China's Biofuels Market Size, Shares, Growth, Analysis and Forecast 2015-2019

Albany, NY, Nov 08: The biofuels market in China to grow at a CAGR of 16.2% over the period 2014-2019. The continuous growth in the population has led to increased power consumption in the production and transportation sectors. As a result, there is a rise in the level of pollution and GHG. China accounted for 23% of the global energy consumption in the year 2014 according to BP. Over-dependence on coal and oil for power generation and volatile oil prices have increased the energy insecurity of the nation. Energy insecurity along with the rising pollution levels has forced the Chinese government to focus on changing its energy mix. To combat this issue, the government is investing heavily in the renewable sector.

In 2014, $83 billion was invested in renewable energy, out of which the investments in solar and wind power held the first and second position, followed by biofuels and biomass. China has increased its investments in the renewable energy sector consecutively for the past 10 years to achieve its goal of meeting 15% of its energy needs through renewable energy and increase its biofuels usage for transportation energy needs to 15% by the year 2020.

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=442972

This report covers the present scenario and the growth prospects of the biofuels market in China for 2015-2019. To calculate the market size, the report considers the annual production of biofuels in China, which includes:
- Bioethanol
- Biodiesel and bio jet fuel

Technavios report, Biofuels Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
- Fujian Zhongde
- Henan Tianguan Enterprise Group
- Jiangsu Yueda Kate New Energy
- Longyan Zhuoyue New Energy
- Ningbo Tech-Bank

Other prominent vendors
- Guangzhou Devotion Thermal Technology
- Gushan Environmental Energy
- Jiangsu Hengshunda Bio-Energy
- Jilin Fuel Ethanol
- Shandong Jinjiang Bio-energy Technology
- Tangshan Jin Lihai Biodiesel
- Zhenghe Bio Energy

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=442972

Key questions answered in this report:-
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

Albany NY - 12207
United States
Tel: +1-518-621-2074
Tel: 866-997-4948 (Us-Canada Toll Free)
Email: sales@researchmoz.us
Follow us on LinkedIn at: http://bit.ly/1TBmnVG

This release was published on openPR.