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Follow on Google News | Biofuels (Biodiesel and Bioethanol) MarketGlobal Bioethanol Market – Government Incentives and Fuel Demand to Boost Bioethanol Market
By: Rajesh Gunnam The global biodiesel production 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. In 2011, coarse grains accounted for the majority of feedstock used in the production of bioethanol followed by sugarcane. Wheat, molasses, non-agricultural feedstock, sugar beet and other forms of feedstock are also used for the global production of bioethanol. For Sample Pages, please click or add the below link to your browser: http://www.globaldata.com/ 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. Countries like Germany and China have considerable biodiesel production capacities which they use to export biodiesel to other countries. The key global biodiesel exporters in 2010 were Germany, China, the Netherlands, Argentina, Belgium and the US. The production of bioethanol in Germany began in 2004 with 25 million liters. Bioethanol production in Germany is expected to grow at a CAGR of 69.6%, reaching 1,010 million liters in 2011. Bioethanol production is forecast to grow at a CAGR of 12.3% during 2011-2020, reaching 2,873 million liters in 2020. The production of biodiesel started in 2002 with 534 million liters. Since then, the biodiesel production has grown at a CAGR of 21.5% and is expected to reach 3,090 million liters in 2011. The production is forecast to grow at a CAGR of 3.5% during 2011-2020, reaching 4,205 million liters in 2020. "Biofuels (Biodiesel and Bioethanol) Market – Global Production, Regulations, Export-Import Analysis and Key Country Analysis to 2020" is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the biofuels industry. The research provides an understanding of the technology, key drivers and challenges in the global biofuels market. The report provides detail overview on biofuels technology which includes bioethanol and biodiesel production process. The report provides biofuels production during the historical (2001-2010) and forecast period until 2020 for global and key countries such as Germany, France, Spain, China, Thailand, India, the US, Canada and Brazil. Key countries section in the report also covers key regulations supporting biofuels market development and biofuels import-export data for 2010. For further details, please click or add the below link to your browser: http://www.globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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