Global Biodiesel Market to Register Revenue CAGR of Over 4% Over Next 10 Years - MarketResearch.biz - Seite 2

However, the manufacturing process of biodiesel from vegetable oil and animal fat is very extensive and requires high investment, which is expected to challenge growth of the global biodiesel market.

Production of second generation biodiesel using alternative process may create lucrative opportunities for manufacturers operating in the global biodiesel market.

Global Biodiesel Market: Market Forecast 

The comprehensive research report comprises a complete forecast of the global biodiesel market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global biodiesel market is expected to expand at a CAGR of over 4.0% during the forecast period.

Global Biodiesel Market: Segmental Snapshot 

The global biodiesel market is segmented in feedstock type, application, and region. On the basis of feedstock type, the market is segmented into vegetable oil and animal fat. On the basis of application, the market is segmented into fuel, power generation, and others. The regions covered in the analysis are North America, Europe, Asia Pacific, South America, and Middle East & Africa.

According to global biodiesel market infographics published on MarketResearch.biz, over 4% CAGR by feedstock type.

By feedstock type: The vegetable oil segment is estimated to register a CAGR of over 4%, thereby accounting for highest revenue share among the feedstock type segments.

By application: The fuel segment is estimated to account for highest revenue share among the application segments, registering a CAGR of over 5% during the forecast period.

By region: The market in Europe accounted for highest revenue share in the global biodiesel market in 2016, and the market in Asia Pacific is expected to register highest CAGR of over 5% between 2017 and 2026.

Browse Complete Report's Table of Content Here: https://marketresearch.biz/report/biodiesel-market/

Global Biodiesel Market: Competitive Analysis 

The research report on the global biodiesel market includes profiles of major companies such as Archer Daniels Midland Company, Wilmar International Ltd., FutureFuel Corporation, Renewable Energy Group, Inc., BIOX Corporation, American Biodiesel, Inc., Incobrasa Industries, Ltd., AgriBioFuels, LLC, Bunge Limited, Münzer Bioindustrie GmbH