Market Overview:
The global biodiesel feedstock market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for biodiesel as a fuel and its growing application in specific fuel applications, power generation, and others. In terms of type, the vegetable oil-based biodiesel segment is expected to dominate the global market during the forecast period owing to its high production rate and easy availability. However, in terms of revenue share, the animal fat-based biodiesel segment is projected to register higher growth than other segments during 2018–2030.
Product Definition:
Biodiesel feedstock is a term used to describe the materials that are used to create biodiesel fuel. The most common type of biodiesel feedstock is vegetable oil, but animal fats and recycled cooking oils can also be used. Biodiesel fuel can be created from any type of vegetable oil, but soybean oil is the most popular choice because it has a high yield and it is easy to process.
Vegetable Oil-Based Biodiesel:
Vegetable oil-based biodiesel, also known as green diesel or biofuel, is a renewable fuel made from vegetable oils and animal fats. It is the product of an advanced clean technology that uses enzymes to transform feedstock into fuels and chemicals. Vegetable oil-based biodiesel has been recognized by the U.S.
Animal Fat-Based Biodiesel:
Animal fat-based biodiesel (AFBB) is a type of renewable diesel fuel, which is produced from animal fats and vegetable oil. It has high energy content as compared to conventional diesel and can be used in all types of engines including internal combustion engines, steam turbines, electric power plants & locomotives. AFBB reduces the harmful effects on the environment caused by traditional diesel production methods.
Application Insights:
biodiesel fuel has a wide application scope in various end-use industries including diesel engines, heating systems, gas turbines and others. The other major applications of biodiesel include marine engines, buses and trucks as well as aircraft. Biodiesel finds its usage in the aviation industry owing to its lower emissions which are considered beneficial for the environment.
The demand for biodiesel is expected to be fueled by its ability to reduce greenhouse gases which are responsible for global warming to some extent. Growing awareness regarding environmental protection coupled with rising concerns regarding air pollution levels is anticipated drive the demand further over the forecast period thereby registering a CAGR of XX% from 2018 to 2030.
Biodiesel¢â‚¬â„¢s ability to replace traditional diesel fuels on account of sustainability concerns is projected boost market growth over the forecast period thereby registering a CAGR around 8%.
Regional Analysis:
Asia Pacific was the largest market for global biodiesel feedstock, accounting for a share of more than 45% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing awareness regarding environmental protection and rising disposable income coupled with government support. China led the market in terms of production and consumption, which can be attributed to high vegetable oil-based biodiesel production capacity there.
Europe accounted for a major share in global demand as countries like Germany are significantly dependent on imports from Russia and other Eastern European countries due to political reasons. However, growing environmental concerns have resulted in shifting focus towards biofuels that are cleaner than petroleum diesel resulting into an increased preference for biodiesel across Europe since 2010s.
Growth Factors:
- Increasing demand for biodiesel as a fuel source: The global market for biodiesel is expected to grow at a CAGR of more than 15% from 2016 to 2021. This growth can be attributed to the increasing demand for biodiesel as a fuel source due to its environmental benefits over traditional fuels such as petrol and diesel.
- Government initiatives and subsidies: Governments across the globe are promoting the use of biofuels through various initiatives and subsidies, which is aiding in the growth of the biodiesel feedstock market. For instance, in March 2017, India's government announced plans to set up 10 new ethanol production plants with an investment of Rs 1,000 crore (0 million).
- Rising awareness about climate change: There has been a rising awareness about climate change in recent years, which has led many countries to adopt stringent regulations pertaining to emissions from vehicles running on traditional fuels such as petrol and diesel. This is driving the demand for cleaner alternative fuels such as biodiesel, thereby propelling the growth of the market.
- Technological advancements: The development of innovative technologies that help improve yields from feedstocks is aiding in the growth of this market segment.. For instance, In December 2016, US-based company Genomatica announced that it had developed a technology that helps produce 2-3 times more renewable butanol than current methods using sugarcane bagasse or corn stover..
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodiesel Feedstock Market Research Report
By Type
Vegetable Oil-Based Biodiesel, Animal Fat-Based Biodiesel, Used Cooking Oil (UCO)
By Application
Fuel, Specific Fuel Applications, Power Generation
By Companies
AG Processing Inc., Archer Daniels Midland, Argent Energy, BioCube Corp., Bunge, Cargill Inc., Epitome Energy, FutureFuel Corp., Jiangsu Clean Environmental Technology Co.,Ltd., Louis Dreyfus, Renewable Biofuels Inc.
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Biodiesel Feedstock Market Report Segments:
The global Biodiesel Feedstock market is segmented on the basis of:
Types
Vegetable Oil-Based Biodiesel, Animal Fat-Based Biodiesel, Used Cooking Oil (UCO)
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
Fuel, Specific Fuel Applications, Power Generation
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:
- AG Processing Inc.
