Global Biodiesel Market to 2025 - Major Players are FutureFuel, Manuelita, Archer Daniels Midland, Bunge, Cargill and Neste Oyj

The global biodiesel market is expected to reach USD 54.8 billion by 2025

The market is expected to witness growth at 7.3% CAGR owing to Increasing demand for biodiesel as automobile fuel owing to their environment friendly characteristic to mitigate greenhouse gas emission is expected to propel industry growth.

The industry is characterized by the presence of several players, with the majority of them are established in the Europe and North America. The industry is undersupplied in the majority of the regions owing to the insufficient production capacities as compared to the demand. The industry players are adopting integration strategies in order to reduce their dependency on the raw material suppliers and strengthen their position in the global market.

Positive government outlook to support biofuel sector in emerging markets including India, Argentina and Colombia coupled with the introduction of biofuel mandates across the globe is expected propel growth. High demand for the major raw materials such as soybean, palm and corn are expected to hamper feedstock availability, thus impacting the growth. However, increasing investments in R&D to use innovative feedstock raw materials including algae, animal fat and UCO is likely to drive growth.

Further key findings from the report suggest:

Key Topics Covered:

1 Research Methodology

2. Executive Summary

3. Biodiesel Market Variables, Trend, and Scope

4. Biodiesel Market: Feedstock Estimates & Trend Analysis

5. Biodiesel Market: Application Estimates & Trend Analysis

6. Biodiesel Market: Regional Estimates & Trend Analysis, by Product & Application

7. Competitive Landscape

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/9z6nsl/biodiesel_market

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