Bioethanol Market
The main drivers of the global Bioethanol Market are rising environmental concerns that motivate companies to manufacture bioethanol, EPA (Environmental Protection Agency) guidelines for blending, and an abundant supply of raw materials. However, it is projected that the high investment costs of cellulosic ethanol and worries regarding the use of food crops for fuel generation will restrain the growth of the bioethanol market. Furthermore, it is projected that the development of second- and third-generation biofuels would create a wide range of potential opportunities for the bioethanol industry.
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