Ethanol Production to Grow at 8% CAGR
With the emergence of US as the ethanol production base, the global ethanol production is forecasted to increase at a CAGR of around 8% during 2010-2013, says RNCOS.

Brazil will continue to be ranked as the second largest ethanol producer in the long run and it is expected that its future development for ethanol production will be export-oriented. Hence, the government support and inclination towards the green fuel in the US, Brazil, and the EU will support the increased level of ethanol production through the sustainable demand growth. On the other hand, our study reveals that EU is the leading biodiesel producer. It accounts for around 60% of the total global biodiesel production.
The prospective growth in ethanol and biodiesel production depends on several factors that have been thoroughly discussed in the report. Our research study has analyzed the biofuel industry along with biodiesel and ethanol. It also provides a statistical view on ethanol production, biodiesel production, and cost analysis of biofuel. We have also done a regional level analysis by segmenting the market into Americas, Asia-Pacific, and Europe.
Analysis and statistics regarding the market size, growth, regional segmentation, and trends in technology developments have been thoroughly studied in the report. In addition, it contains information about the government support, and biofuel distribution issues to help clients formulate appropriate strategies for the expansion of business in untapped markets. The study also provides brief information about the second generation biofuels, which will raise the production capacity per acre land, along with their social and environmental benefits.
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About RNCOS:
RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.
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Tag Words:
global biofuel industry
Categories: Business
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91-120-4224-707