RNCOS has recently launched a new report "Global Biofuel Market Analysis". The worldwide biofuel market has been seeing quick growth over the previous couple of years in the background of depleting fossil fuels and destruction of ecological conditions. Since the second half of the 20th century, amid issues about rising oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has actually largely concerned suggest bioethanol (likewise referred to as ethanol) and diesel. Therefore, many economies have actually turned their attention towards biofuels. Many countries are also supporting the biofuel industry in the form of subsidies and tax rewards which keep the biofuel producing business rewarding. Even governments of different nations have executed compulsory biofuel blend with the conventional fuel to increase its demand.
According to our brand-new research study report, "Global Biofuel Market Analysis", the international production of ethanol and biodiesel is expected to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The potential growth in ethanol and biodiesel production depends upon a number of factors that have actually been thoroughly covered in this report.
As per our research study, the Americas, mainly encompassing the US, Brazil, Argentina, and Canada, accounts for maximum share in the worldwide ethanol market. The region accounts for around 90% of the overall international ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.
We have also studied growth potential customers of the biofuel industry in the developing countries. The Asia-Pacific areas make up an enormous capacity in the field of biofuel production, particularly due to cost-efficient availability of feedstock. The countries covered under the Asia-Pacific area consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have shown terrific interest in raising the production of biofuels in order to use them as alternatives of standard energy sources.
"Global Biofuel Market Analysis", offers a substantial research study and logical analysis of the international biofuel market and its various segments. It provides a deep insight into the regional trends prevailing around the world. Analysis and statistics regarding the market size, development, local segmentation, and patterns in technology advancements have been completely studied in the report to offer customers a comprehensive introduction of the biofuel industry.
In addition, the report contains details about federal government support that would help with to create suitable methods for the growth of business in the untapped markets. The report likewise provides detailed information about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental benefits.
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Rncos Releases a new Report - Global Biofuel Market Analysis
Garnet Craven edited this page 2025-01-11 23:24:29 -06:00