Scholarly Research Paper from the year 2006 in the subject Business
economics - General, grade: 1,8, University of Cooperative
Education Mannheim, course: ABWL, 45 entries in the bibliography,
language: English, abstract: Fuel and diesel petrol are derived
from crude oil, and since this is a limited raw material, unevenly
distributed over the world, it will become very important in the
future to find alternatives to petrol; one of them are biofuels.
The present paper was written in order to find out about the
biofuels market in Europe. An overview of different types of
biofuels, including Biodiesel, Bioethanol, Synthetic Fuels as well
as various others was compiled, describing advantages and
disadvantages of each biofuel. Afterwards, Biodiesel is the main
focus of the conducted SWOT analysis. This is due to the fact that
Biodiesel is the major biofuel consumed within the EU, with a
market share of about 80% of all biofuels available. It is found
that Biodiesel does have several Strengths, both product Specific
and Environmental specific, which could help the product become
even more successful. On the other hand, Weaknesses, also product
Specific and Environment specific are shown. Also, Opportunities
and Threats are told about, with both of the topics divided into
Political influences, Environmental factors and Other factors.
Opportunities and Threats are influences coming from the outside,
and they cannot be directly influenced by the producers of
biofuels. Yet, knowing about these factors can be helpful in order
to plan for future actions and gain a better understanding of the
current situation of the product. Finally, a Conclusion shortly
sums up the information gained in course of the study, and
afterwards an Outlook for the future of biofuels is given. An
Overview of the SWOT analysis shows the researched information in a
compressed way in the Appendix.
General
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