Biofuels are a class of fuels whose
energy is derived biologically from carbon fixation. They are derived from
various conversion procedures from solid biomass, liquid fuels and various
gases. Liquid biofuels are produced from various oil-rich crops and are grown
in many regions across the globe. With the growing demand for energy across the
globe, the biofuels market is witnessing large amounts of investments to ensure
a permanent source of clean energy. There has been a tremendous increase in the
demand for biofuels since they are naturally derived and can replace
non-renewable resources.
To
Read The Complete Report with TOC : http://www.marketresearchreports.biz/analysis-details/liquid-biofuels-market-global-industry-analysis-size-share-growth-trends-and-forecast-2013-2019
The global market for biofuels is
experiencing a steady growth over the last few years due to the rise in
population and due to the increased awareness amongst the population. One of
the major factors propelling the growth of biofuels is that they are derived
from biological processes and are eco-friendly in nature. Liquid biofuels can
be manufactured from any oil-rich crop like sunflower, oil palm and soy which
can be grown in all the regions around the world. Liquid biofuels can also be
obtained from fish, oil or poultry products which are the byproducts of the
food industry, which also helps in eliminating waste products.
Geographically, North America has
the largest market share due to the increased awareness amongst the population
and stringent environmental regulatory policies. Europe is also experiencing
steady growth. Developing economies like China, India, and Russia are also
experiencing steady growth and it is expected to increase substantially for the
next six years. Liquid biofuels are not only used in transport, but are also
used in commercial heating processes. They can significantly help in reducing
carbon emissions and can be a key renewable energy source. With new
environmental regulations, stringent government policies, and depleting natural
resources, the demand for biofuels is likely to increase.
Contact
M/s Sheela
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-997-4948
No comments:
Post a Comment