Global Biodiesel Feedstock Market Overview:
Alkyl ester biodiesel is produced from renewable feedstocks such algae, vegetable oil, and animal fat waste. Additionally, the composition and characteristics of biodiesel are similar to those of petroleum-based diesel. Petro-diesel, often known as diesel, is a non-renewable fossil fuel made from crude oil that will eventually run out of supply. Due to the fact that diesel is manufactured from non-renewable resources, energy costs rise, particularly as crude oil supply declines. While glycerides, which make up the majority of the feedstock, are exchanged with the organic group of an alcohol during the transesterification reaction that results in the production of biodiesel and glycerol as a byproduct. One of the widely used biofuels is biodiesel, which is used extensively in the US, Brazil, Indonesia, Malaysia, France, Germany, and other European nations. From 3.5 million tonnes in 2005 to 16 million tonnes in 2010, 29 million tonnes in 2016, and an estimated 36.5 million tonnes or more in 2025, biodiesel output has increased significantly.
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Market Growth Drivers:
Increasing Energy Demand of the World Due To Rapidly Expanding Population and Accelerated Industrialization Is Primarily Satisfied By Non-Renewable Fossil Fuels
Food Shortage and Lack of Awareness Regarding the Biodiesel
High Cost of Production, Variation in Quality of Biodiesel and Not Suitable for Use in Low Temperatures
Rise Biofuel Demand Has Contributed To Higher World Food and Feed Prices, Rises Energy Security, Expands Air Quality and the Environment and Offers Safety Benefits
Due to its renewable status and favourable effects on the environment, biodiesel is a potential and increasingly alluring fuel for diesel engines. The primary factor to consider is the greater cost of biofuels compared to fossil fuel. The cost of producing biodiesel is thought to be effectively reduced by using low-quality feedstocks, such as animal fats and non-edible oils, which do not compete with the food supply or the land used for growing food. The current work illustrates various treatment procedures to lower the high FFA content of the feedstock. Since glycerolysis is quicker, less hazardous, and more affordable than acid esterification, it offers numerous advantages over that process. There has been little research done on glycerolysis therapy; additional research and debate are needed.
Some of the key players profiled in the report are Archer Daniels Midland Co. (United States), Avril Group (France), Biocube Corp. (United States), Cargill Inc. (United States), Crimson Renewable Energy LLC (United States), Emami Agrotech Ltd. (India), Fathopes Energy (Malaysia), German Biofuels Gmbh (Germany), Ineos Group Ltd. (United Kingdom) and Louis Dreyfus Co. (Netherlands). Additionally, following companies can also be profiled that are part of our coverage like Manuelita S.A. (Colombia), Renewable Biofuels Inc. (United States), Renewable Energy Group (United States), Western Dubuque Biodiesel LLC, (United States) and Wilmar International Ltd. (Singapore). Analyst at AMA Research see United States Vendors to retain maximum share of Global Biodiesel Feedstock market by 2027. Considering Market by Generation, the sub-segment i.e. First Generation (Sugar, Starch, Oil Bearing) will boost the Biodiesel Feedstock market. Considering Market by Categories, the sub-segment i.e. Edible Vegetable Oil will boost the Biodiesel Feedstock market.
Latest Market Insights:
In 2021, Farmers Business Network (FBN) and Archer Daniels Midland (ADM) disclosed that FBN's most recent capital funding round included an equity investment from ADM, and that the two organisations also signed a letter of intent to strengthen their current partnership through a variety of potential future areas of collaboration.
In 2022, EnDura Fuels, a line of branded fuel solutions, has been introduced by Renewable Energy Group, Inc. to support the company's efforts in the switch to more environmentally friendly fuels. The company wants to increase the transport sector's position in the market while assisting it in achieving its goals for sustainability and corporate success.
What Can be Explored with the Biodiesel Feedstock Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Biodiesel Feedstock Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Biodiesel Feedstock
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Biodiesel Feedstock market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Biodiesel Feedstock market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.