The Biodiesel Market size was valued at USD 36.63 billion in 2023 and is expected to grow to USD 85.57 billion by 2032 with a growing CAGR of 10.2% over the forecast period of 2024-2032.
Biodiesel is a renewable and environmentally friendly alternative fuel derived from natural sources such as vegetable oils or animal fats. It is produced through a process called transesterification, which involves chemically reacting these feedstocks with an alcohol, typically methanol or ethanol, in the presence of a catalyst. The resulting biodiesel has several advantages over traditional petroleum-based diesel fuel.
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Firstly, it is biodegradable, meaning it can be broken down by natural processes, reducing its impact on the environment. Additionally, biodiesel emits fewer greenhouse gases during combustion, contributing to a reduction in air pollution and mitigating climate change. Moreover, biodiesel has a higher cetane rating than regular diesel, which means it ignites more easily and burns more efficiently. This leads to improved engine performance, reduced engine wear, and increased fuel economy. Biodiesel can be used in existing diesel engines without any modifications, making it a convenient and accessible alternative fuel option. Furthermore, the production of biodiesel promotes agricultural diversification and rural development. It provides an additional market for farmers, as the feedstocks used in its production can be sourced locally. This not only supports local economies but also reduces dependence on imported fossil fuels.
The biodiesel market is driven by the increasing demand for environmentally friendly energy sources and the need to reduce greenhouse gas emissions. It can be used as a direct replacement for petroleum diesel or blended with it in various proportions. This versatility makes biodiesel an attractive option for both individual consumers and large-scale industries. The biodiesel market is witnessing significant growth due to several factors. Firstly, governments around the world are implementing policies and regulations to promote the use of renewable energy sources and reduce dependence on fossil fuels. Secondly, the increasing awareness of the environmental impact of fossil fuels has led to a shift in consumer preferences towards cleaner and greener alternatives. Biodiesel, being a renewable and biodegradable fuel, offers a sustainable solution to reduce carbon emissions and mitigate climate change. Furthermore, the agricultural sector plays a crucial role in the biodiesel market. The cultivation of feedstock crops for biodiesel production provides an additional source of income for farmers and contributes to rural development. This aspect of the market has a positive socio-economic impact, creating employment opportunities and supporting local economies.
Drivers
Increasing global demand for renewable and sustainable energy sources
Growing concern about greenhouse gas emission
Growing demand for biodiesel over traditional fossil fuels
The growing demand for biodiesel as an alternative to traditional fossil fuels is the primary driving force behind the biodiesel market. In recent years, there has been a significant shift in global energy consumption patterns, with an increasing emphasis on sustainable and environmentally friendly solutions. Biodiesel, derived from renewable sources such as vegetable oils or animal fats, has emerged as a promising substitute for conventional fossil fuels like gasoline and diesel. One of the key factors propelling the biodiesel market is the urgent need to reduce greenhouse gas emissions and combat climate change. Unlike fossil fuels, biodiesel has a significantly lower carbon footprint, as it releases fewer harmful pollutants into the atmosphere when burned. This makes it an attractive option for governments, industries, and individuals striving to meet their sustainability goals and contribute to a cleaner environment. Moreover, biodiesel offers several other advantages over traditional fuels. It is biodegradable, non-toxic, and poses minimal risk to soil and water resources. Additionally, biodiesel can be produced domestically, reducing dependence on foreign oil imports and enhancing energy security for nations.
Restrain
Fluctuating prices of raw materials
Lack of infrastructure for biodiesel distribution
Opportunities
Increasing awareness about the environmental impact of fossil fuels
Increasing demand for biodiesel in the automotive industry
Exploration of alternative feedstocks, such as algae and waste oils
The increasing demand for biodiesel in the automotive industry presents significant opportunities for the biodiesel market. The automotive industry is witnessing a surge in the need for biodiesel. This alternative fuel has gained traction due to its potential to reduce greenhouse gas emissions and dependence on fossil fuels. As a result, the biodiesel market is experiencing a remarkable growth trajectory. The automotive industry is recognizing the potential of biodiesel as a viable alternative. Many automobile manufacturers are investing in research and development to optimize engines and vehicles for biodiesel use. This not only enhances the performance and efficiency of vehicles but also expands the market for biodiesel.
