Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Singapore, Rest of Asia), By Feedstock (Vegetable Oils, Animal Fats), By Applications (Power Generation, Fuel, Others) And Competitive Landscape
Product Code: ETC056710 | Publication Date: May 2021 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
According to 6Wresearch internal database and industry insights, the Asia Pacific Biodiesel Market was valued at approximately USD 24.8 billion in 2024 and is estimated to reach USD 38.2 billion by 2031, representing a compound annual growth rate (CAGR) of 6.3% during the forecast period (2025-2031).
Report Name | Asia Pacific Biodiesel Market |
Forecast Period | 2025-2031 |
CAGR | 6.3% |
Market Size | USD 38.2 billion by 2031 |
Growing Sector | Transportation and Power Generation |
The Asia Pacific Biodiesel Market report comprehensively covers the market by Countries, Feedstock, and Applications. It provides a detailed and unbiased analysis of prevailing market trends, long-term growth opportunities, and key drivers to help stakeholders and investors align strategies with the rising demand for renewable and sustainable energy solutions across diverse industries.
The Asia Pacific Biodiesel Industry is witnessing robust growth fuelled by rising energy demand, government policies promoting biofuels, and increasing focus on reducing carbon emissions. Production is dominated by countries that have rich palm oil feedstock like Indonesia, Malaysia and Thailand whereas India, China and Australia are emerging as important consumer markets due to swift urbanization, industrialization and the demand to have clean energy.
The Asia Pacific Biodiesel Market is projected to grow at a CAGR of 6.3% during 2025-2031. Rising blending mandates, strong government support for renewable fuels, and increasing demand from the transportation and agriculture sectors are reshaping market dynamics. Additionally, the growing adoption of biodiesel in power generation and industrial heating is expanding its application scope.
However, challenges such as feedstock price volatility, concerns over land-use change, and limited blending infrastructure in some regions remain barriers. Ongoing advancements in second-generation biodiesel production, diversification of raw materials, and investment in refining technology are expected to drive sustainable growth in the Asia Pacific Biodiesel Market Share.
The Asia Pacific Biodiesel Market is transforming fast as governments are addressing templates of high biodiesel blending in a bid to minimize the effect of fossil fuel reliance. There is a sharp movement toward non-food second-generation biodiesel. Indonesia / Malaysia remains overwhelming in the supply with palm oil productions, whilst India / China is ramping up biodiesel use to achieve energy purity requirements. The adoption of a high-technology refining, the increasing demands of environmentally friendly fuels in aviation, and the biodiesel based on algae are becoming increasingly a trend.
The Asia Pacific Biodiesel Market also has huge opportunities in creating bio-based feedstocks not based on palm oil, advancing second and third-generation biodiesel technologies, and the development of blending infrastructure in developing countries. The sectors that promise high growth are on the transportation and power industries, especially in countries that have established high standards concerning the use of renewable fuels. The joint ventures with local sources of feedstock, investment in sustainable aviation fuelling and a collaboration in technological advancement towards increased production of the biodiesel can also be explored by the investors.
The competition in the Asia Pacific Biodiesel market reaches regional and global level with the area participants concentrated on sustainability, scalability, and innovation. Major participants are Wilmar international Limited, PT SMART Tbk(Sinar Mas), Neste Corporation, BIOX Corporation and Emami Agrotech Ltd. To increase its coverage in the Asia Pacific Biodiesel Market Revenue, these companies are making heavy investments in production capacities, diversifying their feedstock, and using environmentally friendly refining technologies.
Government policies and regulations play a vital role in shaping the Asia Pacific Biodiesel Market Revenue. Indonesia and Malaysia have established ambitious biodiesel blending targets (B30-B40) and India has also introduced national biofuel policies, aimed at the increased use of biofuel. Renewable energy is being encouraged in China by subsidies and an incentive on biofuel firms. The movement towards greener biofuels in the region is being prosecuted in haste by the environmental regulations, carbon reduction commitments and international standards of sustainability.
