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The Renewable Diesel market report is predicted to develop at a compound annual growth rate (CAGR) of 16.8% from 2024 to 2034
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Renewable Diesel Market Global Forecasts 2024 - 2034. Get More Information: https://wemarketresearch.com/reports/renewable- diesel-market/1607
Description The Worldwide Renewable Diesel Sector is witnessing swift expansion fueled by the rising need for eco-friendly and sustainable fuel options. Renewable diesel, chemically akin to traditional diesel, is crafted from a variety of feedstocks including vegetable oils, animal fats, used cooking oils, and other refuse materials. In contrast to biodiesel, it can be utilized directly in current diesel engines and fuel infrastructure without any alterations, rendering it a remarkably adaptable fuel source for lowering greenhouse gas emissions.
Market Statistics: Report Attributes Description Market Size in 2024 USD 3.92 Billion Market Forecast in 2034 USD 12.76 Billion CAGR % 2024-2034 16.8% Base Year 2023 Historic Data 2019-2023 Forecast Period 2024-2034 Request Sample:https://wemarketresearch.com/reports/request-free-sample- pdf/renewable-diesel-market/1607
Market Segments: Renewable Diesel Market Certification Standards Outlook Renewable Diesel Market Feedstock Outlook Renewable Fuel Standard (RFS) Soybean Oil International Sustainability and Carb Palm Oil on Certification (ISCC) Animal Fats Low Carbon Fuel Standard (LCFS) Vegetable Oils European Union Renewable Energy Directive (EU RED) Used Cooking Oil Renewable Diesel Market Regional Outlook Renewable Diesel Market Production Process Outlook North America Hydrotreated Vegetable Oil (HVO) Europe Ethanol-to-Diesel (ETD) South America Gasification-to-Liquids (GTL) Asia Pacific Microwave-assisted Processing Middle East and Africa
Key Players: Neste Corporation Renewable Energy Group, Inc. (REG) Diamond Green Diesel LLC Marathon Petroleum Corporation Phillips 66 Company TotalEnergies Preem AB Eni S.p.A. Shell Plc World Energy, LLC BP (British Petroleum)
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