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RNCOS has actually just recently a brand-new report "Global Biofuel Market Analysis". The international [biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) market has been witnessing quick growth over the past few years in the backdrop of [depleting fossil](https://www.businessnews.com.au/Company/Mission-NewEnergy) fuels and degradation of environmental conditions. Since the 2nd half of the 20th century, in the middle of concerns about increasing oil prices and greenhouse gas emissions from nonrenewable fuel sources, the term biofuel has actually largely come to suggest bioethanol (likewise described as ethanol) and diesel. Therefore, numerous economies have turned their attention towards biofuels. Many [countries](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) are also supporting the [biofuel market](https://www.bloomberg.com/profile/company/MNELF:US) in the type of aids and tax rewards which keep the [biofuel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) producing companies lucrative. Even governments of various countries have executed obligatory biofuel mix with the [standard fuel](https://www.bloomberg.com/profile/company/MNELF:US) to increase its demand.
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According to our new research report, "Global Biofuel Market Analysis", the global production of ethanol and [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is anticipated to grow at a CAGR of around 8% and 11%, respectively throughout 2011-2014. The [prospective growth](https://www.pinterest.com.au/missionnewenergy/) in ethanol and [biodiesel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) production depends upon [numerous](https://www.bloomberg.com/profile/company/MNELF:US) factors that have been thoroughly [covered](https://www.crunchbase.com/organization/mission-newenergy) in this report.
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Based on our research, the Americas, mainly incorporating the US, Brazil, Argentina, and Canada, represents optimal share in the international ethanol industry. The region accounts for around 90% of the overall worldwide ethanol production. As far as [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) market is concerned, the EU is leading as a [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) [manufacturer](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053).
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We have also [studied growth](https://www.crunchbase.com/organization/mission-newenergy) prospects of the biofuel market in the developing countries. The Asia-Pacific areas make up an enormous capacity in the field of biofuel production, particularly due to economical availability of feedstock. The nations covered under the Asia-Pacific area [consist](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) of Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations have actually shown great interest in raising the production of biofuels in order to use them as alternatives of traditional energy sources.
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"Global Biofuel Market Analysis", provides a substantial research study and rational analysis of the international [biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) market and its various [sectors](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price). It offers a deep insight into the regional patterns dominating throughout the world. Analysis and data concerning the marketplace size, growth, local division, and trends in technology advancements have been thoroughly studied in the report to provide clients a [detailed introduction](https://forest500.org/rankings/companies/mission-newenergy-limited) of the [biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) market. +In addition, the report includes info about government assistance that would help with clients to formulate suitable [strategies](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) for the growth of business in the untapped markets. The report likewise supplies comprehensive information about the 2nd generation biofuels, which will raise the production capability per acre land, together with their social and environmental benefits.
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