Released on: August 1, 2008, 5:13 am

Press Release Author: Shushmul Maheshwari

Industry: Energy

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
\"Emerging Biofuel Market in India\" to its report gallery. This research report will
help the client to evaluate the current status and opportunities in the Indian
biofuel market.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
\"Emerging Biofuel Market in India\" to its report gallery. Tag of a developing
country with a huge energy demand (it was standing at the fifth position in terms of
energy consumption in the world in 2002) has forced India to depend on other
countries for fuel (oil), increasing the risk exposure of the country to the
volatility of crude oil prices in the international market.

Feeling the heat of shooting oil prices, India commenced its biofuel journey in
2003. Currently, ethanol dominates the Indian biofuel sector, however, biodiesel is
also expected to join the commercial stream soon as the phase one of pilot projects
has already been completed. So being at the initial stage, but with huge potential
in terms of production, the Indian biofuel industry will prove to be a good option
for biofuel producers.

This research report will help the client to evaluate the current status and
opportunities in the Indian biofuel market. It studies the Indian biofuel market in
detail and based on past and current trends predicts the future direction of the
market.

Key Findings

- Ethanol dominates the world biofuel market and its production is expected to grow
at a CAGR of around 6% during 2008-2017.
- Worldwide biodiesel production is expected to grow at a CAGR of over 5% from 2008
to 2017.
- Ethanol production of India is likely to attain a CAGR of slightly over 2% during
the period 2008-2017.
- Increased ethanol use is expected to supersede the production during the
forecasted period. Domestic ethanol consumption in India is projected to expand at a
CAGR of around 6.5% during 2008–2017.
- India’s total biodiesel requirement is projected to grow to 3.6 Million
Metric Tons in 2011-12, with the positive performance of the domestic automobile
industry.
- Similar to Brazil and the US, the Indian automobile industry has huge potential
for the flex-fuel vehicles.

Key Issues & Facts Analyzed

- Analysis of the market forces and challenges affecting the industry.
- Study of India’s potential to sustain the future growth of biofuel industry.
- Evaluation of the biofuel demand scenario in India.
- Study of government stand in support of biofuel in India.

Research Methodology

Information Sources
The information has been sourced from authentic and reliable sources like books,
newspapers, trade journals, and white papers, industry portals, government agencies,
trade associations, monitoring industry news and developments, and access to over
3000 paid databases.

Analysis Method
Methods like ratio analysis, historical trend analysis, judgmental forecasting, and
cause and effect analysis have been sed in the report for prudent analysis.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

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