Biodiesel Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, Indonesia, Thailand, India, Brazil - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 167 SKU: IRTNTR70569

Biodiesel Market Forecast 2024-2028

 The biodiesel market size is forecast to increase by USD 16.71 billion, at a CAGR of 7.38% between 2023 and 2028. The report includes historic market data from 2018 - 2022. The market is witnessing a growing demand for biofuel from spent bleaching earth, the growing demand for biodiesel in India, and the expansion of advanced biodiesel.

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Market Trends 

A key factor shaping the market growth is the biofuel from spent bleaching earth. Over the years, the use has increased due to its advantages such as the cost benefits, renewable, clean, and reduced level of pollution. However, the market growth is hampered by its high cost of production. Therefore, to overcome this, manufacturers are trying to adopt strategies such as the use of an efficient catalyst, cheap raw materials, and advanced technologies.

Moreover, the bleaching clay used for the refining process in the oil industry contains 25-40% oil. In addition, these are disposed into the environment through various techniques.  Furthermore, this spent bleaching clay has been recycled using the base-catalyzed transesterification technique to produce biofuel at a reduced raw material cost. Hence, such factors are driving the market growth during the forecast period.

Market Largest-Growing Segments 

The transport fuel segment is estimated to witness significant growth during the forecast period. Biodiesel is the best substitute for regular diesel for diesel engines. In addition, the biggest advantage over gasoline and petroleum diesel is that it is environment-friendly. Furthermore, it has better efficiency in CI engines than gasoline.

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The transport fuel segment was the largest segment and was valued at USD 25.90 billion in 2018. Moreover, in Europe, biodiesel accounts for more than 80% of the biofuel market, as its use in automobiles is increasing. In addition, the rising use of this product in this region is promoting market growth as an alternative fuel. Furthermore, in India, it is on the verge of growth, as the country has been continuously investing in the manufacturing, which will increase its use in the transportation industry. For instance, states, such as Karnataka, have already started operating buses using this type of diesel, which will help reduce greenhouse gases in the country to some extent. Hence, such factors are driving the growth of this segment which in turn drives the market growth during the forecast period.

Market Regional Analysis

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APAC is estimated to contribute 49% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Its production in Indonesia has been increasing since 2016 due to the new reference price for calculating subsidies. In addition, production will increase due to the rising domestic blending requirements, with exports remaining marginal. Moreover, in developing countries such as India, the adoption will grow in the coming years.  In addition, this is attributed to the expansion of biofuel plants, from which a major portion of the production is expected to happen in the coming years. Furthermore, the Government of India has also been encouraging oil manufacturing companies to invest in the biofuel industries. Hence, such factors are driving the market growth in APAC during the forecast period.

Key Drivers of the Market

One of the key factors driving the market growth is the positive impact on the environment. The use in different end-user industries has helped to reduce greenhouse gas emissions. In addition, it produces carbon dioxide, which is absorbed by plants during photosynthesis. Furthermore, it is used along with petroleum diesel to create a balanced energy policy to keep the environment free from harmful pollutants such as NOx.

Moreover, biodiesel is non-toxic, biodegradable, and safe to handle and transport. In addition, the US Environment Protection Agency (EPA) has been mandated to use biodiesel, as there are regulations on the use of ethanol and biodiesel in the US. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Significance Challenges of Market

Growing demand for electric vehicles in the automotive industry is one of the key challenges hindering market growth. It is a major substitute for petroleum diesel for automotive engines. However, due to its poor fuel efficiency, it is less suitable for low-temperature applications. Furthermore, several other drawbacks affect the overall performance efficiency of automobiles.

Moreover, due to the requirement of high engine efficiency, electric vehicles have gained popularity in Europe and North America. In addition, the use of electric vehicles around the globe has hindered the growth of the global market. Furthermore, the alternative use of electric vehicles will have a negative impact on the global market growth. Hence, such factors are hindering the market growth during the forecast period.

