Posts

Showing posts with the label Biodiesel Market Share

Biodiesel Market Is Estimated To Exhibit At USD 73.05 Billion By 2030

Image
  San Francisco, 12 Dec 2022:   The Report  Biodiesel Market  Size, Share & Trends Analysis Report By Feedstock (Vegetable Oils, Animal Fats), By Application (Fuel, Power Generation), By Region (Europe, APAC), And Segment Forecasts, 2022 - 2030 The global biodiesel market size is projected to reach USD 73.05 billion by 2030, expanding at a CAGR of 10.0% over the forecast period, according to a new report by Grand View Research, Inc. Growing demand for biodiesel as automobile fuel due to its eco-friendly properties, such as the reduced risk of GHG emissions, is expected to drive the industry growth. The market is distinguished by the presence of numerous players, the majority of whom are based in North America and Europe. Industry participants are embracing integration strategies to reduce their reliance on raw material suppliers and strengthen their position in the global industry .  In 2021, North America accounted for over USD 5,114.7 million. En...

Biodiesel Market Expected To Witness Growth At 7.3% CAGR By 2025: Grand View Research Inc.

Image
San Francisco, 9 December 2019:   The Report   Biodiesel Market   Analysis By Feedstock [Vegetable Oils (Canola Oil, Soybean Oil, Palm Oil, Corn Oil), Animal Fats (Poultry, Tallow, White Grease)], By Application (Fuel, Power Generation), And Segment Forecasts, 2018 – 2025 The global biodiesel market is expected to reach USD 54.8 billion by 2025, according to a new report by Grand View Research, Inc. 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 integratio...