- Archer Daniels Midland
- Argent Energy
- BioCube Corp.
- Bunge
- Cargill Inc.
- Epitome Energy
- FutureFuel Corp.
- Jiangsu Clean Environmental Technology Co.,Ltd.
- Louis Dreyfus
- Renewable Biofuels Inc.
Highlights of The Biodiesel Feedstock 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:
- Vegetable Oil-Based Biodiesel
- Animal Fat-Based Biodiesel
- Used Cooking Oil (UCO)
- By Application:
- Fuel
- Specific Fuel Applications
- Power Generation
- 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 Biodiesel Feedstock 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?
Biodiesel feedstock is a renewable resource derived from plant oils.
Some of the major players in the biodiesel feedstock market are AG Processing Inc., Archer Daniels Midland, Argent Energy, BioCube Corp., Bunge, Cargill Inc., Epitome Energy, FutureFuel Corp., Jiangsu Clean Environmental Technology Co.,Ltd., Louis Dreyfus, Renewable Biofuels Inc..
The biodiesel feedstock market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodiesel Feedstock Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Biodiesel Feedstock Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Biodiesel Feedstock Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Biodiesel Feedstock Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Biodiesel Feedstock Market Size & Forecast, 2018-2028 4.5.1 Biodiesel Feedstock Market Size and Y-o-Y Growth 4.5.2 Biodiesel Feedstock Market Absolute $ Opportunity
Chapter 5 Global Biodiesel Feedstock Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Biodiesel Feedstock Market Size Forecast by Type
5.2.1 Vegetable Oil-Based Biodiesel
5.2.2 Animal Fat-Based Biodiesel
5.2.3 Used Cooking Oil (UCO)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biodiesel Feedstock Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Biodiesel Feedstock Market Size Forecast by Applications
6.2.1 Fuel
6.2.2 Specific Fuel Applications
6.2.3 Power Generation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodiesel Feedstock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biodiesel Feedstock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Biodiesel Feedstock Analysis and Forecast
9.1 Introduction
9.2 North America Biodiesel Feedstock Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Biodiesel Feedstock Market Size Forecast by Type
9.6.1 Vegetable Oil-Based Biodiesel
9.6.2 Animal Fat-Based Biodiesel
9.6.3 Used Cooking Oil (UCO)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Biodiesel Feedstock Market Size Forecast by Applications
9.10.1 Fuel
9.10.2 Specific Fuel Applications
9.10.3 Power Generation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Biodiesel Feedstock Analysis and Forecast
10.1 Introduction
10.2 Europe Biodiesel Feedstock Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Biodiesel Feedstock Market Size Forecast by Type
10.6.1 Vegetable Oil-Based Biodiesel
10.6.2 Animal Fat-Based Biodiesel
10.6.3 Used Cooking Oil (UCO)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Biodiesel Feedstock Market Size Forecast by Applications
10.10.1 Fuel
10.10.2 Specific Fuel Applications
10.10.3 Power Generation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Biodiesel Feedstock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biodiesel Feedstock Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Biodiesel Feedstock Market Size Forecast by Type
11.6.1 Vegetable Oil-Based Biodiesel
11.6.2 Animal Fat-Based Biodiesel
11.6.3 Used Cooking Oil (UCO)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Biodiesel Feedstock Market Size Forecast by Applications
11.10.1 Fuel
11.10.2 Specific Fuel Applications
11.10.3 Power Generation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Biodiesel Feedstock Analysis and Forecast
12.1 Introduction
12.2 Latin America Biodiesel Feedstock Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Biodiesel Feedstock Market Size Forecast by Type
12.6.1 Vegetable Oil-Based Biodiesel
12.6.2 Animal Fat-Based Biodiesel
12.6.3 Used Cooking Oil (UCO)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Biodiesel Feedstock Market Size Forecast by Applications
12.10.1 Fuel
12.10.2 Specific Fuel Applications
12.10.3 Power Generation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Biodiesel Feedstock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biodiesel Feedstock Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Biodiesel Feedstock Market Size Forecast by Type
13.6.1 Vegetable Oil-Based Biodiesel
13.6.2 Animal Fat-Based Biodiesel
13.6.3 Used Cooking Oil (UCO)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Biodiesel Feedstock Market Size Forecast by Applications
13.10.1 Fuel
13.10.2 Specific Fuel Applications
13.10.3 Power Generation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biodiesel Feedstock Market: Competitive Dashboard
14.2 Global Biodiesel Feedstock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AG Processing Inc.
14.3.2 Archer Daniels Midland
14.3.3 Argent Energy
14.3.4 BioCube Corp.
14.3.5 Bunge
14.3.6 Cargill Inc.
14.3.7 Epitome Energy
14.3.8 FutureFuel Corp.
14.3.9 Jiangsu Clean Environmental Technology Co.,Ltd.
14.3.10 Louis Dreyfus
14.3.11 Renewable Biofuels Inc.