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Global Biodiesel Market Overview and Analysis of Diester Industries, Neste Oil, ADM, Infinita Renovables, Biopetrol and more

Biodiesel is a renewable fuel made from various fats and oils and other sources such as cooking oil, animal fat, plant oil, and algae. It is made through a process called transesterification which involves breaking down the triglycerides (the main component of the fatty acid) to form methyl ester (a new liquid fuel) and glycerol (a by-product). Biodiesel can be blended with petroleum diesel (from 10-99%), and as an energy source it can be used for transportation, power generation, and home heating.

Biodiesel is used mainly as a substitute for regular diesel in a range of applications, such as buses, on-road, off-road, and marine. Biodiesel has become increasingly popular over the past several years due to its relatively low cost, high energy density, and low impact on the environment. In addition to being renewable, biodiesel may also have benefits over diesel, such as lower emissions and improved engine performance.

The global Biodiesel market was valued at US$ 24020 million in 2022 and is anticipated to reach US$ 26690 million by 2029, witnessing a CAGR of 1.5% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

A detailed market research report on Global Biodiesel Market available at:

This report aims to provide a comprehensive presentation of the global market for Biodiesel, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodiesel.

Global Biodiesel key players include Diester Industries, Neste Oil, ADM, Infinita Renovables, Biopetrol etc. Global top five manufacturers hold a share over 15%.

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Release by:

Shirish Gupta

Marketing Manager

The Market Reports

Call: +1-631-407-1315 / +91-750-729-1479