The global enzymatic biodiesel market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for renewable fuels and biofuels in various industries such as transportation, chemical industry, and industrial fuels. The increasing demand for renewable fuels and biofuels is due to their environmental benefits such as reduced greenhouse gas emissions, lower dependence on fossil fuel imports, and reduced air pollution.
The global enzymatic biodiesel market by type is segmented into waste oil enzymatic biodiesel and animal/vegetable oil enzymatic biodiesel. Waste oil enzymatic biodiesel accounted for the largest share of the global enzymatic biodiesel market in 2018 owing to its low cost of production compared with animal/vegetable oil enzymes which are more expensive than waste oils. Animal/vegetable oils are also more difficult to process than waste oils because they contain higher levels of free fatty acids which need additional processing before they can be used as an input material for producing enzyme-based biodiesels.
The global enzymatic biodiesel market by application includes industrial fuels, transportation fuels, chemical industry; while transportation fuels accounted for the largest share in 2018 owing to its high demand across various industries such as automotive sector (passenger cars), aviation sector (commercial airlines), marine sector (bulk carriers), rail transport sector (locomotives) among others.
5a) Biodiesel can be produced from a variety of feedstocks including animal fats, vegetable oils, and used cooking oil; this means that there are many opportunities for growth in this market because there are many different types of feedstock available.
5b) There is also potential growth in this market because some countries have started using biofuels as part-time energy sources instead of relying on them exclusively.
Some Of The Growth Factors Of This Market:
- The use of biodiesel is increasing in the United States and Europe due to the high cost of fossil fuels.
- The production of biodiesel is expected to increase as a result of government subsidies and tax incentives for producers, which will lead to an increase in demand for feedstock crops such as soybeans, rapeseed, and palm oil.
- Biodiesel production has increased in recent years due to the development of new technologies that have made it easier for producers to produce biodiesel from a variety of feedstocks including animal fats, vegetable oils, and used cooking oil.
- The use of biodiesel reduces greenhouse gas emissions by up to 80% compared with fossil fuels because it does not release carbon dioxide when burned like fossil fuels do; this makes it an attractive alternative fuel source for countries that are trying to reduce their carbon footprint or meet emission standards set by the Kyoto Protocol or other international agreements on climate change mitigation.
Industry Growth Insights published a new data on “Enzymatic Biodiesel Market”. The research report is titled “Enzymatic Biodiesel Market research by Types (Waste Oil Enzymatic Biodiesel, Animal And Vegetable Oil Enzymatic Biodiesel), By Applications (Industrial Fuels, Transportation Fuels, Chemical Industry), By Players/Companies Novozymes, Viesel Fuel, Blue Sun Biodiesel, Buster Biofuels, SRS International, DuPont USA, Schaumann Bioenergy, Enzyme Development Corporation, Montana Microbial Products”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Enzymatic Biodiesel Market Research Report
By Type
Waste Oil Enzymatic Biodiesel, Animal And Vegetable Oil Enzymatic Biodiesel
By Application
Industrial Fuels, Transportation Fuels, Chemical Industry
By Companies
Novozymes, Viesel Fuel, Blue Sun Biodiesel, Buster Biofuels, SRS International, DuPont USA, Schaumann Bioenergy, Enzyme Development Corporation, Montana Microbial Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Enzymatic Biodiesel Market Report Segments:
The global Enzymatic Biodiesel market is segmented on the basis of:
Types
Waste Oil Enzymatic Biodiesel, Animal And Vegetable Oil Enzymatic Biodiesel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Fuels, Transportation Fuels, Chemical Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Novozymes
- Viesel Fuel
- Blue Sun Biodiesel
- Buster Biofuels
- SRS International
- DuPont USA
- Schaumann Bioenergy
- Enzyme Development Corporation
- Montana Microbial Products
Highlights of The Enzymatic Biodiesel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Waste Oil Enzymatic Biodiesel
- Animal And Vegetable Oil Enzymatic Biodiesel
- By Application:
- Industrial Fuels
- Transportation Fuels
- Chemical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Enzymatic Biodiesel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Enzymatic biodiesel is a type of biodiesel made from enzymes. The enzymes are used to break down plant oils into molecules that can be used as fuel.