Challenges
Limited availability of suitable land for cultivating feedstock crops
The Russia-Ukraine war has disrupted the supply chain of biodiesel, leading to a decrease in production and availability. Ukraine, being a major producer of biodiesel, has experienced significant setbacks due to the conflict. The destruction of infrastructure, such as refineries and transportation networks, has severely hampered the country's ability to meet demand. Consequently, the global biodiesel market has witnessed a decline in supply, resulting in higher prices and limited availability. The conflict has also caused a shift in trade patterns within the biodiesel market. With Ukraine's production capabilities compromised, other biodiesel-producing countries have stepped in to fill the gap. This has led to an increase in exports from countries such as Argentina, Brazil, and the United States. As a result, these nations have experienced a surge in demand for their biodiesel products, presenting them with an opportunity to expand their market share.
Impact of Recession:
One of the primary consequences of the recession has been a decline in overall fuel consumption. As individuals and businesses reduced their budgets, the demand for biodiesel decreased significantly. This reduced demand has resulted in excess supply and a subsequent drop in prices, negatively affecting the profitability of biodiesel producers. During a recession, financial institutions become more cautious about lending, making it challenging for biodiesel companies to secure the necessary capital for expansion or even to maintain their operations. This lack of access to capital has hindered the growth and development of the biodiesel market.
By Feedstock
Vegetable Oils
Soybean Oil
Canola Oil
Corn Oil
Palm Oil
Others
Animal Fats
White Grease & Lard
Poultry
Tallow
Others
By Production Technology
Trans-esterification
Pyrolysis
Micro-emulsification
Others
By Blend
B100
B20
B10
B5
By Application
Power Generation
Fuel
Automotive
Marine
Agriculture
Others
Europe dominated the biodiesel market with a revenue share of about 49.26% in 2022 and is expected to grow with a moderate CAGR during the forecast period. European Union (EU) has implemented stringent regulations and policies aimed at reducing greenhouse gas emissions and promoting sustainable energy alternatives. These measures have created a favorable environment for the growth of the biodiesel industry. European countries have embraced the concept of reducing their reliance on fossil fuels, leading to a substantial increase in the demand for biodiesel. Moreover, Europe's well-established infrastructure and distribution networks have played a pivotal role in consolidating its dominance in the biodiesel market. The continent boasts an extensive network of refineries, storage facilities, and transportation systems, facilitating the efficient production, storage, and distribution of biodiesel. This robust infrastructure has not only ensured a steady supply of biodiesel but has also contributed to its widespread availability and accessibility.
The Asia Pacific region is estimated to grow with the highest CAGR in the biodiesel market during the forecast period. This is owing to the increasing demand for renewable energy sources, government initiatives promoting the use of biodiesel, and the region's abundant availability of feedstock for biodiesel production. One of the key drivers behind the growth of the biodiesel market in the Asia Pacific region is the rising demand for renewable energy sources. As concerns about climate change and environmental sustainability continue to escalate, there is a growing need to reduce greenhouse gas emissions and dependence on fossil fuels. Biodiesel, being a renewable and cleaner-burning fuel, is gaining traction as an alternative to conventional diesel. Furthermore, governments across the Asia Pacific region are actively promoting the use of biodiesel through various policies and incentives. These initiatives aim to reduce the region's reliance on imported fossil fuels, enhance energy security, and mitigate environmental pollution. Subsidies, tax incentives, and mandates for blending biodiesel with conventional diesel are some of the measures implemented to encourage the adoption of biodiesel. Additionally, the Asia Pacific region benefits from its abundant availability of feedstock for biodiesel production. The region boasts a significant agricultural sector, which provides ample raw materials such as palm oil, soybean oil, and rapeseed oil for biodiesel production. This availability of feedstock ensures a steady supply of biodiesel, supporting the market's growth in the region.
