The Market Reports

Synopsis
The global market for Biodiesel was estimated to be worth US$ 24740 million in 2024 and is forecast to a readjusted size of US$ 27418 million by 2031 with a CAGR of 1.5% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Biodiesel cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Biodiesel is a renewable, biodegradable fuel made primarily from vegetable oils, animal fats, or recycled cooking oils through a process called transesterification. In this chemical reaction, fats or oils are combined with an alcohol (typically methanol) and a catalyst to produce fatty acid methyl esters (FAME), the chemical name for biodiesel. Biodiesel is commonly blended with petroleum diesel in various ratios (such as B5, B20, or B100), allowing it to be used in most existing diesel engines without significant modifications. Compared to conventional diesel, biodiesel offers reduced emissions of carbon monoxide, particulate matter, unburned hydrocarbons, and sulfur oxides, making it an environmentally friendly alternative for transportation, power generation, and industrial heating.
Global Market Trends
The global biodiesel market has experienced steady growth over the past decade, driven by increasing environmental regulations, energy security concerns, and rising demand for cleaner fuels. Europe has traditionally led the biodiesel industry, with strong policy support under the Renewable Energy Directive (RED II), particularly in countries like Germany, France, and Spain. In North America, the United States remains a key producer, supported by the Renewable Fuel Standard (RFS) and Biodiesel Tax Credit programs. Asia-Pacific is emerging as a fast-growing market due to increasing vehicle populations and national biofuel mandates in countries like Indonesia, Malaysia, and China. Feedstock diversification is also becoming increasingly important, with used cooking oil (UCO), palm oil, tallow, and soybean oil being major sources depending on regional availability.
Emerging Developments and Challenges
Recent market trends highlight the transition toward advanced biodiesel technologies, such as hydrotreated vegetable oil (HVO), which offers higher quality fuel and better cold flow properties than traditional FAME biodiesel. Sustainability and feedstock traceability are also under intense scrutiny, particularly for palm oil-based biodiesel, which is linked to deforestation and biodiversity loss. As global climate policies tighten, biodiesel’s role in decarbonizing heavy-duty transport and aviation is being reassessed, especially in comparison to electric vehicles and green hydrogen. While demand remains robust, producers face challenges including volatile feedstock prices, competition from other renewable fuels, and evolving regulatory frameworks. Nonetheless, biodiesel remains a vital component in the global shift toward a circular, low-carbon energy economy.
This report aims to provide a comprehensive presentation of the global market for Biodiesel, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Biodiesel by region & country, by Type, and by Application.
The Biodiesel market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodiesel.
Market Segmentation
By Company
Renewable Energy Group
Cargill
Greenergy
Louis Dreyfus Company
Wilmar International
Renewable Biofuels (USA)
Ag Processing Inc.
ADM
Verbio
Bunge
Argent Energy
Zhuoyue New Energy
Jiaao Enprotech Stock
Moeve
Hebei Jingu
Tangshan Jinlihai
Anhui Tianyi
Viterra
Shanghai Zhongqi
Shandong Fenghui
SARIA
Longhai Bioenergy
Evergreen BioEnergy
Segment by Type
FAME
HVO
Segment by Application
Industrial Fuels
Automotive Fuels
Chemical
SAF
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Biodiesel manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Biodiesel in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Biodiesel in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index