NRG Expert World BioFuels Report
Prod. Code: NRGWB1
This new report looks at the global Biofuels market place now and the predictions for future growth and development.2009 was a hard year for the biofuels sector with low oil prices and reduced demand for transport fuels. Investment was down by just over a third compared to the previous year. Plants were idle or operating at less than capacity. The industry in the EU, US, Malaysia and Indonesia were particularly feeling the effects; both the US and EU were struggling to compete with cheaper fuels from Latin America. The projects that did receive investments mainly used mixed feedstocks and thus could adapt to changing commodity prices and supply shortages. Projects using sugar cane or next generation feedstocks such as jatropha, cellulosics or algae received significant investments.
Research and Analysis highlights
NRG EXPERT believes that US biodiesel producers will not recover in the short term. US ethanol producers may also be affected by the expiration of subsidies at the end of the year, unless legislation can be passed in time.
Japan will become a growing market for the sector following the expected implementation of new biofuels legislation in the short term. China and India may also become significant biofuel markets.
NRG EXPERT expects the latter part of 2011 and 2012 to be a good year for the sector, with new countries entering the sector on a commercial scale, such as the Philippines, Thailand. The EU market may contact slightly with the removal of subsidies in some key member states, e.g. the Netherlands.
Key reasons to purchase this research
- Make informed business decisions through a clear global understanding of this market.
- Design business strategies by understanding the trends, developments and predictions.
Prod. Code: NRGWB1