Europe advanced biodiesel market is expected to witness significant growth over the forecast period, owing to the rising potential of renewable resources in overcoming environmental challenges by ensuring that dependence on fossil fuels has been reduced. Various schemes have been introduced by the government which are providing financial assistance for renewable energy. For instance, in May 2019, the U.K. launched the third Contracts for Difference (CfD) round to support up to 6 gigawatts (GW) of new renewable capacity. The Contracts for Difference aim to support low-carbon technologies and investment in renewable energy. The growth of the market is also supported by the increasing investments by major market players in second-generation biofuels, which are produced majorly from residues, waste materials, and non-food crops. However, the growth of the market is restrained by the high costs of production, which include energy costs and feedstock costs.
Key features of the study:
- This report provides in-depth analysis of Europe advanced biodiesel market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the Europe advanced biodiesel market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Argent Energy (UK) Limited, BDI-BioEnergy International GmbH, Biocom Energia, S.L., Renewable Energy Group, Inc., Olleco, Abengoa S.A., Royal Dutch Shell plc, Archer Daniels Midland Company, Bio-Oils Energy S.A., and Münzer Bioindustrie GmbH.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up-gradation, market expansion, and marketing tactics
- The Europe advanced biodiesel market report caters to various stakeholders in this industry including investors, suppliers, advanced biodiesel manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Europe advanced biodiesel market
Detailed Segmentation:
- Europe Advanced Biodiesel Market, By Raw Material:
- Trap Grease & Brown Grease
- Yellow Grease
- Algae
- Agriculture & Forest Residue
- Municipal Solid Wastes (MSWs)
- Others (Cellulosic Biomass, etc.)
- Europe Advanced Biodiesel Market, By End-use Industry:
- Automotive
- Aviation
- Marine
- Transportation
- Power Generation
- Others (Lubrication, etc.)
- Europe Advanced Biodiesel Market, By Country:
- U.K.
- Germany
- France
- Italy
- Spain
- Austria
- Belgium
- Poland
- Russia
- Czech Republic
- Rest of Europe
- Company Profiles
- Argent Energy (UK) Limited
- BDI-BioEnergy International GmbH
- Biocom Energia, S.L.
- Renewable Energy Group, Inc.
- Olleco
- Abengoa S.A.
- Royal Dutch Shell plc.
- Archer Daniels Midland Company
- Bio-Oils Energy S.A.
- Münzer Bioindustrie GmbH
