Europe Biodiesel Market Overview
Market Size in 2024: USD 19.5 Billion
Market Forecast in 2033: USD 32.2 Billion
Market Growth Rate: 5.7% (2025-2033)
According to the latest report by IMARC Group, the Europe biodiesel market size was valued at USD 19.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 32.2 Billion by 2033, exhibiting a CAGR of 5.7% from 2025-2033.
Europe Biodiesel Industry Trends and Drivers:
Driven by rising knowledge of the environmental advantages of biodiesel and worldwide efforts for sustainability, the Europe biodiesel sector is expanding rapidly. As both governments and corporations give eco-friendly energy sources priority, the increasingly emphasis on carbon footprint reduction is one of the main drivers. The need for renewable fuels like biodiesel is growing as European countries set ambitious carbon reduction goals. Particularly, biodiesel made from animal fats and vegetable oils is being considered a realistic replacement for conventional fossil fuels, therefore providing a cleaner energy source for industry as well as transportation. Additionally affecting this change are the erratic crude oil prices since biodiesel offers a more reliable and inexpensive alternative for energy generation. European countries are concentrating on growing their biodiesel output capacity in order to satisfy a growing need to diversify energy sources and lower reliance on oil imports.
The growth of the market is further propelled by the wide variety of feedstocks including animal fats, vegetable oils, and other products. As various solutions for various uses—from vehicle fuel to power generation—biodiesel types including B100, B20, and B10 are increasingly accepted. Particularly noteworthy in areas with a high emphasis on renewable energy is the growing popularity of B100 biodiesel, which is made completely of biodiesel without any petroleum diesel. Moreover supporting the scalability of this industry is the availability of biodiesel manufacturing raw materials. Demand for B5 and B20 biodiesel mixtures in business and domestic uses is driving expansion in important industries, especially in regions with developed infrastructure for biodiesel manufacture.
Furthermore fueling the market are developments in biodiesel manufacturing techniques. Technologies including traditional alcohol trans-esterification, pyrolysis, and hydro heating are helping to raise the cost-effectiveness and efficiency of biodiesel production. For farmers, these developments are helping to simplify the expansion of biodiesel output, lower operating expenses, and boost profits. The use of more environmentally friendly, renewable sources like biodiesel is becoming a main element of national energy policies as European countries enact strict environmental standards. Particularly in nations with ambitious renewable energy policies, the continuous expenditures in research and development for novel biodiesel production methods are expected to help to grow the market even more. The Europe biodiesel market's general momentum is projected to keep on as sustainability projects become more and more embedded into industrial and consumer energy usage.
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Europe Biodiesel Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Feedstock:
- Vegetable Oils
- Animal Fats
- Others
Breakup by Application:
- Fuel
- Power Generation
- Others
Breakup by Type:
- B100
- B20
- B10
- B5
Breakup by Production Technology:
- Conventional Alcohol Trans-esterification
- Pyrolysis
- Hydro Heating
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Europe Biodiesel Market News:
- March 2024: Trafigura Group Pte Ltd. acquired Greenergy's European business, a UK-based road fuel supplier and biodiesel generator from Brookfield Asset Management and its publicly traded partner Brookfield Business Partners.
- March 2024: Repsol and Bunge partnered on the creation of new options to address the growing demand for low-carbon feedstocks for renewable fuel production in Europe. Repsol planned to start its 250,000 tons per year advanced biofuels plant in Cartagena, Spain.
- January 2024: BioAdvance made an investment of 22 million Euros to build one of the largest European biofuel units in the Port of Figueira da Foz.
Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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