Already a member? Login to access this report free.
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 |
|
||||||||||
| Companies studied |
|
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.
Related Reports
2024 Sustainable Energy Research Review
The Energy industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971.
Renewable Energy: Technologies and Global Markets
The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.
Global Markets for Enzymes in Industrial Applications
The global market for enzymes in industrial applications is estimated to increase from $7.9 billion in 2024 to reach $10.8 billion by 2029, at a compound annual growth rate (CAGR) of 6.5% from 2024 through 2029.
Biorefinery Products and Applications: Global Markets
The global market for biorefinery products and applications was valued at $715.7 billion in 2023. The market is expected to grow from $775.2 billion in 2024 to nearly $1.2 trillion by 2029, at a compound annual growth rate (CAGR) of 8.8% from 2024 to 2029.
Recent Reports
2024 Sustainable Energy Research Review
The Energy industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years. This report provides a sampling of the types of quantitative market information, analysis and guidance that has been aiding business decision making since the inception of BCC Research in 1971.
Renewable Energy: Technologies and Global Markets
The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.
2024 Hydrogen and Ammonia Research Review
Research Reviews from BCC Research provide market professionals with concise market coverage within a specific research category. These Research Reviews include portions of several market research reports that were published in 2024.
Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets
The global market for building integrated photovoltaic (BIPV) technologies is estimated to increase from $17.1 billion in 2024 to reach $42.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.7% from 2024 through 2029.
Grid-Scale Electricity Storage Technologies: Global Markets
The global market for grid-scale electricity storage technologies is estimated to grow from $40.7 billion in 2024 to reach $151.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 30.0% from 2024 through 2029.
Top Trending Reports
Carbon Capture, Utilization & Storage Technologies
The global market for carbon capture, utilization and storage (CCUS) technologies is expected to grow from $3.4 billion in 2024 and is projected to reach $9.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 23.1% during the forecast period of 2024 to 2029.
Global Diabetic Care Devices Market
The global market for diabetes monitoring devices is expected to grow from $16.6 billion in 2024 to $26.8 billion by the end of 2029, at a compound annual growth rate (CAGR) of 10.1% from 2024 through 2029.
2024 Semiconductor Manufacturing Research Review
This 2024 Research Review of the Semiconductor Manufacturing provides a sampling of the type of quantitative market information, analysis, and guidance that BCC Research has been developing since its inception in 1971 to help its customers make informed business decisions.
Generative AI: Global Markets
The global market for generative AI was valued at $15.4 billion in 2023. It is projected to grow from $20.8 billion in 2024 to $94.4 billion by 2029, at a compound annual growth rate (CAGR) of 35.3% from 2024 through 2029.
2024 Medical Devices Research Review
The medical device industry is a multi-billion-dollar industry whose outlook is supposed to rise in the coming years These devices treat and diagnose a multitude of patient conditions and work much better than drugs.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More