Market Customer Landscape

The market research report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Customer Landscape

Major Biodiesel Market Companies

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Altenesol LLC: The company offers biodiesel such as B100, B20, and B5 which are used in injection pump diesel engines, extreme high pressure common rail engines, and generators.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

  • Aemetis Inc.
  • Ag Processing Inc.
  • Archer Daniels Midland Co.
  • Argent Energy UK Ltd.
  • AVRIL SCA
  • Bunge Ltd.
  • Cargill Inc.
  • Chevron Corp.
  • Crimson Renewable Energy LLC
  • FutureFuel Corp.
  • KFS Biodiesel GmbH and Co. KG
  • Kotyark Industries Ltd.
  • Louis Dreyfus Co. BV
  • Munzer Bioindustrie GmbH
  • Neste Corp.
  • PTT Global Chemical Public Co. Ltd.
  • RB FUELS
  • Vance Group Ltd.
  • Wilmar International Ltd.

Qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and analysis and growth opportunities from 2018 to 2028. 

  • Application Outlook
    • Transport fuel
    • Power generation
    • Others
  • Type Outlook
    • Vegetable oil
    • Animal fats
    • Others
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is driven by the increasing demand for eco-friendly alternatives to fossil fuels in automotive applications. Derived from agricultural feedstock such as vegetable oils, poultry, tallow, and white grease, biodiesel offers compatibility with existing infrastructure and reduces greenhouse gas emissions compared to traditional fuels like crude oil. Government mandates and incentives further boost production capacity and research and development efforts in biodiesel technology.

Used cooking oil (UCO), rapeseed, and palm oil production contribute significantly to biodiesel production, catering to power generation applications and the marine industry. As governments prioritize renewable energy sources and mechanization in the agricultural sector, biodiesel emerges as a sustainable solution to address the demand-supply gap while mitigating the environmental impact of volatile organic compounds (VOCs) associated with fossil fuels.

Market Scope

Report Coverage

Details

Page number

167

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.38%

Market Growth 2024-2028

USD 16.71 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.28

Regional analysis

APAC, North America, Europe, South America, and the Middle East and Africa

Performing market contribution

APAC at 49%

Key countries

US, Indonesia, Thailand, India, and Brazil

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Aemetis Inc., Ag Processing Inc., Altenesol LLC, Archer Daniels Midland Co., Argent Energy UK Ltd., AVRIL SCA, Bunge Ltd., Cargill Inc., Chevron Corp., Crimson Renewable Energy LLC, FutureFuel Corp., KFS Biodiesel GmbH and Co. KG, Kotyark Industries Ltd., Louis Dreyfus Co. BV, Munzer Bioindustrie GmbH, Neste Corp., PTT Global Chemical Public Co. Ltd., RB FUELS, Vance Group Ltd., and Wilmar International Ltd.

