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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.
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.
The global Biodiesel market is valued at 22600 million USD in 2017 and is expected to reach 26400 million USD by the end of 2025, growing at a CAGR of 2.0% between 2018 and 2025.
This research report categorizes the China and global Biodiesel market by type, end-use industry, and region.
International Manufacturers Covered
Ital Green Oil
Renewable Energy Group
RBF Port Neches
Marathon Petroleum Corporation
Evergreen Bio Fuels
Minnesota Soybean Processors
China Local Manufacturers Covered
Hebei Jingu Group
Rapeseed Oil Based Feedstock
Soybean Oil Based Feedstock
Waste and Residues Based Feedstock
The study objectives of this report are:
To analyze and study the ways and market feasibility to enter China market, for the international manufacturers manufacturing or selling products in China.
To study and forecast the market size (volume and value) of Biodiesel in China and global market.
Focuses on the China local manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis, value and China market share for top local manufacturers.
To analyze the international manufacturers, SWOT analysis, volume, value and global market share for top manufacturers.
To define, describe and forecast the market by type, application and region.
To analyze and compare the market status and forecast between China and major regions, namely, United States, Europe, China, Japan and other Regions like Korea, Taiwan, India, Southeast Asia etc.
To analyze the China market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Biodiesel are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
With the given market data, QYResearch offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Biodiesel market, by end-use.
Detailed analysis and profiles of additional market players.
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