Based on our brand-new research report "Global Biofuel Market Analysis", the global bio-fuel market will witness a fast development track from 2010 onwards in the background of diminishing fossil fuels and deterioration of environmental conditions. It is forecasted that, the international bio-fuel market will grow at a CAGR of around 18% during 2010-2013. Further, many governments across the globe have actually been executing obligatory bio-fuel blend with the conventional fuel to additional increase up the need for biofuel.

Our study shows that, as the increased use of eco-friendly and alternative fuels can result in substantial reductions in the use of petroleum-based fuels; it will become a preference for the users all over the world. Further, bio-fuel is also expected to indirectly help in minimizing poverty by offering a less expensive and more secure source of fuel in the long-term as it will reduce the proportion of home income spent on pricey energy.

Our extensive research & analysis of the industry indicates that the American area, primarily the US, Brazil, and Canada, have been driving the global ethanol industry accounting for around 90% of the total global ethanol production. On the contrary, the EU will emerge as the leading biodiesel manufacturer in the coming years accounting for over 60% of the overall global biodiesel production.

"Global Biofuel Market Analysis" supplies a comprehensive research and reasonable analysis of the worldwide biofuel industry and its various sectors. It presents a deep insight into the local patterns dominating across the globe. Analysis and statistics concerning the market size, development, local segmentation, and patterns in technology developments have been thoroughly studied in the report to provide customers an extensive introduction of the biofuel market.

Additionally, the report consists of details about the government assistance, biofuel distribution problems, and cost analysis to assist clients create suitable strategies for the expansion of company in untapped markets. The report likewise provides short info about the 2nd generation biofuels, which will raise the production capacity per acre land, in addition to their social and environmental benefits.

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