The limited availability of
petrol and its surging prices have brought about the development of Biodiesel Market which provides alternative biofuels 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.
IndustryARC suggests that the GlobalBiodiesel Market shall grow at a CAGR
of 6.60% during the forecast period 2015-2020. With rising consumption of
biodiesel fuel across the globe, the biofuel production (in biodiesel plant) is
only expected to continue increasing in terms of both, quality and quantity.
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 in terms of being
the most adopted biofuel.
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.
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
To Avail a Sample PDF Brochure on “Biodiesel Market”, Follow the Below
Link:
CONTACT:
Mr. Sanjay Matthews
Sales Manager
#: +1-614-588-8538 (Ext: 101)
