Abstract
The Global Biodiesel industry has grown significantly over the past decade
captivating the interest of various industry groups such as governments, end
users, Biodiesel producers and oil seed (feedstock) growers. Some of the main
drivers behind this tremendous growth are - reducing dependence on imported
oil, environmentally friendly alternative to diesel, Kyoto protocol (for
reducing greenhouse gas emission), able to use Biodiesel blended fuel in the
existing diesel engines without (or little) modifications and compatible with
existing fuel distribution infrastructure.
The Global Biodiesel market is estimated to reach 37 billion gallons by 2016
growing at an average annual growth of 42%. Europe will continue as the major
Biodiesel market for the next decade or so with closely followed by the US
market.
We have put together this research study to provide the reader with better
understanding of Biodiesel market status, production process, public policy,
major players and application trends. This study consists of current market
status, share, size and forecast for the three major geographical regions
(Europe, USA and Rest of the World). It also discusses about the various
Government policies, incentives, tax credits and fuel quality issues and
standards that have been undertaken around the world to promote Biodiesel
production and use. Profiles of 20 major Biodiesel producers in the US region
and 12 major Biodiesel producers in the European region have been discussed in
this market research study.
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