Indian consulting company MarketsandMarkets released a report describing the trends in production and consumption of biofuels, given the impact of commodity prices, prospective and market regulations. According to a new report the biofuels increase production (bioethanol and biodiesel) is expected the in countries such as USA, Brazil , France, Spain , India, Colombia , Thailand , Sweden, Belgium and the Netherlands – from 102.896 million liters in 2011 to 150 975 000 liters in 2016 with a compound annual growth rate of 8 percent. High growth rates will be demonstrated by Sweden (32.2 %), Colombia (24.4 %), India (19.7 %) and Thailand (16.3 %). These countries are chosen based on their production of biofuels and GDP growth over the past two years.
Full article is available HERE in Ukrainian.