Press release
Future Second Generation Biofuels Market Swot Analysis & Technological Innovation By Leading Industry Experts Abengoa bioenergy, Algenol Biofuels, POET-DSM, INEOS Bio, GranBio, Inbicon, ZeaChem, Clariant, Fiberight LLC
Over recent years second generation biofuels are increasingly used to meet fuel demands all over the world. They are better alternative than conventional fossil fuels in terms of being more energy efficient and environmentally-friendly. Many factors are conducive for its growth such as appropriate environmental regulations & government policies, funding for R&D by different governments. The government of Europe & North America provide sufficient funding and incentives which have added to the commercialization of the second generation biofuel market.On the basis of the types of biofuel the second generation biofuel market is categorized into BioDME,Cellulosic ethanol, Biodiesel and Biobutanol. Geographically the market is categorised into North America, Europe, Asia Pacific and LAMEA. Based on fuel, market is categorised into simple lignocellulose, Syngas/biomass/MSWAlgae and Complex lignocellulose.
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At present, many second generation biofuels such as Cellulosic ethanol, biodiesel are in the nascent stage of commercialisation, while BioDME and Biobutanol happen to be in the laboratory/pilot production phase. The global second generation biofuels market is slated to grow at 49.4% CAGR amid the period 2014 - 2020 and expected to reach a value of $ 23.9 billion in the year 2020
As per the report various factors contribute to the growth of second generation biofuels market such as the use high yield feedstock and high propensity for reducing GHG emissions to mitigate climate change. With favourable regulations and extensive financial support from the governments of developed nations - North America and Europe, have helped garner a huge market share in the year 2013. However, this picture will go for a complete overhaul by the end of 2020.
Many key players such Abengoa bioenergy, Algenol Biofuels, POET-DSM, INEOS Bio, GranBio, Inbicon, ZeaChem, Clariant, Fiberight LLC and DuPont Industrial Biosciences are showing great interest in setting up of production units. These manufacturing companies are profiled in the report. The study offers a comprehensive analysis of the global second generation biofuels market laying down current & future trends, which help to understand the key drivers of the market, the challenges and the opportunities to be encased by the market. It also offers SWOT analysis of the dominant market players, which give the companies a detailed analysis of the issues related to its commercial and availability of its feedstock so that the business players can decide on the dominant strategies to grow in the market.
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KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global second generation biofuels market with current and future trends to elucidate imminent investment pockets in the market
The analysis helps in understanding strategies adopted by various companies for the growth of the global second generation biofuels market
SWOT analysis of the key market players are provided to illustrate the business strategies adopted by the producers of second generation biofuels
Comprehensive analysis of factors that drive and restrict the growth of the second generation biofuels market is provided. For example, the government subsidies will drive the market; however, high initial capital investment and complexity in production process is expected to hinder the market growth
The current market conditions of global second generation biofuels market across all geographic regions are comprehensively analyzed; issues and potentials related to commercial production and feedstock availability are detailed in the report
The quantitative analysis of the market through 2013 - 2020 is provided to elaborate the market potential
Second Generation Biofuels Market Key Segments:
MARKET BY FUEL TYPE: Cellulosic ethanol , Biodiesel, Biobutanol , BioDME and Others
MARKET BY FEEDSTOCK TYPE: Simple lignocellulose, Syngas/biomass/MSW, Algae, Complex lignocellulose and Others
By Country:
North America: U.S., Canada, Mexico
Europe: UK, Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
LAMEA: Chile, Israel, South Africa, Rest of LAMEA
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Similar Publisher Related report:
Global Second Generation Biofuels (Advanced Biofuels) Market Professional Survey Report 2017
More summary: https://www.bigmarketresearch.com/global-second-generation-biofuels-advanced-biofuels-professional-survey-report-2017-market/?utm_source=RR&utm_medium=SBL
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