RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The worldwide biofuel industry has been seeing rapid development over the past few years in the backdrop of fuels and deterioration of environmental conditions. Since the 2nd half of the 20th century, amidst issues about rising oil prices and greenhouse gas emissions from fossil fuels, the term biofuel has actually mainly pertained to suggest bioethanol (likewise described as ethanol) and diesel. Therefore, many economies have actually turned their attention towards biofuels. Many countries are likewise supporting the biofuel industry in the form of aids and tax rewards which keep the biofuel producing companies successful. Even federal governments of numerous nations have actually implemented necessary biofuel mix with the standard fuel to increase its need.
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 prospective growth in ethanol and biodiesel production depends on several aspects that have been thoroughly covered in this report.
Based on our research, the Americas, primarily incorporating the US, Brazil, Argentina, and Canada, represents optimal share in the global ethanol market. The region accounts for around 90% of the total worldwide ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel manufacturer.
We have likewise studied growth potential customers of the biofuel market in the establishing countries. The Asia-Pacific regions make up a massive capacity in the field of biofuel production, especially due to affordable availability of feedstock. The nations covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have revealed excellent interest in raising the production of biofuels in order to use them as alternatives of traditional energy sources.
"Global Biofuel Market Analysis", offers an extensive research study and rational analysis of the international biofuel industry and its various sectors. It offers a deep insight into the local patterns dominating around the world. Analysis and data relating to the market size, growth, regional segmentation, and patterns in technology developments have been completely studied in the report to offer clients an extensive overview of the biofuel market.
In addition, the report contains details about government support that would assist in customers to formulate appropriate techniques for the growth of company in the untapped markets. The report also provides detailed info about the second generation biofuels, which will raise the production capability per acre land, in addition to their social and ecological advantages.
1
Rncos Releases a new Report - Global Biofuel Market Analysis
Kristi Chow edited this page 2025-01-12 09:39:50 +08:00