DUBLIN--(BUSINESS WIRE)--The "Global Biodiesel Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.
The Global Biodiesel Market is expected to reach US$ 53.6 Bn by 2025, expanding at a CAGR of 4.4% during the forecast period 2017 - 2025.
Biodiesel market is expected to witness significant growth in biodiesel production across various countries along with increasing application of biodiesel across various industries including automotive, marine, agriculture, railway, power generation and mining.
Growing fuel consumption in key emerging economies including India, China and others and increasing focus on reducing the dependency on fossil fuel attracting the investment in alternate sources of energy such as biodiesel.
Growth in food industry driving the production of feed stock made from residue of soybean oil, corn oil, canola oil and animal fats enabling the handiness of feed stock required for production of biodiesel which in turn is fueling the production of biodiesel over the forecast period.
Growing use of biodiesel in blending with diesel fuel coupled with regulatory support such as necessary blending of 10% of biodiesel in diesel fuel is projected to drive the growth of the segment during the forecast period.
Europe was estimated to be the largest market for biodiesel in 2016. High availability of feedstock due to strong presence of manufacturing industries especially in Germany, France, and Italy is projected to drive the demand for biodiesel in the region during the forecast period.
Asia Pacific is anticipated to be the fastest growing region in global biodiesel market. High energy demand coupled with availability growing inclination towards the reducing the imports of fossil fuel especially in India and China is projected to drive the growth of the global biodiesel market.
Key Topics Covered:
2. Executive Summary
3. Global Biodiesel Market Dynamics
4. Global Biodiesel Market Size & Forecast (Mn Tons) (US$ Bn), By Source, 2015 - 2025
5. Global Biodiesel Market Size & Forecast (Mn Tons) (US$ Bn), By Application, 2015 - 2025
6. Global Biodiesel Market Size & Forecast (Mn Tons) (US$ Bn), By Geography, 2015 - 2025
7. Company Profiles
- A.P. Moller-Maersk Group
- China COSCO Shipping Corporation Limited
- Mediterranean Shipping Company S.A.
- CMA CGM
- Hanjin Shipping Co. Ltd
- Kawasaki Kisen Kaisha, Ltd.
- Evergreen Marine Corporation
- Hyundai Merchant Marine
For more information about this report visit https://www.researchandmarkets.com/research/cc7mbw/global_biodiesel