Bio Fuels Market Analysis by Fuel Type, by Feedstock Type, by Application, y Regions - Global Forecast To 2023

Market Highlights
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

The market has been analyzed based on the fuel type, feedstock type, composition, applications and regions. Biofuels are mainly used in the automobile industry. Their use is preferred for their environment friendliness and increased use in the automobile sector. Ethanol can be produced from various feedstock and fuel suppliers blend ethanol with different fuel proportions, which are used in automobiles as fuels.

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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)
• 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.

Market Research Analysis
Currently, North America is expected to maintain its high market for biofuels market. This is mainly due to the fact that stringent environmental laws are enforced to reduce vehicle emissions and promote the use of biofuels in U.S. and in Brazil. Similarly, Europe remains a very significant market since it comprises of many climate change targets that limit the use of fossil fuel powered cars. The Asia-Pacific region is expected to witness an upward trend in biofuel use because of growing popularity in countries such as China and India. Abundant sunshine, favorable climate and arable land availability makes the Asia, an attractive market for the production and use of biofuels.

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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