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Home > Press > The Worldmarket For Biofuel Exceeded $ 18billion In 2006. China Number 3 With The Highest Growth.

Abstract:
Renewable Energy and Clean energy markets are a key for the reduction of Carbon Dioxide and methane worldwide. Increasing Oilprice and Nanobiotechnology make Biofuel competitive

The Worldmarket For Biofuel Exceeded $ 18billion In 2006. China Number 3 With The Highest Growth.

Switzerland | Posted on May 16th, 2007

Increasing Oilprice and Nanobiotechnology make Biofuel competitive and more efficient.

Sales of Biofuels exceeded $ 18 billion in 2006 worldwide. High growth in 2007. The greening Industry in China. New Study by Helmut Kaiser Consultancy.

In some countries the costs for biofuel are today lower than traditional oil and that's only the
beginning of a new development for many countries to be oil-free in the next 30 years. Nanobiotechnology will improve the biomass production by shaping molecules to design "energyplants" and optimize the biotechnology process. Nanotechnology and converging biotechnology increase the energy potential in the plants used for biofuel with more than 60 percent. The worldmarket for biofuel exceeded $ 18billion in 2006 and is expected to grow to $ 54 billion in 2015. Brasil is worldwide market leader representing 39 percent, the USA accounting for 20 percent, soon China will be number 3 with the aim to be number 2 in several years with the help of Brasil and wants to be oil-free by 2030 according to a new study of hkc22.com. The chinese government program includes a $ 300 million r&d budget, low interest loans, and different subsidies. All car companies in China follow the trends and present cars using biofuel, electricity or hybrid technologies . Europe is following and passed the start-up stage. The transition takes a long time but the time has come for the technologies and the market too. Increasing oilprices will speed up the developments.

This market segment of the clean energy markets is a key for the reduction of Carbon Dioxide where China is the second producer after the USA today. Due to the impact for the
Environment quality in Beijing, China could already affect the olympics 2008 positive.

Nanotechnology and converging biotechnology provide applications for the whole process
from designing the energy optimized plants to the biotechnological process for the production
of biofuel and the use too. Nanotechnology is an enabling technology for the converging
markets and lead to molecular industry.

The whole markets and growth rates improve through the technology performance, cost reduction, government support policy and the greening automotive industry worldwide.

Also investors on the stockmarkets follow this development. Since the begining of 2004
the clean energy stocks (hkc22.com-index) raised with 123 percent in the last 2 years

http://www.hkc22.com/renewableenergystudy.html

####

About Helmut Kaiser Consultancy
Helmut Kaiser Consultancy - founded in 1980 - elaborates exclusive international strategies, schemes, technology/market studies, and special studies for concerns, small and midsized enterprises, and government agencies. It has a professional team of engineers, economists and scientists from various different fields (biology, physics, and chemistry).

HKC is one of the leading knowledge based companies in Life Science, Environmental Protection, Sustainable Technologies and the State of Science Worldwide and their Developments.

For more information, please click here

Contacts:
Helmut Kaiser Consultancy-72076 Tuebingen, Germany
Telef. 0049 07071 67001
Fax 0049 07071 68086
Homepage: http://www.hkc22.com

Copyright © Helmut Kaiser Consultancy

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

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