![\"\"](\"https:\/\/i0.wp.com\/gapki.id\/en\/allies-en\/uploads\/2023\/01\/biodiesel_gatra.com_.png?resize=942%2C547&ssl=1\")
<\/a><\/p>\nEmergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. It stated that increased need for sustainable fuels in power generation and transportation are some of the key factors driving market revenue growth.<\/p>\n
Biodiesel\u00a0is a renewable and biodegradable fuel manufactured from organic materials vegetable oils, recycled restaurant grease, or animal fats and is considered a better alternative than traditional fossil fuels. Fossil fuels such as petroleum are mostly imported from OPEC countries and fluctuating oil prices due to geopolitical pressures have negatively impacted end-user industries significantly. The production of biodiesel\u00a0can reduce dependence on foreign oil and bring down oil imports and can improve the balance of trade between various countries. Government of various countries has therefore formulated strategic policies to expand and diversify the domestic production capacity of biodiesel. This is expected to drive the revenue growth of the market to a greater extent.<\/p>\n
Drivers:<\/em><\/strong><\/p>\nIncreased need for sustainable fuels in power generation and transportation is a primary factor that is expected to drive revenue growth in the market. Biochemical or thermochemical methods are used to turn biomass into biofuels such as ethanol, methanol, biodiesel, biocrude, and methane. In addition, biodiesel reduces carbon emissions on average by 80% when compared to petrol and diesel, and therefore is considered a better carbon reduction tool commercially available. In the USA one-third of the country’s carbon dioxide (CO2) emissions are attributable to the transportation industry and therefore use of biodiesel as an alternative fuel in vehicles can bring the carbon dioxide emission to a significant extent.<\/p>\n
The National Biofuels Program is run by the USA Department of Energy with the objective to adopt and commercialize the finest technologies in an effort to realize the widespread use of biomass-based transportation fuels that are cost-effective, environmentally sound, and efficient. This is expected to increase the demand for biodiesel and therefore drive the revenue growth of the market.<\/p>\n
Restraints:<\/em><\/strong><\/p>\nPerformance issues with biodiesel, an insufficient supply of feedstock to produce biodiesel, and weaker cold filtering capabilities are some factors restraining the revenue growth of the market. Engine’s performance is\u00a0affected by low-quality biodiesel due to\u00a0time deposits, corrosion, and other problems that\u00a0could build up until the vehicle’s\u00a0engine breaks catastrophically. These factors are major restraints in the revenue growth of the market.<\/p>\n
Growth Projections:<\/em><\/strong><\/p>\nThe Biodiesel market is expected to register a CAGR of 9.9% over the forecast period and revenue is projected to increase from US$32.05 Billion\u00a0in 2021 to US$75.57 Billion in 2030. Increasing government initiatives to promote biodiesel and increased need for sustainable fuels in power generation and transportation are expected to drive the revenue growth of the market.<\/p>\n
Current Trends and Innovations:<\/em><\/strong><\/p>\nIncreasing government initiatives to promote biodiesel has led to an increase in production of biodiesel. Since ethanol is a renewable energy source, it is a better substitute for fossil fuels and can be used as a fuel for generating power. Molasses fermentation is used to produce ethanol at the industrial level. On 19 May 2022, the government of India amended the National Policy on Biofuels which would allow the government more feedstocks\u00a0for biofuels production. Additionally, under the new amendments, the Government of India is promoting the establishment of units in Special Economic Zones (SEZ) or Export Oriented Units to produce biofuels in the nation as part of the Make in India program (EoUs). This can lead to an increase in production of biodiesel and therefore drive the revenue growth of the market. (*)<\/p>\n
Source: prnewswire.co.uk<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"VANCOUVER —\u00a0The Biodiesel market size reached US$32.05 Billion in 2021\u00a0and is expected to register a CAGR of 9.9% during the forecast period, according to latest analysis by Emergen Research.<\/p>\n","protected":false},"author":1,"featured_media":22570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3708,3709],"tags":[],"class_list":["post-22569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publication","category-recent-news"],"yoast_head":"\n
