RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The international biofuel industry has been experiencing rapid development over the past couple of years in the background of diminishing fossil fuels and destruction of environmental conditions. Since the second half of the 20th century, in the middle of concerns about increasing oil costs and greenhouse gas emissions from fossil fuels, the term biofuel has mainly come to suggest bioethanol (likewise referred to as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many countries are likewise supporting the biofuel industry in the type of aids and tax incentives which keep the biofuel producing companies successful. Even governments of different countries have implemented obligatory biofuel blend with the standard fuel to increase its demand.

According to our brand-new research study 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 during 2011-2014. The potential growth in ethanol and biodiesel production depends upon numerous aspects that have actually been completely covered in this report.

As per our research study, the Americas, generally including the US, Brazil, Argentina, and Canada, accounts for maximum share in the worldwide ethanol industry. The area accounts for around 90% of the total international ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel manufacturer.

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

"Global Biofuel Market Analysis", provides an extensive research and reasonable analysis of the worldwide biofuel industry and its different segments. It offers a deep insight into the local trends dominating across the globe. Analysis and data regarding the marketplace size, development, local segmentation, and patterns in innovation developments have actually been thoroughly studied in the report to provide customers a detailed introduction of the biofuel market.
In addition, the report includes details about federal government assistance that would assist in customers to formulate proper methods for the expansion of service in the untapped markets. The report likewise supplies in-depth information about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental advantages.