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The Global Second Generation Biofuels Market is Expected to Reach $23.9 Billion by 2020
M2 - Wed Jun 10, 9:07AM CDT
Research and Markets (http://www.researchandmarkets.com/research/6m7t7g/global_second) 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. 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.In conjunction with benefits delivered by second generation biofuels, financial incentives and supportive regulations in the U.S. and Europe are instrumental in driving the commercial production and adoption of advanced biofuels; Renewable Fuel Standards (RFS) in the U.S. is among one of such initiative. However, complexities associated with the production process, high initial capital investment and availability of land (for plant set-up) in the vicinity of the source of feedstock are the factors impeding the growth of the market. Currently, biodiesel is the highest produced second-generation biofuel; however, cellulosic ethanol would surpass it in the next couple of years. Ease of production of Cellulosic ethanol will be a principal driver that would contribute to the economies of scale. Furthermore, the cellulosic ethanol market is forecast to grow at a CAGR 52.2% during 2014-2020, due to the rapid growth in technologies for mass production. Currently, North America accounts for about 82% of the global market share, as various market players prefer the United States. for operating their pilot plants, chiefly due to supportive regulatory environment. Recently, Procter & Gamble announced a collaboration with DuPont to use cellulosic ethanol, replacing corn based ethanol in its Tide detergent in North America. Companies Mentioned: - 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/6m...bal_second About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
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Global Second Generation Biofuels (Advanced Biofuels) Market (Fuel Types, Feedstock Types and Geography) - Trends, Company Profiles, Segmentation and Forecasts 2013 - 2020
M2 - Fri Jan 09, 6:20AM CST
Research and Markets (http://www.researchandmarkets.com/research/ntj2nh/global_second) 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/nt...bal_second

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