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REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of the Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The major players are Archer Daniels Midland Company, Renewable Biofuels, Inc., TerraVia Holdings, Inc., Manuelita S.A., FutureFuel Corp., Eco diesel Colombia S.A., Ag Processing, Inc., Wilmar International Ltd., Cargill, Inc., Munzer Bioindustrie GmbH, and other key players mentioned in the final report.
In June 2022, in a strategic effort to curb greenhouse gas emissions and foster the development of circular fuel alternatives, Cargill successfully inaugurated its advanced biodiesel facility in Ghent, Belgium. This plant is designed to transform waste oils and residues into sustainable renewable fuels.
| Report Attributes | Details |
| Market Size in 2023 | US$ 36.63 Bn |
| Market Size by 2032 | US$ 85.57 Bn |
| CAGR | CAGR of 10.2% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Feedstock (Vegetable Oils and Animal Fats) • By Production Technology (Trans-esterification, Pyrolysis, Micro-emulsification, and Others) • By Blend (B100, B20, B10, and B5) • By Application (Power Generation, Fuel, and Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa]), Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Archer Daniels Midland Company, Renewable Biofuels, Inc., TerraVia Holdings, Inc., Manuelita S.A., FutureFuel Corp., Eco diesel Colombia S.A., Ag Processing, Inc., Wilmar International Ltd., Cargill, Inc., Munzer Bioindustrie GmbH |
| Key Drivers | • Increasing global demand for renewable and sustainable energy sources • Growing concern about greenhouse gas emission • Growing demand for biodiesel over traditional fossil fuels |
| Market Opportunities | • Increasing awareness about the environmental impact of fossil fuels • Increasing demand for biodiesel in the automotive industry • Exploration of alternative feedstocks, such as algae and waste oils |
Ans: The market size of the Biodiesel market is valued at USD 36.63 billion in 2023.
Ans: The expected CAGR of the global Biodiesel market during the forecast period is 10.2%.
Ans: The major key players in the Biodiesel market are Archer Daniels Midland Company, Renewable Biofuels, Inc., TerraVia Holdings, Inc., Manuelita S.A., FutureFuel Corp., Eco diesel Colombia S.A., Ag Processing, Inc., Wilmar International Ltd., Cargill, Inc., and Munzer Bioindustrie GmbH.
Ans: Europe region contributes major to the Biodiesel market.
Ans: Biodiesel market is bifurcated into 4 major segments: 1. By Feedstock 2. By Production Technology 3. By Blend 4. By Application
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Russia- Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Biodiesel Market Segmentation, By Feedstock
8.1 Vegetable Oils
8.1.1 Soybean Oil
8.1.2 Canola Oil
8.1.3 Corn Oil
8.1.4 Palm Oil
8.1.5 Others
8.2 Animal Fats
8.2.1 White Grease & Lard
8.2.2 Poultry
8.2.3 Tallow
8.2.4 Others
9. Biodiesel Market Segmentation, By Production Technology
9.1 Trans-esterification
9.2 Pyrolysis
9.3 Micro-emulsification
9.4 Others
10. Biodiesel Market Segmentation, By Blend
10.1 B100
10.2 B20
10.3 B10
10.4 B5
11. Biodiesel Market Segmentation, By Application
11.1 Power Generation
11.2 Fuel
11.2.1 Automotive
11.2.2 Marine
11.2.3 Agriculture
11.3 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Biodiesel Market By Country
12.2.2 North America Biodiesel Market By Feedstock
12.2.3 North America Biodiesel Market By Production Technology
12.2.4 North America Biodiesel Market By Blend
12.2.5 North America Biodiesel Market By Application
12.2.6 USA
12.2.6.1 USA Biodiesel Market By Feedstock
