By 2015, the global biodiesel market value is likely to achieve a value of $62 billion, representing a growth rate of 26% p/a between 2005-2015. In volume terms, this is equivalent to 26 billion gallons, according to a new report available from companiesandmarkets.com
Biodiesel and Feedstocks: A Global Market Outlook
In 2009 worldwide biodiesel production capacity was in the region of 14.7 billion gallons, a figure which is expected to increase dramatically over the reporting period. There are clusters of biodiesel production activity in the US and Germany, and while the Asia-Pacific regions are showing signs of rapid growth, these regions are likely to remain as dominant markets in terms of production.
Europe is currently the largest global biodiesel market and is expected to stay that way during the reporting period, representing 70% of global biodiesel production. The US market is growing at a rate of 12.8% (2010 figures), and is likely to increase its market share as it emerges from the recession.
The 372 page biodiesel and feedstocks market report provides a detailed overview of the competitive biodiesel and feedstocks market, including historic and forecast data between 2005-2015. Detailed analysis of market trends, drivers, barriers, new technologies, M&A, partnerships, and other influencing factors are also included within the report.
Over 500 biodiesel and feedstuffs companies are referenced within the report, with full profiles provided for 40 key players, including Novozymes A/S; Neste Oil; Petrotec Gmbh; Agribiofuels, Llc; Bay Biodiesel, Llc; Cargill, Inc; Griffin Industries; Pacific Biodiesel, Inc; Sirona Fuels; Lereno Sdn Bhd And Biodiesel S.A.
The biodiesel and feedstocks research report is split by geography - Asia Pacific, Europe, Latin America and North America, with a specific focus on 28 countries within those regions. Information is provided in the form of charts, graphs and supporting commentary.