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Global Biodiesel Report Identifies Industry Trends

October 6th, 2006 | No Comments | Posted in Algae-Biodiesel

You are at the Oilgae Blog. See also: Oilgae – Oil & Biodiesel from Algae

Summary of the article: Within 15 years U.S. biodiesel industry consolidation will begin, Brazil will become a production leader and algae will become a viable biodiesel feedstock, according to a research report now available from Emerging Markets Online. The Houston-based energy intelligence and management consulting firm has published its 380-page “Biodiesel 2020: A Global Market Survey.”

Other points:
1. U.S. biodiesel distribution to expand as companies like Marathon Oil Co. and Chevron become invested in the industry
2. The U.S. retail market is already growing from 300 refueling sites in 2005 to more than 950 sites this year.
3. Public consumption in Europe represents 2 percent of total on-road fuel consumption today and is expected to reach 6 percent by 2010
3. The participation by the larger corporations in larger, lower-cost biodiesel enterprises will lead to a consolidation among smaller players.
4. Biodiesel production is expected to expand overseas. Thurmond said Brazil will play an important role as an international biodiesel supplier
5. China and India will become large-scale producers and users of biodiesel over the next decade
6. Within five years soy oil may be start being replaced by biodiesel created from algae or imported palm oil

Companies mentioned: Emerging Markets Online, Marathon Oil Co., Chevron

Personalities mentioned: Will Thurmond, author of the report

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Oilgae – Oil & Biodiesel from Algae provides links, provides directory and web links resources for the algae-based biofuels & biodiesel. It is intended to be useful for research, information, inputs, news for buyers, sellers, manufacturers, traders, suppliers, producers, exporters and importers of algal oil and algal fuels. It will make an effort to provide info on biofuel feedstock, algal feedstocks, algae oil info and link, details on fuel from algae, bio-fuel, bio-diesel, bio-fuels, algal oils production and uses, and biofuels trade & market resources, data, statistics such as price, prices, demand-supply for buyer, seller, manufacturer, trader, supplier, exporter and producer

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