North America Biodiesel demand stood at 4.75 Million Tonnes in 2020 and is forecast to reach 7.824 Million Tonnes by 2030, growing at a healthy CAGR of 5.29% until 2030. The rising application of biodiesel across various end-user industries due to its eco-friendly nature and high-heat capacity is driving biodiesel demand in the region. Moreover, strong government support towards the replacement of fossil fuel with biofuel to reduce greenhouse emissions is another factor propelling demand growth in the region. In the United States, the US department of defense has decided to run most of its on-road fleets on biodiesel blends. Several companies are giving extended warranty on vehicles run on biodiesel as an effort to support biodiesel. Additionally, higher blending targets by the government are also pushing the demand further during the forecast period. High compatibility of biodiesel with the current diesel engines and renewability of resources might ensure that the costs would go down, which will support the demand rise in North America during the forecast period. The COVID-19 outbreak had a drastic impact on the regional economy, which led to reduced demand for biodiesel. However, with ease in lockdown restrictions, the commercialization and industrialization activities are gradually expanding, which is likely to influence the North America biodiesel market growth during the forecast period.Demand of Biodiesel is Set to Grow at a Healthy CAGR of 7.55% During the Forecast Period.
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Years Considered for Analysis:
- Historical Years: 2015 - 2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022 - 2030
Deliverables:
- Installed Capacity By Company-Installed capacity at a regional level along with the individual capacity of leading players
- Installed Capacity By Location-Installed capacity at country level
- Installed Capacity By Process-Installed capacity by different processes
- Installed Capacity By Technology-Installed capacity by different technologies being used to produce biodiesel
- Production By Company-Actual production done by different companies
- Operating Efficiency By Company-Operating efficiency at which different companies are operating their plants
- Demand By End Use-Demand/Sale of biodiesel in different end-user industries across the region
- Demand By Sales Channel-Demand/Sale of biodiesel by different sales channels across the region
- Demand By Country-Demand/Sale of biodiesel in different countries of the region United States, Mexico, Canada
- Demand & Supply Gap-Demand & Supply Gap at the regional level
- Market Share of Leading Players-Revenue shares of leading players in the region.
- News & Deals Historical & Current News & Deals in the biodiesel market
Table of Contents
1. North America Biodiesel Market Outlook, 2015-20301.1. Capacity, By Volume
1.1.1. By Country
1.2. Production
1.2.1. By Country
1.3. Operating Efficiency
1.3.1. By Country
2. North America Biodiesel Demand Outlook, 2015-2030, By Volume
2.1. By Application
2.2. By Sales Channel
2.3. By Country
2.4. Canada Biodiesel Market Outlook, 2015-2030
2.4.1. Capacity, By Volume
2.4.1.1. By Company
2.4.1.2. By Location
2.4.2. Production
2.4.2.1. By Company
2.4.3. Operating Efficiency
2.4.3.1. By Company
2.4.4. Canada Biodiesel Demand-Supply Scenario, 2015-2030, By Volume
2.4.4.1. Demand
2.4.4.2. Supply
2.4.4.3. Gap
2.4.5. Canada Biodiesel Demand Outlook, 2015-2030, By Volume
2.4.5.1. By Application
2.4.5.2. By Sales Channel
2.4.5.3. By Company Share (At least top 3 companies’ market share)
2.4.5.4. By Region
2.5. United States Biodiesel Market Outlook, 2015-2030
2.5.1. Capacity, By Volume
2.5.1.1. By Company
2.5.1.2. By Location
2.5.2. Production
2.5.2.1. By Company
2.5.3. Operating Efficiency
2.5.3.1. By Company
2.5.4. United States Biodiesel Demand-Supply Scenario, 2015-2030, By Volume
2.5.4.1. Demand
2.5.4.2. Supply
2.5.4.3. Gap
2.5.5. United States Biodiesel Demand Outlook, 2015-2030, By Volume
2.5.5.1. By Application
2.5.5.2. By Sales Channel
2.5.5.3. By Company Share (At least top 3 companies’ market share)
2.5.5.4. By Region
2.6. Mexico Biodiesel Market Outlook, 2015-2030
2.6.1. Capacity, By Volume
2.6.1.1. By Company
2.6.1.2. By Location
2.6.2. Production
2.6.2.1. By Company
2.6.3. Operating Efficiency
2.6.3.1. By Company
2.6.4. Mexico Biodiesel Demand-Supply Scenario, 2015-2030, By Volume
2.6.4.1. Demand
2.6.4.2. Supply
2.6.4.3. Gap
2.6.5. Mexico Biodiesel Demand Outlook, 2015-2030, By Volume
2.6.5.1. By Application
2.6.5.2. By Sales Channel
2.6.5.3. By Company Share (At least top 3 companies’ market share)
2.6.5.4. By Region
3.1. Country-wise Import
3.2. Country-wise Export
4. News and Deals
Methodology
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