Abstract
Bio Fuels are considered as good alternatives for conventional fossil fuels. By the year 2020, in the GCC region these fuels are able to meet around 0.5 - 1% of total transportation fuel demand. This industry grew at rate of 3.4% over the period of 2015-2020 with a strong projected growth in the Kingdom of Saudi Arabia (KSA). Bio fuels are used to operate automotive for mining and construction industries. Critical barriers in foreign investments pose a major challenge for growth of this sector in the GCC region.
 The presented work discusses situation and growth predictions of Bio-Fuel industry in the GCC region. It also discusses about current growth, trends, opportunities and challenges being faced by major companies operating in the GCC region.
Highlights
Use of biofuels has played a vital role in transformation of global economy towards sustainable and renewable resources [1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23]
The most well-known first-generation biofuel additive is ethanol, that is produced from fermentation of sugar extracted from starch
This paper presents a comprehensive review of production and adoption of biodiesel as an alternative source of fuel for the GCC region
Summary
Use of biofuels has played a vital role in transformation of global economy towards sustainable and renewable resources [1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23]. Liquid biofuels provide bright future scope for the road, shipping and aviationbased industries. These fuels face challenges on fields of technological innovations, supply chain, market and policy making. Various innovations may reduce this by up to a third over coming period. These fuels have a potential to reduce greenhouse gas (GHG) emissions by 60 - 95 % [36]. Diesel and gasoline substitute fuels have highest costs
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