Global Renewable Diesel (Capacity and Demand) Market Insights 2020-2024 - Increasing R&D Spending in Energy Sector / Upsurge in Energy Consumption / Rising Usage of Biomass-Based Diesel
Share this article Share this article ResearchAndMarkets.com's offering. The global renewable diesel capacity is expected to reach 14.63 million tons in 2024, growing at a CAGR of 21.33%, during 2020-2024. While, the global renewable diesel demand is projected to reach 12.88 million tons, increasing at a CAGR of 15.93%, during 2020-2024. The factors such as growing production of motor vehicles, increase in biofuel demand, rise in carbon dioxide emission, availability of used cooking oils and emission control regulations by the government would drive the growth of the market. However, the gro...
Source: prnewswire.com