Global Alternative Energy.

Market:

The market of the biodiesel is the total mineral diesel market.

Current products :

- Mineral Diesel - Market size (Europe Only):

2004   : 162 MT                                   
2020 (Projection) : 325MT

- If we conceder the European Biofuels Directive Requirements:

2005 – 2% of the energy for transport, (only 1% was reached).
2010- 5.75% of the energy for transport
2020 – 20% of the energy for transport

The Biodiesel market size in 2020 is projected to be 65MT ($ 90B in Sales).

In the USA, the market for biodiesel is growing at an alarming rate. Biodiesel consumption in the U.S. grew from 25 million gallons per year in 2004 to 78 million gallons in 2005. Biodiesel production in the U.S. is expected to reach 300 million gallons by the end of 2006, and to reach approximately 750 million gallons per year in 2007.
Demand for biodiesel in the U.S. has grown so fast in 2006 that the seventy or so existing major biodiesel plants are barely able to keep up. To meet this demand, over fifty new, larger-scale plants are in construction and are expected to come online between 2007 and 2008. Not only will these fifty plants more than double the U.S. production capacity, but the size and production volumes of the new plants are much bigger on average.

Click here for a graphic view.