Global Lignocellulosic feedstock-based biofuel market 2020-2024
Technavio has been monitoring the global lignocellulosic feedstock-based biofuel market and it is poised to grow by USD 7.83 bn during 2020-2024, progressing at a CAGR of 32% during the forecast period. Our reports on lignocellulosic feedstock-based biofuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing adoption of bioethanol as a transport fuel. In addition, emergence of integrated waste management system is anticipated to boost the growth of the lignocellulosic feedstock-based biofuel market as well.
Technavio’s lignocellulosic feedstock-based biofuel market is segmented as below:
- North America
- South America
Key Trends for lignocellulosic feedstock-based biofuel market growth
This study identifies emergence of integrated waste management system as the prime reasons driving the lignocellulosic feedstock-based biofuel market growth during the next few years.
Prominent vendors in lignocellulosic feedstock-based biofuel market
We provide a detailed analysis of around 25 vendors operating in the lignocellulosic feedstock-based biofuel market, including some of the vendors such as Abengoa SA, China Petroleum & Chemical Corp., Clariant International Ltd., DuPont de Nemours Inc., Fiberight LLC, Gevo Inc., GranBio Investimentos SA, Iogen Corp, Neste Oyj and New Energy Blue LLC .
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.