| Product Code: ETC007550 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Vietnam Biodiesel Market is likely to experience consistent growth rate gains over the period 2025 to 2029. From 11.66% in 2025, the growth rate steadily ascends to 13.36% in 2029.

Vietnam's Biodiesel market is anticipated to experience a high growth rate of 12.99% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Vietnam biodiesel market is expected to witness significant growth from 2020 to 2026. This can be attributed to the increasing demand for renewable fuels due to rising concerns about environmental pollution and climate change, as well as growing support from the government in terms of subsidies and tax relief. The biofuel industry in Vietnam caters mainly to domestic consumption, with exports accounting for only a small portion of total production.
In 2019, the country produced around 93 ktoe (thousand tonnes oil equivalent) of biodiesel, which was up by 6% compared with 2018 figures. This sharp increase was driven by strong government policies that encourage biofuels? use for transportation purposes. Furthermore, numerous incentives such as low-interest loans are offered by banks and other financial institutions for investing in research & development activities related to renewable energy sources like biodiesel production technologies. These factors are projected to drive the Vietnamese biodiesel market over the forecast period (2020?2026).
The feedstock used for producing biodiesel vary across different countries depending on availability; however soybean oil has emerged as one of the most preferred feedstocks globally due its high unsaturated fatty acids content and cost competitiveness relative to other vegetable oils available in various parts of Asia Pacific region particularly China, India & Japan etc., consequently this factor is also likely contribute towards market expansion over coming years.. Additionally there has been an increased focus on using non-edible vegetable oils extracted from waste cooking oil or agricultural residues like corn stover , cottonseed husk etc., these developments promise potential opportunities not only economic but also environmental benefits associated with efficient utilization resources.
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 Vietnam Biodiesel Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Biodiesel Market Revenues & Volume, 2019 & 2026F |
3.3 Vietnam Biodiesel Market - Industry Life Cycle |
3.4 Vietnam Biodiesel Market - Porter's Five Forces |
3.5 Vietnam Biodiesel Market Revenues & Volume Share, By Feedstock, 2019 & 2026F |
3.6 Vietnam Biodiesel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Vietnam Biodiesel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Biodiesel Market Trends |
6 Vietnam Biodiesel Market, By Types |
6.1 Vietnam Biodiesel Market, By Feedstock |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Biodiesel Market Revenues & Volume, By Feedstock, 2016 - 2026F |
6.1.3 Vietnam Biodiesel Market Revenues & Volume, By Vegetable Oils, 2016 - 2026F |
6.1.4 Vietnam Biodiesel Market Revenues & Volume, By Animal Fats, 2016 - 2026F |
6.2 Vietnam Biodiesel Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Biodiesel Market Revenues & Volume, By Power Generation, 2016 - 2026F |
6.2.3 Vietnam Biodiesel Market Revenues & Volume, By Fuel, 2016 - 2026F |
6.2.4 Vietnam Biodiesel Market Revenues & Volume, By Others, 2016 - 2026F |
7 Vietnam Biodiesel Market Import-Export Trade Statistics |
7.1 Vietnam Biodiesel Market Export to Major Countries |
7.2 Vietnam Biodiesel Market Imports from Major Countries |
8 Vietnam Biodiesel Market Key Performance Indicators |
9 Vietnam Biodiesel Market - Opportunity Assessment |
9.1 Vietnam Biodiesel Market Opportunity Assessment, By Feedstock, 2019 & 2026F |
9.2 Vietnam Biodiesel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Vietnam Biodiesel Market - Competitive Landscape |
10.1 Vietnam Biodiesel Market Revenue Share, By Companies, 2019 |
10.2 Vietnam Biodiesel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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