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<br>RNCOS has actually just recently [released](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) a new report "Global [Biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Market Analysis". The global biofuel market has been seeing rapid development over the past couple of years in the [backdrop](https://www.bloomberg.com/profile/company/MNELF:US) of diminishing nonrenewable fuel sources and deterioration of ecological conditions. Since the second half of the 20th century, amidst concerns about increasing oil costs and greenhouse gas emissions from fossil fuels, the term biofuel has largely concerned indicate bioethanol (likewise described as ethanol) and diesel. Therefore, many economies have turned their attention towards biofuels. Many [nations](https://www.bloomberg.com/profile/company/MNELF:US) are likewise [supporting](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the [biofuel industry](https://www.pinterest.com.au/missionnewenergy/) in the kind of aids and [tax incentives](https://forest500.org/rankings/companies/mission-newenergy-limited) which keep the [biofuel producing](https://forest500.org/rankings/companies/mission-newenergy-limited) companies successful. Even [governments](https://www.bloomberg.com/profile/company/MNELF:US) of different nations have [executed compulsory](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) biofuel blend with the traditional fuel to [increase](https://pitchbook.com/profiles/company/51278-86) its demand.<br> |
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<br>According to our new research report, "Global Biofuel Market Analysis", the worldwide production of ethanol and [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is expected to grow at a CAGR of around 8% and 11%, respectively during 2011-2014. The potential growth in ethanol and [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production depends on several factors that have actually been thoroughly covered in this report.<br> |
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<br>Based on our research, the Americas, generally incorporating the US, Brazil, Argentina, and Canada, represents maximum share in the global ethanol industry. The [region represent](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) around 90% of the total [worldwide ethanol](https://www.bloomberg.com/profile/company/MNELF:US) production. As far as biodiesel market is worried, the EU is leading as a biodiesel manufacturer.<br> |
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<br>We have also studied growth prospects of the in the developing countries. The Asia-Pacific areas constitute a huge capacity in the field of [biofuel](https://stocktwits.com/symbol/MNEL) production, especially due to [affordable accessibility](https://pitchbook.com/profiles/company/51278-86) of feedstock. The nations covered under the Asia-Pacific area include Australia, China, India, Thailand, Indonesia, and Malaysia. All these nations have shown terrific interest in raising the production of biofuels in order to use them as alternatives of conventional energy sources.<br> |
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<br>"Global [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Market Analysis", offers a substantial research and [reasonable analysis](https://www.zoominfo.com/c/mission-newenergy/346542889) of the global biofuel market and its various sectors. It offers a deep insight into the regional patterns dominating throughout the world. Analysis and stats relating to the market size, growth, local segmentation, and trends in technology developments have actually been completely studied in the report to provide clients a comprehensive summary of the biofuel market. |
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In addition, the report includes information about federal government support that would facilitate clients to develop appropriate strategies for the expansion of organization in the untapped markets. The report also offers detailed details about the 2nd [generation](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) biofuels, which will raise the production capacity per acre land, together with their social and [ecological advantages](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).<br> |
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