India Biofuel Industry Outlook 2022 - 2026

Key Market Indicators

Demand for biofuel in India is projected to rise 3.4% annually on average to reach 50.9 thousand barrels of oil equivalent per day (kbpd) by 2026. This is up from 42.9 kbpd in 2021. Since 2007, the country's demand has grown 9.1% on an annual basis. Meanwhile, Indian biofuel production is expected to increase 4.7% per year on average to 44.8 kbpd by 2026. This is up from 37.1 kbpd in 2021. Since 2005, supply in the country has risen 25.8% on an annual basis.

India Biofuel Market Data and Forecasts

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