Posted in | News | Biofuels

Global Second Generation Biofuels Market Expected to Grow to $ 23.9 Billion in 2020

Research and Markets has announced the addition of the "Global Second Generation Biofuels (Advanced Biofuels) Market (Fuel Types, Feedstock Types and Geography) - Size, Global Trends, Company Profiles, Segmentation and Forecast, 2013 - 2020" report to their offering.

The global second generation biofuels market is estimated to grow at a CAGR of 49.4% over 2014 - 2020 and it is expected to be valued at $ 23.9 billion in 2020.

Second generation biofuels yield more energy efficient output than conventional fossil fuels and are environment-friendly as well. Other enabling factors such as favourable environmental regulations & policies, investments/funds provided by the North American and European governments for R&D and commercialization of second generation biofuels, also drive growth of the second generation biofuels market.

Based on biofuel types, the market is segmented into Cellulosic ethanol, Biodiesel, Biobutanol, BioDME and others. Currently, most of the second generation biofuels, such as Cellulosic ethanol, (algae-based) Biodiesel are in the initial stages of commercialization, whilst Biobutanol and BioDME are in the laboratory/pilot production phase. Attributed to usage of high yield feedstock (algae), coupled with high potential for reduction of GHG emissions, it is estimated that Biodiesel will garner the largest market share in terms of production (among the other types of second generation biofuels).

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global 2G Biofuels Market, By Feedstock

Chapter 5 Global 2G Biofuels Market, By Type

Chapter 6 Global 2G Biofuels Market, By Geography

Chapter 7 Company Profiles

  • Abengoa bioenergy
  • Algenol Biofuels
  • Clariant Produkte (Deutschland) GmbH
  • DuPont Industrial Biosciences
  • Fiberight LLC
  • GranBio
  • INEOS Bio
  • Inbicon
  • KiOR Inc.
  • POET-DSM Advanced Biofuels LLC
  • ZeaChem Inc.

For more information visit http://www.researchandmarkets.com/research/r5pmc7/global_second

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.