Rapeseed OME (Rapeseed Oil Methyl Ester) Market
Regions Covered
Europe
Regions Covered
Europe
Global oil methyl market is expected to grow at a CAGR of more than 5%. Rapeseed oil methyl ester segment is the largest segment of the global oil ester market. This is due to the increasing use of rapeseed as the primary raw material for oil methyl ester production, as rapeseed has better oil content (30-37%) than other types of raw material used in the manufacturing. The high cetane number of biodiesel produced from rapeseed oil allows complete combustion and thus lowers emissions. Low profitability and weather conditions are expected to weigh on rapeseed planting and hence the rapeseed oil methyl ester
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