Biodiesel Market Industry Trends, Share, Demand and Future Scope by 2022-2027

1. Global Biodiesel Market Research and Forecast Report 2022-2027 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Biodiesel Market Research Report: The latest report by IMARC, titled “Biodiesel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global biodiesel market reached a value of US$ 40.6 Billion in 2021. Biodiesel is a renewable energy source that is a viable substitute for petroleum diesel fuel. It is obtained from vegetable oil, methanol as well as animal and recycled cooking fats. These raw materials are converted into a mixture of the fatty acids that makes the oil through a transesterification reaction. Biodiesel allows farmers to grow the fuel they need for farm machinery as it reduces the carbon footprint of agriculture. In recent years, the leading biofuel manufacturers are introducing advanced technologies that are used for the production of biofuels through biogas, pyrolysis and gasification. Request Free Sample Report: https://www.imarcgroup.com/biodiesel-market/requestsample

4. Report Description and Highlights Report Description Global Biodiesel Market Trends : Biodiesel is regarded as a safe, non-toxic, biodegradable and energy efficient material. This helps in mitigating greenhouse gas emissions, and hence is being increasingly utilized nowadays across industries. For instance, biodiesel is extensively used in the automotive industry as it is an excellent lubricator which helps diesel engines to last longer. Besides this, governments of various countries are undertaking research and development (R&D) activities to commercially develop second-generation biofuels to provide energy security and meet the increasing energy needs across the globe. Moreover, biofuels have gained importance in aviation and marine transportation in recent years, with strong policy support and innovation for reducing production costs. For instance, Scandinavian Airlines System (SAS), a Sweden-based airline holding company, aims to replace jet fuel that was used for domestic flights with biofuel by 2030. It also signed an agreement with the Sweden-based fuel company, Preem, to supply renewable aviation fuels to SAS from waste materials, like forestry residues. Looking forward, the market value is projected to reach US$ 52.7 Billion by 2027, registering a CAGR of 4.4% during 2022-2027. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).

5. Report Description and Highlights Report Description Market Summary: Breakup by Feedstock: • Vegetable Oils • Animal Fats • Others Breakup by Application: • Fuel • Power Generation • Others Breakup by Type: • B100 • B20 • B10 • B5 Breakup by Production Technology:

6. Report Description and Highlights Report Description • Conventional Alcohol Trans-esterification • Pyrolysis • Hydro Heating Breakup by Region: • Asia Pacific • North America • Europe • Latin America • Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • • • • Wilmar International Limited Renewable Energy Group Inc. Bunge Limited Cargill Incorporated Neste Oyj Louis Dreyfus Company B.V. Biox Corporation Diester Industrie Biomass Technology Group (BTG) BV DuPont POET Verbio Vereinigte BioEnergie AG China Clean Energy Inc. CropEnergies AG INEOS AG View Full Report with TOC & List of Figure: https://www.imarcgroup.com/biodiesel-market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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