What are the factors driving the Biodiesel Market growth? DuPont, Crimson Renewable Energy, Diversified Energy Corporation, XL Renewables, Inc., Western Dubuque Biodiesel, Delta American Fuel, ACCIONA, Blue Marble Energy, American Energy Services, LLC

Global Biodiesel Market share is anticipated to grow up at a moderate rate in the next few years. Biodiesel is derived from animal fats, cooking oils, yellow grease, and vegetable oils by a process known as transesterification which converts fats and oils into chemicals. It is a substitute fuel similar to fossil or conventional fuels.

Need for energy independence and increasing environmental concern have driven the demand for biodiesel market worldwide. The product has the primary feature to reduce greenhouse gas emissions, which were totaled to over 6 billion metric tons of carbon dioxide equivalents.

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Key Profiles:
• Western Dubuque Biodiesel
• Delta American Fuel
• Imperium Renewables
• DuPont
• Deerfield Energy
• Crimson Renewable Energy
• China Biodiesel International Holding
• Diversified Energy Corporation
• XL Renewables
• Blue Marble Energy Corp.
• American Energy Producer
• ACCIONA Energy, LLC
• Green Earth Fuels of Houston

The biodiesel market worldwide is in a transition phase of rapid growth and development, creating new opportunities in the coming years. It has cetane ratings and outstanding lubricating properties in comparison to low sulfur diesel fuels.

With shrinking land for agriculture, increasing oil & fat demand and ever rising population, high competition in the feedstock demand for the product manufacturing is likely to hamper the future growth. There has been a major issue of variation in the crude oil prices in the past several years.

The segmentation of biodiesel market can be done based on feedstock, application and geographical regions. On the basis of feedstock, the market is segregated into vegetable oil, animal fats and brown grease or trap grease.

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Based on the applications, biodiesel market can be segregated into two major, mainly transportation and power generation. The product can be easily used in existing fuel engines, infrastructure, and vehicles with basically no changes. It can be used, stored, pumped, and burned just as the petroleum based diesel fuel.

Asia Pacific and Europe market has a huge opportunity in countries like India, UK, and China, due to the ever-rising diesel prices and vast number of diesel vehicles. With the growing existing feedstock efficiency, the market will likely have a pattern shift in the forecast span.

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The biodiesel market in the United States and Europe has reached to remarkable levels of production capacities. On account of government regulations and policies in the countries of Asia Pacific and Latin America, new opportunities are on a rise. These opportunities include exports, feedstock development and improved production.

Some of the key players in the global biodiesel market are Western Dubuque Biodiesel, Delta American Fuel, Imperium Renewables, DuPont, Deerfield Energy, Crimson Renewable Energy, China Biodiesel International Holding, Diversified Energy Corporation, XL Renewables, Blue Marble Energy Corp., American Energy Producer, ACCIONA Energy, LLC, and Green Earth Fuels of Houston to name a few.

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