Press release
Bio Fuels Market Is Expected to Grow at a CAGR of 5.7% by 2023 | Top Leading International Manufactures: Archer Daniels Midland Company, Renewable Energy Group, Inc , BlueFire Renewables
Market Overview:-The biofuel is a liquid fuel that is extracted from biological materials such as trees, crops, animal matter and agricultural wastes. They are typically produced from carbon sources that can be replenished rapidly. Bio fuels do not emit any toxic materials such as sulfur on combustion and produce very less carbon monoxides. Bio fuels are typically used as substitutes for conventional fossil fuels such as petroleum, coal and natural gas. Biofuels are used extensively around the globe as vehicle fuel source and the industry is rapidly expanding in Asia, Europe and in the North American regions.
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Major Key Players:-
The key players of Global Bio Fuels Market are Archer Daniels Midland Company (U.S.), Aceites Manuelita S.A.( Colombia ), Abengoa Bioenergy, Inc.(Spain), INEOS Group AG (U.K.), Neste Corporation (Finland), Renewable Energy Group, Inc (U.S.), BlueFire Renewables (U.S.), Cosan S.A. Indústria E Comércio (Brasil), Infinita Renovables SA (Spain) and BioWanze SA (Belgium).
Table of Contents:-
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Biofuel Market, By Fuel Type
4.1. Introduction
4.2. Bio-Diesel
4.3. Ethanol
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Regional Analysis:-
Global Bio Fuels Market:-
The bio fuel market is gaining importance because of the swift economic development around the world and strict environmental regulations that enable the use of biofuels. In recent years, the bio fuels market has seen rapid development in cellulosic and algae bio fuel technology. These technologies majorly involve the use of feedstock such as grass, corn stover, and algae for the bio ethanol and bio diesel production.
The market is predominantly driven by the use of biofuels in the transportation and aviation sectors. Because of this, the major automobile and aviation manufacturers are coming up with biofuel compatible engines and power trains. The market is driven by the favourable regulations and policies in the North American and the European regions. Constant investment in research and development of bio fuels and increased focus to commercialise biofuels in these regions is driving this trend. The Asia-Pacific region is expected to see major growth because of countries such as China and India, which are growing as prime consumers of biofuels especially ethanol.
Intended Audience
• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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