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Second- and third-generation biofuels market

Second- and third-generation biofuels market is expected to reach at $57,124 million by 2022. Market is segmented by biofuel type, feedstock, generation

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Second- and third-generation biofuels market

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  1. Second- And Third-generation Biofuels Market To Reach $57,124 Million By 2022, CAGR 48.9 Second- And Third-generation Biofuels - Global Opportunity Analysis And Industry Forecast, 2014 - 2022

  2. Second- And Third-generation Biofuels Market Overview: • Global Second- and Third-generation Biofuels Market generated revenue of $3,574 million in 2015, and is expected to reach at $57,124 million by 2022, registering a CAGR of 48.9% from 2016 to 2022. • Request Sample Report: • Biofuels are produced through contemporary biological processes, such as anaerobic digestion, rather than a fuel produced by geological processes. Second generation biofuels are produced from non-food crops, such as organic waste, wood, biomass crops, and food crop waste. Third generation biofuels are based on improvements in the production of biomass and employs engineered energy crops, such as algae as its feedstock. Algae-based biofuels are expected to be manufactured into a wide range of fuels, such as petrol, diesel, and jet fuel. • The second- & third-generation biofuels market is segmented based on biofuel type, feedstock, generation, and geography. On the basis of generation, it is bifurcated into second- and third generation. Based on feedstock it is segmented into simple lignocellulose, syngas & biomass, complex lignocellulose, algae, and others. According to biofuel type, it is categorized into bioethanol, biodiesel, biobutanol, bio-DME (dimethyl ether), and others. Based on application, it is divided into transportation, power generation, and others.

  3. Top Investment Pocket Transportation segment is anticipated to be the top investment pocket in the global second- and third-generation biofuels market, owing to the blending mandates and rise in adoption of biofuels to reduce greenhouse gas emissions from vehicles in countries globally. Moreover, rise in demand for biofuels from aviation & marine industry and robust growth of the automotive industry are expected to boost the demand for second- and third-generation biofuels in the transportation sector.

  4. Geographic Review: Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2015, North America accounted for the highest share, owing to increase in the utilization of second- and third-generation biofuels and presence of key manufacturers. However, Asia-Pacific is expected to show highest growth rate during the forecast period. In North America, the U.S. accounted for the highest market share in 2015, and is expected to maintain its dominance, where Mexico is expected to grow at high CAGR throughout the forecast period.

  5. Key Players Of Second- And Third-generation Biofuels Market • The key players of the second- and third-generation biofuels market profiled in this report are Algenol Biofuels, Inc., Abengoa S.A., Blue Marble Biomaterials, Sapphire Energy, Inc., Chemrec AB, GranBio, DONG Energy A/S, INEOS Bio, Clariant, and ZeaChem, Inc. • The other players in the value chain (not profiled in the report) include American Process, Inc., Amyris, Inc., Butamax Advanced Biofuels, LLC., Enerkem, EmcoKlimatechnikGmbh & Co. KG, Gevo, Inc., POET, LLC., and Joule Unlimited, Inc.

  6. Key Benefits For Stakeholders • Comprehensive analysis of the drivers and restraints that affect the market growth is provided. • The report provides quantitative analysis of the current trends and future estimations from 2014 to 2022 to assist the stakeholders to identify prevalent market opportunities. • Top investment pockets highlight the opportunities in the most lucrative product segment. • Key players of the market are profiled and their strategies are analyzed to identify the global competitive outlook. • Market trends of major countries in each region are mapped according to the estimated revenue.

  7. Second- And Third-generation Biofuels Market Key Segmentation: By Generation By Biofuel Type By Feedstock By Application Second Generation Third Generation Bioethanol Biodiesel Biobutanol Bio-DME Others (Biogas and Bio Oil) Simple Lignocellulose Syngas & Biomass Complex Lignocellulose Algae Others (Forest Residue and Nonedible Oil) Transportation Power Generation Others (Heating, etc.)

  8. By Geography • North America • U.S. • Canada • Mexico • Europe • Belgium • Germany • France • Italy • Spain • Rest of Europe • Asia-Pacific • China • Thailand • India • Rest of Asia-Pacific • LAMEA • Brazil • Argentina • South Africa • Rest of LAMEA

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