Bio Fuels Market global industry analysis and forecast till 2023

09/gen/2019 12:29:42 Tejas Amale Contatta l'autore

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Market Scenario

The biofuel is a liquid fuel that is extracted from biological materials such as trees, crops, animal matter and agricultural wastes. They are typically produced from carbon sources that can be replenished rapidly. Bio fuels do not emit any toxic materials such as sulfur on combustion and produce very less carbon monoxides. Bio fuels are typically used as substitutes for conventional fossil fuels such as petroleum, coal and natural gas. Biofuels are used extensively around the globe as vehicle fuel source and the industry is rapidly expanding in Asia, Europe and in the North American regions.

Biofuels can be used in traditional engines with little or no modification. The automobile plays an important role in displacing fossil fuels and is a cleaner and renewable alternative. Also, the use of biofuels in fuel mix reduces toxic emissions from transport sector and helps achieve climate change targets. Furthermore, the biofuel blend has a very positive impact on improving the air quality and reduce particulate emissions. This in turn will improve health standards and can have positive impacts on the environment. The use of biofuel blend has been made mandatory in several countries as they also qualify for carbon credits.

The Bio fuels market is expected to grow by a CAGR of 5.7 % during the forecast period.

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Study Objectives of Global Bio Fuels Market

  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global Bio Fuels market
  • To provide insights about factors affecting the market growth
  • To analyze the global bio fuels market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
  • To provide country level analysis of the market with respect to the current market size and future prospective
  • To provide country level analysis of the market for segments by material type, product, application and region
  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Bio Fuels market

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).

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Intended Audience

  • Distributer & Supplier companies
  • End Users
  • Consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities
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