The global biodiesel market had a value of approximately 35 billion U.S. dollars in 2019. Biodiesel is a variety of diesel that is produced from plant or animal matter, typically by chemically reacting lipids with an alcohol to produce a methyl, ethyl, or propyl ester. It is forecast that by 2024, the worldwide market value of this fuel will reach just over 49 billion U.S. dollars.
Market value of biodiesel worldwide in 2019 and 2024
(in billion U.S. dollars)
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BCC Research. (March 1, 2020). Market value of biodiesel worldwide in 2019 and 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/
BCC Research. "Market value of biodiesel worldwide in 2019 and 2024 (in billion U.S. dollars)." Chart. March 1, 2020. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/
BCC Research. (2020). Market value of biodiesel worldwide in 2019 and 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/
BCC Research. "Market Value of Biodiesel Worldwide in 2019 and 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Mar 2020, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/
BCC Research, Market value of biodiesel worldwide in 2019 and 2024 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/ (last visited November 10, 2024)
Market value of biodiesel worldwide in 2019 and 2024 (in billion U.S. dollars) [Graph], BCC Research, March 1, 2020. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1109212/global-market-value-biodiesel/
