Pune, India, May, 2018 /MRFR Press Release/- The revenue turnover figures look pretty promising and the approximate CAGR for Global Bio Fuels Market will be 5.7%.
At present, the world is perceiving an all-time high demand for bio fuels. This is the primary reason why experts of this market believe that bio fuels market will expand tremendously during the projection period. The revenue turnover figures look pretty promising and the approximate CAGR for this term will be 5.7%.
The global bio fuels market has been seeing a lot of development recently. Its advancement can be chiefly attributed to the augmented stress on obtaining clean, secure and sustainable energy. The demand for this kind of fuel has gone up dramatically, hence, Market Research Future an organization that possesses special expertise in providing market research reports decided to publish a report on this market. The report titled ‘Global Bio Fuels Market’ states that in the forthcoming forecast period of 2018-2023, the market will grow at an astonishing pace.
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Major Key Players
- Archer Daniels Midland Company
- Aceites Manuelita S.A.
- Abengoa Bioenergy, Inc.
- INEOS Group AG
- Neste Corporation
- BlueFire Renewables
The research report distributed by Market Research Future on the topic ‘Bio Fuels Market’ consists of a special section that is concerned with providing a detailed segmental analysis for the market. Here is a glimpse of that part of the report.
By composition – Miscellaneous, starch feedstocks, lingnocellulosic and sugar feedstocks.
By fuel type – Ethanol and bio diesel.
By feedstock type – Ethanol feedstock and bio diesel feedstock.
By application – Power generation and transportation.
The bio fuels market has accomplished the goal of instituting itself on a global level. Over the years it has outreached many major countries and regions of the world. Some of the main areas where its prominence can be observed are Asia Pacific, Middle East & Africa, North America and Rest of the World.
North America and Europe happen to be the leading regions for this particular market. The cause for development in these areas is the nod of approval and efforts taken by the government to promote these products. Apart from that this area also observes a constant flow of monetary funds that help in carrying out research and development activities.
April 16, 2018 – Red Rock Biofuels a major player in this market recently declared that it will be starting the construction process on a new plant in south-central Oregon. This facility is anticipated to annually convert around 136,000 tons of woody bio mass and forest bi-products into 15 million gallons of renewable fuels.
LIST OF TABLES
TABLE 1 GLOBAL BIOFUEL MARKET, BY TYPE
TABLE 2 GLOBAL BIOFUEL MARKET, BY FUEL TYPE
TABLE 3 GLOBAL BIOFUEL MARKET, BY APPLICATION
TABLE 4 GLOBAL BIOFUEL MARKET, BY REGIONS
TABLE 5 NORTH AMERICA BIOFUEL MARKET, BY TYPE
TABLE 6 NORTH AMERICA BIOFUEL MARKET, BY FUEL TYPE
TABLE 7 NORTH AMERICA BIOFUEL MARKET, BY APPLICATION
TABLE 8 U.S. BIOFUEL MARKET, BY TYPE
TABLE 9 U.S. BIOFUEL MARKET, BY FUEL TYPE
TABLE 10 U.S. BIOFUEL MARKET, BY APPLICATION
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