RNCOS has recently introduced a new report "Global Biofuel Market Analysis". The global biofuel market has actually been witnessing rapid growth over the previous couple of years in the backdrop of depleting fossil fuels and destruction 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 concerned imply bioethanol (likewise referred to as ethanol) and diesel. Therefore, many economies have turned their attention towards biofuels. Many countries are also supporting the biofuel industry in the kind of aids and tax rewards which keep the biofuel producing business lucrative. Even governments of various nations have executed compulsory biofuel mix with the traditional fuel to increase its need.

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 potential development in ethanol and biodiesel production depends on several aspects that have actually been completely covered in this report.

According to our research, the Americas, primarily encompassing the US, Brazil, Argentina, and Canada, represents maximum share in the global ethanol industry. 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 manufacturer.

We have actually also studied development prospects of the biofuel industry in the developing countries. The Asia-Pacific regions make up an enormous capacity in the field of biofuel production, particularly due to cost-effective availability of feedstock. The nations covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations have shown fantastic interest in raising the production of biofuels in order to use them as alternatives of conventional energy sources.

"Global Biofuel Market Analysis", offers an extensive research and reasonable analysis of the international biofuel market and its different sectors. It provides a deep insight into the regional patterns prevailing throughout the globe. Analysis and statistics regarding the market size, development, regional division, and patterns in technology developments have actually been completely studied in the report to provide clients a comprehensive overview of the biofuel market.
In addition, the report includes info about federal government support that would help with customers to develop proper methods for the expansion of service in the untapped markets. The report also provides detailed info about the second generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental benefits.