RNCOS has just recently released a new report “Global Biofuel Market Analysis”. The international biofuel market has been seeing fast growth over the past couple of years in the background of depleting nonrenewable fuel sources and deterioration of environmental conditions. Since the second half of the 20th century, amidst concerns about increasing oil costs and greenhouse gas emissions from fossil fuels, the term biofuel has actually mainly come to mean bioethanol (likewise 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 type of subsidies and tax incentives which keep the biofuel producing companies profitable. Even governments of different nations have actually implemented compulsory biofuel blend with the conventional fuel to increase its demand.

According to our new research study report, “Global Biofuel Market Analysis”, the global production of ethanol and biodiesel is anticipated to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The prospective growth in ethanol and biodiesel production depends upon numerous 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 global ethanol market. The area represent around 90% of the overall global ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.

We have actually likewise studied growth prospects of the market in the developing nations. The Asia-Pacific regions constitute an enormous potential in the field of biofuel production, especially due to affordable availability of feedstock. The countries covered under the Asia-Pacific region include Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations have actually shown terrific interest in raising the production of biofuels in order to utilize them as alternatives of conventional energy sources.

“Global Biofuel Market Analysis”, offers a substantial research study and logical analysis of the international biofuel industry and its various segments. It offers a deep insight into the local trends dominating across the globe. Analysis and data relating to the market size, growth, regional segmentation, and trends in innovation advancements have been thoroughly studied in the report to supply customers a comprehensive summary of the biofuel industry. In addition, the report includes info about federal government assistance that would assist in customers to create proper strategies for the growth of business in the untapped markets. The report also offers comprehensive details about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and ecological advantages.