Transparency Market Research Global Biofuels Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019
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Published Date
108 Page Report
25-July-2013 Request Sample
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Global Biofuels Market is Expected to Reach USD 15.90 Billion in 2019: Transparency Market Research Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com sales@transparencymarketresearch.com
Global Biofuels Market
REPORT DESCRIPTION
According to a new market report published by Transparency Market Research "
Global Biofuels Market-
Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019", the market was valued at USD 11.16 billion in 2012, and is expected to reach USD 15.90 billion by 2019, growing at a CAGR of 5.2% from 2013 to 2019. Lack of adequate power infrastructure and increasing demand for reliable electricity delivery are the major driving forces of this market. Browse the full Global Biofuels Market Report: http://www.transparencymarketresearch.com/liquid-biofuels-market.html Biofuels is a class of fuels whose energy is derived biologically from carbon fixation. They are derived from various conversion procedures from solid biomass, liquid fuels and various gases. Liquid produced from various oil-rich crops and are grown in many regions across the globe. With the growing demand for energy across the globe, the biofuels market is witnessing large amounts of investments to ensure a permanent source of clean energy. There has been a tremendous increase in the demand for biofuels since they are naturally derived and can replace non-renewable resources.
The global market for biofuels is experiencing a steady growth over the last few years due to the rise in population and due to the increased awareness amongst the population. One of the major factors propelling the growth of biofuels is that they are derived from biological processes and are eco-friendly in nature. Liquid biofuels can be manufactured from any oil-rich crop like sunflower, oil palm and soy which can be grown in all the regions around the world. Liquid biofuels can also be obtained from fish, oil or poultry products which are the byproducts of the food industry, which also helps in eliminating waste products.
Geographically, North America has the largest market share due to the increased awareness amongst the population and stringent environmental regulatory policies. Europe is also experiencing steady growth. Developing economies like China, India, and Russia are also experiencing steady growth and it is expected to increase substantially for the next six years.
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Global Biofuels Market
Liquid not only used in transport, but are also used in commercial heating processes. They can significantly help in reducing carbon emissions and can be a key renewable energy source. With new environmental regulations, stringent government policies, and depleting natural resources, the demand for biofuels is likely to increase. Analysis and forecasting of global biofuels market is given by fuel type, by form analysis and region mentioned below:
Biofuels Market: By Fuel Type Bioethanol Biodiesel
Biofuels Market: By Form Analysis Solid (fuel pellets, biochar, biocoal) Liquid (bioethanol and biodiesel) Gaseous (biogas, biopropane, syngas)
Browse the full Biofuels Market Report with TOC at http://www.transparencymarketresearch.com/liquidbiofuels-market.html
Biofuels Market: Regional Analysis North America Europe
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Global Biofuels Market
Asia Pacific RoW
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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 forwardlooking 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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