The global Biodiesel market has expanded to reach approximately 68 million tonnes in 2024 and is expected to grow at a CAGR of 3.95% during the forecast period until 2035. Biodiesel is a type of fuel made from bio-based resources such as vegetable oil and animal fat. It is renewable in nature with a lesser carbon footprint. It can be used in existing diesel engines in vehicles without any modification.
Biodiesel is produced via transesterification whereby the glycerin is separated from animal fat or vegetable oil, leaving behind methyl esters and glycerin. Its major application areas are fuel and power generation. Lesser greenhouse gas emissions associated with biodiesel and its biodegradable nature combined with the growing need to replace fossil fuel with renewable fuel are projected to drive the demand for biodiesel for the forecast period. Moreover, the compatibility of biodiesel with the existing diesel engines is another factor prop demand growth for biodiesel during the forecast period. Increasing population and the subsequent growth in the number of vehicles and other industries using biodiesel is also expected to support a demand rise for biodiesel. The global Biodiesel market is anticipated to reach 101 million tonnes by 2035.
By demand, North America dominates the global with most of the demand comes from the USA. In 2024, approximately 40% of the global demand was accounted for by North America. It is mainly driven by the use of renewable energy derived from agricultural and forestry areas across U.S. Biofuel holds a significant portion of the fuel used in the U.S. transportation industry. This region is anticipated to display similar consumption share in the forecast period owing to the rapidly expanding automotive sector. Moreover, in the APAC region due to the expansion of the automotive and energy industries, which are the main consumers of eco-friendly fuel, biodiesel demand is anticipated to increase in the forecast period. Currently, U.S. holds the largest production capacity of Biodiesel.
Based on the end-use, the global Biodiesel market is segregated into Fuel, Power Generation, and Others (Industrial Solvents, Aviation, Laboratory Use etc.,). The Fuel sector is dominating the Biodiesel market. In 2024, this sector consumed roughly 80% of the global Biodiesel market and is anticipated its position in the forthcoming years. The demand for clean and green fuel is anticipated to swell up the demand of Biodiesel in the forecast period.
Major players in the production of Global Biodiesel are Infinita Renovables Castellón, Diester Industrie, Ineos, VERBIO's, PT Wilmar Bioenergi Indonesia, Argent Energy, Bio Oils Huelva, Harvest Energy, Iniciativas Bioenergéticas (Calahorra), Greenergy’s, PT Musim Mas, Simadan subsidiary Biodiesel, Petrotec AG, Ennovor Biofuels, PT Kutai Refinery Nusantara, and Others.
Years considered for this report:
Historical Period: 2015- 2023
Base Year: 2024
Estimated Year: 2025
Forecast Period: 2026-2035
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Objective of the Study:
• To assess the demand-supply scenario of Biodiesel which covers production, demand and supply of Biodiesel market in the globe.
• To analyse and forecast the market size of Biodiesel
• To classify and forecast Global Biodiesel market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Biodiesel market in the globe.
To extract data for Global Biodiesel market, primary research surveys were conducted with Biodiesel manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Biodiesel market over the coming years.
ChemAnalyst calculated Biodiesel demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical extraction and supply and demand of Biodiesel across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Biodiesel manufacturers and other stakeholders
• Organizations, forums and alliances related to Biodiesel distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Biodiesel manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Biodiesel market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
Details
Market size Volume in 2024
68 million tonnes
Market size Volume by 2035
101 million tonnes
Growth Rate
CAGR of 3.95% from 2025 to 2035
Base year for estimation
2025
Historic Data
2015 – 2024
Forecast period
2025 – 2035
Quantitative units
Demand in million tonnes and CAGR from 2025 to 2035
Report coverage
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
Segments covered
By End-Use: (Fuel, Power Generation, and Others)
By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope
North America, Europe, Asia Pacific, Middle East and Africa, and South America.
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Market Data & Insights
Table of Content
1. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Biodiesel market in terms of value and volume.
2. Capacity By Company
On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Biodiesel.
3. Capacity By Location
To better understand the regional supply of Biodiesel by analyzing its manufacturers' location-based capacity.
4. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
5. Production By Company
Study the historical annual production of Biodiesel by the leading players and forecast how it will grow in the coming years.
6. Demand by End- Use
Discover which end-user industry (Fuel, Power Generation, and Others (Industrial Solvents, Aviation, Laboratory Use etc.,)) are creating a market and the forecast for the growth of the Biodiesel market.
7. Demand by Region
Analyzing the change in demand of Biodiesel in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you to map the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell Biodiesel. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.
9. Demand-Supply Gap
Determine the supply-demand gap to gain information about the trade surplus or deficiency of Biodiesel.
10. Company Share
Figure out what proportion of the market share of Biodiesel is currently held by leading players across the globe.
11. Country-wise Export
Get details about quantity of Biodiesel exported by major countries.
12. Country-wise Import
Get details about quantity of Biodiesel imported by major countries.
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What was the global market size of Biodiesel in terms of volume in 2024?
Ans:
The global market size of Biodiesel was approximately 68 million tonnes in 2024.
Q2.
Which end-use industry dominates the Global Biodiesel market?
Ans:
The Fuel industry is dominating the global Biodiesel market and accounted a market share of 80% in 2024.
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