With
the past decade showing various economic activities like government
biofuel incentives, soaring oil prices, green and clean venture
investments, Middle East turmoil, and emerging technologies, the
green sentiment has now become a global concern for all. All such
factors are contributing to the critical launch of the global biofuel
market, once and forever.
Browse
Global Biofuels Market Report with Full TOC at
http://www.transparencymarketresearch.com/liquid-biofuels-market.html
The
dogma of biodiesel industry is to create a balanced energy activity
across multiple verticals in the world. This industry is gaining
increasing attention from petroleum prices and its subsequent
environmental advantages. The energy demand across the globe is
enormous and the biofuel market is witnessing maximum amounts of
investments to ascertain an everlasting source of green and clean
energy in every sector.
Biofuels
Market: Overview
Biofuels
are a class of fuels whose energy is biologically gained from carbon
fixation. Biofuels are resultant of different conversion processes
such as liquid fuels, solid biomass, and various gases. Biofuel or
biodiesel is a derivative of vegetable oil, typically extracted by
squashing oil-seed, whereby, the oil is then strained with ethanol or
methanol by combining fatty acid molecules. It is an element free of
petroleum and can be easily blended with petroleum diesel to produce
a blend of biodiesel at any level. Some countries in the U.S. create
biodiesel from recycling cooking oils or soybean oil.
Biofuels
market is experiencing extensive R&D and economic growth due to
large amount of company investments across various industrial,
commercial, as well as domestic sectors. Also, with growing concern
pertaining to the development of clean, green, and alternative fuel,
the need for biofuel comes into highlight yet again. Since, biofuels
are elements that can replace non-renewable sources there has been
ubiquitous rise in demand for biofuels on many platforms. The
constant demand for biofuels has stirred high growth in the base
market, markedly known as the biomass industry.
Get
Inquiry About Report
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1345
Drivers
for Biofuel Market
Due
to the rise in population and increased awareness amongst all ages of
the population, the global market for biofuels is undergoing a linear
growth over the last few years. One of the major exciting factors is
that biofuels are derived from natural biological procedures and can
be further utilized as an eco-friendly element in nature or any
industry application.
Liquid
forms of biofuels are effective in terms of renewable energy. They
can be produced from any oil-rich crop like plant such as, oil palm,
sunflower, and soy, or can also be obtained from poultry and other
fish products as byproducts of the food industry. These are types of
organic matter that helps in eliminating bio-waste products in a
given application process. Liquid biofuels are used in transport, as
well as in commercial heating processes. They are significant
accelerators that help in minimizing carbon emissions and increase
the importance of renewable energy sources. Biofuel helps in
delivering approximately 50 percent reductions in carbon intensity as
compared to petroleum, and hence, remains the most advanced
forerunner through the forecast. Additionally, certain stringent
government policies, depleting natural resources and new
environmental regulations are likely to increase the market for
biofuels.
Biofuels:
Industry Analysis - By Type & Form Analysis
Considering
the biofuels segmentation with respect to type, the market includes
two main types of biofuels – bioethanol and biodiesel product, in
addition to amylases and industrial lipases which are other forms of
biofuels in the market. Amylase has the capacity to tolerate a wide
range of temperature and pH level. The market for amylases enzymes
includes cellulase and industrial proteases enzymes, wherein, the
industrial proteases sector is growing rapidly at a CAGR of 8.7%. The
amylases sector is estimated to be the fastest growing segment across
the globe, growing at a CAGR of 8.0% for the given forecast 2013 –
2019.
Browse
TMR Blog Energy Reports :
http://www.tmrblog.com/search/label/Energy
Geographically,
North America is the commanding market in the biofuels industry,
followed by growth in Europe and other developing economies like
India, China, and Russia for the next six years.
Biofuel
Market: Global Outlook & Statistics
The
value-driven analysis provided by leading market research reports
states that the global biofuels market was valued at $11.16 billion
in 2012, and is further expected to reach $15.90 billion by 2019 for
forecast 2013 – 2019. The market is growing at a CAGR of 5.2% from
2013 to 2019. According to the studies provided under the Porter’s
Five Force Model, the biofuels market production was worth 24,326.7
million gallons in 2012 and is predicted to reach 50,921.4 million
gallons by 2019, pacing at a CAGR of 9.6% from 2013 to 2019.
Nevertheless,
due to major drivers such as rising demand for reliable electricity
delivery and shortage of adequate power infrastructure, the market is
all set to witness significant emerging opportunities in the near
future.
Browse
Press Release Of Global Biofuels Market
http://www.transparencymarketresearch.com/pressrelease/biofuels-market.htm
About
Us
Transparency
Market Research (TMR) is a market intelligence company, providing
global business information reports and services. Our exclusive blend
of quantitative forecasting and trends analysis provides
forward-looking insight for thousands of decision makers. TMR's
experienced team of Analysts, Researchers, and Consultants, use
proprietary data sources and various tools and techniques to gather
and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.Nachiket
90
State Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-618-1030
USA
- Canada Toll Free: 866-552-3453
No comments:
Post a Comment