1 Rncos Releases a new Report - Global Biofuel Market Analysis

Bernadette Sneed edited this page 2025-01-12 13:38:35 +08:00

RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The global biofuel industry has been experiencing fast growth over the previous few years in the backdrop of diminishing nonrenewable fuel sources and destruction of ecological conditions. Since the 2nd half of the 20th century, amid issues about increasing oil prices and greenhouse gas emissions from fossil fuels, the term biofuel has mainly come to suggest bioethanol (also described as ethanol) and diesel. Therefore, many economies have turned their attention towards biofuels. Many countries are also supporting the in the kind of aids and tax rewards which keep the biofuel producing companies successful. Even governments of various countries have actually executed mandatory biofuel mix with the conventional fuel to increase its demand.

According to our new research 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 during 2011-2014. The prospective growth in ethanol and biodiesel production depends upon several factors that have actually been thoroughly covered in this report.

As per our research, the Americas, primarily incorporating the US, Brazil, Argentina, and Canada, represents maximum share in the international ethanol industry. The area represent around 90% of the overall global ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel producer.

We have actually also studied development potential customers of the biofuel industry in the establishing countries. The Asia-Pacific regions make up a massive capacity in the field of biofuel production, especially due to cost-efficient accessibility of feedstock. The countries covered under the Asia-Pacific area consist of 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 options of standard energy sources.

"Global Biofuel Market Analysis", supplies an extensive research study and rational analysis of the worldwide biofuel industry and its different segments. It provides a deep insight into the local patterns prevailing around the world. Analysis and stats regarding the marketplace size, development, local segmentation, and trends in technology advancements have been completely studied in the report to provide customers a comprehensive introduction of the biofuel industry. In addition, the report includes details about government support that would facilitate customers to formulate proper methods for the expansion of company in the untapped markets. The report also supplies in-depth information about the 2nd generation biofuels, which will raise the production capacity per acre land, along with their social and ecological advantages.