Global Biodiesel Market Analysis and Forecasts to 2020

Biodiesel

24-03-10

Production increased from 959 million liters in 2001 to 15,760 million liters in 2009, at a CAGR of 41.9%. Supported by governments to increase energy independence and meet the rising energy demand the biodiesel market is expected to produce 45,291 million liters of biodiesel in 2020, representing a CAGR of 10.1% during 2009 to 2020.

Europe is the leading biodiesel market with a production share of 49.8% followed by the Americas with a production share of 32.8% and Asia Pacific with a share of 4.4% in 2009. European share in the biodiesel production has been declining since 2001 while the share of Americas and Asia Pacific increased. The top five biodiesel producers in the world are the Germany, The US, France, Argentina, and Brazil. All of these countries together produce 68.4% of the world’s total biodiesel. Australia is the largest producer of biodiesel in Asia Pacific followed by China and India.

Source: www.prlog.org/10587288-global-biodiesel-market-analysis-and-forecasts-to-2020.html

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Category: Biodiesel, European Community, USA, China, France, Germany