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Global Advanced Biofuels Industry Analysis By Geography
Advanced biofuels are fuels derived from different biomass types, including agricultural, municipal, and other waste. They are also termed as biofuels of the second generation. Advanced biofuels are produced from woody/ lignocellulosic crops with biomass, non-starch sugars, as well as the residues of the agricultural, making it more difficult to extract the fuel needed. Biofuels of the next generation are engineered to overwhelm the constraints of the maximum temperature freezing and the adverse effects on the environment of biofuels of 1st generation including biogas, vegetable oil, bio alcohols among others are capable of supplying vast amounts of fuel sustainably, with greater environmental benefits.
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The Asia Pacific is projected to have the highest CAGR during the forecast period. Stringent government policies related to the land-use change and use of renewable sources have compelled manufacturers and researchers to innovate and develop new technology, which can replace fossil fuel.
Some of the key players profiled in the Advanced Biofuels Market include A2BE Carbon Capture, LLC, Abengoa SA, Algenol Biofuels, Bangchak Corp. Public Co. Ltd., Chemtex Group, Clariant Produkte GmbH, DuPont de Nemours Inc., ENERKEM Inc., Fiberight LLC, Goteborg Energi AB, GranBio Investimentos SA, POET-DSM Advanced Biofuels LLC, Renewable Energy Group Inc., Royal Dutch Shell Plc, and UPM-Kymmene Corp.
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