According to the recent report published by ChemAnalyst, India Biodiesel market demand stood at 0.17 Million Tonnes in FY2021 and is forecast to reach 0.26 Million Tonnes by FY2030, growing at a healthy CAGR of 8.60% until 2030. Increasing crude oil import bills has made the Indian government switch to domestic fuel alternatives with Biodiesel, which is serving as the main game-changer. With the initiation of the National Policy on Biofuels in 2019, the demand for Biodiesel is set to witness an upward trend in the coming years.
The report titled “India Biodiesel Market Analysis: Plant Capacity, Production, Operating Efficiency, Process, Demand & Supply, End Use, Application, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2030”, The Industry includes detailed quantitative and qualitative market analysis of the India Biodiesel market considering market history, product development, regional dynamics, competitive landscape, and key success factors in the reports.
Browse Full report on India Biodiesel Market at https://www.chemanalyst.com/industry-report/india-biodiesel-market-9
Market Insights:
Biodiesel is mainly manufactured from the oil-bearing seeds of Jatropha Curcas plants which are cultivated by Indian farmers. However, due to a shortage of Jatropha seeds, other multiple feedstock technologies are being used to produce Biodiesel. For example, used cooking oils, animal fats and imported crude vegetable oils (such as Palm Oil) are also being used by several producers for manufacturing Biodiesel. Blended with conventional diesel and used as fuel in railways and other commercial vehicles, Biodiesel has a vast potential to act as a substitute for conventional fossil fuels to enhance the country’s energy demand. COVID-19 has impacted the biodiesel market adversely as the disruption in the supply chain was observed due to import-export restrictions imposed by the leading authorities to contain the novel coronavirus. However, post COVID-19 lockdown the market is expected to pick up the pace eventually.
Major players operating in the India Biodiesel market include Biomax Fuels Limited, Universal Biofuels, Kaleesuwari Refinery, and Industry Private Limited, and Emami Agrobiotech Limited.
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Years Considered for this Report:
- Historical Years: FY2015 – FY2020
- Base Year: FY2021
- Estimated Year: FY2022
- Forecast Period: FY2023– FY2030
This report will be delivered on an online digital platform with a one-year subscription and quarterly update.
Objective of the Study:
- The primary objective of the study was to evaluate and forecast Biodiesel capacity, production, demand, inventory, and demand–supply gap in India.
- To categorize Biodiesel demand in India based on end use, grade, region, and sales channel.
- To study trade dynamics and company share in the India Biodiesel market.
- To identify major customers of Biodiesel in India.
- To evaluate and forecast Biodiesel pricing by grade in the India Biodiesel market.
- To identify and profile major companies operating in the India Biodiesel market.
- To identify major news, deals, and expansion plans in the India Biodiesel market.
Report Scope:
In this report, the India Biodiesel market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
|
Market, by End Use |
Transportation, Construction & Mining, Power Generation, Paints & Others |
|
Market, by Application |
Heating Oil, Cleaning Oil, Railways, Adhesives & others |
|
Market, by Sales Channel |
Direct/Institutional Sales, Retail Sales, Other Channel Sale |
|
Market, by Region |
North, West, East, and South |
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