage or country coverage or anything specific that you need.

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Table OF Content:

2019-2024 Global Biodiesel Consumption Market Report

1 Scope of the Report

1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview
2.1.1 Global Biodiesel Consumption 2014-2024
2.1.2 Biodiesel Consumption CAGR by Region
2.2 Biodiesel Segment by Type
2.2.1 Biodiesel Concentrate
2.2.2 Biodiesel Isolate
2.2.3 Textured Biodiesel
2.2.4 Soy Flour
2.3 Biodiesel Consumption by Type
2.3.1 Global Biodiesel Consumption Market Share by Type (2014-2019)
2.3.2 Global Biodiesel Revenue and Market Share by Type (2014-2019)
2.3.3 Global Biodiesel Sale Price by Type (2014-2019)
2.4 Biodiesel Segment by Application
2.4.1 Processed Meat Products
2.4.2 Bakery and Confectionary
2.4.3 Beverage
2.4.4 Animal Feed
2.4.5 Others
2.5 Biodiesel Consumption by Application
2.5.1 Global Biodiesel Consumption Market Share by Application (2014-2019)
2.5.2 Global Biodiesel Value and Market Share by Application (2014-2019)
2.5.3 Global Biodiesel Sale Price by Application (2014-2019)

3 Global Biodiesel by Players

3.1 Global Biodiesel Sales Market Share by Players
3.1.1 Global Biodiesel Sales by Players (2017-2019)
3.1.2 Global Biodiesel Sales Market Share by Players (2017-2019)
3.2 Global Biodiesel Revenue Market Share by Players
3.2.1 Global Biodiesel Revenue by Players (2017-2019)
3.2.2 Global Biodiesel Revenue Market Share by Players (2017-2019)
3.3 Global Biodiesel Sale Price by Players
3.4 Global Biodiesel Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Biodiesel Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Biodiesel Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion

4 Biodiesel by Regions

4.1 Biodiesel by Regions
4.1.1 Global Biodiesel Consumption by Regions
4.1.2 Global Biodiesel Value by Regions
4.2 Americas Biodiesel Consumption Growth
4.3 APAC Biodiesel Consumption Growth
4.4 Europe Biodiesel Consumption Growth
4.5 Middle East & Africa Biodiesel Consumption Growth

Related Report:

Global Biodiesel Market Research Report 2019

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.

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