Market Scenario
Biodiesel is the only form of renewable fuel that can be utilized across all energy segments namely electricity, heat and transportation which is one of the major contributing factors in the growth of the Biodiesel market. Increasing awareness regarding depleting non renewable energy sources and the need to integrate renewable energy sources has also contributed significantly to the increasing demand in the Biodiesel Market.
Hence the market for Biodiesel is expected to grow at XX% CAGR (2016-2027).
Competitive Analysis
The changes observed in terms of strategy creation and execution are changing the growth pace of the market. The gaps in the market are filled due to the implementation of proper supply chain strategies. Furthermore, the development of new products and services will add further incentive to the market growth. The setting for growth plans is fortified the market for Potential new entrants. The improvement in the products and services is the chief factor escalating the market’s productivity and controlling the trends that are acquiring prominence in the market. The external outlook that are inspiring the market expansion which is dependent on the practices and the strategic roadmaps used by market competitors. The noteworthy players shaping the market for biodiesel are INEOS New Planet BioEnergy, Enerkem, Canergy LLC, Abengoa bioenergy, Poet-DSM Advanced Biofuels LLC and Amyris.
Segments
The Biodiesel Market has been segmented on the basis of application as off grid electricity supply and transportation. On the basis of type the market has been segmented as Methanol , Biohydrogen
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Detailed Regional Analysis
The regional analysis of the biodiesel market consists of regions such as North America, Asia Pacific, Europe and rest of the world. The North American region is anticipated to control the biodiesel market primarily owing to the advantageous government regulations. The incorporation of biofuels is anticipated to increase in the North American region giving the market scope for further growth. The European and Asia Pacific region are the other key regions for the biodiesel market owing to the boost of the manufacturing sector in these regions.
Study Objectives of Biodiesel
- To provide detailed analysis of the market structure along with forecast for the next 10 years of the various segments and sub-segments of the global Biodiesel market
- To provide insights about factors affecting the market growth
- To Analyze the Biodiesel market based on various factors- price analysis, supply chain analysis, Porters five force analysis.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to six main geographies and their countries- North America, Europe, Asia-Pacific, South America, Middle East, and Africa
- To provide country level analysis of the market with respect to the current market size and future prospective
- To provide country level analysis of the market for segment by Type, by Application by and by region as well as its sub segments
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, and new product developments in the global Biodiesel market
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Industry Updates:
Sep 2018 The Biodiesel Association of India (BDAI) intends to launch used cooking oil Aggregation system in India under repurpose used cooking oil (RUCO). The used cooking oil is a major health hazard and must be converted into a clean fuel to reap its socio-economic benefits. The Food Safety and Standards Authority of India has set a goal of converting about 2.2 million tonnes of used cooking oil into biodiesel by 2022, which will save fuel valued at about Rs 12,000 crore.
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