"The
Report Global Automotive Biofuels Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz
has announced the addition of a new market study to its repository,
titled “Global
Automotive Biofuels Market 2017-2021.”
The study is a comprehensive analysis of the key drivers and
challenges affecting the market. The global trends that are currently
making waves and are expected to remain so are taken into account.
The future opportunities of the market has been analyzed and the
forecast for the coming years has thus, been predicted. The report
segments the global automotive biofuels on the basis of key criteria
and studies each segment and sub-segment. Leading, declining, and
fastest growing segments are pointed out and the reasons behind the
state of all market segments are also given.
According
to the report, the global automotive biofuels market is likely to
expand at a CAGR of 8.37% during the period 2017-2021. The main
reason behind the growth of the market is the trend of producing
biofuel in an attempt to go green. Stringent regulations are keeping
a check on emissions by vehicles are also boosting the adoption of
automotive biofuels. Governments across the globe are making efforts
to minimize greenhouse gas emissions and reduce the effects of global
warming. Efforts made in the direction to reduce dependency on petrol
and support from regulatory bodies are also driving the automotive
biofuels market towards growth.
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Report @
One
of the emerging trends in the global automotive biofuels market is
the research on algae fuel, a third generation biofuel, which is a
low-cost, yet high-energy, renewable feedstock. Another trend
becoming popular is the green production of biofuel. The
commercialization of second generation ethanol is also becoming a
trend, which in the past was limited only to the U.S. With recent
researches it has been found that ethanol could be the key to
addressing flaws related to cultivation of sugarcane for their
consumption in the automotive industry. The use of cellulosic ethanol
can help reduce greenhouse emissions by 86% as compared to gasoline
production.
On
the basis of application, the market may be segmented into passenger
cars and light commercial vehicles. By geography, the market is
segmented into North America, Europe, Asia Pacific, and the Rest of
the World. Of these, North America is leading in the automotive
biofuels market. By type of automotive fuels, the market is segmented
into biodiesel and bioethanol.
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http://www.marketresearchreports.biz/pressrelease/4082
Some
of the key players in the market include INEOS Enterprises, ADM,
Neste, Bangchak Petroleum, Renewable Energy, AJ Oleo Industries,
Aemetis, Algenol, Chemrez Technologies, Copersucar, Gevo, Ekarat
Pattana, GranBio, Pacific Ethanol, North Queensland Bio Energy
Corporation Limited, Patum Vegetable Oil, and Petro. The report
delves into significant details of each of the companies such as
business and financial overview, recent developments, and also the
strategies adopted by them for their growth. Information regarding
their mergers and acquisitions, partnerships, and collaborations has
also been included in the report.
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