Global Second Generation Biofuels (Advanced Biofuels) Market
GLOBAL SECOND GENERATION BIOFUELS (ADVANCED BIOFUELS) MARKET Global Second Generation Biofuels Market is Expected to Reach $23.9 Billion by 2020 GLOBAL 2G BIOFUELS MARKET DYNAMICS $23.9 Billion Drivers • Energy independence -500 EGE 500ml 400 • Environmental benefits potential 300 200 Financial assistance for r&d projects Restraints • High initial cost Growing at a CAGR of 49.4% 2013 • 2020 from 2013-2020 • Sequential decision issue of BioDME Opportunities GLOBAL 2G BIOFUELS MARKET, BY FEEDSTOCK • Favourable administrative regulation and policies • Domestic production shortfall of developed countries Simple Lignocellulose • Increasing global bioenergy potential Complex lignocellulose Foreign investment opportunity in the developing countries Syngas/ biomass /MSW Algae GLOBAL 2G BIOFUELS Other feedstock MARKET, BY GEOGRAPHY North America GLOBAL 2G BIOFUELS MARKET, BY FUEL TYPE Europe Asia-Pacific Cellulosic ethanol LAMEA Biodiesel Biobutanol BioDME North America Others is highest revenue generating segment by 2020 Cellulosic ethanol is highest revenue generating segment by 2020 GLOBAL 2G BIOFUELS MARKET TOP IMACTING FACTORS High efficiency to create clean market Increasing Foreign investment in the Economical support for business establishment developing countries Increasing global bioenergy potential Energy Independence High initial capital investment for cellulosic ethanol Favorable administrative regulation and policies Sequential decision issue of Bio DME 2014 2020
Global Second Generation Biofuels (Advanced Biofuels) Market
Designer
Ajit IngleSource
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