Biofuel Additives Market, Growth, Application, Technology, Opportunities, Developments, Forecast by 2030
The biofuel additives market has been witnessing significant growth in recent years, owing to the increasing demand for biofuels as a cleaner alternative to conventional fuels. Biofuels are derived from renewable sources such as vegetable oils, corn, sugarcane, and soybeans, among others. However, they have certain limitations, such as lower energy content and poor low-temperature properties, which make them less efficient than traditional fuels. Biofuel additives are used to overcome these limitations and improve the performance and efficiency of biofuels. Biofuel additives are chemical compounds that are added to biofuels to improve their properties, performance, and stability. These additives are used to enhance the cetane number, lubricity, cold flow properties, and oxidative stability of biofuels. They are also used to reduce emissions of harmful pollutants such as nitrogen oxides, particulate matter, and carbon thermoplastic composites . Biofuel additives ...