Brazil is among the global leaders in renewable energy and a pioneer in developing biofuels as an economically viable alternative to fossil fuels. Notably, in 2016, 26.8% of the fuels consumed in the country were renewable. The main biofuels are sugarcane ethanol – comprising anhydrous ethanol for blending with gasoline and hydrous ethanol for direct use in flex-fuel vehicles, and biodiesel, made from vegetable oils and animal fats. Pure fossil fuels are not available to the end consumer, due to the mandatory biofuel blend. In 2017, gasoline had mandatory contents of 27% of anhydrous ethanol, while diesel was a blend containing 8% of biodiesel. Additionally, about 60% of the vehicle fleet in the country is adapted to use pure hydrous ethanol as fuel, which is economically viable as long as its cost is less than 70% of the gasoline price, to compensate for the lower calorific value of the biofuel.

01 EXECUTIVE SUMMARY

02 SECTOR FORECAST

03 SECTOR IN FOCUS

04 COMPETITIVE LANDSCAPE

05 COMPANIES IN FOCUS

06 REGULATORY ENVIRONMENT

07 ETHANOL

08 BIODIESEL