subject: World biodiesel market value is expected to reach USD$62 billion by 2015 with a production of 26 billion gallons, supporting a massive CAGR of 26% [print this page] World biodiesel market value is expected to reach USD$62 billion by 2015 with a production of 26 billion gallons, supporting a massive CAGR of 26%
The report delivers an in-depth analysis of biodiesel production and consumption statistics, and estimates the production capacity as well as the region-wise growth rates. An extensive comparison between the bio-diesel and petroleum-diesel consumption has been attempted to showcase the growth prospects of biodiesel market.
The report focuses on the major market trends, estimates and forecasts for the period 2005-2015. It consists of 262 data tables/charts describing market shares, sales forecasts, etc., that gives a deep insight into the growth perspectives of the market. Based on the potential growth exhibited in the recent years, more than 500 companies have identified and 40 key companies were profiled with their contacts. Furthermore, latest key strategic activities (mergers/acquisitions, collaborations/partnerships, product launches/developments) were also reported.
Region-wise, the biodiesel market has been divided into Europe, North America, Latin America, Asia-Pacific and Rest of World. Further, the report examines 28 major counties across the regions.
World biodiesel market value is expected to reach USD$62 billion by 2015 with a production of 26 billion gallons, supporting a massive CAGR of 26% (2005-2015). Our analysis depicts that Europe will remain as the largest biodiesel market, worldwide, accounting for nearly 70% of the total production during the period. An economic rebound in the US, post-recession, could position North America in the second place among the worlds' top biodiesel market in 2010 with a growth rate of 12.8%. Asia-Pacific is likely tag as the second fastest growing biodiesel market by 2015, although its growth rate lags behind North America presently. Global biodiesel production capacity was estimated at 14.7 billion gallons in 2009 and expected to grow at a faster rate with fresh participations in the industry in the upcoming years. The biodiesel hubs, Germany and the USA, are estimated to maintain the largest biodiesel production capacities irrespective of the recession impacts and growth forecasts from the Asia-Pacific.
