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Biofuels production to top 150,975 million litres in 2016

According to a new report, biofuels (bioethanol and biodiesel) production in top and emerging countries such as US, Brazil, France, Spain, India, Colombia, Thailand, Sweden, Belgium, and Netherlands is expected to grow from 102,896 million litres in 2011 to 150,975 million litres in 2016 at CAGR of 8%.

The markets representing high growth rate are Sweden (32.2%), Colombia (24.4%), India (19.7%), and Thailand (16.3%).

According to the report, Biofuels Market by Technology, Feedstocks, Regulations, Pricing & Commercialization Trends & Forecasts (2011-2016), published by MarketsandMarkets, biofuels are gaining importance in recent years due to their low carbon emissions, government support, growing automobile industry, volatile and rising crude oil prices, and energy sustainability with new opportunities resulting in scaling up production with utilization of new feed stocks such as jatropha and algae for biodiesel and cellulosic feed stocks for bioethanol. 

In 2010, 107.6 billion litres of biofuel were produced globally, of which top and emerging countries accounted for 84.5% of production. 

As of 2010, the global biofuels production market is largely dominated by the US (45.9%), Brazil (29.3%), and France (3.75%). These countries have mature markets as compared to other countries. Countries such as India (1.3%), Spain (1.14%), and Thailand (1.04%) are in growth stage, while countries such as Sweden (0.33%), Netherlands (0.33%), Belgium (0.63%), and Colombia (0.65%) are at a nascent stage in biofuel production.

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Comments

ANUMAKONDA JAGADEESH said

10 November 2013
Yes. Biofuels can play a significant role in the energy mix. In the developing countries there are millions of hectares of waste lands.There are care-free growth plants like Agave and Opuntia. Both are regenerative plants. Both are CAM Plants. Biofuel/Biogas and later power generation from these plants will help to meet the demand for bio fuels. Also in the debate Food Vs Fuel,these will fit in.Mexico is already doing this. It is hoped in India in the millions of hectares of waste land,agave and Opuntia will be cultivated.
Dr.A.Jagadeesh Nellore(AP),India

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