In 2017, Global bio fuel production has increased to 143 billion litres as compared to 16 billion litres in 2000. (10 times increase).
Transport biofuel production expanded 7% year-on-year in 2018, and 3% annual production growth is expected over the next five years. This falls short of the sustained 10% output growth per year needed until 2030 to align with the SDS. (Sustainable Development Scenario)
Global Production of Bio fuel
USA and Brazil are the largest bio fuel producers globally with a production share of 87% whereas biodiesel production share is evenly distributed between Asia, America and Europe.
Global Production by Country
Ethanol is a renewable fuel that can be made from various plant materials, collectively known as biomass. It is a replacement of gasoline. Raw material used are sugar and starch components of crops like wheat, corn, sugarcane etc. The most common blends of ethanol are E10, E85.
India is set to close in on the highest ever of 7.2 per cent of ethanol blending with petrol in the current season (December 2018 – November 2019).
The new Bio-fuel Policy allows use of other than molasses as a feed stock to manufacture ethanol in the country. This includes sugarcane juice, damaged food grains, rotten potato, corn, surplus food grains, if any etc.
Global Production Ethanol
The world’s bio diesel supply grew from 3.9 billion liters in 2005 to 18.1 billion liters in 2010 and is expected to exceed 33 billion liters in 2016 and reach 41.4 billion liters in 2025, a 25% increase over 2016 levels.
Bio diesel prices have been facing downward pressure due to low global petro-diesel prices, however, blending mandates have largely sheltered the bio diesel market by lending consistency to demand. International prices of bio diesel are expected to increase in nominal terms over the next 10 years driven by the recovery of crude oil markets and prices of bio fuel feed stock.
Global Production Bio Diesel