Biofuels (Biodiesel and Bioethanol) Market – Global Production, Regulations, Export-Import Analysis
Global bioethanol production started in 2003 with 33,514 million liters and grew to 105,608 million liters by 2011 at a CAGR of 15.4%. This was primarily due to government support in the form of subsidies. The blending targets and excise tax credit schemes has encouraged the growth of global bioethanol market National targets in Canada has helped to grow the bioethanol market whereas the blending targets has helped the growth of Chinese bioethanol market. The global production is forecast to...
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