Global Biodiesel Market by Source, Application and Geography - Growth, Future Prospects & Competitive Analysis, 2017 – 2025: Credence Research
According to a new market report published by Credence Research Global Biodiesel Market - Growth, Future Prospects & Competitive Analysis, 2017 - 2025, the Global Biodiesel Market is expected to reach US$ 53.6 Bn by 2025, expanding at a CAGR of 4.4% during the forecast period 2017 - 2025. Browse the report at http://www.credenceresearch.com/report/biodiesel-market Market Insights Biodiesel market is expected to witness significant growth in biodiesel production across various countries along with increasing application of biodiesel across various industries including automotive, marine, agriculture, railway, power generation and mining. It is widely used as fuel and also blended in diesel fuel in various countries in the ratio of B20, B50 and B100 depending upon the regulatory guidelines of the respective countries. Biodiesel also finds application as industrial solvent, and lubricating agent. Rising investment in the expansion of production capacity of biodiesel in various e