Biodiesel Market Share, Size, Future Demand, and Emerging Trends

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Biodiesel is good for the economy, being one of the top renewable fuels and an alternative for petrol and diesel.

Biodiesel has gained widespread traction recently due to its numerous benefits over petroleum, which could help with the growing environmental concerns. It is a renewable resource that can be produced from used cooking oil, vegetable oils, animal fats, and restaurant grease. More specifically, it is produced by altering the properties of such materials to make it perform like petrol or diesel fuel. Large as well as small-scale manufacturers are involved in its production, as there are numerous advantages of biodiesel in everyday life.

Environmental Benefits of Biodiesel

It has lower carbon dioxide emissions as compared to other fuels; hence, it reduces the global warming impact and improves human and animal health. Moreover, it is less toxic and safe for handling due to a higher flash point. Biodiesel also contributes to the recycling of waste products, as it is produced from used oils and fats.

Get More Insights: Biodiesel Market Revenue Estimation and Growth Forecast Report

Biodiesel Transforming Automotive Industry

Added Benefits over Petroleum: Apart from being a low polluter, biodiesel is more lubricative than conventional diesel, therefore can reduce engine wear. This would ultimately improve the vehicle mileage and reduce emissions even further, while also reducing the requirement for regular engine repairs.

Biodiesel Fuel Blends: There are various blends depending on the ratio of biodiesel to petroleum fuel. For instance, the B20 blend has 80% petroleum diesel and 20% biodiesel. With the introduction of ultra-low and low-sulfur diesel, many products that were used to enhance the lubricity of the fuel have been discontinued. So, by adding merely 5% biodiesel to low- and ultra-low-sulfur diesel, it can become more lubricative. Further, to enhance the cold-operating capacity of petroleum in winters, a blend with 70% biodiesel and 30% petroleum diesel is used.

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