The Second Generation Biofuels Market to Grow steadily at a CAGR of +50% during the forecast period.
Second generation biofuels or advanced biofuels are the way forward from the first generation biofuels, which is made from vegetable oils and sugar. The only differentiating factor between first generation biofuels and second generation biofuels is the feedstock. Second generation biofuels are manufactured from various types of biomass. Biomass is mainly derived from plant sources. However, second generation biofuels can also be manufactured from animal derived biomass. First generation biofuels were dependent on food crops and production of adequate bio fuel was a challenge, as it competed with food supply. Moreover, greenhouse emissions of first generation biofuels were nominally less than that of fossil fuels. Dependence on food crops also rendered it a costly alternative to conventional petroleum leading to limited acceptance.
This market research report gives an in-depth idea about the Global Second Generation Biofuels Market. It highlights the recent market scenario, growth in the past few years, and opportunities present for manufacturers in the future. In this research for the completion of both primary and secondary details, various methods and tools are used. Also, investments instigated by organizations, government, non-government bodies, and institutions are projected in details for better understanding about the market.
Companies Profiled in this report includes, Blue Marble Biomaterials LLC, Algenol, Chemrec, DuPont Danisco Cellulosic Ethanol LLC, Fujian Zhongde Energy Co., Ltd, Gevo,Inc., Gushan Environmental Energy Ltd., PetroSun, Inc., Sapphire Energy and Solazyme, Inc.
Second generation biofuels are developed to overcome the limitations associated with traditional biofuels. Production of traditional biofuels faces barriers such as threat to biodiversity and food versus fuel issues. On the other hand, second generation biofuels are produced from a range of non-food crops and waste biomass. Also, second generation biofuel production is more energy efficient than the conventional fossil fuels. Such biofuels minimize greenhouse gas (GHG) emissions by over 90%; thus, are more environment-friendly.
Marketing strategies and marketing channels adopted by key companies are highlighted in the report. Corporations are concentrating on improving direct and indirect advertising strategies and develop various promotion channels, brand strategies, and pricing strategies. This statistical surveying report finds that major corporations functioning in the Global Second Generation Biofuels Market are concentrating on acquiring a few startup companies in the near future.
Moreover, acquisitions and unions from some of the leading administrations are on the cards in the near future. Efforts are being taken by most of the companies to improve their research and development activities to introduce innovations. Governments of many nations are also contributing towards the growth of the global market by increasing their funding. All these factors are predicted to propel the Global Second Generation Biofuels Market.
Table of Contents
Global Second Generation Biofuels Market Research Report Forecast 2021
Chapter 1 Global Second Generation Biofuels Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast
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