RNCOS has just recently introduced a new report "Global Biofuel Market Analysis". The worldwide biofuel industry has been experiencing rapid development over the previous couple of years in the backdrop of depleting fossil fuels and degradation of ecological conditions. Since the second half of the 20th century, amid issues about increasing oil rates and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has mostly come to imply bioethanol (also described as ethanol) and diesel. Therefore, many economies have actually turned their attention towards biofuels. Many nations are also supporting the biofuel market in the form of subsidies and tax incentives which keep the biofuel producing companies lucrative. Even federal governments of different nations have carried out compulsory biofuel blend with the traditional fuel to increase its demand.

According to our 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 during 2011-2014. The prospective growth in ethanol and biodiesel production depends upon several aspects that have been thoroughly covered in this report.

According to our research, the Americas, generally including the US, Brazil, Argentina, and Canada, accounts for maximum share in the worldwide ethanol industry. The area accounts for around 90% of the total international ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.

We have likewise studied development prospects of the biofuel industry in the establishing countries. The Asia-Pacific regions make up a massive potential in the field of biofuel production, especially due to economical availability of feedstock. The nations covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have shown great interest in raising the production of biofuels in order to use them as alternatives of standard energy sources.

"Global Biofuel Market Analysis", supplies a comprehensive research and logical analysis of the international biofuel industry and its various segments. It supplies a deep insight into the regional patterns prevailing across the world. Analysis and stats concerning the marketplace size, development, local division, and patterns in innovation advancements have actually been completely studied in the report to supply clients an extensive overview of the biofuel market.
In addition, the report contains details about government support that would assist in clients to formulate appropriate methods for the growth of company in the untapped markets. The report also provides in-depth information about the second generation biofuels, which will raise the production capacity per acre land, together with their social and environmental advantages.