RNCOS has recently introduced a brand-new report "Global Biofuel Market Analysis". The worldwide biofuel market has actually been witnessing fast development over the previous few years in the background of depleting nonrenewable fuel sources and destruction of . Since the 2nd half of the 20th century, amid issues about rising oil rates and greenhouse gas emissions from fossil fuels, the term biofuel has mostly pertained to mean bioethanol (also referred to as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many nations are also supporting the biofuel industry in the kind of subsidies and tax rewards which keep the biofuel producing companies lucrative. Even federal governments of numerous countries 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 expected to grow at a CAGR of around 8% and 11%, respectively during 2011-2014. The potential development in ethanol and biodiesel production depends upon a number of factors that have been thoroughly covered in this report.

Based on our research, the Americas, mainly encompassing the US, Brazil, Argentina, and Canada, represents optimal share in the international ethanol industry. The area accounts for around 90% of the total global ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.

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

"Global Biofuel Market Analysis", offers a substantial research study and rational analysis of the worldwide biofuel industry and its different sectors. It supplies a deep insight into the regional patterns prevailing around the world. Analysis and data relating to the market size, growth, local division, and trends in technology developments have been completely studied in the report to supply customers a comprehensive summary of the biofuel market. In addition, the report contains information about federal government assistance that would help with customers to formulate proper methods for the growth of service in the untapped markets. The report also provides detailed details about the second generation biofuels, which will raise the production capacity per acre land, along with their social and environmental advantages.