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How will the changing biofuels market affect the development of bio‐based chemicals?
Author(s) -
Aylott Matthew,
Higson Adrian
Publication year - 2013
Publication title -
biofuels, bioproducts and biorefining
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.931
H-Index - 83
eISSN - 1932-1031
pISSN - 1932-104X
DOI - 10.1002/bbb.1384
Subject(s) - biofuel , business , market development , natural resource economics , economics , industrial organization , biochemical engineering , microbiology and biotechnology , engineering , market economy , biology
The growth of the global market for biofuels has had a profound impact on the development of bio‐based chemicals. Not only has the growth of biofuels helped to create new markets for bio‐based chemicals, it has also led to new opportunities for co‐development and helped drive down costs by commercializing new technologies. Matthew Aylott and Adrian Higson from NNFCC consider how the market for biofuels is changing and what the implications might be for the future development of bio‐based chemicals.