Energy Market Data

  Biodiesel industry Overview The global biodiesel market size was valued at USD 32.09 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 10.0% from 2022 to 2030. Biodiesel is a renewable, clean-burning diesel substitute that can be used in existing diesel engines without requiring any modifications. It is composed of a growing variety of recycled cooking oil, agricultural feedstock, and animal fats. Increasing demand for biodiesel to replace traditional fossil fuels in power generation and automotive applications is projected to boost the market growth. On account of the existence of numerous dealers and suppliers, the market is highly fragmented. However, the demand-supply gap caused by insufficient production capacity and a large scope for R&D in feedstock selection for product manufacturing is expected to create opportunities for new market players. The growing demand for environmentally friendly fuels that ensure complete combustion and ca...

  Small Wind Industry Overview The global small wind market size was valued at over USD 1.10 billion in 2021 and is anticipated to exhibit a compound annual growth rate (CAGR) of 9.2% during the forecast period, owing to the global energy crisis coupled with depleting non-renewable resources for electricity generation. Stringent government regulations towards restricting the growth of carbon footprint along with financial benefits offered to augment the adoption of renewable sources of energy is anticipated to drive the market. However, the increasing popularity of solar energy is perceived as a threat to wind energy owing to its competitive pricing and easy availability of components. Growing awareness in developed regions including Europe and North America along with developing regions of Asia Pacific is anticipated to drive business growth. Gather more insights about the market drivers, restrains and growth of the Global Small Wind market   The COVID-19 pandemic hamper...