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(MoneyNewsWire.Net, November 10, 2016 ) "Global Biodiesel Market 2015-2019" The Report covers current Market Trends, Analysis, Forecast, Review, Share, Size, Growth, Effect.
Description-
About biodiesel
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.
Technavios analysts forecast the global biodiesel market to grow at a CAGR of 9.6% over the period 2014-2019.
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
Technavios 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
Market trend
Compliance with environmental regulations
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
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