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Lignocellulosic Feedstock-based Biofuel Market Trends

  • Report ID: 2935
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Lignocellulosic Feedstock-based Biofuel Market Trends

Growth Drivers

  • Rising Consumption of Bioethanol as a Transport Fuel
  • Increasing Awareness & Innovation in Waste Management System

Challenges

  • Adverse environmental impact of biofuel production.

Lignocellulosic Feedstock-based Biofuel Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia


  • Report ID: 2935
  • Published Date: Sep 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing Adoption of Bioethanol as a Transport Fuel and Innovation in Waste Management System are the key factors driving market growth.

The market is anticipated to attain a robust CAGR over the forecast period, i.e., 2021-2029.

Adverse environmental impact of biofuel production and lack of awareness about waste management in lower economic regions are estimated to hamper the market growth.

The market in the Asia Pacific region will provide ample growth opportunities owing to the growing adoption of bioethanol as a transport fuel.

The major players dominating the lignocellulosic feedstock-based biofuel market are Abengoa SA, China Petroleum & Chemical Corp., Clariant International Ltd., DuPont de Nemours Inc., Inc., among others.
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