Market dynamics

Parent market analysis, market growth and trends, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global biodiesel market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global biodiesel market 2018 - 2022 ($ billion)
    • 4.2 Application Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Transport fuel - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Transport fuel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Transport fuel - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Transport fuel - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Transport fuel - Year-over-year growth 2023-2028 (%)
    • 6.4 Power generation - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Power generation - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Power generation - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
    • 6.5 Others - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 46: Market opportunity by Application ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Vegetable oil - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Vegetable oil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Vegetable oil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Vegetable oil - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Vegetable oil - Year-over-year growth 2023-2028 (%)
    • 7.4 Animal fats - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Animal fats - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Animal fats - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Animal fats - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Animal fats - Year-over-year growth 2023-2028 (%)
    • 7.5 Others - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 7.6 Market opportunity by Type
      • Exhibit 64: Market opportunity by Type ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 Indonesia - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Indonesia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Indonesia - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Indonesia - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Brazil - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Brazil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Brazil - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
    • 9.11 Thailand - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Thailand - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Thailand - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Thailand - Year-over-year growth 2023-2028 (%)
    • 9.12 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 Altenesol LLC
              • Exhibit 119: Altenesol LLC - Overview
              • Exhibit 120: Altenesol LLC - Product / Service
              • Exhibit 121: Altenesol LLC - Key offerings
            • 12.4 Archer Daniels Midland Co.
              • Exhibit 122: Archer Daniels Midland Co. - Overview
              • Exhibit 123: Archer Daniels Midland Co. - Business segments
              • Exhibit 124: Archer Daniels Midland Co. - Key offerings
              • Exhibit 125: Archer Daniels Midland Co. - Segment focus
            • 12.5 Argent Energy UK Ltd.
              • Exhibit 126: Argent Energy UK Ltd. - Overview
              • Exhibit 127: Argent Energy UK Ltd. - Product / Service
              • Exhibit 128: Argent Energy UK Ltd. - Key offerings
            • 12.6 AVRIL SCA
              • Exhibit 129: AVRIL SCA - Overview
              • Exhibit 130: AVRIL SCA - Product / Service
              • Exhibit 131: AVRIL SCA - Key offerings
            • 12.7 Bunge Ltd.
              • Exhibit 132: Bunge Ltd. - Overview
              • Exhibit 133: Bunge Ltd. - Business segments
              • Exhibit 134: Bunge Ltd. - Key news
              • Exhibit 135: Bunge Ltd. - Key offerings
              • Exhibit 136: Bunge Ltd. - Segment focus
            • 12.8 Cargill Inc.
              • Exhibit 137: Cargill Inc. - Overview
              • Exhibit 138: Cargill Inc. - Product / Service
              • Exhibit 139: Cargill Inc. - Key news
              • Exhibit 140: Cargill Inc. - Key offerings
            • 12.9 Chevron Corp.
              • Exhibit 141: Chevron Corp. - Overview
              • Exhibit 142: Chevron Corp. - Business segments
              • Exhibit 143: Chevron Corp. - Key news
              • Exhibit 144: Chevron Corp. - Key offerings
              • Exhibit 145: Chevron Corp. - Segment focus
            • 12.10 KFS Biodiesel GmbH and Co. KG
              • Exhibit 146: KFS Biodiesel GmbH and Co. KG - Overview
              • Exhibit 147: KFS Biodiesel GmbH and Co. KG - Product / Service
              • Exhibit 148: KFS Biodiesel GmbH and Co. KG - Key offerings
            • 12.11 Kotyark Industries Ltd.
              • Exhibit 149: Kotyark Industries Ltd. - Overview
              • Exhibit 150: Kotyark Industries Ltd. - Product / Service
              • Exhibit 151: Kotyark Industries Ltd. - Key offerings
            • 12.12 Louis Dreyfus Co. BV
              • Exhibit 152: Louis Dreyfus Co. BV - Overview
              • Exhibit 153: Louis Dreyfus Co. BV - Business segments
              • Exhibit 154: Louis Dreyfus Co. BV - Key offerings
              • Exhibit 155: Louis Dreyfus Co. BV - Segment focus
            • 12.13 Neste Corp.
              • Exhibit 156: Neste Corp. - Overview
              • Exhibit 157: Neste Corp. - Business segments
              • Exhibit 158: Neste Corp. - Key news
              • Exhibit 159: Neste Corp. - Key offerings
              • Exhibit 160: Neste Corp. - Segment focus
            • 12.14 PTT Global Chemical Public Co. Ltd.
              • Exhibit 161: PTT Global Chemical Public Co. Ltd. - Overview
              • Exhibit 162: PTT Global Chemical Public Co. Ltd. - Business segments
              • Exhibit 163: PTT Global Chemical Public Co. Ltd. - Key news
              • Exhibit 164: PTT Global Chemical Public Co. Ltd. - Key offerings
              • Exhibit 165: PTT Global Chemical Public Co. Ltd. - Segment focus
            • 12.15 RB FUELS
              • Exhibit 166: RB FUELS - Overview
              • Exhibit 167: RB FUELS - Product / Service
              • Exhibit 168: RB FUELS - Key offerings
            • 12.16 Vance Group Ltd.
              • Exhibit 169: Vance Group Ltd. - Overview
              • Exhibit 170: Vance Group Ltd. - Product / Service
              • Exhibit 171: Vance Group Ltd. - Key offerings
            • 12.17 Wilmar International Ltd.
              • Exhibit 172: Wilmar International Ltd. - Overview
              • Exhibit 173: Wilmar International Ltd. - Business segments
              • Exhibit 174: Wilmar International Ltd. - Key news
              • Exhibit 175: Wilmar International Ltd. - Key offerings
              • Exhibit 176: Wilmar International Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 177: Inclusions checklist
                • Exhibit 178: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 179: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 180: Research methodology
                • Exhibit 181: Validation techniques employed for market sizing
                • Exhibit 182: Information sources
              • 13.5 List of abbreviations
                • Exhibit 183: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              biodiesel market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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