Driven by aggressive biofuel mandates, rapid growth will cause great strain on biomass by 2030, according to Lux Research. Using today’s technologies, an area the size of Russia would need to be cultiivated to replace all of petroleum use for chemicals and fuels—feedstock innovation will be needed to keep growing biomass’s market share.
For more details on Rapid demand growth of bio-based chemicals to cause strain on feedstocks by 2030 click here
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