Based on our new research report "Global Biofuel Market Analysis", the worldwide bio-fuel market will witness a quick development track from 2010 onwards in the background of depleting fossil fuels and deterioration of environmental conditions. It is forecasted that, the global bio-fuel market will grow at a CAGR of around 18% throughout 2010-2013. Further, numerous governments around the world have been carrying out obligatory bio-fuel mix with the standard fuel to additional boost up the demand for biofuel.
Our study shows that, as the increased usage of eco-friendly and alternative fuels can lead to considerable decreases in the usage of petroleum-based fuels; it will become a preference for the users around the world. Further, bio-fuel is also expected to indirectly help in lowering hardship by supplying a more affordable and more secure source of fuel in the long-term as it will minimize the percentage of family income invested in high-priced energy.
Our comprehensive research study & analysis of the industry suggests that the American region, mainly the US, Brazil, and Canada, have been driving the international ethanol market accounting for around 90% of the overall global ethanol production. On the contrary, the EU will become the leading biodiesel producer in the coming years accounting for over 60% of the overall worldwide biodiesel production.
"Global Biofuel Market Analysis" offers a substantial research study and logical analysis of the international biofuel market and its various sections. It presents a deep insight into the regional patterns dominating throughout the globe. Analysis and stats concerning the marketplace size, growth, regional segmentation, and patterns in technology advancements have been thoroughly studied in the report to provide clients a comprehensive summary of the biofuel industry.
Additionally, the report consists of information about the government support, biofuel distribution concerns, and expense analysis to help clients create appropriate strategies for the growth of organization in untapped markets. The report also provides quick information about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and ecological benefits.