Market Research Report
Global Biofuel & Biodiesel Market Size study, by Type (Bioethanol, Biodiesel), by Application (Agriculture, Transportation, Chemical, Pharmaceuticals) and Regional Forecasts 2018-2025
|Published by||Bizwit Research & Consulting LLP||Product code||762986|
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|Global Biofuel & Biodiesel Market Size study, by Type (Bioethanol, Biodiesel), by Application (Agriculture, Transportation, Chemical, Pharmaceuticals) and Regional Forecasts 2018-2025|
|Published: December 21, 2018||Content info:||
Global Biofuel & Biodiesel Market to reach USD XX billion by 2025.
Global Biofuel & Biodiesel Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Biofuel & Biodiesel Market is continuously growing across the world over the coming years. The major driving factor of global Biofuel & Biodiesel market are government regulations are supporting the adoption of bio-based fuel alternatives and volatility in price of petroleum. Moreover, low cost of biofuels in comparison to other vegetable oils and changing consumer taste & preference. The major restraining factor of global biofuel & biodiesel market are fluctuation in oil prices and high production cost of oil compared to conventional fuel. Biofuel is a fuel that is produced extant biological process, such as agriculture and anerobic digestion rather than fuel produced by geological processes such as fossil fuel. Biodiesel refers to a vegetable oil or animal fat-based diesel fuel consisting of long chain alkyl esters. Biodiesel is typically made by chemically reacting lipids with an alcohol producing fatty acids. Biofuel offer various advantages such as cost benefit, easy to source, renewable, reduce green house gaseous, economic security, reduce dependence on foreign oil, lower level of pollution etc. Biodiesel offers various benefits such as produced from renewable resources, can be used in existing diesel engines, less green house gas emissions, biodegradable and non-toxic, cleaner biofuel refineries, positive economic impact and so on.
The regional analysis of Global Biofuel & Biodiesel Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. In Global Biofuels market, Asia-pacific is the significant/leading region across the world in terms of market share due to cost effective availability of feedstock. In Biodiesel market, Europe is dominating region across the world in terms of market share due to Germany is the biggest producer for biodiesel in the region. North America is also anticipated higher growth rate / CAGR in the global Biofuel & Biodiesel market over the forecast period 2018-2025.
The major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Furthermore, years considered for the study are as follows:
Historical year - 2015, 2016
Base year - 2017
Forecast period - 2018 to 2025
Target Audience of the Global Biofuel & Biodiesel Market in Market Study: