RNCOS has actually recently introduced a new report "Global Biofuel Market Analysis". The worldwide biofuel market has been witnessing fast growth over the past few years in the backdrop of depleting nonrenewable fuel sources and degradation of environmental conditions. Since the 2nd half of the 20th century, amidst concerns about rising oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has mostly pertained to indicate bioethanol (also referred to as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many nations are likewise supporting the biofuel industry in the form of aids and tax incentives which keep the biofuel producing business profitable. Even federal governments of different countries have actually executed compulsory biofuel mix with the traditional fuel to increase its demand.
According to our new research report, "Global Biofuel Market Analysis", the global 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 on several elements that have been thoroughly covered in this report.
Based on our research, the Americas, mainly incorporating the US, Brazil, Argentina, and Canada, represents maximum share in the international ethanol market. The area 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 actually also studied development prospects of the market in the establishing nations. The Asia-Pacific areas make up a massive 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 revealed terrific interest in raising the production of biofuels in order to utilize them as options of standard energy sources.
"Global Biofuel Market Analysis", supplies an extensive research and reasonable analysis of the global biofuel market and its different sectors. It supplies a deep insight into the regional trends dominating across the world. Analysis and stats concerning the marketplace size, development, local segmentation, and patterns in innovation developments have been thoroughly studied in the report to supply customers a thorough summary of the biofuel market.
In addition, the report includes info about government support that would help with clients to formulate appropriate methods for the growth of company in the untapped markets. The report also offers comprehensive info about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental advantages.
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Rncos Releases a new Report - Global Biofuel Market Analysis
helenapflaum85 edited this page 2025-01-11 08:47:46 +01:00