Released on = August 17, 2006, 4:19 am

Press Release Author = RNCOS

Industry = Industrial

Press Release Summary = Biofuel market is growing at an unprecedented rate with
European union featuring as the \'world major'. Germany is the flag bearer of the
region in terms of the Biofuel production.

Press Release Body = The year 2005 saw the emergence of European Union as the
world\'s largest producer of Biodiesel, with an increase of 66% in the output. The
figures for overall production of the 'green fuel' stood at 3.4 Mn tons in the
previous year.

The research report, \"Biofuel Market Worldwide (2006)\" by RNCOS, undertakes an
analysis of the market trends in the Biofuel Industry. It finds out that even among
the European union the market is dominated by the major players. Germany remains the
undisputed leader in terms of the production. In 2005 the sales of Biodiesel
production exceeded even one million tons.

On the basis of the cost analysis of Biofuel and the market trends in the Biofuel
Industry, the demand for these fuels are likely to increase at a steady rate of more
than 34% for the period from 2006-2010. As Biofuel is becoming highly efficient,
production is expected to step up to 12 Mn tons by the end of 2010.

This report is the illustration of the market trends in the Biofuel industry that
caters to the following questions:

. What are the major market trends in the Biofuel Industry?
. What are the inferences related to cost analysis of Biofuel?
. What are the regional variations in Ethanol and Biodiesel Production?
. What are the future prospects in the World Ethanol and Biodiesel Production?
. What are the opportunities in the Biofuel Market Worldwide?
. What are the factors that drive the Biofuel market Worldwide?
. What are the various government support programs and Major Biofuel projects?

The report \"Biofuel Market Worldwide (2006)\" provides an updated and detailed
overview of the Biofuel market worldwide. This report is very much helpful for
understanding the market dynamics of the Biofuel market.

About RNCOS:

RNCOS, incorporated in 2002, provides Market Research Reports for your business
needs and aims to put an end to your information pursuit. Our expertise in gathering
global business information for industry research, corporate training, growth
consulting, and business consulting, brings reputed companies and firms to us for
business enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis


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