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RNCOS has recently launched a brand-new report "Global Biofuel Market Analysis". The global biofuel market has actually been experiencing fast growth over the past few years in the background of diminishing fossil fuels and destruction of environmental conditions. Since the second half of the 20th century, amidst issues about increasing oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has actually mostly pertained to imply bioethanol (also referred to as ethanol) and diesel. Therefore, many economies have actually turned their attention towards biofuels. Many countries are likewise supporting the biofuel market in the form of subsidies and tax incentives which keep the biofuel producing companies rewarding. Even federal governments of different countries have actually implemented compulsory biofuel blend with the conventional fuel to increase its demand.

According to our new research report, "Global Biofuel Market Analysis", the global production of ethanol and biodiesel is anticipated to grow at a CAGR of around 8% and 11%, respectively during 2011-2014. The prospective development in ethanol and biodiesel production depends upon a number of factors that have been thoroughly covered in this report.

As per our research study, the Americas, primarily incorporating the US, Brazil, Argentina, and Canada, accounts for maximum share in the international ethanol industry. The region accounts for around 90% of the total international ethanol production. As far as biodiesel market is concerned, the EU is leading as a biodiesel producer.

We have also studied development prospects of the biofuel market in the developing countries. The Asia-Pacific areas make up a huge potential in the field of biofuel production, especially due to economical availability of feedstock. The nations covered under the Asia-Pacific region include Australia, China, India, Thailand, Indonesia, and Malaysia. All these have actually revealed terrific interest in raising the production of biofuels in order to utilize them as alternatives of standard energy sources.

"Global Biofuel Market Analysis", offers an extensive research and rational analysis of the international biofuel industry and its different sections. It supplies a deep insight into the regional patterns dominating across the globe. Analysis and statistics regarding the market size, growth, regional division, and trends in innovation advancements have been completely studied in the report to supply customers an extensive overview of the biofuel industry. In addition, the report consists of information about government assistance that would facilitate clients to create appropriate strategies for the expansion of business in the untapped markets. The report likewise supplies detailed info about the 2nd generation biofuels, which will raise the production capability per acre land, in addition to their social and environmental advantages.