Research and Markets: Global Biofuels Market Outlook (2014-2020) - Market Size Analysis, Trends, Competition & Opportunities
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DUBLIN - July 2, 2014 (Investorideas.com renewable energy stocks newswire) Research and Markets has announced the addition of the "Global Biofuels Market Outlook (2014-2020) - Market Size Analysis, Trends, Competition & Opportunities" report to their offering.
The verdict on biofuels is in and the catchphrase seems to be over-promised and under delivered. Biofuels have been in public use in some form or the other for a long time (Remember the Ford Model T that ran on hemp-derived fuel?). However, in reality, innovation in biofuels for widespread use is much more recent. First generation biofuels made out of sugar, starch and edible oils still occupy a major share of the total market.
All the same, the biofuel industry has come a long way. The market for biofuels is expected to reach $99 billion by 2014. The demand for biofuels is on the rise and will continue to grow rapidly through 2020. This rapid expansion is changing the dynamics of the food, agricultural and the energy markets in a big way. The US, Brazil (Ethanol) and EU (Bio Diesel) are currently driving most of the demand for biofuels. Government energy policies have contributed greatly to this rapid rise in demand and have coaxed producers to find ways to increase production.
Key Topics Covered:
Global Biofuel Market Size, Snapshot by Region and Country
Key Companies (Company Overview and Key Information)
Potential Challengers (Company Overview and Key Information)
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