RNCOS has just recently introduced a new report "Global Biofuel Market Analysis". The global biofuel market has been seeing fast growth over the past couple of years in the backdrop of diminishing nonrenewable fuel sources and deterioration of environmental conditions. Since the 2nd half of the 20th century, in the middle of issues about increasing oil costs and greenhouse gas emissions from fossil fuels, the term biofuel has mainly come to imply bioethanol (likewise referred to as ethanol) and diesel. Therefore, many economies have actually turned their attention towards biofuels. Many nations are also supporting the biofuel market in the type of subsidies and tax rewards which keep the biofuel producing companies successful. Even federal governments of numerous countries have actually carried out compulsory biofuel mix 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 expected to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The potential development in ethanol and biodiesel production depends upon several aspects that have actually been thoroughly covered in this report.

Based on our research, the Americas, primarily encompassing the US, Brazil, Argentina, and Canada, represents optimal share in the global ethanol market. The region represent 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 actually also studied development potential customers of the biofuel market in the establishing countries. The Asia-Pacific areas make up an enormous potential in the field of biofuel production, especially due to cost-effective availability of feedstock. The nations covered under the Asia-Pacific region consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these countries have actually revealed great interest in raising the production of biofuels in order to use them as options of conventional energy sources.

"Global Biofuel Market Analysis", provides a substantial research and rational analysis of the worldwide biofuel industry and its various sectors. It supplies a deep insight into the regional trends prevailing around the world. Analysis and statistics concerning the marketplace size, development, local division, and patterns in technology advancements have been completely studied in the report to offer clients a detailed overview of the biofuel industry.
In addition, the report contains info about government assistance that would facilitate clients to develop suitable methods for the growth of business in the untapped markets. The report likewise supplies detailed details about the second generation biofuels, which will raise the production capacity per acre land, along with their social and ecological advantages.