RNCOS has actually recently launched a new report "Global Biofuel Market Analysis". The global biofuel market has actually been witnessing fast development over the past few years in the background of depleting nonrenewable fuel sources and destruction of ecological conditions. Since the 2nd half of the 20th century, amidst concerns about rising oil prices and greenhouse gas emissions from fossil fuels, the term biofuel has actually mostly come to suggest bioethanol (likewise described as ethanol) and diesel. Therefore, numerous economies have actually turned their attention towards biofuels. Many countries are also supporting the biofuel industry in the form of subsidies and tax rewards which keep the biofuel producing business rewarding. Even governments of different nations have executed mandatory biofuel mix with the traditional fuel to increase its demand.

According to our brand-new research 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 throughout 2011-2014. The potential development in ethanol and biodiesel production depends on a number of elements that have been completely covered in this report.

As per our research, the Americas, mainly including the US, Brazil, Argentina, and Canada, represents optimal share in the worldwide ethanol industry. The area accounts for around 90% of the overall international ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel producer.

We have also studied development potential customers of the biofuel industry in the developing countries. The Asia-Pacific regions constitute an enormous potential in the field of biofuel production, particularly due to cost-efficient schedule of feedstock. The nations covered under the Asia-Pacific region consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have revealed great 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 worldwide biofuel market and its different segments. It provides a deep insight into the regional trends prevailing throughout the world. Analysis and stats concerning the market size, development, regional division, and patterns in innovation developments have been completely studied in the report to supply clients an extensive overview of the biofuel market.
In addition, the report consists of details about government support that would help with customers to formulate appropriate techniques for the growth of organization in the untapped markets. The report likewise supplies in-depth details about the second generation biofuels, which will raise the production capability per acre land, together with their social and ecological benefits.