Market Overview:

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.

Key Market Segmentation:

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:

• Vegetable Oils
• Animal Fats
• Others
   

Breakup by Application:

• Fuel
• Power Generation
• Others
   

Breakup by Type:

• B100
• B20
• B10
• B5
   

Breakup by Production Technology:

• Conventional Alcohol Trans-esterification
• Pyrolysis
• Hydro Heating
   

Breakup by Region:

• Northeast
• Midwest
• South
• West
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the United States biodiesel market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States biodiesel market?
• What are the key regional markets?
• What is the breakup of the market based on the feedstock?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the production technology?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the United States biodiesel market and who are the key players?
• What is the degree of competition in the industry?