Next-Generation Biofuels Driving the Growth of Global Biofuel Market
(Pangea/World of Bioenergy) Social and environmental benefits of next-generation biofuels, mainly cellulosic ethanol, Algae fuels, Drop in fuels, and biobutanol, are fuelling its rapid growth momentum, says RNCOS.
According to our recent report, “Global Biofuel Market Analysis”, the global biofuel industry has been witnessing rapid growth over the past few years in the backdrop of depleting fossil fuels and degradation of environmental conditions. Many economies have turned their attention towards biofuels. Next-generation biofuels have shown a notable growth in the recent years. These biofuels are inherently more efficient than first-generation biofuels. The report infers potential feedstocks for the next-generation biofuels that include forest residues (sawdust), industry residues (black liqor from the paper industry), agricultural residues (corn stover), municipal waste, and sustainable biomass (jatropha, camelina, and switchgrass). READ MORE