Bio Diesel is a renewable transportation fuel produced from biomass. Biodiesel also has lower human toxicity also it is readily biodegradable. It is seen that Biofuels are one of the most viable options for reducing CO2 emissions in the transport sector but due to several limitations, only 4% of the total transportation fuel consumption is from plant-based biofuel. Biodiesel is made from a diverse mix of vegetable oil, soybean oil, animal fat and etc. Biodiesel is made through a chemical process called transesterification whereby the glycerin is separated from the fat or vegetable oil. The process leaves behind two products – methyl esters and glycerin. Methyl esters are the chemical name for biodiesel and glycerin is used in a variety of products, including soap. With careful and deliberate growth keeping the focus on sustainability biodiesel has its early growth. Biodiesel works seamlessly with existing infrastructure and vehicles, and the industry has spent significant time documenting and showcasing the fuel’s abilities. Today, more than 78 percent of diesel vehicles coming off production lines are approved for up to B20 use.
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The key Manufacturers profiled in the report are Neste Oil Rotterdam (Netherlands), Diester Industries (France), ADM (United States), Bionor (Norway), EnviTec Biogas AG (Germany), Drax Group (United Kingdom), STRABAG SE (Austria), Pinnacle Renewable Energy Inc (Canada), Enerkem (Canada), Green Plains Inc. (United States) and POET (United States).
- Government Subsidies For Biodiesel As It Is Environmental Friendly Fuel Which Does Not Contribute To Pollution Or Greenhouse Gas Emission.
- World Turning Towards Alternative Fuel To Contribute To Sustainability Will Be A Major Contributor Towards Growth Of Bio Deiseal As It Has A Potential Of Reduced Emission Of Greenhouse Gas.
- Technological Advancement Is Not As It Requires Causing In Fuel Injection Equipment To Corrode.
Geographic Breakdown and Segment Analysis
The Global Biodiesel Fuel market presents a comprehensive analysis of the Biodiesel Fuel market by product type (Pure Biodiesel Fuel and Non-pure Biodiesel Fuel), by end-user/application (Industrial Fuels, Transportation Fuels and Chemical Industry), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up.
This section of our report presents a realistic picture of the Global Biodiesel Fuel industry. Investors and Manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the holds majority of market share of the Biodiesel Fuel market
Analyst at AMA have segmented the market study of Global Biodiesel Fuel market by Type, Application and Region.. .
Market Developments Activities:
The latest study from Trinity Consultants, conducted on 15 high-risk air quality communities coast-to-coast, reinforces that switching to biodiesel results in substantial health benefits. Specifically, the benefits include decreased cancer risk, fewer premature deaths, reduced asthma attacks and fewer lost workdays. B100 can achieve these benefits by reducing pollution in applications among the hardest to decarbonize –heavy-duty transportation and residential heating.
Regulatory Insights:Texas State agency fleets with more than 15 vehicles, excluding emergency and law enforcement vehicles, may not purchase or lease a motor vehicle unless the vehicle uses natural gas, propane, ethanol or fuel blends of at least 85% ethanol (E85), methanol or fuel blends of at least 85% methanol (M85), biodiesel or fuel blends of at least 20% biodiesel (B20), or electricity (including plug-in hybrid electric vehicles). Waivers may be granted for fleets if the fleet will operate primarily in areas where neither the state agency or a supplier can reasonably be expected to establish adequate fuelling infrastructure for these fuels or the agency is unable to obtain equipment or fuelling facilities necessary to operate alternative fuel vehicles at a cost that is no greater than the net costs of using conventional fuels. The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target AudienceBiofuel manufacturers, New Entrants and Investors, Biodegradable Foodservice Disposables Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Why many important players are not profiled in the study?
Due to pricing constraints we only profile limited players in the study that includes a mix list of leaders and emerging players, however for evaluation of market size the coverage includes 100+ players.
2. How big is the Biodiesel Fuel Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027
3. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, in case you wish to add or remove certain country or profiled players.
4. What are the key industry trends of the Biodiesel Fuel Market ?
- Need For Fuel With Reduced Greenhouse Gas Emission And Increase In Awareness About Climate Change.