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Advanced Biofuel Market 2019 Analysis by Key Players Abengoa Bioenergy, A2BE Carbon Capture, Algenol Biofuels, Chemtex group, Bankchak Petroleum, Clariant Produkte, Fiberight & more | Industry to Grow at 42% CAGR during 2019-2025
Advanced Biofuel Market 2019
Global advanced biofuel market anticipated to grow at 41.07% CAGR during 2018-2025, according to research study of Decision Market Reports.
Advanced Biofuels commonly known as second generation biofuel is obtained by using organic, municipal, and industrial wastes as feedstock. These low-cost advanced biofuels help to extend the energy mix and decrease the dependency on conventional fuels globally. Advanced biofuels reduce carbon emission and exhibit commercial possibilities, leading to increased demand for their production, in turn driving the growth of advanced biofuels market.
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The advanced biofuel market is expected to be dominated by North America, followed by Europe. This is mainly attributed to increasing R&D activities and supportive government policies. The R&D framework of National Alliance for Advanced Biofuels and Bio-products (NAABB), includes algal biology to increase strain productivity. It has developed an algal transformation pipeline to increase biomass yield and lipid production. However, Asia Pacific is anticipated to witness highest growth due to rapidly growing biofuels or advanced biofuels manufacturing industry and increasing awareness towards usage of advanced biofuels in China and India.
Growing market for renewable energy, increasing investments, and encouraging regulations related to environment fuels the growth of the advanced biofuel market. Owing to the increase of Greenhouse gas (GHG) emissions in the atmosphere has boosted the research interest of the scientists towards the renewable energy. Asia Pacific is expected to amplify demand for advanced biofuel across the automobile end-use industry. Stringent government policies related to the land use change and use of renewable sources has compelled manufacturers and researchers to innovate and develop new technology, which can replace fossil fuel.
This report segments the global advanced biofuel market on the basis of fuel type, raw materials and process type. On the basis of fuel type, the global advanced biofuel market is segmented into cellulosic ethanol, biodiesel, biobutanol, BioDME, and others. On the basis of raw material, the market is segmented into jatropha, camelina, algae, simple lignocellulose, complex cellulose, and others. On basis of process type, the market is segmented into biochemical process and thermochemical process.
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This report provides in-depth analysis of advanced biofuel and provides market size (US$ Million & Kilo Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year.
It elucidates potential revenue and volume opportunities across different segments and explains attractive investment proposition matrix for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global advanced biofuel market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans.
Key companies covered as a part of this study include Abengoa Bioenergy, A2BE Carbon Capture, LLC, Algenol Biofuels, Chemtex group, Bankchak Petroleum, Clariant Produkte (Deutschland) GmbH, Fiberight LLC, DuPont Industrial Biosciences, Fujian Zhongde Energy Co., Ltd, Inbicon, GranBio, INEOS Bio, POET-DSM Advanced Biofuels LLC, KiOR Inc., ZeaChem Inc., and Sundrop Fuels, Inc.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics.
The global advanced biofuel market report caters to various stakeholders in this industry including investors, suppliers, advanced biofuel manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the advanced biofuel market.
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Global Advanced Biofuel Market, By Fuel Type:
• Cellulosic Ethanol
• Biodiesel
• Biobutanol
• BioDME
• Others
Global Advanced Biofuel Market, By Raw Material:
• Jatropha
• Camelina
• Algae
• Simple Lignocellulose
• Complex Lignocellulose
• Others
Global Advanced Biofuel Market, By Process Type:
• Biochemical Process
• Thermochemical Process
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