Mercado de Biocombustíveis na China

(Notícia em Inglês)
The Chinese biofuels market is forecast to reach a total capacity of product of 10 million tonnes of bioethanol and two million tonnes of biodiesel in 2020. There is significant scope for biofuels market growth in China. Domestic and foreign companies have established joint venture operations to begin development of second generation biofuels. The Chinese government is also investing in the development of land on which non food crops can be grown. The biofuels market in China will be driven by demand for clean energy sources and by government initiatives.

The report begins with an introduction of biofuels market indicating different types of biofuels and its respective feedstocks. This is followed by an overview of the bioethanol and biodiesel market including its production capacity and different available feedstocks used for the same. It further talks about the development of second generation biofuels i.e. cellulosic ethanol.

An analysis of drivers explain factors contributing to the growth of biofuels market including depleting and dependency on oil reserves, rising automotive sector, degradation of environment, international partnerships and social impact. The key challenges identified include scarcity of land and water, and food security. Government initiatives have been discussed indicating the subsidies being given to develop the biofuel market.

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