World - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Biodiesel - Market Analysis, Forecast, Size, Trends And Insights

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Plants Used for Biofuel

Plants have been considered the most likely source of biofuel because they are renewable, produce less greenhouse gases, and do not cause any environmental hazards compared to fossil fuels. Biofuels are made from the oils, starch, and sugar content found in crops such as soybean, corn, sugarcane, algae, and switchgrass. Other plants such as jatropha, cassava, and sorghum have also been studied as potential biofuel sources.

Soybean plants have high oil content and are viewed as a viable biofuel source. The oil is extracted from the seeds and can be converted into biodiesel. Soybeans are grown in different parts of the world including the United States, Brazil, and Argentina. Brazil has succeeded in converting soybean oil into biodiesel, and it supplies up to 5% of its diesel needs.

Corn is a staple food crop that has high starch content, and it is a potential biofuel source. Corn can be converted into ethanol, which is an additive in petrol. Corn is widely grown in the US, and it is the main source of ethanol in the country. However, its use as a biofuel source has come under criticism because it competes with food production, leading to food insecurity in developing countries.

Sugarcane has high sugar content, and it is a potential biofuel source. Like corn, sugarcane can also be converted into ethanol, which is widely embraced in Brazil, and it is the country's main source of fuel. The sugarcane is crushed to extract the juice, which is fermented to produce ethanol. Sugarcane is widely grown in tropical and subtropical countries such as Brazil, India, and Thailand.

Algae is a fast-growing aquatic plant that has high oil content, and it is a potential biofuel source. Algae can be grown in ponds, tanks, or open water bodies, and it can be harvested using different techniques. The oil content in algae is extracted using various methods such as solvents, cold pressing, and supercritical CO2. Algae biofuels have attracted much attention because they do not compete with food production, and they can be grown in areas with little water.

Switchgrass is a tall perennial grass that is native to North America, and it is a potential biofuel source. Switchgrass is tolerant to drought and can be grown on marginal lands, reducing the competition for land with food crops. The cellulose content in switchgrass can be converted into biofuels such as ethanol using biochemical and thermochemical processes.

Jatropha is a perennial shrub that has oily seeds, and it is a potential biofuel source. Jatropha can be grown on marginal lands, and its seeds can be crushed to extract the oil, which can be converted into biodiesel. Jatropha has been grown in different parts of the world, including India, Indonesia, and Brazil. The use of jatropha as a biofuel source has, however, faced challenges such as low yields, pests and diseases, and the need for large areas to cultivate the crop.

Cassava is a root crop that is widely grown in Africa, Asia, and South America, and it is a potential biofuel source. The cassava starch can be converted into bioethanol using fermentation, distillation, and dehydration processes. Cassava has been viewed as a biofuel source because it has a high yield per hectare, and it can be grown on marginal lands. However, the use of cassava as a biofuel source has raised concerns about food security, especially in countries where cassava is a staple food crop.

Sorghum is a cereal crop that has high sugar content, and it is considered a potential biofuel source. Sorghum can be used to produce bioethanol, and studies have shown that it is more drought-tolerant compared to corn. Sorghum has been grown in different parts of the world, including Africa, Asia, and Latin America. The use of sorghum as a biofuel source has been hampered by low yields and the need for large tracts of land to cultivate the crop.

In conclusion, there are various plants that can be used as biofuel sources, but their suitability depends on factors such as availability, yield, land requirements, and environmental sustainability. The use of biofuels can help reduce the reliance on fossil fuels, mitigate climate change, and enhance energy security. However, there is a need for more research and development to identify plants that have high biofuel potential, are environmentally sustainable, and do not compete with food production.

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Aleksandr Romanenko
Aleksandr Romanenko

This report provides an in-depth analysis of the global biodiesel market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20595997 - Biofuels (diesel substitute)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Cosan, Renewable Energy Group, Verbio, Green Plains, Aemetis, Gevo, American Resources, Green Plains Partners, REX American Resources, Targray, R.W. Davis Oil Co., Merrimac Energy Group, Dreyfus, Aemetis, Inc., Shipley Energy, Hightowers Petroleum Co., SK Chemicals America, Alternative Petroleum Technologies, Golden Leaf Energy, Taylor Oil Co., Seaport Refining, 0 Energy, Pacific Biodiesel Technologies, Phoenix Petroleum Co., Western States Petroleum, KCA Solar Power Generating Company Ltd, Piedmont Biofuels Industrial, GPM Empire, Delek US Holdings Inc., RKA Petroleum Companies, Sunpol Resins & Polymers, Ricochet Fuel Distributors

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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