White paper highlights global biofuels market

By Erin Voegele | September 19, 2013

India-based research firm RNCOS has published a white paper on the global biofuel market that finds global biofuel production in 2012 grew at the fastest rate in the Asia Pacific region of the world, where production increased by 17.6 percent from 4.397 million tons in 2011 to 5.174 million tons last year. In terms of total volume, the America’s led with 44.996 million tons of production, which was up 1.5 percent from 2011 production of 45.718 million tons. Europe and Eurasia experienced a 1.1 percent growth, increasing from 10.143 million tons in 2011 to 10.022 million tons last year.

The report estimates the U.S. produced 27.36 million tons of biofuel in 2012, or 45.4 percent of the global total. Within the America’s the U.S. produced 61 percent of total biofuel, followed by Brazil with 30 percent. 

Germany led European production with 2.894 million tons of biofuel, or approximately 29 percent of Europe’s total. France, Poland, and Spain are also main European producers, with a respective 18 percent, 6 percent and 6 percent of total European production.

RNCOS estimates that 25.594 billion gallons of ethanol were produced in the Americas last year, with total global production reaching only 28.353 billion gallons. The Asia Pacific region is credited with 1.578 billion gallons of production, followed by Europe with 1.139 billion gallons and the rest of the world with only 42 million gallons of production.

A full copy of the white paper can be downloaded from RNCOS’s website.