Global
Biofuels Market
- Global Industry Analysis, Size, Share, Growth and Forecast, 2013 -
2019 ALBANY,
New York, August 7, 2014 – In its latest market research report
published recently, Transparency Market Research, a U.S.-based market
intelligence firm states that the global biofuels market is estimated
to grow at CAGR 9.6% between 2013 and 2019. The report, titled
“Biofuels
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2013 - 2019,” is available for sale on the company’s
website.
Browse
the full Global Biofuels Market Report:
http://www.transparencymarketresearch.com/liquid-biofuels-market.html
This
report discusses the importance of biofuels and the rising global
demand for biofuels in order to ensure clean energy usage. Biofuels
are derived from living organisms when they undergo the natural
process of carbon fixation. The conversion of biomass creates
biofuels. Biomass includes plants or plant based matter, wood,
organic wastes and residual materials which are organic in nature.
Hitherto, the largest source of biomass energy is wood. Biofuels are
available in solid, liquid or gaseous forms. Bioethanol, an alcohol,
is a liquid biofuel which is derived from the fermentation of
carbohydrates produced in corn starch, sweet sorghum and sugarcane.
Brazil and the US are the two significant consumers of bioethanol.
Ethanol, in its purest form is used directly in automobiles for
emission control.
The
world is experiencing surging demand for biofuels, mainly because
these are biodegradable, naturally derived and are good substitutes
for the conventional energy sources. As a result, the volume of
investment is also on the rise because the global biofuels market is
proving to be a lucrative one. The applicability of biofuels is vast
as these can be used in the automotive industry, railways, industrial
oil heating technology and the marine industry. The biofuels market
in the US is driven by these factors. Biofuels are gaining popularity
worldwide mainly because they are the best sources of clean energy.
This
market research report lays emphasis on the use of biofuels since
these are obtained from biological techniques and are environment
friendly. The best aspect about biofuels is that they can be produced
from oil-rich crops like palm, soy and sunflower which can be grown
almost everywhere across the globe. Earlier, the demand for biofuels
was driven by increasing prices of fossil fuels. Also, in order to
exploit the potential of newer feedstocks like rapeseed, corn and
soyabeans, the market forces were not sufficient. At that time,
greater R&D activities were carried out to introduce newer
feedstocks to support higher production of biofuels.
According
to the TMR report, the demand for biofuels will increase in
developing economies like India, China and Russia in the forthcoming
years because biofuels are already gaining popularity in these
countries. Due to stiff environmental regulations and widespread
awareness about biofuels, North America is by far the largest market
for biofuels in the world.
This
report studies the global biofuels market on the basis of its three
basic forms and on the basis of the type of fuels used which are
bioethanol and biodiesel. Besides the value chain analysis, this
report has given a comprehensive overview of the restraints,
opportunities and the drivers prevailing in the global biofuels
market. It has also covered company analyses of some of the popular
players in this market which include DSM, Copersucar S.A., Aemetis
Inc., Green Plains Inc., BlueFire Renewables, Australian Renewable
Fuels Ltd., Raizen Energia Participacoes S.A., Solazyme Inc.,
Aventine
Renewable Energy Holdings, Inc, Renewable Energy Group and Western
Dubuque Biodiesel Llc.
About
Us
Transparency
Market Research is a market intelligence company providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers.
We
are privileged with highly experienced team of Analysts, Researchers
and Consultants, who use proprietary data sources and various tools
and techniques to gather, and analyze information. Our business
offerings represent the latest and the most reliable information
indispensable for businesses to sustain a competitive edge.
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Market Research
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