Hyderabad, India, March 10, 2017 (GLOBE NEWSWIRE) -- The report “Biodiesel Market: By Source (Vegetable Oil, Animal Fat, Biomass and Others); By Blend (B100, B20, B5 and Others); By Application (Automotive, Aviation, Industrial, Marine and Others); By Geography -Forecast (2017-2022)”, published by IndustryARC, estimates that the market will grow rapidly due to high conventional diesel and low biodiesel prices.
Browse 20 Market Tables, 50 Figures spread through 141 Pages and an in-depth TOC on “Biodiesel Market 2017-2022”
http://industryarc.com/Report/11699/biodiesel-market-analysis.html
Energy is the major need for development of any country. With the increasing population more and more energy is needed to support different activities in both economic and social development aspect. Scarcity of fossil fuels which are the primary source of energy drives to develop other alternate energy sources. Biodiesel is one of those innovative developments which can be used as a replacement to the conventional petroleum diesel. The advantages of biodiesel are, it is bio-degradable, non-toxic, very low sulphur content and 60% less carbon dioxide emission.
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Competitive landscape for each of these product segments is highlighted. Different methods of synthesis are used in the production of biodiesel, such as pyrolysis, dilution, microemulsion, transesterification. The global biodiesel market is evaluated based on key sources or feedstock of production such as vegetable oil, animal fat, and others. Biodiesel market can be segmented based on the blend proportion such as B100, B20, B5 and more. The major end-users of biodiesel are automotive, aviation, industrial, marine, mining, agriculture and more. The global market is also segmented to the regional level such as Americas, Europe, APAC and RoW. This report gives the detailed information about the product value chain right from the beginning, which as the power in the hands of producers and consumers, analysis of the degree of competition, and threats of substitutes and new entrants. Apart from the above, the report also includes raw materials till end-use. Among a wide range of manufacturers which contribute to the global biodiesel market, some major players dominating the biodiesel industry are Archer Daniels Midland Company, Neste Corporation, Renewable Energy Group, Inc., Solazyme Inc. and others.
The quantitative and qualitative data collected for the biodiesel market report is from a combination of secondary and primary sources. Research interviews were conducted with senior executives and/or managers of leading global biodiesel producers. These Key Opinion Leaders (KOLs) were then provided a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends. Data from interviews is consolidated, checked for consistency and accuracy, and the final market numbers are again validated by experts. The global biodiesel market was split by method of synthesis, source, blends, end-user and region based on different factors like primary and secondary sources, understanding of the number of companies operating in each segment and also KOL insights.
Scope & Regional Forecast of the Biodiesel Market:
Governments are growing more anxious about replacing fossil fuels with biodiesel fuel and have passed a slew of initiatives and regulations to ensure that the transition takes place at a faster rate. One example of the rapidly growing biodiesel production plans can be found in Maui, Hawaii as Pacific Biodiesel Technologies is preparing to farm 115 acres filled with biofuel crop. With the spread of biodiesel information and production projects, the price of biodiesel fuel is also falling and leading to greater adoption rates.
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Research has also conclusively found that biodiesel emissions contain 60% less carbon dioxide when compared to fossil fuels. The Biodiesel Market also managed to transmit other benefits like its rapid biodegradable and non-toxic nature to the public. The Biodiesel Market expects markets like China and India to be key future growth drivers as the vehicles used in the region largely run on conventional diesel, whose price is relatively higher.
Prominent Segmentations Involved in the Biodiesel Market:
The Biodiesel Market can be broken down into various segmentations on the basis of -
- Method of Synthesis: Pyrolyisis, Dilution, Microemulsion and Transesterification.
- Source: Vegetable Oils (Edible oils, Non-edible oils), Animal Fat and Others (Bacteria, Algae, Fungi, Biomass).
- Blends: B100, B20, B5 and Others.
- Application: Automotive, Aviation, Industrial, Marine, Heating fuel, Mining sector, Agriculture and Others.
- Geographical Location: Americas, Europe, Asia-Pacific and Rest of the World.
Some of the sample companies profiles in the Biodiesel Market report are as follows:
- Renewable Energy Group, Inc.
- Archer Daniels Midland Company
- Biocosta Green Energy S.A.
- Atlantic Biodiesel Corporation
- Longyan Zhuoyue New Energy Co.,Ltd.
- Atlantic Biodiesel Corporation
Key Insights:
- Germany is the largest biodiesel producer in the globe, which accounts around 40% of the global production
- A unique microwave process is developed to convert used cooking oil (UCO) and other tested feedstock to biodiesel with methanol and a solid catalyst, strontium oxide (SrO)
- Renewable Energy Group Inc. announced in July 2015 that it will invest $31 million to upgrade and enhance the company's 45 MMgy biodiesel plant in Danville, Illinois.
- BioPower Operations Corp. announced in July 2015, that its wholly owned subsidiary Green3Power will build a Fischer-Tropsch synthetic diesel plant at the St. Lucie County Solid Waste Management Facility in Florida
- Renewable Energy Group Inc. has acquired Imperium's assets including 100 MMgy biodiesel refinery plant
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Why buy this report?
- The overall market has been consolidated from the perspective of different geographic locations and key economies for this market.
- Identifies growth sectors and factors driving or constraining the market.
- The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants.
- The study includes the demand of this particular market on a global and regional scale for a six year period of 2017 - 2022, to assess how the market will develop.
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