Report Highlights
The global market for biodiesel is expected to grow from $43.1 billion in 2023 to $51.6 billion by the end of 2028, at a compound annual growth rate (CAGR) of 3.7% from 2023 through 2028.
Report Includes
- 46 data tables and 36 additional tables
- An overview of the global biodiesel market for end-user applications
- Analyses of the global market trends, with historical market revenue data (sales figures) for 2022, estimates for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimate of the market size and revenue forecast for the global biodiesel market, and a corresponding market share analysis based on application, feedstock type, and region
- Facts and figures pertaining to the market’s drivers, restraints, opportunities and challenges
- Analysis of changes in policies, technologies and feedstock in the biodiesel industry and the recent trends in the global market
- Overview of the sustainability trends and ESG developments in the biodiesel market, with emphasis on consumer attitudes, ESG score analysis, case studies and the ESG practices of leading companies
- Review of emerging technologies and key patent grants on biodiesel technologies and applications
- An analysis of the biodiesel industry structure, including company market shares, recent M&A activity and venture funding
- Profiles of the leading market players
Report Scope
This BCC Research report will explore the developments in the biodiesel market. The report will detail the biodiesel market by feedstock type: vegetable oils (rapeseed, palm oil, soybean oil, sunflower oil, corn oil, and used cooking oil) and animal fats. The report will also detail the market based on applications and regions. Each segment evaluation includes market size estimates for biodiesel and a forecast for growth to 2028. The report concludes with a competitive landscape of the global biodiesel market and company profiles of the various players in the area.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||
| Forecast period considered | 2023-2028 | ||||||||||
| Base year market size | $46.3 billion | ||||||||||
| Market size forecast | $51.6 billion | ||||||||||
| Growth rate | CAGR of 3.7% from 2023 to 2028 | ||||||||||
| Units considered | $ Millions (Revenue) and Million Gallons (Volume) | ||||||||||
| Segments covered | By Feedstock Type, Application, and Geographic Region | ||||||||||
| Regions covered | North America, EMEA (Europe, the Middle East and Africa), Asia-Pacific, and South America | ||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing Demand for Low-Carbon Intensive Feedstock.
- Government policies and incentives.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global market for biodiesel reached $35.1 billion in 2019 and should reach $49.2 billion by 2024, at a compound annual growth rate (CAGR) of 7.0% for the period of 2019-2024.
Report Includes
- 58 tables
- An overview of the global market for biodiesel and discussion on feedstocks, technologies and synthesis
- Analyses of global market trends, with data from 2018, 2019 and projections of compound annual growth rates (CAGRs) through 2024
- Knowledge about transesterification and biodiesel production process from vegetable oil, animal oil/fats, tallow and waste cooking oil
- Discussion on what makes biodiesel a sustainable alternative compared to conventional diesel
- Coverage of advantages over traditional fuels, disadvantages/ challenges and efficiency of biodiesel
- Insights into government initiatives across the globe, policies and incentives
- Details of new developments and future outlook and mergers and acquisitions in the biodiesel industry
- Evaluation of current market size, market forecast, and market share analysis of the leading suppliers of the industry
- Comprehensive company profiles of major market players, including AG Processing Inc., Argent Energy, BioCube Corp., Cargill Inc., Epitome Energy, FutureFuel Corp., and Renewable Biofuels Inc.
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