Growing popularity of renewable and clean energy sources helps propel biodiesel market forward – Queen Anne and Mangolia News

250-page biodiesel survey by Fact MR, a leading market and competitive intelligence provider

The latest industry survey by Fact MR predicts biodiesel sales to grow at propelled CAGR through 2031, as sales of chemicals and materials gradually recover from disruptions caused by COVID-19. The report aims to provide insights into hidden growth opportunities and challenges. It also provides recommendations to help businesses prepare for unforeseen challenges.

Market intelligence research therefore includes demographic analysis so that market players can plan their product and marketing strategy. It offers sales prospects in more than 20 countries. It identifies the most lucrative segments to help companies create winning strategies for the future.

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The report offers actionable and valuable insights into the biodiesel market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for biodiesel across various industries and regions.

Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of biodiesel. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Biodiesel Market

This newly published and insightful report sheds light on the Biodiesel Market outlook, key dynamics, their impact on the overall value chain from suppliers to end users and the growth of Biodiesel.

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Report attributes Details
Biodiesel Market Size (2020) US$90.4 billion
Projected annual value (2031) US$187.6 billion
Global Market Growth Rate (2021-2031) 6.9% CAGR
Profiled Key Companies
  • TerraVia Investments
  • Cargill
  • Archer Daniels Midland Company
  • Wilmar International Limited
  • Bunge Limited
  • Louis Dreyfus
  • Royal Dutch Shell plc
  • Ineos Group
  • mitsui
  • Solvay S.A.

Competitive landscape

The biodiesel market is fiercely competitive, with global companies producing technologically advanced biodiesel products. Due to growing demand, major biodiesel manufacturers are focusing on strengthening their relationships with major distributors and expanding their existing production capacity.

For example,

  • In February 2022, SLD Pumps & Power (SLD) announced that it had switched to biodiesel fuel for its national fleet of equipment. The change is expected to displace around 1 million liters of highly polluting mineral diesel use each year.

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Key Segments Covered by Biodiesel Industry Research

  • Biodiesel Market by Feedstock:

    • soybean oil
    • corn oil distillers
    • Canola oil
    • yellow fat
    • animal fat
  • Biodiesel Market by Application:

    • Fuel
    • Agriculture
    • energy production
    • Others (including transportation and cooking)
  • Biodiesel market by region:

    • North America biodiesel market
    • European biodiesel market
    • Asia Pacific Biodiesel Market
    • Biodiesel market in Latin America
    • MEA Biodiesel Market

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Benefits of the report and answers to key questions

  • Biodiesel Analysis from Company and Brand: The report offers brand share analysis on biodiesel to offer a more in-depth analysis of the competition. This is intended to help businesses with proactive long-term planning.
  • Biodiesel Historical Volume Analysis: Factors affecting sales in the past are analyzed in detail. The report also offers a comparative analysis between the growth trajectory displayed in 2016-2020 and 2021-2031.
  • Biodiesel Category and Segment Level Analysis: To offer a comprehensive analysis, the market identifies major segments and highlights key factors enabling growth in these categories.
  • Biodiesel consumption by demographics: Demographic analysis aims to provide recommendations to businesses to help them create growth strategies around dynamic consumption patterns.
  • Biodiesel Manufacturing Trend Analysis: Analysis of manufacturing trends is the culmination of the study. It offers vital data on the strategies adopted by market players to align their manufacturing strategies with prevailing market trends.
  • Post-COVID consumer spending on biodiesel: The survey offers a chapter dedicated to the analysis of post-COVID consumer behavior. Changes in their spending habits are carefully analyzed to provide insight into the potential impact on biodiesel sales.

More valuable information about biodiesel

Fact.MR, in its new report, offers an unbiased analysis of the biodiesel market, sales and demand for biodiesel, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.

Check out Fact.MR’s coverage in chemicals and materials:

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