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The global biofuel industry has been witnessing rapid growth over the past few years in the backdrop of depleting fossil fuels and degradation of environmental conditions.

The aviation sector is now seeking to curb its carbon footprint by using alternative fuels. Second-generation biofuels, generally non-food raw materials of plant origin are expected to help the industry to combat climate change and ensure the long-term availability of fuel at affordable prices.

The report Global Cellulosic Ethanol Market : Trends and Opportunities (2012-2017), Cellulosic Ethanol Market analyzes the potential opportunities and significant trends in the global second generation biofuel market.

The US specialty fuel additive market will rise at a healthy pace, reaching $1.6 billion by 2016. Advances will be driven by a rebound in petroleum fuel demand as the economic recovery continues to strengthen, and an increase in additive rates due to greater biofuel consumption as mandated by the federal government.