Global Biofuel Market Continue to be Dominated by United States and Brazil Together, Finds New Market Research Report
(EIN Presswire/Market Research Reports Inc.) The global Biofuel market is one which is expected to grow in the future due to the huge amount of demand placed on renewable energy. The amount of usable conventional sources of energy are decreasing and mandates are being issued by government to reduce production of non-renewable energy due to large amount of pollution caused.
The objective of this research study is to understand the current Biofuel market across the world and to estimate the growth rate for the next 5 years. The report covers the detailed analysis of 10 companies- their value chain, financial performance, and forecast, Business strategy, SWOT analysis which are involved in cultivation and production of Biofuels and having presence across different regions of the world. The details of the company and certifications are also mentioned in this report.
The global Biofuel market is expected to grow at a CAGR of 5.57% by the year 2021. The end users of Biofuel are automobile users and fuel driven machine users. Ethanol, Biodiesel, BioDME, Biobutanol and Bio derived Jet fuels are the major Biofuels produced in that order globally. Increasing demand for cleaner sources of energy, Lower emission levels in consumption, short production cycle required for renewable resources, Global awareness about environment protection, Government mandates and Diversification and reduction in dependency of exports are the key factors which will drive the growth of this industry.
This report concludes by analyzing the industry through PESTLE, porters 5 forces and SWOT, discusses the challenges faced by the new players entering the industry and present and future trends observed. Strategic recommendations are also discussed separately and in detail for policy maker, end users, service providers and investors in the report.
What this report covers:
Biofuel Industry Forecast by Product Type:
• Ethanol
• Biodiesel
• BioDME
• Biobutanol
• Bio derived Jet fuels
Biofuel Industry Forecast by Applications
• Transportation and Aviation
• Others
Bio Fuel market forecast by Geography:
• North America
• Latin and South America
• Europe
• Asia Pacific
• Rest of the world
Companies Covered in this report:
• Archer Daniels Midland (ADM)
• Green Plains Inc. (US)
• Valero Energy Corporation (US)
• Cosan (Brazil)
• Pacific Ethanol (US)
• Neste (Finland)
• Renewable Energy Group Inc. (US)
• Amyris (US)
• Future Fuel Corp (US)
• Gevo Inc. (US) READ MORE
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