Biodiesel is a renewable fuel that is produced from renewable sources such as vegetable oils, animal fats, and recycled cooking oil. It is used as an alternative biofuel in existing diesel engines without the need for engine modification. Biodiesels are biofuels consisting of long-chain alkyl esters. It is synthesized by chemically reacting lipids such as vegetable oils and animal fats with an alcohol producing fatty acid esters. Biodiesel can be used singularly or blended with petroleum-based diesel in any proportions. They are also prevalently used as heating oil.

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Companies Profiled:

• ARCHER DANIELS MIDLAND COMPANY(ADM)
• BIOX CORPORATION
• BUNGE LIMITED
• CARGILL
• GREEN FUELS LTD
• MüNZER BIOINDUSTRIE GMBH
• NESTE CORPORATION
• RENEWABLE ENERGY GROUP INC.
• WILMAR INTERNATIONAL LIMITED
• TERRAVIA HOLDINGS INC.

Biodiesel works seamlessly with existing diesel engines and diesel vehicles. It is mostly used as a blend with petroleum diesel fuel in diesel vehicles. Biodiesel is known to raise the cetane number of the fuel and improve fuel lubricity. The high cetane number of biodiesel fuel reduces ignition delay in engines while the better lubrication properties of biodiesels reduce friction between engine parts and reduce additional wear. The gradual transition of the automobile sector to green mobility is anticipated to drive the demand for biodiesel fuels in the forecast period.

The "Global Biodiesel Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the biodiesel market with detailed market segmentation by feedstock type, blend, end-use industry, and geography. The global biodiesel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biodiesel market players and offers key trends and opportunities in the market.

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