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RNCOS has just recently introduced a brand-new report "Global Biofuel Market Analysis". The global biofuel market has been seeing fast growth over the previous few years in the backdrop of depleting fossil fuels and deterioration of environmental conditions. Since the 2nd half of the 20th century, amid concerns about increasing oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has largely pertained to imply bioethanol (also referred to as ethanol) and diesel. Therefore, lots of economies have turned their attention towards biofuels. Many countries are also supporting the biofuel industry in the type of subsidies and tax rewards which keep the biofuel producing companies profitable. Even federal governments of different countries have executed necessary biofuel mix with the traditional fuel to increase its demand.

According to our new research study report, "Global Biofuel Market Analysis", the worldwide production of ethanol and biodiesel is expected to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The potential growth in ethanol and biodiesel production depends on a number of factors that have actually been thoroughly covered in this report.

Based on our research study, the Americas, primarily encompassing the US, Brazil, Argentina, and Canada, represents maximum share in the global ethanol market. The area represent around 90% of the overall worldwide ethanol production. As far as biodiesel market is worried, the EU is leading as a biodiesel producer.

We have also studied growth prospects of the biofuel industry in the developing nations. The Asia-Pacific areas make up a massive capacity in the field of production, particularly due to cost-efficient availability of feedstock. The nations covered under the Asia-Pacific area consist of Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations have actually revealed terrific interest in raising the production of biofuels in order to utilize them as options of standard energy sources.

"Global Biofuel Market Analysis", provides a substantial research study and rational analysis of the worldwide biofuel market and its various sections. It provides a deep insight into the regional patterns prevailing around the world. Analysis and stats regarding the marketplace size, growth, regional segmentation, and patterns in innovation developments have been thoroughly studied in the report to provide customers a thorough overview of the biofuel industry. In addition, the report consists of information about government assistance that would help with customers to formulate appropriate methods for the growth of business in the untapped markets. The report also provides detailed information about the 2nd generation biofuels, which will raise the production capacity per acre land, together with their social and environmental advantages.