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The Next Generation Biofuel market is a subset of the larger Biofuel market, which is composed of fuels derived from renewable sources such as plants, algae, and other organic materials. These fuels are used as an alternative to traditional fossil fuels, and are typically produced through a process of fermentation or thermochemical conversion. Next Generation Biofuels are a more advanced form of Biofuel, and are typically produced through a process of gasification or pyrolysis. These fuels are often more efficient and have a lower environmental impact than traditional Biofuels.
Next Generation Biofuels are increasingly being used in the transportation sector, as well as in the production of electricity and heat. They are also being used in the production of chemicals and other products. The market for Next Generation Biofuels is expected to grow in the coming years, as governments and businesses look for more sustainable energy sources.
Some companies in the Next Generation Biofuel market include Neste, Renewable Energy Group, and Gevo. Show Less Read more