Press release
Biodiesel Market to grow rapidly in the coming years | Archer Daniels Midland Company(ADM), BIOX, Bunge, Cargill, Green Fuels, M?nzer Bioindustrie GmbH, Neste, Renewable Energy Group, Wilmar International, Terravia Holdings
Biodiesel Market - Premium Market Insights
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Biodiesel is a renewable fuel which is produced from renewable sources such as vegetable oils, animal fats, and recycled cooking oil. It is used as an alternative biofuel in existing diesel engines without the need for engine modification. Biodiesels are biofuels consisting of long chain alkyl esters. It is synthesized by chemically reacting lipids such as vegetable oils and animal fats with an alcohol producing fatty acid esters. Biodiesel can be used singularly, or blended with petroleum based diesels in any proportions. They are also prevalently used as heating oil.
The global biodiesel market is segmented on the basis of feedstock type, blend, and end-use industry. On the basis of feedstock type, the biodiesel market is segmented into, vegetable oils, animal fats, and others. On the basis of blend, the market is bifurcated into, B2, B5, B20, and B100. Based on end-use industry, the global biodiesel market is segmented into, automotive, aviation, marine, agriculture, power generation, and others.
The List of companies covered in this Reports are:
1. Archer Daniels Midland Company(ADM)
2. BIOX Corporation
3. Bunge Limited
4. Cargill
5. Green Fuels Ltd
6.M?nzer Bioindustrie GmbH
7. Neste Corporation
8. Renewable Energy Group Inc.
9. Wilmar International Limited
10. Terravia Holdings Inc.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global biodiesel market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The biodiesel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biodiesel market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the biodiesel market in these regions.
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