B5 Fuel Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Feedstock (Vegetable Oils {Rapeseed Oil, Palm Oil}, Animal Fats {Poultry, Tallow}), By Application (Industrial Fuels, Transportation Fuels, Chemical Industry, Others), By Region, and By Competition 2020-2030F

February 2025 | 185 pages | ID: B8A1C2033625EN
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The Global B5 fuel Market was valued at USD 21.83 Billion in 2024 and is predicted to reach USD 30.88 Billion by 2030 with a CAGR of 5.79% during the forecast period. The global B5 fuel market is characterized by a transformative shift towards sustainable energy solutions, primarily driven by environmental concerns and the need to reduce carbon emissions. B5 fuel, a biodiesel blend comprising 5% biodiesel and 95% conventional petroleum diesel, has gained prominence as a cleaner-burning alternative, particularly in the transportation sector. The dominance of B5 is propelled by its compatibility with existing diesel engines, making it a practical and readily adoptable solution for commercial fleets, public transportation, and private vehicles worldwide. Governments globally are playing a pivotal role in shaping the market through blending mandates, tax incentives, and regulatory frameworks that encourage the use of biofuels. The positive consumer perception of B5 as an eco-friendly fuel further contributes to its widespread adoption. As the transportation industry undergoes a paradigm shift towards cleaner mobility, B5 emerges as a key player, offering not only reduced carbon emissions but also contributing to energy security and sustainable practices. The B5 fuel market's trajectory is indicative of a broader global commitment to greener energy sources and a sustainable future, with B5 positioned as a driving force in the transition towards cleaner and more environmentally conscious fuel options.

Key Market Drivers

Environmental Sustainability and Regulatory Support:

One of the primary drivers fueling the global B5 fuel market is the increasing emphasis on environmental sustainability and the strong support from regulatory frameworks. Governments worldwide are recognizing the need to reduce greenhouse gas emissions and combat climate change. B5 fuel, which consists of a 5% biodiesel blend with traditional petroleum diesel, offers a cleaner and more environmentally friendly alternative to conventional fuels. Regulatory mandates and incentives, such as blending requirements and tax credits for biofuels, are driving the adoption of B5. The alignment of B5 with sustainability goals positions it as a key driver in the transition toward greener and more sustainable energy sources. By 2030, over 80% of industrial sectors globally are projected to implement sustainability programs, directly boosting the demand for renewable fuels like B5 biodiesel, which contributes to carbon reduction and cleaner energy solutions.

Key Market Challenges

Feedstock Availability and Competition:

One of the primary challenges facing the global B5 fuel market is the availability and competition for suitable feedstocks for biodiesel production. B5 fuel typically relies on biodiesel derived from feedstocks such as soybean oil, rapeseed oil, or used cooking oil. The competition between the biodiesel industry and other sectors, such as the food industry, for these feedstocks can lead to price volatility and supply chain disruptions. Concerns about the impact of biodiesel production on food security and land use present challenges that need to be addressed through sustainable sourcing practices and the development of alternative feedstocks.

Key Market Trends

Rising Demand for Biofuels:

The global B5 fuel market is experiencing a notable trend of increasing demand for biofuels, particularly B5 blends. B5 fuel, consisting of 5% biodiesel and 95% traditional petroleum diesel, offers environmental benefits by reducing greenhouse gas emissions and dependence on fossil fuels. This trend is driven by a growing awareness of the environmental impact of traditional fuels and a commitment to sustainable energy sources. Governments and industries globally are adopting policies and practices that encourage the use of biofuels, positioning B5 as a transitional solution toward more sustainable and renewable energy alternatives.

Key Market Players
  • Neste Oyj
  • POET, LLC.
  • ADM (Group) Limited
  • Cosan S.A.
  • Petrуleo Brasileiro SA
  • Exxon Mobil Corporation
  • Shell plc
  • BP p.l.c.
  • ECB Group
  • Chevron Corporation
Report Scope:

In this report, the Global B5 Fuel Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
  • B5 Fuel Market, By Feedstock:
  • Vegetable Oils
  • Rapeseed Oil
  • Palm Oil
  • Animal Fats
  • Poultry
  • Tallow
  • B5 Fuel Market, By Application:
  • Industrial Fuels
  • Transportation Fuels
  • Chemical Industry
  • Others
  • B5 Fuel Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global B5 Fuel Market.

