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RNCOS has recently launched a brand-new report “Global Biofuel Market Analysis”. The worldwide biofuel industry has been seeing rapid growth over the past few years in the background of depleting fossil fuels and degradation of ecological conditions. Since the second half of the 20th century, amid issues about rising oil costs and greenhouse gas emissions from fossil fuels, the term biofuel has actually mainly come to mean bioethanol (also referred to 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 business successful. Even federal governments of numerous nations have carried out obligatory biofuel mix with the standard fuel to increase its need.
According to our brand-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 on several factors that have been completely covered in this report.
Based on our research, the Americas, generally encompassing the US, Brazil, Argentina, and Canada, represents maximum share in the international ethanol market. The region 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 also studied development prospects of the biofuel market in the establishing countries. The Asia-Pacific areas constitute a huge in the field of biofuel production, especially due to cost-efficient accessibility of feedstock. The countries covered under the Asia-Pacific region include Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have revealed terrific interest in raising the production of biofuels in order to use them as options of standard energy sources.
"Global Biofuel Market Analysis”, provides an extensive research study and rational analysis of the international biofuel market and its various sectors. It offers a deep insight into the regional patterns prevailing around the world. Analysis and data concerning the market size, development, regional segmentation, and trends in technology advancements have been completely studied in the report to offer clients a thorough introduction of the biofuel market.
In addition, the report consists of info about government assistance that would assist in clients to develop suitable techniques for the expansion of organization in the untapped markets. The report also supplies in-depth info about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental advantages.
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