1 Rncos Releases a new Report - Global Biofuel Market Analysis

Stephany Borders edited this page 2025-01-11 18:31:20 +01:00

RNCOS has actually recently launched a brand-new report "Global Biofuel Market Analysis". The worldwide biofuel market has been seeing fast development over the past couple of years in the background of diminishing fossil fuels and destruction of ecological conditions. Since the 2nd half of the 20th century, amidst concerns about increasing oil rates and greenhouse gas emissions from fossil fuels, the term biofuel has mostly come to mean bioethanol (also referred to as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many nations are also supporting the biofuel industry in the form of subsidies and which keep the biofuel producing companies profitable. Even governments of different countries have implemented obligatory biofuel blend with the conventional fuel to increase its demand.

According to our new research report, "Global Biofuel Market Analysis", the worldwide production of ethanol and biodiesel is anticipated to grow at a CAGR of around 8% and 11%, respectively during 2011-2014. The prospective growth in ethanol and biodiesel production depends on numerous factors that have been thoroughly covered in this report.

According to our research, the Americas, mainly incorporating the US, Brazil, Argentina, and Canada, accounts for maximum share in the international ethanol industry. The region represent around 90% of the total worldwide ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel producer.

We have actually likewise studied growth prospects of the biofuel industry in the developing nations. The Asia-Pacific areas make up a massive potential in the field of biofuel production, particularly due to cost-efficient availability of feedstock. The countries covered under the Asia-Pacific region include 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 conventional energy sources.

"Global Biofuel Market Analysis", provides an extensive research and logical analysis of the worldwide biofuel industry and its various segments. It supplies a deep insight into the local trends prevailing around the world. Analysis and statistics concerning the market size, growth, local division, and trends in technology advancements have been completely studied in the report to provide clients an extensive overview of the biofuel market. In addition, the report consists of info about federal government support that would assist in clients to formulate appropriate methods for the expansion of service in the untapped markets. The report likewise supplies in-depth information about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental benefits.