Available Customizations:

Global B5 Fuel Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
1. PRODUCT OVERVIEW

1.1. Market Definition
1.2. Scope of the Market
  1.2.1. Markets Covered
  1.2.2. Years Considered for Study
  1.2.3. Key Market Segmentations

2. RESEARCH METHODOLOGY

2.1. Baseline Methodology
2.2. Key Industry Partners
2.3. Major Association and Secondary Sources
2.4. Forecasting Methodology
2.5. Data Triangulation & Validation
2.6. Assumptions and Limitations

3. EXECUTIVE SUMMARY

4. VOICE OF CUSTOMER

5. GLOBAL B5 FUEL MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Feedstock (Vegetable Oils {Rapeseed Oil, Palm Oil}, Animal Fats {Poultry, Tallow})
  5.2.2. By Application (Industrial Fuels, Transportation Fuels, Chemical Industry, Others)
  5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. NORTH AMERICA B5 FUEL MARKET OUTLOOK

6.1. Market Size & Forecast
  6.1.1. By Value
6.2. Market Share & Forecast
  6.2.1. By Feedstock
    6.2.1.1. Vegetable Oils
    6.2.1.2. Animal Fats
  6.2.2. By Application
  6.2.3. By Country
6.3. North America: Country Analysis
  6.3.1. United States B5 Fuel Market Outlook
    6.3.1.1. Market Size & Forecast
      6.3.1.1.1. By Value
    6.3.1.2. Market Share & Forecast
      6.3.1.2.1. By Feedstock
      6.3.1.2.2. By Application
  6.3.2. Canada B5 Fuel Market Outlook
    6.3.2.1. Market Size & Forecast
      6.3.2.1.1. By Value
    6.3.2.2. Market Share & Forecast
      6.3.2.2.1. By Feedstock
      6.3.2.2.2. By Application
  6.3.3. Mexico B5 Fuel Market Outlook
    6.3.3.1. Market Size & Forecast
      6.3.3.1.1. By Value
    6.3.3.2. Market Share & Forecast
      6.3.3.2.1. By Feedstock
      6.3.3.2.2. By Application

7. EUROPE B5 FUEL MARKET OUTLOOK

7.1. Market Size & Forecast
  7.1.1. By Value
7.2. Market Share & Forecast
  7.2.1. By Feedstock
    7.2.1.1. Vegetable Oils
    7.2.1.2. Animal Fats
  7.2.2. By Application
  7.2.3. By Country
7.3. Europe: Country Analysis
  7.3.1. Germany B5 Fuel Market Outlook
    7.3.1.1. Market Size & Forecast
      7.3.1.1.1. By Value
    7.3.1.2. Market Share & Forecast
      7.3.1.2.1. By Feedstock
      7.3.1.2.2. By Application
  7.3.2. France B5 Fuel Market Outlook
    7.3.2.1. Market Size & Forecast
      7.3.2.1.1. By Value
    7.3.2.2. Market Share & Forecast
      7.3.2.2.1. By Feedstock
      7.3.2.2.2. By Application
  7.3.3. United Kingdom B5 Fuel Market Outlook
    7.3.3.1. Market Size & Forecast
      7.3.3.1.1. By Value
    7.3.3.2. Market Share & Forecast
      7.3.3.2.1. By Feedstock
      7.3.3.2.2. By Application
  7.3.4. Italy B5 Fuel Market Outlook
    7.3.4.1. Market Size & Forecast
      7.3.4.1.1. By Value
    7.3.4.2. Market Share & Forecast
      7.3.4.2.1. By Feedstock
      7.3.4.2.2. By Application
  7.3.5. Spain B5 Fuel Market Outlook
    7.3.5.1. Market Size & Forecast
      7.3.5.1.1. By Value
    7.3.5.2. Market Share & Forecast
      7.3.5.2.1. By Feedstock
      7.3.5.2.2. By Application

8. SOUTH AMERICA B5 FUEL MARKET OUTLOOK

8.1. Market Size & Forecast
  8.1.1. By Value
8.2. Market Share & Forecast
  8.2.1. By Feedstock
    8.2.1.1. Vegetable Oils
    8.2.1.2. Animal Fats
  8.2.2. By Application
  8.2.3. By Country
8.3. South America: Country Analysis
  8.3.1. Brazil B5 Fuel Market Outlook
    8.3.1.1. Market Size & Forecast
      8.3.1.1.1. By Value
    8.3.1.2. Market Share & Forecast
      8.3.1.2.1. By Feedstock
      8.3.1.2.2. By Application
  8.3.2. Colombia B5 Fuel Market Outlook
    8.3.2.1. Market Size & Forecast
      8.3.2.1.1. By Value
    8.3.2.2. Market Share & Forecast
      8.3.2.2.1. By Feedstock
      8.3.2.2.2. By Application
  8.3.3. Argentina B5 Fuel Market Outlook
    8.3.3.1. Market Size & Forecast
      8.3.3.1.1. By Value
    8.3.3.2. Market Share & Forecast
      8.3.3.2.1. By Feedstock
      8.3.3.2.2. By Application

