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Biofuels Market

Biofuel is a hydrocarbon that has been derived from agricultural biomass, plant and animal waste or from metabolic by-products. This report provides detailed analysis and forecast of the biofuel market on a global and regional level.

Biofuel is a hydrocarbon that has been derived from agricultural biomass, plant and animal waste or from metabolic by-products. This report provides detailed analysis and forecast of the biofuel market on a global and regional level.

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<strong>Biofuels</strong> <strong>Market</strong><br />

Biofuel is a hydrocarbon that has been derived from agricultural biomass, plant and animal<br />

waste or from metabolic by-products. Biofuel is mainly available in two types such as<br />

bioethenol and biodiesel, which are primarily used in automotive, marine and railway.<br />

Bioethanol is used as a replacement for petrol and biodiesel is used as a replacement for<br />

diesel. Use of biofuel can reduce carbon emission by 80%. Biofuel is basically extracted from<br />

the photosynthesis process and can therefore often be referred to as a source of solar energy.<br />

Browse the full report at http://www.syndicatemarketresearch.com/marketanalysis/biofuels-market.html<br />

Biofuel market has witnessed significant growth in recent years on account of rising<br />

environmental awareness and strong demand from automotive sector. Stringent<br />

government regulations resulted into growing demand for biofuel. This is anticipated to<br />

boost the demand for bioethanol. Biofuel market is classified based on different forms of<br />

sales@Syndicate<strong>Market</strong>Research.com

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