RNCOS has just recently launched a new report "Global Biofuel Market Analysis". The global biofuel industry has actually been witnessing rapid growth over the past few years in the background of diminishing fossil fuels and deterioration of environmental conditions. Since the second half of the 20th century, in the middle of issues about increasing oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has mainly pertained to mean bioethanol (also 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 kind of subsidies and tax incentives which keep the biofuel producing business profitable. Even governments of different countries have actually carried out obligatory biofuel mix with the traditional fuel to increase its need.

According to our brand-new research study report, "Global Biofuel Market Analysis", the international production of ethanol and biodiesel is anticipated to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The prospective growth in ethanol and biodiesel production depends upon numerous elements that have been thoroughly covered in this report.

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

We have likewise studied growth potential customers of the biofuel industry in the establishing nations. The Asia-Pacific regions make up a massive capacity in the field of biofuel production, particularly due to affordable schedule of feedstock. The nations covered under the Asia-Pacific region include Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have shown excellent interest in raising the production of biofuels in order to use them as alternatives of standard energy sources.

"Global Biofuel Market Analysis", offers a comprehensive research study and reasonable analysis of the global biofuel industry and its different segments. It supplies a deep insight into the regional patterns dominating around the world. Analysis and statistics relating to the market size, development, regional division, and trends in technology developments have been thoroughly studied in the report to provide clients a thorough summary of the biofuel market.
In addition, the report consists of details about federal government support that would facilitate customers to formulate suitable strategies for the expansion of service in the untapped markets. The report likewise provides detailed details about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental benefits.