9. MIDDLE EAST & AFRICA B5 FUEL MARKET OUTLOOK

9.1. Market Size & Forecast
  9.1.1. By Value
9.2. Market Share & Forecast
  9.2.1. By Feedstock
    9.2.1.1. Vegetable Oils
    9.2.1.2. Animal Fats
  9.2.2. By Application
  9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
  9.3.1. Saudi Arabia B5 Fuel Market Outlook
    9.3.1.1. Market Size & Forecast
      9.3.1.1.1. By Value
    9.3.1.2. Market Share & Forecast
      9.3.1.2.1. By Feedstock
      9.3.1.2.2. By Application
  9.3.2. UAE B5 Fuel Market Outlook
    9.3.2.1. Market Size & Forecast
      9.3.2.1.1. By Value
    9.3.2.2. Market Share & Forecast
      9.3.2.2.1. By Feedstock
      9.3.2.2.2. By Application
  9.3.3. South Africa B5 Fuel Market Outlook
    9.3.3.1. Market Size & Forecast
      9.3.3.1.1. By Value
    9.3.3.2. Market Share & Forecast
      9.3.3.2.1. By Feedstock
      9.3.3.2.2. By Application

10. ASIA PACIFIC B5 FUEL MARKET OUTLOOK

10.1. Market Size & Forecast
  10.1.1. By Value
10.2. Market Share & Forecast
  10.2.1. By Feedstock
    10.2.1.1. Vegetable Oils
    10.2.1.2. Animal Fats
  10.2.2. By Application
  10.2.3. By Country
10.3. Asia Pacific: Country Analysis
  10.3.1. China B5 Fuel Market Outlook
    10.3.1.1. Market Size & Forecast
      10.3.1.1.1. By Value
    10.3.1.2. Market Share & Forecast
      10.3.1.2.1. By Feedstock
      10.3.1.2.2. By Application
  10.3.2. India B5 Fuel Market Outlook
    10.3.2.1. Market Size & Forecast
      10.3.2.1.1. By Value
    10.3.2.2. Market Share & Forecast
      10.3.2.2.1. By Feedstock
      10.3.2.2.2. By Application
  10.3.3. Japan B5 Fuel Market Outlook
    10.3.3.1. Market Size & Forecast
      10.3.3.1.1. By Value
    10.3.3.2. Market Share & Forecast
      10.3.3.2.1. By Feedstock
      10.3.3.2.2. By Application
  10.3.4. South Korea B5 Fuel Market Outlook
    10.3.4.1. Market Size & Forecast
      10.3.4.1.1. By Value
    10.3.4.2. Market Share & Forecast
      10.3.4.2.1. By Feedstock
      10.3.4.2.2. By Application
  10.3.5. Australia B5 Fuel Market Outlook
    10.3.5.1. Market Size & Forecast
      10.3.5.1.1. By Value
    10.3.5.2. Market Share & Forecast
      10.3.5.2.1. By Feedstock
      10.3.5.2.2. By Application

11. MARKET DYNAMICS

11.1. Drivers
11.2. Challenges

12. MARKET TRENDS AND DEVELOPMENTS

13. COMPANY PROFILES

13.1. Neste Oyj
  13.1.1. Business Overview
  13.1.2. Key Revenue and Financials
  13.1.3. Recent Developments
  13.1.4. Key Personnel
  13.1.5. Key Product/Services Offered
13.2. POET, LLC.
  13.2.1. Business Overview
  13.2.2. Key Revenue and Financials
  13.2.3. Recent Developments
  13.2.4. Key Personnel
  13.2.5. Key Product/Services Offered
13.3. ADM (Group) Limited
  13.3.1. Business Overview
  13.3.2. Key Revenue and Financials
  13.3.3. Recent Developments
  13.3.4. Key Personnel
  13.3.5. Key Product/Services Offered
13.4. Cosan S.A.
  13.4.1. Business Overview
  13.4.2. Key Revenue and Financials
  13.4.3. Recent Developments
  13.4.4. Key Personnel
  13.4.5. Key Product/Services Offered
13.5. Petrуleo Brasileiro SA
  13.5.1. Business Overview
  13.5.2. Key Revenue and Financials
  13.5.3. Recent Developments
  13.5.4. Key Personnel
  13.5.5. Key Product/Services Offered
13.6. Exxon Mobil Corporation
  13.6.1. Business Overview
  13.6.2. Key Revenue and Financials
  13.6.3. Recent Developments
  13.6.4. Key Personnel
  13.6.5. Key Product/Services Offered
13.7. Shell plc
  13.7.1. Business Overview
  13.7.2. Key Revenue and Financials
  13.7.3. Recent Developments
  13.7.4. Key Personnel
  13.7.5. Key Product/Services Offered
13.8. BP p.l.c.
  13.8.1. Business Overview
  13.8.2. Key Revenue and Financials
  13.8.3. Recent Developments
  13.8.4. Key Personnel
  13.8.5. Key Product/Services Offered
13.9. ECB Group
  13.9.1. Business Overview
  13.9.2. Key Revenue and Financials
  13.9.3. Recent Developments
  13.9.4. Key Personnel
  13.9.5. Key Product/Services Offered
13.10.Chevron Corporation
  13.10.1. Business Overview
  13.10.2. Key Revenue and Financials
  13.10.3. Recent Developments
  13.10.4. Key Personnel
  13.10.5. Key Product/Services Offered

14. STRATEGIC RECOMMENDATIONS

15. ABOUT US & DISCLAIMER



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