12.2.6.2 USA Biodiesel Market By Production Technology
12.2.6.3 USA Biodiesel Market By Blend
12.2.6.4 USA Biodiesel Market By Application
12.2.7 Canada
12.2.7.1 Canada Biodiesel Market By Feedstock
12.2.7.2 Canada Biodiesel Market By Production Technology
12.2.7.3 Canada Biodiesel Market By Blend
12.2.7.4 Canada Biodiesel Market By Application
12.2.8 Mexico
12.2.8.1 Mexico Biodiesel Market By Feedstock
12.2.8.2 Mexico Biodiesel Market By Production Technology
12.2.8.3 Mexico Biodiesel Market By Blend
12.2.8.4 Mexico Biodiesel Market By Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Biodiesel Market By Country
12.3.1.2 Eastern Europe Biodiesel Market By Feedstock
12.3.1.3 Eastern Europe Biodiesel Market By Production Technology
12.3.1.4 Eastern Europe Biodiesel Market By Blend
12.3.1.5 Eastern Europe Biodiesel Market By Application
12.3.1.6 Poland
12.3.1.6.1 Poland Biodiesel Market By Feedstock
12.3.1.6.2 Poland Biodiesel Market By Production Technology
12.3.1.6.3 Poland Biodiesel Market By Blend
12.3.1.6.4 Poland Biodiesel Market By Application
12.3.1.7 Romania
12.3.1.7.1 Romania Biodiesel Market By Feedstock
12.3.1.7.2 Romania Biodiesel Market By Production Technology
12.3.1.7.3 Romania Biodiesel Market By Blend
12.3.1.7.4 Romania Biodiesel Market By Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Biodiesel Market By Feedstock
12.3.1.8.2 Hungary Biodiesel Market By Production Technology
12.3.1.8.3 Hungary Biodiesel Market By Blend
12.3.1.8.4 Hungary Biodiesel Market By Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Biodiesel Market By Feedstock
12.3.1.9.2 Turkey Biodiesel Market By Production Technology
12.3.1.9.3 Turkey Biodiesel Market By Blend
12.3.1.9.4 Turkey Biodiesel Market By Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Biodiesel Market By Feedstock
12.3.1.10.2 Rest of Eastern Europe Biodiesel Market By Production Technology
12.3.1.10.3 Rest of Eastern Europe Biodiesel Market By Blend
12.3.1.10.4 Rest of Eastern Europe Biodiesel Market By Application
12.3.2 Western Europe
12.3.2.1 Western Europe Biodiesel Market By Country
12.3.2.2 Western Europe Biodiesel Market By Feedstock
12.3.2.3 Western Europe Biodiesel Market By Production Technology
12.3.2.4 Western Europe Biodiesel Market By Blend
12.3.2.5 Western Europe Biodiesel Market By Application
12.3.2.6 Germany
12.3.2.6.1 Germany Biodiesel Market By Feedstock
12.3.2.6.2 Germany Biodiesel Market By Production Technology
12.3.2.6.3 Germany Biodiesel Market By Blend
12.3.2.6.4 Germany Biodiesel Market By Application
12.3.2.7 France
12.3.2.7.1 France Biodiesel Market By Feedstock
12.3.2.7.2 France Biodiesel Market By Production Technology
12.3.2.7.3 France Biodiesel Market By Blend
12.3.2.7.4 France Biodiesel Market By Application
12.3.2.8 UK
12.3.2.8.1 UK Biodiesel Market By Feedstock
12.3.2.8.2 UK Biodiesel Market By Production Technology
12.3.2.8.3 UK Biodiesel Market By Blend
12.3.2.8.4 UK Biodiesel Market By Application
12.3.2.9 Italy
12.3.2.9.1 Italy Biodiesel Market By Feedstock
12.3.2.9.2 Italy Biodiesel Market By Production Technology
12.3.2.9.3 Italy Biodiesel Market By Blend
12.3.2.9.4 Italy Biodiesel Market By Application
12.3.2.10 Spain
12.3.2.10.1 Spain Biodiesel Market By Feedstock
12.3.2.10.2 Spain Biodiesel Market By Production Technology
12.3.2.10.3 Spain Biodiesel Market By Blend
12.3.2.10.4 Spain Biodiesel Market By Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Biodiesel Market By Feedstock
12.3.2.11.2 Netherlands Biodiesel Market By Production Technology
12.3.2.11.3 Netherlands Biodiesel Market By Blend
12.3.2.11.4 Netherlands Biodiesel Market By Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Biodiesel Market By Feedstock
