Market research Future Bio Fuels Market Share, Size And Growth Rate 2018 | Page 2

Global Bio Fuels Market Research Report- Forecast to 2023
1 Summary
Biofuels can be used in traditional engines with little or no modification. The automobile plays an important
role in displacing fossil fuels and is a cleaner and renewable alternative. Also, the use of biofuels in fuel
mix reduces toxic emissions from transport sector and helps achieve climate change targets. Furthermore,
the biofuel blend has a very positive impact on improving the air quality and reduce particulate emissions.
This in turn will improve health standards and can have positive impacts on the environment. The use of
biofuel blend has been made mandatory in several countries as they also qualify for carbon credits.
Key Players:
The key players of Global Bio Fuels Market are Archer Daniels Midland Company (U.S.), Aceites
Manuelita S.A.( Colombia ), Abengoa Bioenergy, Inc.(Spain), INEOS Group AG (U.K.), Neste
Corporation (Finland), Renewable Energy Group, Inc (U.S.), BlueFire Renewables (U.S.), Cosan S.A.
Indústria E Comércio (Brasil), Infinita Renovables SA (Spain) and BioWanze SA (Belgium).
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