RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The international biofuel market has been witnessing rapid development over the past couple of years in the backdrop of depleting nonrenewable fuel sources and destruction of environmental conditions. Since the 2nd half of the 20th century, amidst issues about increasing oil prices and greenhouse gas emissions from fossil fuels, the term biofuel has mainly pertained to indicate bioethanol (also described as ethanol) and diesel. Therefore, lots of economies have turned their attention towards biofuels. Many countries are also supporting the biofuel market in the form of subsidies and tax incentives which keep the biofuel producing business lucrative. Even federal governments of various nations have actually executed compulsory biofuel blend with the standard fuel to increase its need.
According to our new research study report, "Global Biofuel Market Analysis", the global production of ethanol and biodiesel is anticipated to grow at a CAGR of around 8% and 11%, respectively during 2011-2014. The prospective development in ethanol and biodiesel production depends on numerous aspects that have been thoroughly in this report.
Based on our research study, the Americas, mainly incorporating the US, Brazil, Argentina, and Canada, accounts for maximum share in the global ethanol market. The region represent around 90% of the total international ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel manufacturer.
We have also studied development potential customers of the biofuel market in the developing nations. The Asia-Pacific regions constitute an enormous potential in the field of biofuel production, especially due to economical accessibility of feedstock. The countries covered under the Asia-Pacific region consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have actually revealed great interest in raising the production of biofuels in order to use them as options of standard energy sources.
"Global Biofuel Market Analysis", offers a comprehensive research study and rational analysis of the global biofuel market and its various segments. It provides a deep insight into the regional patterns dominating across the world. Analysis and stats relating to the market size, development, regional segmentation, and trends in technology advancements have been completely studied in the report to provide customers an extensive overview of the biofuel industry.
In addition, the report consists of info about government assistance that would help with clients to develop proper strategies for the expansion of service in the untapped markets. The report likewise offers in-depth info about the 2nd generation biofuels, which will raise the production capacity per acre land, together with their social and environmental advantages.
1
Rncos Releases a Brand-new Report - Global Biofuel Market Analysis
Buck Allsop edited this page 2025-01-12 06:09:35 +01:00