Global Biofuels Âé¶¹Ô´´ Outlook

Due to the ongoing pandemic, stay-at-home measures are keeping vehicles off the road, cutting the demand for biofuel drastically. But as economies are unchaining and people are starting to settle down in post-pandemic life, they will most likely avoid mass transportation. People who own private vehicles would likely go solo hence the demand for biofuels will be back on track.
In this blog post, we will be covering the impact of COVID-19Ìýon biofuel industry along with other topics mentioned below.
Biofuel Introduction
Biofuel Âé¶¹Ô´´ Drivers and InhibitorsÌý
Top Ethanol Producing Companies
Overall Biofuel Âé¶¹Ô´´ Forecast in USD Billion
Global Ethanol Production in 2014-2025
Impact of COVID-19 on Global Biofuel Âé¶¹Ô´´

1. Biofuel Introduction
A biofuel is a hydrocarbon made from/by living organisms. In general, it is defined as any hydrocarbon fuel produced from organic matter (something living or was once living) in a short period of time. This is in contrast to fossil fuels which take millions of years to form.Ìý
Some examples of biofuels can be listed below –
•ÌýÌý ÌýEthanol – produces half the energy per mass of gasoline, burns cleaner but produces more ozone than gasoline. Engines need to be modified to run on Ethanol.
•ÌýÌý ÌýBiodiesel – Corrosive to engine parts and provides slightly less energy than regular diesel. Burns cleaner as compared to diesel producing fewer sulfur compounds.
•ÌýÌý ÌýMethanol – Produces 33% to 50% of the energy as compared to the same mass of methane.