Some of the major players in the enzymatic biodiesel market are Novozymes, Viesel Fuel, Blue Sun Biodiesel, Buster Biofuels, SRS International, DuPont USA, Schaumann Bioenergy, Enzyme Development Corporation, Montana Microbial Products.
The enzymatic biodiesel market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Enzymatic Biodiesel Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Enzymatic Biodiesel Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Enzymatic Biodiesel Market - Supply Chain
4.5. Global Enzymatic Biodiesel Market Forecast
4.5.1. Enzymatic Biodiesel Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Enzymatic Biodiesel Market Size (000 Units) and Y-o-Y Growth
4.5.3. Enzymatic Biodiesel Market Absolute $ Opportunity
5. Global Enzymatic Biodiesel Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Enzymatic Biodiesel Market Size and Volume Forecast by Type
5.3.1. Waste Oil Enzymatic Biodiesel
5.3.2. Animal And Vegetable Oil Enzymatic Biodiesel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Enzymatic Biodiesel Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Enzymatic Biodiesel Market Size and Volume Forecast by Application
6.3.1. Industrial Fuels
6.3.2. Transportation Fuels
6.3.3. Chemical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Enzymatic Biodiesel Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Enzymatic Biodiesel Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Enzymatic Biodiesel Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Enzymatic Biodiesel Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Enzymatic Biodiesel Demand Share Forecast, 2019-2026
9. North America Enzymatic Biodiesel Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Enzymatic Biodiesel Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Enzymatic Biodiesel Market Size and Volume Forecast by Application
9.4.1. Industrial Fuels
9.4.2. Transportation Fuels
9.4.3. Chemical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Enzymatic Biodiesel Market Size and Volume Forecast by Type
9.7.1. Waste Oil Enzymatic Biodiesel
9.7.2. Animal And Vegetable Oil Enzymatic Biodiesel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Enzymatic Biodiesel Demand Share Forecast, 2019-2026
10. Latin America Enzymatic Biodiesel Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Enzymatic Biodiesel Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Enzymatic Biodiesel Market Size and Volume Forecast by Application
10.4.1. Industrial Fuels
10.4.2. Transportation Fuels
10.4.3. Chemical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Enzymatic Biodiesel Market Size and Volume Forecast by Type
10.7.1. Waste Oil Enzymatic Biodiesel
10.7.2. Animal And Vegetable Oil Enzymatic Biodiesel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Enzymatic Biodiesel Demand Share Forecast, 2019-2026
11. Europe Enzymatic Biodiesel Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Enzymatic Biodiesel Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Enzymatic Biodiesel Market Size and Volume Forecast by Application
11.4.1. Industrial Fuels
11.4.2. Transportation Fuels
11.4.3. Chemical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Enzymatic Biodiesel Market Size and Volume Forecast by Type
11.7.1. Waste Oil Enzymatic Biodiesel
11.7.2. Animal And Vegetable Oil Enzymatic Biodiesel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growt Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Enzymatic Biodiesel Demand Share, 2019-2026
12. Asia Pacific Enzymatic Biodiesel Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Enzymatic Biodiesel Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Enzymatic Biodiesel Market Size and Volume Forecast by Application
12.4.1. Industrial Fuels
12.4.2. Transportation Fuels
12.4.3. Chemical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Enzymatic Biodiesel Market Size and Volume Forecast by Type
12.7.1. Waste Oil Enzymatic Biodiesel
12.7.2. Animal And Vegetable Oil Enzymatic Biodiesel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Enzymatic Biodiesel Demand Share, 2019-2026
13. Middle East & Africa Enzymatic Biodiesel Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Enzymatic Biodiesel Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Enzymatic Biodiesel Market Size and Volume Forecast by Application
13.4.1. Industrial Fuels
13.4.2. Transportation Fuels
13.4.3. Chemical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Enzymatic Biodiesel Market Size and Volume Forecast by Type
13.7.1. Waste Oil Enzymatic Biodiesel
13.7.2. Animal And Vegetable Oil Enzymatic Biodiesel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Enzymatic Biodiesel Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Enzymatic Biodiesel Market: Market Share Analysis
14.2. Enzymatic Biodiesel Distributors and Customers
14.3. Enzymatic Biodiesel Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novozymes
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Viesel Fuel
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Blue Sun Biodiesel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Buster Biofuels
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SRS International
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. DuPont USA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Schaumann Bioenergy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Enzyme Development Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Montana Microbial Products
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
