There has been an unprecedented interest in biofuels over the past
decade, primarily due to increase in crude oil prices, as this is affecting the
economy of many countries that do not have significant oil and gas reserves.
High dependence on non-renewable fuels has resulted in economic as well as
environmental concerns, such as rising GHG emission levels. Several developing
and developed countries have implemented regulatory reforms, blending targets
and statutory norms regarding use of biofuels like biodiesel to offset the
growing environmental risk associated with conventional fuels.
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The feedstock used in the production of biodiesel are agriculture based
and can be grown locally, which reduces dependence on external markets.
Biodiesel feedstock will help those countries that are highly reliant on
agricultural income, as it will lead to optimal use of agricultural wasteland,
along with increasing employment opportunities. The feedstock used for the
production of biodiesel is also used as food, and this has resulted in conflict
with the food sector, leading to an industry-wide debate of "Food vs
Fuel." Diversion of feedstock toward production of fuel has led to a
shortage and increase in prices of food products. This led to the development
of second- and third-generation biodiesels, which use non-food crops as
feedstock.
Covered in this report
This report covers the present scenario and growth prospects of the
global biodiesel market for the period 2015-2019. To calculate the market size,
the report considers the annual production of biodiesel globally. It also
provides the geographical segmentation based on three major regions:
Americas
EMEA
APAC
Technavio's report, Global Biodiesel Market 2015-2019, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape of the global biodiesel market and its
growth prospects in the coming years. The report includes a discussion on the
key vendors operating in this market.
Key countries
Brazil
Germany
US
Key vendors
ADM
AGP
INEOS Enterprises
Neste
Renewable energy group
Other prominent
vendors
Archer Daniel Midland
Brazil Eco Energia
Louis Dreyfus Commodities
Petrobras
Market driver
Rising need for cleaner fuels
For a full, detailed list, view
our report
Market challenge
Insecurity regarding availability
of food
For a full, detailed list, view
our report
Contact
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Number
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Email
Us: sales@hexareports.com
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