Asia Pacific Emerges as Fastest-Growing Biodiesel Market

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2024-08-07 10:29:24 -

The global biodiesel market, valued at US$ 39.94 billion in 2021, is projected to reach US$ 41.33 billion in 2022 and grow to US$ 59 billion by 2032, at a CAGR of 3.6%. Key regional markets include Europe, East Asia, and South Asia & Pacific. Biodiesel, known for being biodegradable, non-toxic, and environmentally friendly, is increasingly seen as a viable alternative to...

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