Aug 17 2010
Increase in the consumption of domestic biofuel in Brazil will be leading to an increase in biodiesel and ethanol production in the coming years, with the ethanol demand expected to grow about 7% during the period 2010-2013. For more than 30 years now, Brazil has led the world in terms of significant increase in the field of biofuel production.
Brazil has been emerging as a global leader in sustainable, sophisticated biofuel investments, along with the associated new technologies. Recently, RNCOS has introduced its research report titled “Global Biofuel Market Analysis”. The report suggests that demand for ethanol will be increasing in Brazil along with rising number of FFVs (flex fuel vehicles) on the roads.
Brazil stands second in the world in terms of ethanol production. The country will be seeing an upsurge in ethanol production with government support, high gasoline taxes and large sugarcane crops. The report reflects on the global biofuel market while covering topics such as biofuel consumption, production, status and trade of feedstock prevalent in Europe, Asia Pacific and the Americas. RNCOS specializes in providing creative solutions and industry intelligence for the contemporary business segments.