The Asia Pacific Biodiesel Market Growth will accelerate with increasing demand for renewable energy, stronger government support, and technological advancements in biodiesel production. Second-generation biofuels, expanding the sources of feedstock, and biodiesel entering the aviation industry will be the strengths of future development. The market will further transform to a more sustainable direction with long term prospects outlined in regulatory compliance, decarbonization targets and the expanded digital application in transportation, agricultural and industrial sectors.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Parth, Senior Research Analyst at 6Wresearch, China is projected to dominate the Asia Pacific Biodiesel Market Share, supported by strong government blending mandates, expanding transportation fuel demand, and robust industrial output.
Within feedstock types, the Vegetable Oils segment holds the Asia Pacific Biodiesel Market Share due to abundant palm oil and soybean oil availability in Indonesia, Malaysia, and India, coupled with established refining infrastructure.
Based on applications, Fuel leads the Asia Pacific Biodiesel Market Share as rising government biodiesel mandates, transportation sector adoption, and decarbonization initiatives accelerate consumption across key Asian economies.
Within applications, Power Generation is witnessing the fastest Asia Pacific Biodiesel Market Growth due to the rising use of biodiesel for decentralized power plants, backup generators, and industrial energy security solutions.
The market report thoroughly covers the following segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Biodiesel Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Biodiesel Market Revenues & Volume, 2021 & 2031F |
3.3 Asia Pacific Biodiesel Market - Industry Life Cycle |
3.4 Asia Pacific Biodiesel Market - Porter's Five Forces |
3.5 Asia Pacific Biodiesel Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Asia Pacific Biodiesel Market Revenues & Volume Share, By Feedstock, 2021 & 2031F |
3.7 Asia Pacific Biodiesel Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Asia Pacific Biodiesel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Biodiesel Market Trends |
6 Asia Pacific Biodiesel Market, 2021 - 2031 |
6.1 Asia Pacific Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
6.2 Asia Pacific Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
7 China Biodiesel Market, 2021 - 2031 |
7.1 China Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
7.2 China Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
8 India Biodiesel Market, 2021 - 2031 |
8.1 India Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
8.2 India Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
9 Japan Biodiesel Market, 2021 - 2031 |
9.1 Japan Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
9.2 Japan Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
10 Australia Biodiesel Market, 2021 - 2031 |
10.1 Australia Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
10.2 Australia Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
11 Indonesia Biodiesel Market, 2021 - 2031 |
11.1 Indonesia Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
11.2 Indonesia Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
12 Philippines Biodiesel Market, 2021 - 2031 |
12.1 Philippines Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
12.2 Philippines Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
13 Thailand Biodiesel Market, 2021 - 2031 |
13.1 Thailand Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
13.2 Thailand Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
14 Malaysia Biodiesel Market, 2021 - 2031 |
14.1 Malaysia Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
14.2 Malaysia Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
15 Singapore Biodiesel Market, 2021 - 2031 |
16 Rest of Asia Biodiesel Market, 2021 - 2031 |
16.1 Rest of Asia Biodiesel Market, Revenues & Volume, By Feedstock, 2021 - 2031 |
16.2 Rest of Asia Biodiesel Market, Revenues & Volume, By Applications, 2021 - 2031 |
17 Asia Pacific Biodiesel Market Key Performance Indicators |
18 Asia Pacific Biodiesel Market - Opportunity Assessment |
18.1 Asia Pacific Biodiesel Market Opportunity Assessment, By Countries, 2021 & 2031F |
18.2 Asia Pacific Biodiesel Market Opportunity Assessment, By Feedstock, 2021 & 2031F |
18.3 Asia Pacific Biodiesel Market Opportunity Assessment, By Applications, 2021 & 2031F |
19 Asia Pacific Biodiesel Market - Competitive Landscape |
19.1 Asia Pacific Biodiesel Market Revenue Share, By Companies, 2024 |
19.2 Asia Pacific Biodiesel Market Competitive Benchmarking, By Operating and Technical Parameters |
20 Company Profiles |
21 Recommendations |
22 Disclaimer |