Biodiesel Market: Market Size, Trends and Growth Analysis

The Global Biodiesel market has experienced robust growth over the last five years and is expected to continue its momentum, reaching approximately US $64 billion by 2017 with a CAGR of 19% over the next five years.

Lucintel, a leading global management consulting and market research firm, has analyzed the Global

Biodiesel market and presents its findings in “Growth Opportunities in the Global Biodiesel Market 2012–2017: Trends, Forecasts, and Market Share Analysis.”

Lucintel’s research illustrates that, despite the controversies surrounding biofuel such as sustainability, food versus fuel, and the like, biofuel supply and demand is projected to grow over the forecast timeframe. Ethanol is projected to occupy a major chunk of the total biofuel production while biodiesel is expected to more than double in demand from 2011 levels.

As per the study, the use of biodiesel in the transportation sector is gaining traction where nontoxic properties, biodegradability, lower emissions, and other performance benefits are critical. The growth driver in biodiesel usage is not only being generated in Europe. The Rest of the World (ROW) and Asia Pacific (APAC) are expected to experience tremendous growth in biodiesel supply and demand by 2017, driven primarily by public policy support. Countries such as Brazil, Argentina, India, China, Malaysia, Indonesia, and Thailand produce for domestic and export markets.

APAC is expected to enjoy the highest growth rate in biodiesel production, while EU is expected to have the highest revenue value in the annual biodiesel market during 2017. APAC has the highest growth potential due to population density and burgeoning automotive markets. Lucintel’s analysis on the competitive landscape and industry fundamentals indicates that the market is likely to remain profitable over the next five years.

The report, which provides trend scenarios and forecast statistics for 2012–2017, details drivers and challenges, industry background and characteristics, and makes an elaborate analysis of the biodiesel market, while exploring growth opportunities and

emerging trends in the biodiesel market.

Report includes information, insights, and tools needed to identify new growth opportunities and operate successfully in this market. This rep

ort is likely to save hundreds of hours of personal research time and is estimated to significantly help to expand your business in this market. In today’s unstable economy, you need every advantage to keep ahead in your business.

To make business, investment, and strategic decisions, you need timely, useful information. This market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in biodiesel market.

Some of the features of this report:

---