Global Biodiesel Market Growth 2019-2024
Table of Contents
2019-2024 Global Biodiesel Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Biodiesel Consumption 2014-2024
- 2.1.2 Biodiesel Consumption CAGR by Region
- 2.2 Biodiesel Segment by Type
- 2.2.1 Rapeseed Oil Based Feedstock
- 2.2.2 Soybean Oil Based Feedstock
- 2.2.3 Waste and Residues Based Feedstock
- 2.2.4 Other
- 2.3 Biodiesel Consumption by Type
- 2.3.1 Global Biodiesel Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Biodiesel Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Biodiesel Sale Price by Type (2014-2019)
- 2.4 Biodiesel Segment by Application
- 2.4.1 Industrial Fuels
- 2.4.2 Transportation Fuels
- 2.4.3 Chemical Industry
- 2.5 Biodiesel Consumption by Application
- 2.5.1 Global Biodiesel Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Biodiesel Value and Market Share by Application (2014-2019)
- 2.5.3 Global Biodiesel Sale Price by Application (2014-2019)
3 Global Biodiesel by Players
- 3.1 Global Biodiesel Sales Market Share by Players
- 3.1.1 Global Biodiesel Sales by Players (2017-2019)
- 3.1.2 Global Biodiesel Sales Market Share by Players (2017-2019)
- 3.2 Global Biodiesel Revenue Market Share by Players
- 3.2.1 Global Biodiesel Revenue by Players (2017-2019)
- 3.2.2 Global Biodiesel Revenue Market Share by Players (2017-2019)
- 3.3 Global Biodiesel Sale Price by Players
- 3.4 Global Biodiesel Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Biodiesel Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Biodiesel Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Biodiesel by Regions
- 4.1 Biodiesel by Regions
- 4.1.1 Global Biodiesel Consumption by Regions
- 4.1.2 Global Biodiesel Value by Regions
- 4.2 Americas Biodiesel Consumption Growth
- 4.3 APAC Biodiesel Consumption Growth
- 4.4 Europe Biodiesel Consumption Growth
- 4.5 Middle East & Africa Biodiesel Consumption Growth
5 Americas
- 5.1 Americas Biodiesel Consumption by Countries
- 5.1.1 Americas Biodiesel Consumption by Countries (2014-2019)
- 5.1.2 Americas Biodiesel Value by Countries (2014-2019)
- 5.2 Americas Biodiesel Consumption by Type
- 5.3 Americas Biodiesel Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Biodiesel Consumption by Countries
- 6.1.1 APAC Biodiesel Consumption by Countries (2014-2019)
- 6.1.2 APAC Biodiesel Value by Countries (2014-2019)
- 6.2 APAC Biodiesel Consumption by Type
- 6.3 APAC Biodiesel Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Biodiesel by Countries
- 7.1.1 Europe Biodiesel Consumption by Countries (2014-2019)
- 7.1.2 Europe Biodiesel Value by Countries (2014-2019)
- 7.2 Europe Biodiesel Consumption by Type
- 7.3 Europe Biodiesel Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Biodiesel by Countries
- 8.1.1 Middle East & Africa Biodiesel Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Biodiesel Value by Countries (2014-2019)
- 8.2 Middle East & Africa Biodiesel Consumption by Type
- 8.3 Middle East & Africa Biodiesel Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Biodiesel Distributors
- 10.3 Biodiesel Customer
11 Global Biodiesel Market Forecast
- 11.1 Global Biodiesel Consumption Forecast (2019-2024)
- 11.2 Global Biodiesel Forecast by Regions
- 11.2.1 Global Biodiesel Forecast by Regions (2019-2024)
- 11.2.2 Global Biodiesel Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Biodiesel Forecast by Type
- 11.8 Global Biodiesel Forecast by Application
12 Key Players Analysis
- 12.1 Diester Industries
- 12.1.1 Company Details
- 12.1.2 Biodiesel Product Offered
- 12.1.3 Diester Industries Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Diester Industries News
- 12.2 Neste Oil
- 12.2.1 Company Details
- 12.2.2 Biodiesel Product Offered
- 12.2.3 Neste Oil Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Neste Oil News
- 12.3 ADM
- 12.3.1 Company Details
- 12.3.2 Biodiesel Product Offered
- 12.3.3 ADM Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 ADM News
- 12.4 Infinita Renovables
- 12.4.1 Company Details
- 12.4.2 Biodiesel Product Offered
- 12.4.3 Infinita Renovables Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Infinita Renovables News
- 12.5 Biopetrol
- 12.5.1 Company Details
- 12.5.2 Biodiesel Product Offered
- 12.5.3 Biopetrol Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Biopetrol News
- 12.6 Cargill
- 12.6.1 Company Details
- 12.6.2 Biodiesel Product Offered
- 12.6.3 Cargill Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Cargill News
- 12.7 Ital Green Oil
- 12.7.1 Company Details
- 12.7.2 Biodiesel Product Offered
- 12.7.3 Ital Green Oil Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Ital Green Oil News
- 12.8 Glencore
- 12.8.1 Company Details
- 12.8.2 Biodiesel Product Offered
- 12.8.3 Glencore Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Glencore News
- 12.9 Louis Dreyfus
- 12.9.1 Company Details
- 12.9.2 Biodiesel Product Offered
- 12.9.3 Louis Dreyfus Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.9.4 Main Business Overview
- 12.9.5 Louis Dreyfus News
- 12.10 Renewable Energy Group
- 12.10.1 Company Details
- 12.10.2 Biodiesel Product Offered
