RNCOS has recently launched a new report “Global Biofuel Market Analysis”. The global biofuel market has been seeing rapid growth over the previous few years in the background of depleting nonrenewable fuel sources and destruction of ecological conditions. Since the second half of the 20th century, amidst concerns about increasing oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has actually mainly come to mean bioethanol (likewise described as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many countries are likewise supporting the biofuel market in the form of aids and tax incentives which keep the biofuel producing companies profitable. Even federal governments of numerous countries have actually implemented compulsory biofuel blend with the traditional fuel to increase its demand.

According to our brand-new research report, “Global Biofuel Market Analysis”, the worldwide production of ethanol and biodiesel is expected to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The prospective growth in ethanol and biodiesel production depends upon a number of factors that have actually been thoroughly covered in this report.

Based on our research study, the Americas, generally including the US, Brazil, Argentina, and Canada, accounts for optimal share in the international ethanol market. The area represent around 90% of the total international ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.

We have likewise studied growth prospects of the biofuel industry in the establishing nations. The Asia-Pacific areas constitute an enormous capacity in the field of production, especially due to cost-efficient availability of feedstock. The nations covered under the Asia-Pacific region consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have actually revealed fantastic interest in raising the production of biofuels in order to utilize them as alternatives of traditional energy sources.

“Global Biofuel Market Analysis”, offers an extensive research study and rational analysis of the worldwide biofuel industry and its different sectors. It offers a deep insight into the regional patterns prevailing around the world. Analysis and statistics regarding the market size, growth, regional segmentation, and patterns in innovation developments have been thoroughly studied in the report to provide customers an extensive overview of the biofuel industry. In addition, the report consists of details about government assistance that would assist in clients to formulate appropriate strategies for the growth of business in the untapped markets. The report also supplies comprehensive information about the 2nd generation biofuels, which will raise the production capacity per acre land, together with their social and ecological benefits.