The limited availability of petrol and its surging prices
have brought about the development of alternative fuels such as Biodiesel, Bioethanol, and Biogas. The major advantages of Biodiesel
are that it enhances engine life, and unlike petroleum, it does not pollute the
environment.
Biodiesel being
bio-degradable, non-toxic and containing negligible Sulphur content and 60%
less carbon dioxide emission, has been gaining high importance across the
globe.
The Biodiesel Market
is slated for a huge growth in the next few years not only because of the
growing environmental concerns, but also because of the surging prices for
non-renewable sources of energy, especially petroleum. Governments across the
globe are encouraging the use of biodiesel; and many countries have initiated
blending of conventional diesel with a percentage of biodiesel.
Market Segmentation:
Biodiesel Market has been segmented into broad 5 types based
on the following factors:
1. By Method of Synthesis: Pyrolysis,
Dilution, Microemulsion and Transesterifucation.
2. By Source: Vegetable Oils, Animal Fat
and Others.
3. By Blends: B100, B20, B5 and Others.
4. By Application: Automotive, Aviation,
Industrial, Marine, Heating Fuel, Mining Sector and Others.
5. By Geography: Americas, Europe, APAC
and ROW.
Key Market Vendors:
IndustryARC has studied and analyzed more than 40 key
players of the global Biodiesel market with few top few ones being:
·
Cargill, Incorporated
·
Neste Corporation
·
Imperium Renewables, Inc.
·
Atlantic Biodiesel Corporation
·
Archer Daniels Midland Company
Report Scope:
The research analyzes key trends, major issues and growth
opportunities in the global biodiesel market. Market share by production
capacity, elaborate profiling of major industry participants and information on
major present and upcoming production facilities provide insight into the
competitive scenario in the global biodiesel industry. This coupled with
information on important news and deals provide a comprehensive understanding
of the market. Information on the regulatory framework and key policies
governing the industry has also been dealt with in detail.
**To Know More about
Biodiesel Market, Download Sample Market Brochure @ http://www.industryarc.com/pdfdownload.php?id=11699
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