- 12.10.3 Renewable Energy Group Biodiesel Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.10.4 Main Business Overview
- 12.10.5 Renewable Energy Group News
- 12.11 RBF Port Neches
- 12.12 Ag Processing
- 12.13 Elevance
- 12.14 Marathon Petroleum Corporation
- 12.15 Evergreen Bio Fuels
- 12.16 Minnesota Soybean Processors
- 12.17 Caramuru
- 12.18 Jinergy
- 12.19 Hebei Jingu Group
- 12.20 Longyan Zhuoyue
- 12.21 Greenergy UK
- 12.22 Biodiesel Amsterdam
- 12.23 SunOil
- 12.24 Petrotec
- 12.25 Biocom
- 12.26 SARIA Bio-Industries
- 12.27 Biodiesel Aragon
- 12.28 Bionor
- 12.29 Iniciativas Bioenergeticas
13 Research Findings and Conclusion
Biodiesel is produced from vegetable oils or animal fats after conversion into a range of fatty acid methyl or ethyl esters (esterification), a sustainable replacement for fossil diesel that significantly reduces carbon emissions and makes environmental sustainability a commercial proposition.
First, biodiesel is a renewable fuel that can be manufactured from vegetable oils, animal fats, or recycled restaurant grease for use in diesel vehicles. Biodiesel's physical properties are similar to those of petroleum diesel, but it is a cleaner-burning alternative.
Second, the market of biodiesel is quite separated. In 2016, the market share of the five largest companies accounted for 22.04% of global market, which are Renewable Energy Group, Diester Industries, Neste Oil, ADM and Louis Dreyfus. The global production of biodiesel reached 26567 K MT in 2015. EU is the biggest production base and consumption area of biodiesel, followed by USA, South America and China. Though enjoying a high share in fuel market, in many European countries, the biodiesel industry are threatened by overcapacity. In China, the market of biodiesel fuel is also in a tough situation, since governmental supports from local authorities are very limited.
Third, the raw materials of biodiesel are mainly vegetable oils. Biodiesel derived from rapeseed oil and soybean oil forms the largest segment of the overall market. The biodiesel market offers immense opportunities countries such as U.K., India, and China, as these regions have high diesel fuel prices and a large number of diesel fueled vehicles. Generally, the price of biodiesel fluctuates with the price of raw material. However, the impact of diesel fuel on biodiesel is the major factor. Since 2015, the sharp decrease of diesel price also triggered the trending down of biodiesel price, which made small scale manufacturers hard to survive.
Fourth, the application of biodiesel can be classified as industrial fuels, transportation fuels and chemical industry. The primary use of biodiesel is transportation fuels, which account for 58.92% in 2015. Industrial fuels and chemical industry also play important role in the whole supply chain. Regionally, biodiesel is the most common biofuel in Europe, while its consumption in China is more concentrated in chemical use.
Fifth, the global biodiesel market is expected to be worth $24.11 billion in 2022. South America is estimated to be the most promising region for biodiesel market, and the sluggish of biodiesel in China would be expected to be changed in the coming years.
Sixth, while growth may be affected by feedstock availability issues and the food v/s fuel debate, the market is expected to witness a paradigm shift with the increasing conversion efficiency of existing feedstock, and the development of newer feedstock sources such as algae.
According to this study, over the next five years the Biodiesel market will register a 1.6% CAGR in terms of revenue, the global market size will reach US$ 24800 million by 2024, from US$ 22600 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biodiesel business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Biodiesel market by product type, application, key manufacturers and key regions and countries.
This study considers the Biodiesel value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rapeseed Oil Based Feedstock
Soybean Oil Based Feedstock
Waste and Residues Based Feedstock
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial Fuels
Transportation Fuels
Chemical Industry
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Diester Industries
Neste Oil
ADM
Infinita Renovables
Biopetrol
Cargill
Ital Green Oil
Glencore
Louis Dreyfus
Renewable Energy Group
RBF Port Neches
Ag Processing
Elevance
Marathon Petroleum Corporation
Evergreen Bio Fuels
Minnesota Soybean Processors
Caramuru
Jinergy
Hebei Jingu Group
Longyan Zhuoyue
Greenergy UK
Biodiesel Amsterdam
SunOil
Petrotec
Biocom
SARIA Bio-Industries
Biodiesel Aragon
Bionor
Iniciativas Bioenergeticas
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Biodiesel consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Biodiesel market by identifying its various subsegments.
Focuses on the key global Biodiesel manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Biodiesel with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Biodiesel submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.