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Global Lignocellulosic feedstock-based biofuel market 2020-2024
The analyst has been monitoring the global lignocellulosic feedstock-based biofuel market and it is poised to grow by USD 7.83 bn during 2020-2024, progressing at a CAGR of 32% during the forecast period. Our reports on lignocellulosic feedstock-based biofuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing adoption of bioethanol as a transport fuel. In addition, emergence of integrated waste management system is anticipated to boost the growth of the lignocellulosic feedstock-based biofuel market as well.
Market Segmentation
The lignocellulosic feedstock-based biofuel market is segmented as below:
Conversion Process
• Biochemical
• Thermochemical
Geographic segmentation
• APAC
• EMEA
• North America
• South America
Key Trends for lignocellulosic feedstock-based biofuel market growth
This study identifies emergence of integrated waste management system as the prime reasons driving the lignocellulosic feedstock-based biofuel market growth during the next few years.
Prominent vendors in lignocellulosic feedstock-based biofuel market
We provide a detailed analysis of around 25 vendors operating in the lignocellulosic feedstock-based biofuel market, including some of the vendors such as Abengoa SA, China Petroleum & Chemical Corp., Clariant International Ltd., DuPont de Nemours Inc., Fiberight LLC, Gevo Inc., GranBio Investimentos SA, Iogen Corp, Neste Oyj and New Energy Blue LLC .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.