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Stock impact report

Lignofuels Market To Reach USD 3.7 Billion By 2032 Report By DataHorizzon Research [Yahoo! Finance]

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: Yahoo! Finance
Fort Collins, Colorado, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Lignofuels Market size was valued at USD 1.8 Billion in 2023 and is expected to reach a market size of USD 3.7 Billion by 2032 at a CAGR of 8.4%. Lignofuels derived from lignocellulosic biomass, have emerged as a promising alternative to traditional fossil fuels due to their renewable nature and potential to mitigate greenhouse gas emissions. The rising concerns regarding climate change and the imperative to reduce carbon emissions have spurred significant regulatory interventions worldwide. Rapid advancements in conversion technologies have enhanced the efficiency and viability of lignofuel production processes. Innovations in biochemical and thermochemical conversion routes, such as hydrolysis, fermentation, pyrolysis, and gasification, have significantly improved the yield and quality of lignofuels while reducing production costs. Moreover, ongoing research and development efforts are focused on optimizing process p Show less Read more
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