04 Mar 2016 06:03:16
Global Bio Energy Market: Increasing Depletion of Conventional Energy Resources Drives Demand
A new research study by Transparency Market Research (TMR) offers a comprehensive as well as unbiased evaluation of the global market for bio energy. The study is titled “Bio Energy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019.”
The research report provides an analysis of the latest trends, driving forces, and limitations influencing the global bio energy market and highlights the evolution of related technologies.
Complete Report Bio Energy Market with TOC : http://www.transparencymarketresearch.com/bio-energy-market.html
According to the report, the rising oil prices, increasing depletion of conventional resources of energy, and the growing concerns over environmental issues are the prime factors behind the rise of the global bio energy market.
Apart from this, implementation of the Kyoto Protocol, an international treaty aimed at reducing GHG emissions, has also led to the rapid growth of this market in the signatory nations, owing to the eco-friendly attributes of bio energy.
The increasing concerns among people over energy shortage and the environmental impact of carbon emissions are another important factor behind the augmenting demand for bio energy across the world, notes the study.
The research report further states that while the increasing demand for bio energy leads to success of the market for the same, the dearth of technical, economic, as well as knowledge assistance is likely to restrict the market from registering steady growth.
Adding to the challenges faced by the global bio energy market are several environmentalists, who oppose the idea of burning forest biomass to gain bio energy, as it eventually leads to GHG emissions. However, the increasing need for electricity around the world presents the biggest opportunity for players functioning in the worldwide bio energy market, says the study.
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As per the research study, the worldwide bio energy market is analyzed on the basis of product type and its regional distribution. Biogas, biodiesel, and cellulosic and starch-based ethanol are the major products available in the global market for bio energy, which is regionally segmented into Asia Pacific, North America, Europe, and the Rest of the World.
The biogas and biodiesel segments have exhibited great potential in terms of achieving a reduction in carbon dioxide emissions. Over the forecast period, these segments are likely to maintain a healthy growth rate, predicts TMR’s lead analyst.
The report also presents the competitive landscape of the global market for bio energy by evaluating the company profiles of the major players operating in this market. Honeywell UOP, Kior, Solazyme, POET, Gevo, LanzaTech, Novozymes, and Sapphire Energy are some of the key market participants mentioned in this research study.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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