Key Findings
- Growing at the rate of more than 30% from the year 2006, world Biodiesel production is likely to touch the mark of 12Bn litres by the end of 2010.
- Global Ethanol market is expected to exceed 1,20,000 million mark by the end of the year 2020, with a growth rate of above 6.5% from 2006.
- Contributing about half of the world bio-ethanol production, Brazil is the world’s leading producer of the same, with US following next. The European Union, with a production of about 0.5Mn tons, is estimated to be accountable for about 10% of the total Bio-ethanol in the world. With the rapid growth in Bio-ethanol production, US will be able to catch up with Brazil in this business in the years to come.
- Production of Biofuel (ethanol and Biodiesel) exceeded 33 billion litres in 2004. In 2004, ethanol made up for 44% of the total fuel consumption in all (non-diesel)
motor vehicles in Brazil while it was being blended with 30 percent of total gasoline sold in US
Key Issues and Facts Analyzed
The research report also addresses the issues and facts that are critical toyour success:
- Major market trends in the Biofuel industry.
- Current cost analysis of Biofuel.
- How does the regional market vary on the basis of their policies and the trends?
- Where the market will be after 4 years?
- What opportunities exist for Biofuel in the global market?
- What are the driving factors for the Biofuel market Worldwide?
- How the market is affected by other factors prevailing in the economy?
- What are the various government support programs and Major Biofuel projects?
Key Markets Analyzed
This section covers the main products like Biodiesel, Ethanol and the feedstockfor these products in different regions, including Australia, China, Thailand,Brazil, Canada, US, Czech Republic, Denmark, France, Germany, Italy, Spain,Argentina, India, Indonesia, Japan, Malaysia, Philippines and United Kingdom.
Research Methodology Used
Information Sources
Books, Newspapers, Trade Journals, White papers, Industry portals, GovernmentAgencies, Trade associations. Monitoring of Industry News and developments,Access to more than 3000 paid databases.
Analysis Method
Ratio Analysis, Historical Trend Analysis, Linear Regression Analysis usingsoftware tools, Judgmental Forecasting and Cause and Effect Analysis.
