Global Bio Fuels Market is predicted to grow at approximately 5.7% by 2023

Market Highlights
The Growth of the Global Biofuels Market is majorly driven by the cleaner emission of biofuels than traditional fossil fuels. The biofuels market is increasingly used in the transportation sector as blended fuels to power automobiles and reduce the use of gasoline and diesel. The market is further driven by the requirement to meet climate change targets and the obligation to reduce CO2 emissions from transport sector operations. Recent strict legislations on global automotive sector have increased the use of biofuels as vehicle fuels in Europe and North American. However, the growth of this market can be restrained by the rise in price of raw materials and increased use of electric vehicles in the transport sector.

The use of bio fuels is rapidly increasing because of the growing environmental concerns due to the use of fossil fuels and the strict environmental regulations. There is constant research and development in the biofuel market and countries are increasingly looking to commercialize the use of biofuels. Bio fuels are particularly used in the transport sector, where they are mixed with the traditional fuels such as gasoline and diesel as blended fuels. They emit very less toxic pollutants and result in very less particulate matter emissions, which will result in increased health standards. The ethanol market is expected to dominate the biofuels market, owing to its importance in the automobile industry. Increasing population and growing demand for automobiles and its low cost compared to that of traditional fossil fuels, drives the market for ethanol.

Global Bio Fuels Market is predicted to grow at approximately 5.7% by 2023

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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).

Use of Ethanol in the Transportation sector
The automobile and transportation industry is slowly moving over to the use of renewable energy fuels from that of fossil fuels. Increasing stringent laws to curb global vehicle emissions, is driving automobile manufacturers to come up with alternative sources of fuel for automobiles. The biofuel is one such alternative to traditional fossil fuels and they can also be used in conventional gasoline and diesel engines without much modification. There are increased subsidies for using bio ethanol in automobiles and they also help achieve the vehicle climate change targets. Biofuels are also used in power generation and heating applications because of their reduced carbon emission qualities than traditional fossil fuels.

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Table of Content
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

5 Global Biofuel Market, By Application
5.1 Introduction
5.2. Transportation
5.3. Power Generation
5.4 Others

6 Global Biofuel Market, By Feedstock Type
6.1 Introduction
6.2. Bio-Diesel Feedstock
6.3. Ethanol Feedstock
7 Global Biofuel Market, By Composition Type
Continue……….

List of Tables
Table 1 Global Biofuel Market, By Type
Table 2 Global Biofuel Market, By Fuel Type
Table 3 Global Biofuel Market, By Application
Table 4 Global Biofuel Market, By Regions
Table 5 North America Biofuel Market, By Type
Table 6 North America Biofuel Market, By Fuel Type
Table 7 North America Biofuel Market, By Application
Table 8 U.S. Biofuel Market, By Type
Table 9 U.S. Biofuel Market, By Fuel Type
Table 10 U.S. Biofuel Market, By Application
Continue………

List Of Figures
Figure 1 Research Fuel Type
Figure 2 Global Biofuel Market: By Type (%)
Figure 3 Global Biofuel Market: By Fuel Type (%)
Figure 4 Global Biofuel Market: By Application (%)
Figure 5 Global Biofuel Market: By Region
Figure 6 North America Biofuel Market, By Type (%)
Figure 7 North America Biofuel Market, By Fuel Type (%)
Figure 8 North America Biofuel Market, By Application (%)
Figure 9 Europe Biofuel Market, By Type (%)
Figure 10 Europe Biofuel Market, By Fuel Type (%)
Continue…….

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