RNCOS has actually just recently introduced a new report "Global Biofuel Market Analysis". The international biofuel industry has actually been seeing fast development over the past couple of years in the background of depleting nonrenewable fuel sources and deterioration of environmental conditions. Since the 2nd half of the 20th century, in the middle of issues about increasing oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has actually mainly pertained to imply bioethanol (also referred to as ethanol) and diesel. Therefore, lots of economies have actually turned their attention towards biofuels. Many nations are likewise supporting the biofuel market in the type of subsidies and tax incentives which keep the biofuel producing companies rewarding. Even federal governments of numerous countries have actually executed necessary biofuel mix with the conventional fuel to increase its demand.

According to our new research report, "Global Biofuel Market Analysis", the worldwide 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 upon numerous elements that have been completely covered in this report.

According to our research study, the Americas, primarily encompassing the US, Brazil, Argentina, and Canada, represents maximum share in the global ethanol market. The area accounts for 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 also studied growth prospects of the biofuel market in the developing countries. The Asia-Pacific areas constitute a massive potential in the field of biofuel production, particularly 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 nations have shown fantastic interest in raising the production of biofuels in order to use them as alternatives of traditional energy sources.

"Global Biofuel Market Analysis", provides an extensive research and rational analysis of the international biofuel industry and its different sectors. It supplies a deep insight into the local trends prevailing around the world. Analysis and statistics regarding the marketplace size, development, regional division, and patterns in technology advancements have actually been thoroughly studied in the report to offer clients a thorough overview of the biofuel industry.
In addition, the report includes details about government assistance that would facilitate customers to create proper methods for the expansion of business 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 ecological benefits.