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The United States biodiesel market is expected to exhibit moderate growth during 2022-2027. 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 renewable energy source produced by the transesterification of recycled cooking oils and animal fats. It is economical, carbon-neutral and non-toxic as compared to fossil fuels. As it releases lower carbon footprints in the environment and offers enhanced energy security, it is extensively utilized in the automotive, marine, railway, agriculture and mining industries in the United States.
The rising environmental concerns, along with the depleting non-renewable energy sources, such as petrol, diesel and Liquified Petroleum Gas (LPG), represents one of the key factors impelling the market growth in the United States. Moreover, the implementation of favorable government policies encouraging the utilization of eco-friendly fuel is escalating the demand for biodiesel in residential and commercial heating. Furthermore, the rising energy demand is increasing the utilization of biodiesel in power generation. Besides this, the emergence of third-generation biofuels using algae can produce a diverse and high quantity of fuel compared to other feedstocks. This is anticipated to create a positive influence on the market growth in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States biodiesel market, along with forecasts at the country and regional level from 2022-2027. 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||2021|
|Segment Coverage||Feedstock, Application, Type, Production Technology, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 2999
Corporate License: US$ 3999
|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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