Biodiesel Market is Projected to Reach $51.47 Billion by 2029, at a CAGR of 3.6% from 2022 to 2029 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Meticulous Research®
Retrieved on:
Wednesday, October 12, 2022
Research report, Government, Rapeseed, Transport, Growth, Agriculture, Vegetable oil, CAGR, B20, International Energy Agency, Avril Group, Particulates, Bunge Limited, ADM (company), Louis Dreyfus Company, Geography, Air pollution, Biodiesel, IEA, Impact, Awareness, Fuel, Palm oil, Climate, B100, Environment, Bioenergy in China, UCO, COVID-19, Renewable Energy Group, Diesel fuel, Renewable energy, B10
However, performance concerns in diesel engines are expected to hinder the growth of this market to a certain extent.
Key Points:
- However, performance concerns in diesel engines are expected to hinder the growth of this market to a certain extent.
- The increasing use of biodiesel in commercial vehicles is expected to drive the biodiesel market.
- Based on blend, in 2022, the B10 segment is expected to account for the largest share of the global biodiesel market.
- The key players operating in the global biodiesel market are Archer-Daniels-Midland Company (U.S.), Ag Processing Inc (U.S.), Avril Group (France), Biodiesel Bilbao S.L.