DKT Energy Technology
National High-Tech Enterprise; Sichuan Provincial Enterprise Technology Center; Class B Qualification For Chemical Engineering Design; Class A Qualification For Environmental Pollution Prevention And Control; Pressure Pipeline GC1 Design Qualification
Global biofuel demand is expected to increase by 20% in 2011.
Sichuan DKT Energy Technology Co., Ltd.( A subsidiary of Hydrexia (China))
Release Date:
2012-09-27
Source:
Research and Markets, a leading provider of market data, recently released a report forecasting the growth of the global biofuels market, concluding that the sector is experiencing unprecedented expansion. Global demand for biofuels is expected to increase by 20% by 2011, with bioethanol and biodiesel accounting for a significant share of the market.
The biofuels industry is shifting from first-generation feedstocks to alternative feedstocks, developing new technologies, and benefiting from emerging government policies that support the sustainable development of feedstocks and fuels. This growth presents both challenges and opportunities for developers, producers, and businesses.
Despite the strongest growth in the Asia-Pacific and Western European regions, North America will remain the primary production hub. A surge in demand for alternative feedstocks is driving new growth opportunities across the industry.
The first-generation biofuel markets in Europe and the United States remain constrained by feedstock supply, yet have nonetheless achieved substantial biodiesel production capacity. Meanwhile, driven by supportive policies from the BRIC governments, feedstock development and biodiesel production are poised to seize new opportunities for growth.
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