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The India biodiesel market is expected to exhibit strong growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Biodiesel is a green, clean-burning fuel produced via the transesterification of edible and non-edible oils. It is renewable, cost-effective, carbon-neutral and non-toxic compared to conventional sources of fuels. As a result, it is extensively utilized in the automotive, marine and railway sectors of India to reduce carbon emissions. Moreover, as biodiesel improves the lubrication of an engine and enhances engine life, it is combined with petroleum diesel fuel for being used in compression ignition engines.
Inflating prices of petroleum products, in confluence with the rising environmental concerns, are escalating the demand for biodiesel in the automobile industry of India. Moreover, the increasing focus on sustainable development practices is bolstering the growth of the market. Furthermore, as biodiesel improves air quality, enhances energy security and provides various safety benefits, it is used to power underground mining equipment and machinery. Apart from this, the rising energy demand, along with the increasing utilization of biodiesel as a heating fuel in domestic and commercial boilers, is anticipated to influence the market positively in the upcoming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the india biodiesel market, along with forecasts at the country and regional level from 2021-2026. Our report has categorized the market based on feedstock, application, type and production technology.
Breakup by Feedstock:
Breakup by Application:
Breakup by Type:
Breakup by Production Technology:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Feedstock, Application, Type, Production Technology, Region|
|Region Covered||North India, West and Central India, South India, East India|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License $ 1999
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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