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The average price in the first seven months of 2022 also exceeded 11,000 yuan. Biodiesel stocks have\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/sawit_palmoil_purnomoyusgiantorocenter.org_.png?fit=860%2C514&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/sawit_palmoil_purnomoyusgiantorocenter.org_.png?fit=860%2C514&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/sawit_palmoil_purnomoyusgiantorocenter.org_.png?fit=860%2C514&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/01\/sawit_palmoil_purnomoyusgiantorocenter.org_.png?fit=860%2C514&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":32005,"url":"https:\/\/gapki.id\/en\/news\/2026\/09\/13\/brin-develops-new-technology-to-process-uco-into-biodiesel\/","url_meta":{"origin":22569,"position":3},"title":"BRIN Develops \u201cNew Technology\u201d To Process UCO Into Biodiesel","author":"admin","date":"September 13, 2026","format":false,"excerpt":"YOGYAKARTA \u2013 The Indonesian Nuclear Technology Polytechnic (Poltek Nuklir) under the National Research and Innovation Board (BRIN) has successfully developed an application for Cobalt-60 (Co-60) gamma irradiation technology for enhancing biodiesel production from used cooking oil (UCO). The technological development aims to address the need for renewable energy that is\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/nuclear_b60_.jpg?fit=876%2C402&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/nuclear_b60_.jpg?fit=876%2C402&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/nuclear_b60_.jpg?fit=876%2C402&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/09\/nuclear_b60_.jpg?fit=876%2C402&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":28905,"url":"https:\/\/gapki.id\/en\/news\/2024\/11\/16\/trumps-win-creates-uncertainty-in-global-edible-oil-market\/","url_meta":{"origin":22569,"position":4},"title":"Trump\u2019s Win Creates Uncertainty In Global Edible Oil Market","author":"admin","date":"November 16, 2024","format":false,"excerpt":"Nusa Dua, Bali \u2013 The election victory of Donald Trump as President of the USA will cause energy policy change and uncertainty. Although not the main consumer of palm oil, the energy policy of USA will significantly impact the global market of palm oil, including in Indonesia. Alvin Tai, analyst\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/11\/trump_donald_us_.jpg?fit=808%2C505&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/11\/trump_donald_us_.jpg?fit=808%2C505&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/11\/trump_donald_us_.jpg?fit=808%2C505&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2024\/11\/trump_donald_us_.jpg?fit=808%2C505&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":31919,"url":"https:\/\/gapki.id\/en\/news\/2026\/08\/26\/palm-d100-green-solution-to-cut-ris-reliance-on-fossil-fuels\/","url_meta":{"origin":22569,"position":5},"title":"Palm D100: Green Solution To Cut RI\u2019s Reliance On Fossil Fuels","author":"admin","date":"August 26, 2026","format":false,"excerpt":"Indonesia is not only known as the world\u2019s largest producer of palm oil. But it has also managed to use it as single raw material to produce 100 percent green diesel. The innovative product is known as palm oil-based D100 or Green Diesel D100, as it is purely produced from\u2026","rel":"","context":"In "Publication"","block_context":{"text":"Publication","link":"https:\/\/gapki.id\/en\/news\/category\/publication\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/08\/D100_gapki.id_.jpg?fit=1183%2C713&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/08\/D100_gapki.id_.jpg?fit=1183%2C713&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/08\/D100_gapki.id_.jpg?fit=1183%2C713&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/08\/D100_gapki.id_.jpg?fit=1183%2C713&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2026\/08\/D100_gapki.id_.jpg?fit=1183%2C713&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/gapki.id\/en\/dir-site\/uploads\/2023\/05\/sawit_indonesia_himbau_waspada_karhutla.jpg?fit=812%2C508&ssl=1","_links":{"self":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/comments?post=22569"}],"version-history":[{"count":0,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/posts\/22569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media\/22570"}],"wp:attachment":[{"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/media?parent=22569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/categories?post=22569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gapki.id\/en\/wp-json\/wp\/v2\/tags?post=22569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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