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RNCOS has recently launched a new report "Global Biofuel Market Analysis". The international biofuel industry has actually been seeing fast growth over the past couple of years in the backdrop of depleting nonrenewable fuel sources and destruction of ecological conditions. Since the 2nd half of the 20th century, amid concerns about increasing oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has largely concerned mean bioethanol (also described as ethanol) and diesel. Therefore, lots of economies have turned their attention towards biofuels. Many countries are also supporting the biofuel market in the type of subsidies and tax rewards which keep the biofuel producing companies lucrative. Even federal governments of various countries have implemented mandatory biofuel blend with the standard fuel to increase its need.

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 during 2011-2014. The prospective development in ethanol and biodiesel production depends upon numerous aspects that have been completely covered in this report.

Based on our research, the Americas, generally incorporating the US, Brazil, Argentina, and Canada, accounts for maximum share in the global ethanol industry. The region represent around 90% of the total worldwide ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel manufacturer.

We have actually also studied growth potential customers of the biofuel market in the developing nations. The Asia-Pacific regions make up a huge potential in the field of biofuel production, especially due to cost-effective accessibility of feedstock. The nations covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have shown terrific interest in raising the production of biofuels in order to use them as alternatives of traditional energy sources.

"Global Biofuel Market Analysis", offers a comprehensive research study and logical analysis of the global biofuel market and its different sectors. It offers a deep insight into the local patterns dominating throughout the world. and data concerning the market size, growth, local segmentation, and trends in technology advancements have been completely studied in the report to provide clients an extensive summary of the biofuel market. In addition, the report contains details about government assistance that would assist in clients to develop suitable techniques for the expansion of organization in the untapped markets. The report likewise offers comprehensive information about the 2nd generation biofuels, which will raise the production capability per acre land, along with their social and environmental benefits.