Report analyzes Brazil, Russia, India, China markets

By Ron Kotrba | August 08, 2008
Web exclusive posted August 22, 2008 at 12:49 p.m. CST

A new report projects the future biodiesel markets in Brazil, Russia, India and China over the next four years. The biodiesel markets in the BRIC countries, as the four nations are generally referred to, are the subject of a study conducted by Bharat Book Bureau, based in Mumbai, India.

According to the study, the current BRIC biodiesel market represents nearly $578 million from a "cumulative turnover of 35 active players," which is expected to grow in the next four years to $6 billion a compounded annual growth rate of 59.9 percent.

Another thirty-three companies are in the process of establishing biodiesel plants in the BRIC countries, pegged to come on line before the end of 2012. According to Bharat Book Bureau, "the top three players alone account for nearly two-thirds of the BRIC market."

The company states that the report is "the only study of its kind that seeks to quantify and analyze the entire business of biodiesel manufacturing in the BRIC region," and it "goes beyond official statistics/analyst coverage and provides an independent appraisal generated from a wide-ranging investigation and analysis from the ground up."

The report, titled "Biodiesel Industry in BRIC Markets," can be purchased for $5,000 at
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