12.3.2.12.2 Switzerland Biodiesel Market By Production Technology
12.3.2.12.3 Switzerland Biodiesel Market By Blend
12.3.2.12.4 Switzerland Biodiesel Market By Application
12.3.2.13 Austria
12.3.2.13.1 Austria Biodiesel Market By Feedstock
12.3.2.13.2 Austria Biodiesel Market By Production Technology
12.3.2.13.3 Austria Biodiesel Market By Blend
12.3.2.13.4 Austria Biodiesel Market By Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Biodiesel Market By Feedstock
12.3.2.14.2 Rest of Western Europe Biodiesel Market By Production Technology
12.3.2.14.3 Rest of Western Europe Biodiesel Market By Blend
12.3.2.14.4 Rest of Western Europe Biodiesel Market By Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Biodiesel Market By Country
12.4.2 Asia Pacific Biodiesel Market By Feedstock
12.4.3 Asia Pacific Biodiesel Market By Production Technology
12.4.4 Asia Pacific Biodiesel Market By Blend
12.4.5 Asia Pacific Biodiesel Market By Application
12.4.6 China
12.4.6.1 China Biodiesel Market By Feedstock
12.4.6.2 China Biodiesel Market By Production Technology
12.4.6.3 China Biodiesel Market By Blend
12.4.6.4 China Biodiesel Market By Application
12.4.7 India
12.4.7.1 India Biodiesel Market By Feedstock
12.4.7.2 India Biodiesel Market By Production Technology
12.4.7.3 India Biodiesel Market By Blend
12.4.7.4 India Biodiesel Market By Application
12.4.8 Japan
12.4.8.1 Japan Biodiesel Market By Feedstock
12.4.8.2 Japan Biodiesel Market By Production Technology
12.4.8.3 Japan Biodiesel Market By Blend
12.4.8.4 Japan Biodiesel Market By Application
12.4.9 South Korea
12.4.9.1 South Korea Biodiesel Market By Feedstock
12.4.9.2 South Korea Biodiesel Market By Production Technology
12.4.9.3 South Korea Biodiesel Market By Blend
12.4.9.4 South Korea Biodiesel Market By Application
12.4.10 Vietnam
12.4.10.1 Vietnam Biodiesel Market By Feedstock
12.4.10.2 Vietnam Biodiesel Market By Production Technology
12.4.10.3 Vietnam Biodiesel Market By Blend
12.4.10.4 Vietnam Biodiesel Market By Application
12.4.11 Singapore
12.4.11.1 Singapore Biodiesel Market By Feedstock
12.4.11.2 Singapore Biodiesel Market By Production Technology
12.4.11.3 Singapore Biodiesel Market By Blend
12.4.11.4 Singapore Biodiesel Market By Application
12.4.12 Australia
12.4.12.1 Australia Biodiesel Market By Feedstock
12.4.12.2 Australia Biodiesel Market By Production Technology
12.4.12.3 Australia Biodiesel Market By Blend
12.4.12.4 Australia Biodiesel Market By Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Biodiesel Market By Feedstock
12.4.13.2 Rest of Asia-Pacific Biodiesel Market By Production Technology
12.4.13.3 Rest of Asia-Pacific Biodiesel Market By Blend
12.4.13.4 Rest of Asia-Pacific Biodiesel Market By Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Biodiesel Market By Country
12.5.1.2 Middle East Biodiesel Market By Feedstock
12.5.1.3 Middle East Biodiesel Market By Production Technology
12.5.1.4 Middle East Biodiesel Market By Blend
12.5.1.5 Middle East Biodiesel Market By Application
12.5.1.6 UAE
12.5.1.6.1 UAE Biodiesel Market By Feedstock
12.5.1.6.2 UAE Biodiesel Market By Production Technology
12.5.1.6.3 UAE Biodiesel Market By Blend
12.5.1.6.4 UAE Biodiesel Market By Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Biodiesel Market By Feedstock
12.5.1.7.2 Egypt Biodiesel Market By Production Technology
12.5.1.7.3 Egypt Biodiesel Market By Blend
12.5.1.7.4 Egypt Biodiesel Market By Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Biodiesel Market By Feedstock
12.5.1.8.2 Saudi Arabia Biodiesel Market By Production Technology
12.5.1.8.3 Saudi Arabia Biodiesel Market By Blend
