Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Cellulosic Ethanol Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.
The global cellulosic ethanol market is mainly driven by rising demand for biofuels because of their eco-friendly characteristics, and their several benefits to the environment as well as human beings. This global market for cellulosic ethanol is driven by several innovations that support the farmer population and job creation. At present, the global cellulosic ethanol market is characterized by decreasing costs of enzymes, rise in government blending rate targets, and greater number of deals in the market pertaining to cellulosic ethanol.
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The growth and success of the biofuels industry to a marked extent depends on the performance of the global cellulosic ethanol market. Furthermore, as per industry estimates it can be said that in the forthcoming years the demand for cellulosic ethanol will rise and the demand for biomass will also rise due to consistent research and development activities taking place in the field of cellulosic ethanol. This will enhance the profitability of the global biofuels market as well.
The Production of Cellulosic Ethanol
Cellulosic ethanol, a biofuel, is mainly manufactured from the inedible portions of grasses, wood, and plants. The structural material, Lignocellulose consists of plants mass like lignin, hemicelluloses, and cellulose. Ethanol is derived from cellulosic materials like the byproducts of tree maintenance, chips of wood, and panicum virgatum. The main advantage of producing ethanol from lignocellulose is that of abundant raw materials that do not include corn, and cane sugars. The problem with using corn and cane sugars is that these have to undergo complex processing in order to provide sugar monomers to the microorganisms that manufacture ethanol.
The prominent raw materials being observed and examined presently are Miscanthus, and Switchgrass because these exhibit high productive capacity per acre. The processes of fermentation, and gasification are used for producing ethanol. The process of gasification converts the raw material of lignocellulose into the gaseous form of carbon monoxide, and hydrogen. Cellulolysis is the other process which entails hydrolysis on pretreated lignocellulosic raw materials with the aid of enzymes in order to break the complex cellulose into sugars that involves glucose. This is then followed by the processes of fermentation and distillation.
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Global Cellulosic Ethanol Market - Driven by Commercialization
The cellulosic ethanol commercialization refers to the process wherein industries are engaged in converting organic matter containing cellulose into fuel. POET, and Abengoa are some of the prominent companies that are aiming at setting up refineries that not only process biomass but also manufacture ethanol. In the years to come, enzyme manufacturing companies like Diversa, Novonzymes, Dyadic, and DuPont may aid in manufacturing cellulosic ethanol. Cellulosic ethanol is a very important source of sustainable energy.
Feed stocks like corn cobs, and woody biomass are some of the other raw materials that are expected to reduce the carbon dioxide emissions as against many other fuels that are petroleum based. The global cellulosic ethanol market is witnessing greater commercialization which as a result is expected to give a major boost to the global economy. This growth of the cellulosic ethanol market will also make optimum use of the untapped global supply and reserves of biomass.
Global Cellulosic Ethanol Market – Key Participants
At the global level, the prominent promoter of cellulosic ethanol is the US Federal Government that lays emphasis on substituting other petroleum based fuels with cellulosic ethanol. Many programs sponsored and initiated by the US government basically aim at research activities that involve the development of ethanol fermenting organisms and cellulose hydrolysis enzymes. Idaho National Laboratory, Oak Ridge National Laboratory, and National Renewable Energy Laboratory are some of the key institutes carrying out research and development activities in the global cellulosic ethanol market.
Some of the key industry players operating in the global cellulosic ethanol market are Blue Fire Renewables, British Petroleum, INEOS, Novozymes, and DuPont.
Download PDF: Global Cellulosic Ethanol Market - Significance, Production, and Global Outlook, 2013 - 2019
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