1 Rncos Releases a new Report - Global Biofuel Market Analysis

Gita Billiot edited this page 2025-01-18 08:34:47 +00:00

RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The global biofuel industry has been witnessing rapid growth over the previous few years in the backdrop of depleting nonrenewable fuel sources and destruction of ecological conditions. Since the second half of the 20th century, amid issues about increasing oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has mainly pertained to mean bioethanol (also described 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 aids and tax rewards which keep the biofuel producing business successful. Even federal governments of numerous nations have actually carried out necessary biofuel mix with the standard fuel to increase its need.

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 development in ethanol and biodiesel production depends upon numerous elements that have actually been thoroughly covered in this report.

Based on our research, the Americas, generally incorporating the US, Brazil, Argentina, and Canada, accounts for maximum share in the international ethanol industry. 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 actually likewise studied growth potential customers of the biofuel market in the developing countries. The Asia-Pacific areas make up a huge capacity in the field of biofuel production, particularly due to cost-efficient availability of feedstock. The countries covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations 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", offers an extensive research study and logical analysis of the global biofuel industry and its different sectors. It supplies a deep insight into the local trends prevailing around the world. Analysis and stats regarding the market size, growth, local division, and patterns in technology advancements have actually been thoroughly studied in the report to offer customers an extensive overview of the biofuel industry. In addition, the report includes information about federal government support that would help with clients to formulate proper methods for the growth of business in the . The report also provides comprehensive details about the second generation biofuels, which will raise the production capacity per acre land, along with their social and environmental advantages.