World Biorefinery Applications Market

Date: 2016-08

There is an impending need for renewable sources of energy in order to maintain the sustainability of the environment. One such advancement is the emergence of biorefinery application industry. According to International Energy Agency (IEA), Biorefining is the sustainable processing of biomass into a spectrum of marketable products and energy. The product segment includes chemicals, materials, food and feed, while the energy segment includes biofuels, electricity and heat. The society is facing energy crisis due to the rising demands and prices of the fossil resources.

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