World Biofuels Market Dynamics Analyzed in New GlobalData Report Published at MarketPublishers.com09 Apr 2012 • by Natalie Aster
LONDON – World bioethanol production started in 2003 with 33,514 million liters and grew to 105,608 million liters by 2011 at a CAGR of 15.4%. This was primarily due to government support in the form of subsidies. The global production is forecast to grow at a CAGR of 4.4% during 2011-2020, reaching 154,962 million liters in 2020. The global production of biodiesel started in 2005 with 4,854 million liters and grew to 23,579 million liters by 2011 at a CAGR of 30.1%. Environmental concerns and rising energy security issues will increase the growth of biodiesel and the government support in the form of subsidies will further boost the biodiesel market. By 2020, global biodiesel production is expected to reach 41,917 million liters at a CAGR of 6.6% over 2011-2020.
The global bioethanol trade increased from 1,257 million liters in 2006 to 1,689 million liters in 2007 and 1,754 million liters by 2010. The US contributed significantly to the global bioethanol trade in 2010. The key global bioethanol exporters in 2010 were the US, Pakistan, the Netherlands, France, and Belgium. In 2010, the global biodiesel trade increased to 17,950 million liters from 14,927 million liters in 2009.
New research report “Biofuels (Biodiesel and Bioethanol) Market - Global Production, Regulations, Export-Import Analysis and Key Country Analysis to 2020” prepared by GlobalData has been recently published by Market Publishers Ltd.
Biofuels (Biodiesel and Bioethanol) Market - Global Production, Regulations, Export-Import Analysis and Key Country Analysis to 2020
Published: March, 2012
Price: US$ 3.995,00
The research report offers comprehensive information and analysis on the worldwide biofuels industry. It reviews key market drivers and challenges; details biofuels technology which includes bioethanol and biodiesel production process; features biofuels production during the historical (2001-2010) and forecast period until 2020 throughout the world and for leading countries. Key regulations supporting biofuels market development and biofuels import-export data for 2010 are also covered in detail.
Major countries mentioned in the report include: Germany, France, Spain, China, Thailand, India, the US, Canada and Brazil.
More new market research reports by the publisher can be found at GlobalData page.