Global Biodiesel Market By Source, Application And Geography Is Projected To Reach US$ 53.6 Bn By 2025 According to a new market report published by Credence Research Global Biodiesel MarketGrowth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Biodiesel Market is expected to reach US$ 53.6 Bn by 2025, expanding at a CAGR of 4.4% during the forecast period 2017 - 2025. Browse the full Global Biodiesel Market by Source, Application and Geography - Growth, Future Prospects & Competitive Analysis, 2017 – 2025 report at https://www.credenceresearch.com/report/biodiesel-market Market Insights Biodiesel market is expected to witness significant growth in biodiesel production across various countries along with increasing application of biodiesel across various industries including automotive, marine, agriculture, railway, power generation and mining. It is widely used as fuel and also blended in diesel fuel in various countries in the ratio of B20, B50 and B100 depending upon the regulatory guidelines of the respective countries. Biodiesel also finds application as industrial solvent, and lubricating agent. Rising investment in the expansion of production capacity of biodiesel in various economies of Europe such as Germany, France and Italy are projected to fuel growth of biodiesel market over the forecast period. Further, growing fuel consumption in key emerging economies including India, China and others and increasing focus on reducing the dependency on fossil fuel attracting the investment in alternate sources of energy such as biodiesel. Growth in food industry driving the production of feed stock made from residue of soybean oil, corn oil, canola oil and animal fats enabling the handiness of feed stock required for production of biodiesel which in turn is fueling the production of biodiesel over the forecast period. Moreover, favorable regulatory support for mandatorily blending of biodiesel in diesel fuel is projected to fuel the consumption of biodiesel. However, raw material availability and high cost of installation of biodiesel production plant are factors expected to hamper the growth of biodiesel market during the forecast period (2017-2025). Competitive Insights: Global Biodiesel market is segmented on the basis of source, application and geography. By source, soybean oil was estimated to be the largest segment among all the source segments. Strong presence of food industry especially in Europe and North America generating sufficient feedstock including soybean oil, corn oil, canola oil and animal fats. Further, increasing investment in expansion of production capacity of biodiesel along with favorable regulatory support such as necessary blending of biodiesel in diesel fuel is projected to drive the growth of the segment during the forecast period. By application, in 2016 transportation fuel segment was the most dominant segment accounting for largest revenue share in global biodiesel market. Growing use of biodiesel in blending with diesel fuel coupled with regulatory support such as necessary blending of 10% of biodiesel in diesel fuel is projected to drive the growth of the segment during the forecast period. On the basis of geography, Europe was estimated to be the largest market for biodiesel in 2016. High availability of feedstock due to strong presence of

manufacturing industries especially in Germany, France, and Italy is projected to drive the demand for biodiesel in the region during the forecast period. Followed by it, Asia Pacific is anticipated to be the fastest growing region in global biodiesel market. High energy demand coupled with availability growing inclination towards the reducing the imports of fossil fuel especially in India and China is projected to drive the growth of the global biodiesel market during the forecast period. Major players in global biodiesel market are investing in expansion of production capacity along with high focus on research and development to lower the production cost. To increase their companies are focusing in merger and acquisition. Overall, global biodiesel market is anticipated to register significant growth over the forecast period (2017-2025). Key Trends:   

Merger & Acquisition Production capacity expansion Investment in research and development

About Us Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared for this task. Contact Us: Credence Research Inc. 105 N 1st ST #429 SAN JOSE CA 95103 United States Toll Free (US/Canada): +1-800-361-8290 Web: https://www.credenceresearch.com LinkedIn @ https://us.linkedin.com/company/credenceresearch

Biodiesel Market By Source, Application And Geography Is Projected To Reach US$ 53.6 Bn By 2025

Biodiesel market is expected to witness significant growth in biodiesel production across various countries along with increasing application of biodi...
NAN Sizes 0 Downloads 0 Views

Recommend Documents


Global Coronary Stents Market Is Expected To Reach US$ 11,622.5 Mn By 2026
Coronary artery disease develops in patients when the coronary artery which delivers blood, nutrients and oxygen to heart becomes damaged.

Global Chemotherapy Induced Nausea And Vomiting Treatment Market Is Expected To Reach US$ 3,626.1 Mn By 2026
As per the latest research citings of National Cancer Institute, in 2016 there were approximately 15.5 million cancer survivors due to early intervention of chemotherapy.

Global Microscope Digital Cameras Market Expected To Reach US$ 1,098.9 Mn By 2026
Digital microscopes are differentiated from traditional optical microscopes, and uses optics and a digital camera to output images to a monitor, or by running software on the computer.

Prospective technologies, feedstocks and market innovations for ethanol and biodiesel production in the US.
In recent years, production and consumption of biofuels has become controversial, mainly due to the competitive use of natural resources for food/feed and fuel production. Second generation biofuels (with cellulosic ethanol being on top of developmen

Curing advanced melanoma by 2025.
To outline the most urgent challenges in the management of advanced melanoma.

Global Bulletproof Security Glass Market Projected To Grow With A CAGR Of 11.3% By Value From 2018 To 2026
The global bulletproof security glass accounted for US$ 4.24 Bn in 2017 growing with a CAGR of 11.3% during the forecast period from 2018 to 2026.

Metabolite profiling of Schizochytrium sp. by GC-MS, an oleaginous microbial source of biodiesel.
The chemical screening carried out on Schizochytrium sp. biomass led the identification of 24 types of organic compounds belonging to n-alkanes, 1-alkenes, 1-alkanols, free fatty acids, methyl and ethyl esters of saturated and unsaturated fatty acids

Vibrational Properties of h-BN and h-BN-Graphene Heterostructures Probed by Inelastic Electron Tunneling Spectroscopy.
Inelastic electron tunneling spectroscopy is a powerful technique for investigating lattice dynamics of nanoscale systems including graphene and small molecules, but establishing a stable tunnel junction is considered as a major hurdle in expanding t

The Current and Projected Taxpayer Shares of US Health Costs.
We estimated taxpayers' current and projected share of US health expenditures, including government payments for public employees' health benefits as well as tax subsidies to private health spending.