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Global Biodiesel Market 2017-2021

About Biodiesel

Biodiesel is an alternative fuel for automotive engines, which is produced by the chemical reaction of a raw material, such as vegetable oil or animal fat, with an alcohol such as methanol or ethanol. Biodiesel is a better alternative for the environment as it is produced from renewable resources, and it releases low emissions compared with normal diesel. As it is produced domestically from natural resources, its use decreases the dependency on imported fuel, and it also contributes to a country's economy.

Technavio’s analysts forecast the global biodiesel market to grow at a CAGR of 4.57% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global biodiesel market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • North America
  • South America
  • APAC
  • Europe
  • ROW
Technavio's report, Global Biodiesel Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Archer Daniels Midland
  • BIOX
  • Bunge
  • Cargill
  • Wilmar International
Other prominent vendors
  • Altenesol
  • Argent Energy
  • biomax fuels
  • KFS Biodiesel
  • Longyan Zhuoyue New Energy
  • Louis Dreyfus
  • MÜNZER Bioindustrie
  • NESTE
  • RB FUELS
  • Renewable Energy Group
  • Vance Group
  • White Mountain Biodiesel
  • YAMUNA BIO ENERGY
Market driver
  • Increasing demand for biofuels
  • For a full, detailed list, view our report
Market challenge
  • High operating costs of biodiesel
  • For a full, detailed list, view our report
Market trend
  • Biofuels from spent bleaching earth
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Biodiesel Market 2017-2021

Technavio recognizes the following companies as the key players in the global biodiesel market:

Other Prominent Vendors in the market are: Altenesol, Argent Energy, biomax fuels, KFS Biodiesel, Longyan Zhuoyue New Energy, Louis Dreyfus, MÜNZER Bioindustrie, NESTE, RB FUELS, Renewable Energy Group, Vance Group, White Mountain Biodiesel, and YAMUNA BIO ENERGY.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Biofuels from spent bleaching earth. In recent years, the use biodiesel is increasing due to its advantages like cost benefits, renewable, clean, and reduced level of pollution. However, on the other hand, the market growth is hampered by its cost of production. To overcome this, manufacturers are trying to adopt strategies such as the use of an efficient catalyst, cheap raw materials, and advanced technologies.”

According to the report, one of the major drivers for this market is Increasing demand for biofuels. The global biofuels market is expected to grow at a CAGR of nearly 6% during the forecast period, which will boost the growth of the global biodiesel market. In 2016, the use of biofuels was increased as they reduce carbon emissions and the dependency on fossil fuels. Moreover, their production requires feedstock, which is generally renewable in nature. The use of biofuel is high in agriculture-based economies such as India, China, and Brazil because of the vast area available for feedstock production.

Further, the report states that one of the major factors hindering the growth of this market is High operating costs of biodiesel. Biodiesel is an alternative fuel for automotive engines that are produced by the chemical reaction of raw material, such as vegetable oil or animal fat, with an alcohol such as methanol or ethanol. The chemical reaction is known as transesterification, where short-chain alcohols are esterified to biodiesels. This process involves various production costs; the total cost ranges from $110 to $120 per barrel.

Companies Mentioned

Archer Daniels Midland, BIOX, Bunge, Cargill, Wilmar International, Altenesol, Argent Energy, biomax fuels, KFS Biodiesel, Longyan Zhuoyue New Energy, Louis Dreyfus, MÜNZER Bioindustrie, NESTE, RB FUELS, Renewable Energy Group, Vance Group, White Mountain Biodiesel, and YAMUNA BIO ENERGY.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Schematic diagram of biodiesel production
  • Market landscape
    • Market size and forecast
      • Table Global biodiesel market 2016 and 2021 ($ millions)
      • Table Global biodiesel market 2016-2021
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Global biodiesel market by type
      • Table Global biodiesel market by type 2016 (% share of revenue)
      • Table Global biodiesel market by type 2021 (% share of revenue)
    • Global biodiesel market by vegetable oil
      • Table Global biodiesel market by vegetable oil 2016 and 2021 ($ millions)
      • Table Global biodiesel market by vegetable oil 2016-2021
    • Global biodiesel market by animal fat
      • Table Global biodiesel market by animal fat 2016 and 2021 ($ millions)
      • Table Global biodiesel market by animal fat 2016-2021
    • Global biodiesel market by others
      • Table Global biodiesel market by others 2016 and 2021 ($ millions)
      • Table Global biodiesel market by others 2016-2021
  • Market segmentation by application
    • Global biodiesel market by application
      • Table Global biodiesel market by application 2016 (% share of revenue)
      • Table Global biodiesel market by application 2021 (% share of revenue)
    • Global biodiesel market by transport fuel
      • Table Global biodiesel market by transport fuel 2016 and 2021 ($ millions)
      • Table Global biodiesel market by transport fuel 2016-2021
    • Global biodiesel market by power generation
      • Table Global biodiesel market by power generation 2016 and 2021 ($ millions)
      • Table Global biodiesel market by power generation 2016-2021
    • Global biodiesel market by others
      • Table Global biodiesel market by others 2016 and 2021 ($ millions)
      • Table Global biodiesel market by others 2016-2021
  • Geographical segmentation
    • Global biodiesel market by geography
      • Table Global biodiesel market by geography 2016 (% share of revenue)
      • Table Global biodiesel market by geography 2021 (% share of revenue)
    • Biodiesel market in Europe
      • Table Biodiesel market in Europe 2016 and 2021 ($ millions)
      • Table Biodiesel market in Europe 2016-2021
    • Biodiesel market in North America
      • Table Biodiesel market in North America 2016 and 2021 ($ millions)
      • Table Biodiesel market in North America 2016-2021
    • Biodiesel market in South America
      • Table Biodiesel market in South America 2016 and 2021 ($ millions)
      • Table Biodiesel market in South America 2016-2021
    • Biodiesel market in APAC
      • Table Biodiesel market in APAC 2016 and 2021 ($ millions)
      • Table Biodiesel market in APAC 2016-2021
    • Biodiesel market in ROW
      • Table Biodiesel market in ROW 2016 and 2021 ($ millions)
      • Table Biodiesel market in ROW 2016-2021
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Biofuels from spent bleaching earth
    • Growing demand for biodiesel in India
    • Rising fluctuation of biofuel prices
    • Proposal by the US on the reduction of biofuel consumption
  • Vendor landscape
    • Competitive scenario
    • Major market vendors
      • Table Global biodiesel market: Major vendors 2016
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Archer Daniels Midland
      • Table Archer Daniels Midland: Business segmentation 2016 (% share of revenue)
      • Table Archer Daniels Midland: Geographical segmentation 2016 (% share of revenue)
    • BIOX
      • Table BIOX Corporation: Geographical segmentation 2016 (% share of revenue)
    • Bunge
      • Table Bunge: Business segmentation 2016 (% share of revenue)
      • Table Bunge: Geographical segmentation 2016 (% share of revenue)
    • Cargill
      • Table Cargill: Products and services 2016
      • Table Cargill: Geographical segmentation 2016 (% share of revenue)
    • Wilmar International
      • Table Wilmar International: Business segmentation 2016 (% share of revenue)
      • Table Wilmar International: Geographical segmentation 2016 (% share of revenue)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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