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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