12.5.1.8.4 Saudi Arabia Biodiesel Market By Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Biodiesel Market By Feedstock
12.5.1.9.2 Qatar Biodiesel Market By Production Technology
12.5.1.9.3 Qatar Biodiesel Market By Blend
12.5.1.9.4 Qatar Biodiesel Market By Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Biodiesel Market By Feedstock
12.5.1.10.2 Rest of Middle East Biodiesel Market By Production Technology
12.5.1.10.3 Rest of Middle East Biodiesel Market By Blend
12.5.1.10.4 Rest of Middle East Biodiesel Market By Application
12.5.2. Africa
12.5.2.1 Africa Biodiesel Market By Country
12.5.2.2 Africa Biodiesel Market By Feedstock
12.5.2.3 Africa Biodiesel Market By Production Technology
12.5.2.4 Africa Biodiesel Market By Blend
12.5.2.5 Africa Biodiesel Market By Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Biodiesel Market By Feedstock
12.5.2.6.2 Nigeria Biodiesel Market By Production Technology
12.5.2.6.3 Nigeria Biodiesel Market By Blend
12.5.2.6.4 Nigeria Biodiesel Market By Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Biodiesel Market By Feedstock
12.5.2.7.2 South Africa Biodiesel Market By Production Technology
12.5.2.7.3 South Africa Biodiesel Market By Blend
12.5.2.7.4 South Africa Biodiesel Market By Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Biodiesel Market By Feedstock
12.5.2.8.2 Rest of Africa Biodiesel Market By Production Technology
12.5.2.8.3 Rest of Africa Biodiesel Market By Blend
12.5.2.8.4 Rest of Africa Biodiesel Market By Application
12.6. Latin America
12.6.1 Latin America Biodiesel Market By Country
12.6.2 Latin America Biodiesel Market By Feedstock
12.6.3 Latin America Biodiesel Market By Production Technology
12.6.4 Latin America Biodiesel Market By Blend
12.6.5 Latin America Biodiesel Market By Application
12.6.6 Brazil
12.6.6.1 Brazil Biodiesel Market By Feedstock
12.6.6.2 Brazil Biodiesel Market By Production Technology
12.6.6.3 Brazil Biodiesel Market By Blend
12.6.6.4 Brazil Biodiesel Market By Application
12.6.7 Argentina
12.6.7.1 Argentina Biodiesel Market By Feedstock
12.6.7.2 Argentina Biodiesel Market By Production Technology
12.6.7.3 Argentina Biodiesel Market By Blend
12.6.7.4 Argentina Biodiesel Market By Application
12.6.8 Colombia
12.6.8.1 Colombia Biodiesel Market By Feedstock
12.6.8.2 Colombia Biodiesel Market By Production Technology
12.6.8.3 Colombia Biodiesel Market By Blend
12.6.8.4 Colombia Biodiesel Market By Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Biodiesel Market By Feedstock
12.6.9.2 Rest of Latin America Biodiesel Market By Production Technology
12.6.9.3 Rest of Latin America Biodiesel Market By Blend
12.6.9.4 Rest of Latin America Biodiesel Market By Application
13 Company Profile
13.1 Archer Daniels Midland Company
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Renewable Biofuels, Inc.
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 TerraVia Holdings, Inc.
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Manuelita S.A.
13.4 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 FutureFuel Corp.
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Eco diesel Colombia S.A.
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Ag Processing, Inc.
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Wilmar International Ltd.
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Cargill, Inc.
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Technology/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Munzer Bioindustrie GmbH
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Technology/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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