RNCOS projects 10% annual ethanol growth, 6% annual growth rate for biodiesel, through 2018

In India, RNCOS released its Global Biofuel Market Analysis, projecting that global ethanol production will grow at a CAGR of around 6% during 2009-2018, and that global biodiesel production will grow at a CAGR of over 5% during the same period. Among factors driving demand — a 20 percent biofuels mix expected in Brazil by 2015, robust growth in the Indian biofuel sector, and a 10 percent mandate expected to take place in Australia.

A free sample of the report is available here.

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