Global Trends in the Use of Biodiesel Fuel

Abstract

The potential ways for reducing the consumption of hydrocarbon minerals through the use of biofuels are presented, the prospects for increasing the global biodiesel market at an average annual rate of 4.9%, which will amount to about 63 million tons by the end of 2030 are given. The largest producers and consumers of motor biofuel the USA, Brazil, the European Union, Argentina, Indonesia and China are identified. It has been established that the raw materials for producing biofuel from vegetable oils are mainly soybean, canola, jatropha, palm, coconut and castor oils.