MarketLine Blog

Posts tagged to Biofuel

The America’s Region Continues to Dominate the Biofuels Market

  The global biofuels market grew at a strong rate in 2011. This is evidence that the market is continuing to play an increasingly important role in both helping countries to meet international green energy targets and providing a new source of energy to help dissipate the reliance on traditional fuels. Due to high biofuel production costs, the market is affected strongly by local government subsidies and can become unprofitable when a government reduces or pulls out from a biofuel subsidy program in any given country. The global biofuels industry… Read more