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Page: Rncos Releases a new Report - Global Biofuel Market Analysis
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1 Rncos Releases a new Report - Global Biofuel Market Analysis
Colette Moultrie edited this page 2025-01-12 06:33:08 +08:00


RNCOS has just recently launched a brand-new report "Global Biofuel Market Analysis". The worldwide biofuel market has actually been seeing fast growth over the previous few years in the backdrop of depleting fossil fuels and deterioration of environmental conditions. Since the second half of the 20th century, amidst issues about increasing oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has mainly come to suggest bioethanol (likewise described as ethanol) and diesel. Therefore, lots of economies have actually turned their attention towards biofuels. Many countries are also supporting the biofuel industry in the kind of aids and tax incentives which keep the biofuel producing companies successful. Even federal governments of various nations have carried out mandatory biofuel mix with the standard fuel to increase its need.

According to our new research report, "Global Biofuel Market Analysis", the global production of ethanol and biodiesel is expected to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The prospective development in ethanol and biodiesel production depends on a number of aspects that have been completely covered in this report.

As per our research, the Americas, mainly including the US, Brazil, Argentina, and Canada, accounts for maximum share in the worldwide ethanol market. The region accounts for around 90% of the overall worldwide 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 areas make up a huge capacity in the field of biofuel production, especially due to cost-effective availability of feedstock. The countries covered under the Asia-Pacific region 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 a comprehensive research study and rational analysis of the worldwide biofuel market and its different sections. It offers a deep insight into the regional trends dominating around the world. and stats relating to the marketplace size, development, regional division, and patterns in technology developments have been completely studied in the report to offer customers a detailed introduction of the biofuel industry. In addition, the report includes information about government assistance that would facilitate clients to create proper methods for the growth of business in the untapped markets. The report also supplies detailed info about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental advantages.