Biodiesel Market - Top Companies and Manufacturers

  • Report ID: 6380
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Companies Dominating the Biodiesel Landscape

    The biodiesel market is highly competitive and fragmented, with several key players competing to increase their shares in the market by introducing new innovative products and strategic partnerships. Companies including Neste Corporation, Renewable Energy Group (REG), and Archer Daniels Midland Company are among the leading players in the industry due to their significant manufacturing capacity as well as presence across multiple regions. As a result, these companies are increasing their R&D activities to improve biodiesel productivity and develop new products — thereby enabling them to stay competitive in the changing market landscape. 

    Here are some leading players in the market:

    • FutureFuel Corp
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Ecodiesel Colombia S.A.
    • Manuelita S.A.
    • TerraVia Holdings, Inc.
    • Renewable Biofuels, Inc.
    • Ag Processing, Inc.
    • Archer Daniels Midland Company (ADM)
    • Wilmar International Ltd
    • Bunge Ltd.
    • Cargill, Inc.
    • Louis Dreyfus Company
    • Biox Corp
    • Munzer Bioindustrie GmbH
    • Neste Oyj
    • Renewable Energy Group, Inc.

Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, Benson Hill expanded its innovation pipeline to include advanced traits for soybean oil and biofuel, contributing to the biodiesel market by improving feedstock efficiency and sustainability.
  • In January 2024, Scania initiated a biodiesel pilot program in Côte d'Ivoire, testing the viability of biodiesel production and usage in local transportation.
  • In October 2023, Yang Ming Marine Transport Corporation launched a sustainable biofuel initiative, focusing on biodiesel to reduce the environmental impact of shipping operations.
  • In October 2023, Vitol announced the upcoming launch of specialized biofuel bunker barges by early 2024, enhancing the availability of biodiesel for maritime fuel applications.

Author Credits:  Dhruv Bhatia


  • Report ID: 6380
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The biodiesel market size was USD 50 billion in 2023.

The global biodiesel market size was US 50 billion in 2023 and is likely to reach USD 135.9 billion by the end of 2036, expanding at a CAGR of 8% over the forecast period, i.e., 2024-2036.

Archer Daniels Midland Company (ADM), Wilmar International Ltd, Bunge Ltd., FutureFuel Corp, Ecodiesel Colombia S.A., Manuelita S.A., TerraVia Holdings, Inc., Renewable Biofuels, Inc., Ag Processing, Inc., Neste Oyj, Renewable Energy Group, Inc. are some key players in the market.

The fuel application segment is expected to remain dominant in the global biodiesel market, with a share of approximately 81.0% during the forecast period.

Europe is projected to offer lucrative prospects with a share of 45% in 2024.
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