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:
In Europe, biodiesel is becoming popular as a sustainable energy source. This is one reason why this market is expanding quickly. As governments and industries try to limit their carbon emissions, biodiesel is rising as a key factor in creating energy solutions with a cleaner output. The drive toward renewable energy is also buoyed by regulatory frameworks mandating the substitution of fossil fuels with biodiesel. The environments deserve better from these consumers, which only boosts biodiesel's acceptance in transportation, power generation, and industries alike. Continued endeavors toward renewable energy targets and the EU Green Deal are helping further in spurring biodiesel market demand.
A major factor that is pushing forward the European biodiesel market is the increasing dependence on vegetable oils and animal fats. Such feedstocks are best suited to producing high-quality biodiesel, since creating biodiesel adds to the upkeep of the entire market. Advances in technology in production methods, such as the conventional alcohol transesterification, pyrolysis, and hydro heating, increase efficiency and scalability in biodiesel production. They are continuously increasing yield in production while reducing cost in the process, an essential factor for the adoption of biodiesel as a large-scale energy solution. For that reason, an array of biodiesel-examples include B100, B20, B10, and B5-are being generated to meet varied consumer needs thus enhancing the penetration of the market.
In addition to the technological developments, the changing price dynamics of crude oil are proving to be the other key drivers for the growth of the European biodiesel market. While crude oil prices are variable in nature, biodiesel remains the alternative that is perceived to be more stable and sustainable, thus attracting the interests of both producers and consumers toward cost-effective solutions. The diversification of energy sources and reduction in dependence on traditional fossil fuels using biodiesel in power generation is gaining momentum. Due to all the above-mentioned factors, with good research and development investment and favorable policies, the Europe biodiesel market will remain on its growth path till 2033, offering some major opportunities for growth in various countries and sectors in the region.
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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
Vegetable oils represent the most widely used feedstock
Breakup by Application:
- Fuel
- Power Generation
- Others
Fuel holds the largest share in the market
Breakup by Type:
- B100
- B20
- B10
- B5
B100 dominates the market
Breakup by Production Technology:
- Conventional Alcohol Trans-esterification
- Pyrolysis
- Hydro Heating
Conventional alcohol trans-esterification accounts for the majority of the market share
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
Germany exhibits a clear dominance in the market
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.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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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