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The Biochemical Conversion market is a subset of the Biofuels industry, which focuses on the production of fuels from renewable sources. This market is driven by the need to reduce dependence on fossil fuels and to reduce greenhouse gas emissions. Biochemical Conversion involves the use of biological processes to convert biomass into fuels, such as ethanol, biodiesel, and biogas. These fuels can be used in place of traditional fossil fuels, providing a more sustainable and environmentally friendly alternative.
The Biochemical Conversion market is highly competitive, with a range of companies offering different technologies and services. Companies in this market include Novozymes, Gevo, Amyris, LanzaTech, and Genomatica. These companies are involved in the development and production of biochemical conversion technologies, as well as the production of biofuels. Show Less Read more
