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Advanced Biofuel Market : How can businesses scope with COVID-19?
Advanced Biofuel Market
Advanced biofuels are classified on the basis of raw materials such as jatropha, camelina, algae, simple lignocellulose, complex lignocellulose, and others. Advanced fuel produced from algae raw material accounted for the largest market share due to its oil content. This plant grows on wasteland and can be grown using ocean and wastewater.
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Advanced biofuels are fuels manufactured from various type of biomass, which includes waste from agricultural, urban, and other wastes. It also known as second-generation biofuels. These biofuels are made from woody crops or lignocellulosic biomass, sugars, non-starch, and agricultural residues, which makes it harder to extract the required fuel. The second-generation biofuel is developed to overcome the limitations of high freezing temperatures and negative environmental effect of first-generation fuels (such as vegetable oil, biodiesel, bioalcohols, biogas, and syngas) and they can supply large amount of global fuel sustainably, which is affordable with higher environmental benefits.
Detailed Segmentation:
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
Major Players in the Global Advanced Biofuel Market
Some of the key players in global advanced biofuels market include Abengoa Bioenergy, S.A., A2BE Carbon Capture, LLC, Algenol Biofuels, Chemtex group, Bankchak Petroleum, Clariant Produkte 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.
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