United States Biodiesel Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

United States Biodiesel Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The United States biodiesel market is currently witnessing moderate growth. 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. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the United States biodiesel market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, 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.

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?