Indian Ethanol Demand Poised for Growth

Due to an increasing consumption of ethanol blend in transportation fuel along with demand from industrial sector, Indian ethanol consumption will experience 4.5% CAGR during 2010-2013.

According to our new research report “Emerging Biofuel Market in India”, Indian biofuel market has been witnessing fast growth and developments for the past few years. In order to reduce dependency from conventional energy source and to lessen petroleum imports, government has infused considerable resources and investments in the biofuel sector. The report reveals that the sector will continue to receive strong regulatory support, and the ethanol consumption in the country will orchestrate around 4.5% CAGR by 2013.

The report has identified that the Indian biofuel industry is being driven by mandated biofuel usage policies and fiscal incentives. Government support is much more vital to keep the sustainability of biofuel in long run to satisfy the amplifying fuel demand for transportation. Growing concern over climate changes is also giving thrust to the biofuel industry.

Further, the Indian government is planning to introduce 20% ethanol blend in all the states by 2011-12. However, it is expected that the introduction of E20 (ethanol 20% blend) will create a demand that cannot be easily fulfilled and ethanol imports will become inevitable for the country.

The report is an outcome of extensive research and thorough analysis on the burgeoning biofuel industry in India, its components and supporting feedstock’s market trends. The market structure, current and past market performance and factors critical to the success of the concerned industry in India have also been discussed in the report.

Additionally, the report examines the industry potentials under two segments: ethanol and biodiesel. A thorough evaluation of demand-supply scenario and analysis of raw material trend have been covered for both the segments along with objective cost analysis. Further, a brief description of government policies and initiatives has also been included to facilitate a balanced study of the Indian biofuel industry.

“Emerging Biofuel Market in India” presents the industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and rational analysis of the Indian biofuel industry and will prove decisive for clients.

source: prlog.org