Home > Energy & Power > Emerging Energy Technologies > Biofuel > Biodiesel Market

Biodiesel Market Share

Report ID: GMI8262
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Biodiesel Market Share

Renewable Energy Group holds a significant position within the biodiesel business, acknowledged for its widespread utility across diverse industries. Leveraging a strong legacy entrenched in the solar energy sectors, the company has successfully provided biodiesel solutions catering to a broad range of applications in commercial, industrial, and utility domains.

Biodiesel Market Companies

The major companies are focusing on marketing strategies, technological advancements, brand recognition and economies of scale to meet the competition prevailing in the industry. The key industry market players include:

Abellon Clean Energy
Ag Processing, Inc.
ALTRET GREENFUELS LIMITED
Anellotech
Archer Daniels Midland Company (ADM)
Bunge Ltd.
Cargill
Chevron Corporation
Clariant
FutureFuel Corporation
Greenergy
Manuelita S.A.
Renewable Biofuels, Inc.
Renewable Energy Group
TerraVia Holdings, Inc.
Total Energies
Universal Biofuels Private Limited
Washwell Biodiesel
Wilmar International Ltd.

Authors: Ankit Gupta , Utkarsh Mahajan

Frequently Asked Questions (FAQ) :

The market size of biodiesel was reached USD 35.5 billion in 2023 and is estimated to grow at a CAGR of over 7.2% up to 2032, driven by a confluence of environmental concerns, renewable energy initiatives, and a shift towards sustainable fuel alternatives.

The vegetable oil feedstock segment will grow at a CAGR of over 7% through 2032, owing to its abundant and readily available nature.

North America biodiesel market revenue to cross more than USD 26 billion by 2032, driven by the presence of a well-established agricultural sector.

Abellon Clean Energy, Ag Processing, Inc., ALTRET GREENFUELS LIMITED, Anellotech, Archer Daniels Midland Company (ADM), Bunge Ltd., Cargill, Chevron Corporation, Clariant are some of the major industry contenders.