Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Thursday, September 4, 2008

Biodiesel market is expected to augment to $6.0 billion by 2012

Open PR
Press release from: Bharat book bureau
Bharat book bureau


The current size of the Biodiesel market in BRIC is estimated at $577.57mn (the cumulative turnover of 35 active players), and is further projected to increase to $6.0bn by 2012, at a CAGR of 59.9%. Further an additional 33 players are in the process of setting up production facilities, which are expected to go live during 2008~12. The top three players alone account for nearly two thirds of the BRIC market, while the rest is distributed amongst the smaller players.



Bharatbook.com included a new report titled “Biodiesel Industry in BRIC Markets” which provides a detailed coverage of the biodiesel market in Brazil, Russia, India and China, generally referred to as BRIC countries. The biodiesel segment in the BRIC markets is amongst the fastest growing sector within the alternative fuel industry.



The research study is a pioneering market research effort, to analyze the Biodiesel market with emphasis on the overall BRIC market as well as geography specific current size & future projections, current capacity & future additions (including wasteland development and Greenfield facilities setup), end-use applications, feedstock analysis, new entrants in the market, competitive landscape and providing a broad sweep of the regulatory environment governing the sector and the opportunities thereof.

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