Biofuels Global Market: Opportunities, Emerging Technologies and ProductionSBIOctober 1, 2009 138 Pages - SKU: SB1926676 |
| Countries covered: Global SBI estimates that the global market value for liquid biofuel and bioenergy manufacturing is $102.5 billion ($U.S.) in 2009 and expects it to reach nearly $170.4 billion by 2014. The U.S. is the leading producer and consumer of bio-based renewable energy, including automotive fuel and electricity. The dollar value of U.S.-produced bio-energy manufacturing initiatives is currently $48.7 billion and will grow to reach $103.3 billion in 2014, representing a five-year CAGR rate of 16.2%. The U.S. share of the biofuel and bioenergy manufacturing industry is nearly 48% of the world’s total and will grow to nearly 61% by 2014. Brazil will maintain share of second place with a market value of $46.3 billion by 2014, a 4.2% CAGR growth from $37.7 billion. The fastest growing countries for bio-based energy manufacturing include China and India, which will grow their market values through 2014, although their overall market share will flatten. This report is the most comprehensive treatment of the biofuels market available. Worldwide data is provided on biorefineries, conversion and separation technologies, manufacturing, research and development, organic biofuels, consumption, capacity, components and competition. This report delves into the global efforts to develop technologies that improve the refining processes associated with many different types of biofuels and its growing consumption among nations throughout the next few decades. Biofuel is expected to become a major renewable resource to produce fuel, electricity, heat, and other sources of power. To compete with other energy types will require development and implementation of an enhanced biorefinery process that minimizes its impact on local environments. Developing sustainable fractionation and separation technologies will be a key factor for the success of refining biomasses into renewable energy. Biorefinery technology differs from traditional oil based refinery technology because it will be mainly water-based. Today’s biofuels involve either ethanol or diesel, with the former accounting for roughly 90 percent of the market. Brazil, the United States, and China are the greatest producers. More than half of the world’s bioethanol is generated from sugar cane; the rest comes mainly from corn. Biodiesel is mostly derived from rapeseed and sunflower.
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Additional Information
Market Insights: A Selection From The Report
Shipments of Organic Biomass Feedstocks
Biofuels trade accounts for upwards of 15% of total global production. Ethanol trade alone represents nearly 80% of global production and faces high tariffs in many countries. The U.S. accounts for approximately 48% (nearly 10 billion gallons) of global biofuel production, with the EU and Brazil accounting for the remainder. Brazil exports about 950 million gallons of ethanol, or about half of world exports. In the U.S., biofuel imports comprise a small share of domestic consumption since the tariff costs of importing ethanol typically exceed domestic ethanol prices.
Since the U.S. is the world’s leading producer and exporter of corn, corn-based ethanol manufactured outside of the U.S. will not likely become a significant competitor to U.S. corn ethanol. SBI expects the U.S. export market for corn, as well as other feedstock components of ethanol and biodiesel, to continue to decline through 2014. U.S. exports of biomass manufacturing components have declined since 2004 at a CAGR rate of 3.5% to reach $12.2 billion. A more substantial threat to the U.S. corn-ethanol export market will be how rapidly other nations develop their cellulosic biofuel conversion technologies, maximize those conversion efficiencies and create a viable and profitable export market. Biofuel legislation in a biofuel exporting country may limit its total potential for exports, according to Brian Jennings of the American Coalition for Ethanol
A closer look at feedstocks used for bio-based energy refining shows sharp declines in the U.S. export value for organic resources other than corn. Japan remains the largest consumer of U.S. produced wheat, for example, but its trade value has declined by 7% from $525.8 million in 2004 to $489.6 million in 2009. Overall U.S. exports of wheat have dipped 38.1% since 2004 to reach $3.2 billion in 2009.
In the NewsU.S. Leads World Biomass Production and Consumption
New York, September 14, 2009 - Premier energy market research publisher SBI has just released a new report:Global Biofuels Market: Opportunities, Emerging Technologies and Production. Offering the most current and comprehensive treatment of the biofuels market available, SBI delves into the global efforts to develop technologies that improve the refining processes associated with many different types of biofuels and its growing consumption among nations throughout the next few decades. Worldwide data is provided on biorefineries, conversion and separation technologies, manufacturing, research and development, organic biofuels, capacity, components and competition.
Biomass is poised to become a significant source for renewable energy production during the next decade with the U.S. leading the growing global commitment to biofuel use. As the leading producer and consumer of bio-based renewable energy, the U.S. is driving biomass activity levels within its military, Department of Energy (DOE) and the U.S. Department of Agriculture (USDA).
Biomass currently comprises 10% of total renewable energy generation in the U.S. SBI forecasts the market will claim a 12.5% share by 2014, attributing the increase in generation to accelerated efforts among bioenergy companies to generate electricity and liquid biofuels more efficiently and economically. Global Biofuels Market: Opportunities, Emerging Technologies and Production examines the industry components, competitors, growth and innovations through expert primary research and analysis.
"Rapid growth of organic biomass manufacturing, especially corn and non-food sources such as forestry products and tallow, will be evident through 2014" says Shelley Carr, publisher of SBI. SBI projects the $103 billion biofuels market will exceed $170 billion by 2014, with the fastest growth for bio-based energy manufacturing in regions such as China and India.
Outside the U.S., nations worldwide are investing in the research and development of technologies and processes that convert biomass into electricity-generating resources and usable liquid biofuels, including ethanol and biodiesel. Developing innovative and sustainable biomass separation technologies that minimize impact on local environments and reduce the threat to diminished food supply and other natural resources will become a key factor for the long-term industrial and commercial success of the biofuels industry.
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