The global demand for Green Diesel Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026. Whereas with regards to volume, the market was calculated XX MN Liters in 2019 and foreseen to touch XX MN Liters by 2026 with a CAGR of XX% during 2020-2026.
Green diesel is also known as biodiesel, renewable, clean-burning alternative fuel which is produced by using the transesterification of recycled cooking oils and animal fats. Green diesel or biodiesel has properties similar to that of petroleum diesel. It is more economical and nontoxic in nature as a comparison to petroleum diesel. It does not produce sulfur or other harmful chemicals. Owing to these benefits, it finds its application across various industries such as automotive, marine, railway, agriculture and mining.
Growing demand for clean energy and rising need for renewable fuel sources is considered to be one of the major factors driving the market growth. Additionally, a booming automotive industry is another factor that boosts the market growth. Rising environmental concern and consumer awareness towards the benefits of green diesel have led to its extensive adoption across the world. Furthermore, the limited availability and growing process of non-renewable sources of energy have positively impacted on the demand. Besides this, favorable government policies and rising spending in R&D is also anticipated to impact the market positively in the upcoming year.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of green diesel.
The entire green diesel market has been sub-categorized into production technology, type, feedstock and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Production Technology
- Conventional Alcohol Trans-esterification
- Hydro Heating
- Vegetable Oils
- Animal Fats
- Power Generation
This section covers regional segmentation which accentuates on current and future demand for green diesel market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Green Diesel Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the green diesel market include Archer Daniels Midland Company (ADM), Wilmar International Limited, Renewable Energy Group Inc., Cargill Inc., Bunge Limited, Neste Corporation, Louis Dreyfus Company, BIOX Corporation, Münzer Bioindustrie GmbH, Diester Industrie, BTG International Ltd, DuPont, VERBIO, China Clean Energy Inc., CropEnergies AG , INEOS, etc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.