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The global demand for biofuel testing services accounted for revenues roughly equating US$ 1.5 billion in 2018. A new Future Market Insights (FMI) study envisages robust growth outlook for the biofuel testing services market, in the light of staggering growth in the biofuel production.
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Biofuel Testing Services Market www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved March 2020 Report Id : REP-AS-9756 Published On : July-2019 Category : Testing
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Biofuel Testing Services Market Analysis BiofuelTesting Services Market : Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 – 2029 • The global demand for biofuel testing services accounted for revenues roughly equating US$ 1.5 billion in 2018. • A new Future Market Insights (FMI) study envisages robust growth outlook for the biofuel testing services market, in the light of staggering growth in the biofuel production. • There has been rapid growth in the production of the biofuels due to increasing prevalence of hazardous emission from fossil fuels. • Biofuelsare renewable alternative to fossil fuels in various sectors. Various countries are adopting standards to increase the penetration of biofuels in various sectors. • Hence, high usage of biofuels supports the growth of the biofuel testing service market. By 2020, EU aims to use a minimum of 10 percent of the transport fuel coming from renewable sources such as biofuels. There is increasing demand for biofuel testing services due to increasing importance of the biofuels over the fossil fuels.
Biofuel Testing Services Market Analysis Request a Sample Report with Table of Contents and Figures @ :https://www.futuremarketinsights.com/reports/sample/rep-gb-9756 Standardization Enabling Better Penetration of Biofuel Testing Services • The ASTM standards for biofuel testing services include D975, D4806, D6751, D5798, and D7467 and the European standards for biofuel testing services include EN14214, EN 15376, NPR-CEN/TS 15293, DIN 51605. • Numerous factors are fuelling the overall growth of the biofuel testing services market. Another key factor driving the growth of the market is the increasing usage of biofuels in the automobile industry in order to reduce impact of harmful gases released from fossil fuels. Preview Analysis Global Biofuel Testing Services Market Segmentation Biofuel Tested Type (Ethanol, Biodiesel, Biogas, Green diesel, Butanol, Others); By Location Type (Off-Site Services, On-Site Services); By End Use (Automotive, Biofuel Companies, Mining, Energy Generation, Refineries, Other): https://www.futuremarketinsights.com/reports/biofuel-testing-services-market
Biofuel Testing Services Market Analysis Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-9756 • Moreover, Europe is estimated to be a prominent region in the global biofuel testing services market due to high production of biogas. • Europe is the leading producer of biomethane as a vehicle fuel. Biogas production has increased in EU in last few years due to renewable energy policies adopted by the country. • The report tracks some of the key companies operating in the market, such as BUREAU VERITAS, Intertek Group plc, Eurofins Scientific, AmSpec, LLC, SGS SA, ALS Limited, Core Laboratories, Biofuel Systems Group Limited, Beta Analytic., AKSHAR ANALYTICAL LABORATORY & RESEARCH CENTRE, SOCOTEC Group, Chem-Tech Laboratories, FOI Laboratories, Private Limited, and Peak Petroleum Testing Services, Inc. BUREAU VERITAS, Intertek Group plc, Eurofins Scientific, and SGS SA, are estimated to capture a prominent share of the Biofuel Testing Services market. These tier 1 companies hold a share of approximately 40% of the Biofuel Testing Services market.
Biofuel Testing Services Market Analysis • Buy Biofuel Testing Services Market Research Report @ https://www.futuremarketinsights.com/checkout/9756 • More from FMI’s Testing Equipment Market Intelligence: • Trace Chemical Detector Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027 • DSL Tester Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027 • Elemental Analyzer Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027
Biofuel Testing Services Market Analysis About Us Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends. Browse More Testing Equipment Market Insights
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