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Advanced Biofuels Market to Reflect Impressive Growth Rate by 2027<br>
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©2019 Transparency Market Research, All Rights Reserved Advanced Biofuels Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2019 - 2027 ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Global Advanced Biofuels Market: Overview • Advanced biofuels, also known as second-generation biofuels, can be produced from different types of non-food biomass. • Non-food biomass encompasses waste materials from animals or plants, which are not used for food or feed, which is often used in horticulture of farming, animal farming, food processing or human waste, used especially as a source of fuel. • The first generation biofuels were produced from vegetable oils and sugars found in crops using established processing technologies. Advanced biofuels are made from various raw material and hence, require different technology for extraction. ©2019 Transparency Market Research, All Rights Reserved
©2019 Transparency Market Research, All Rights Reserved Global Advanced Biofuels Market: Key Segments • The global advanced biofuels market can be segmented based on process, type, raw material, and region. In terms of process, the advanced biofuels market can be bifurcated into biochemical and thermochemical. • The biochemically produces petroleum gasoline substitutes of butanol or ethanol by enzymatic hydrolysis. The thermochemically produced petroleum gasoline substitute’s methanol, fischer-tropsch gasoline, and mixed alcohols. • Based on type, the advanced biofuels market can be classified into cellulosic biofuel, biodiesel, biogas, and others. • The cellulosic biofuel is produced from cellulose, which are stringy fibers of plants, grass, wood, algae, etc. The second generation biodiesel uses of bio feedstock, which significantly reduces carbon dioxide emission. •
©2019 Transparency Market Research, All Rights Reserved Global Advanced Biofuels Market: Key Players • Algenol, Bangchak Corporation Public Company Limited • Green Biologics Limited • LanzaTech, Novozymes, DuPont • Sundrop Fuels, Inc. • Fujian Zhongde Energy Co.Ltd. • China Petroleum & Chemical Corporation.
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