The energy and power supplies practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the global biodiesel market to be held on 9th March 2010.
The biodiesel market has emerged as a fast-growing sector in renewable energy due to unpredictable fossil fuel prices, increasing greenhouse gas associated with fossil fuel use, and the need for economic and energy independence. Governments across the globe are encouraging the use of biodiesel; and many countries have initiated blending of conventional diesel with a percentage of biodiesel. A number of governments are also providing easy finances for the establishment of biodiesel facilities. Such initiatives are boosting the growth of the biodiesel market.
The briefing on the global biodiesel market (2009-2014) will benefit biodiesel producers, feedstock suppliers, automotive manufacturers, aerospace companies, and government authorities. “With government biofuel initiatives in place, the biodiesel market is set for high growth for the next several years. The early movers in the industry will benefit in terms of market share, especially is they focus on geographies with high diesel consumption and high petroleum diesel prices” notes MarketsandMarkets. “However, extensive R&D investments are required to develop cost-efficient and high-yield feedstock to make a market impact on a global scale.”
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