NEW YORK, May 31, 2016 /PRNewswire/ -- Energy is the major need for development of any country, more energy needed to support the increasing population in both economic and social development aspect. Scarcity of fossil fuels which is the primary source of energy drives to develop other alternate energy sources. Biodiesel is one of those innovative development which can be used as a replacement to the conventional petroleum diesel. Biodiesel benefits are it is bio-degradable, non-toxic, negligible sulphur content and 60% less carbon dioxide emission.
The global biodiesel market is evaluated based on key sources or feedstock of production such as vegetable oil, animal fat, biomass and others. Biodiesel market can be segmented based on the blend proportion such as B100, B20, B5 and more. The major applications of biodiesel are in automotive, aviation, industrial, marine and more. The report also focuses on different geographic regions and the key countries in terms of changing trends in using biodiesel in various fields.
This report gives the detailed information about the product value chain right from the beginning, which as the power in the hands of producers and consumers, analysis of the degree of competition, and threats of substitutes and new entrants. Apart from the above, the report also includes raw materials till end-use. Among a wide range of manufacturers which contribute to the global biodiesel market
Some major players dominating the biodiesel industry are:
Archer Daniels Midland Company
Renewable Energy Group, Inc.,
Solazyme Inc. and others .
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