According to a market report by Lucintel, the future of the global biodiesel catalyst market looks promising with opportunities in the biodiesel from vegetable oil and biodiesel from bio-fat markets. The global biodiesel catalyst market is expected to grow with a CAGR of 5.6% from 2024 to 2030. The major drivers for this market are eco-friendliness & reduced greenhouse gas emissions and dependence reduction on imported fuels.
A more than 150-page report to understand trends, opportunity and forecast in biodiesel catalyst market to 2030 by type (homogeneous catalyst and heterogeneous catalyst), application (biodiesel from vegetable oil, biodiesel from bio-fat, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category heterogeneous catalysts are expected to witness the largest growth over the forecast period due to cost-effective, reusable, and enhanced transesterification, reducing biodiesel production costs.
Within the application category, biodiesel from vegetable oil will remain the largest segment due to cost, purity, and direct automotive engine compatibility.
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In terms of regions, APAC is expected to witness the largest growth over the forecast period due to various sectors including agriculture, chemicals, industry, and biotechnology are witnessing expanding opportunities
Qorvo, Microchip Technology, Broadcom, Analog Devices, Infineon Technologies, Sumitomo Electric Industries, Win Semiconductors are the major suppliers in the biodiesel catalyst market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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