Biofuel Additives Market Latest Report with Forecast 2017–2025
Biofuels are synthesized from conventional feedstock or lignocellulosic feedstock. Consumption of biofuels has increased across the globe, as they are eco-friendly. However, it carries certain disadvantages such as low oxidation stability, injector deposit & corrosion, and high fuel foaming. Biofuel additives, also known as specialty chemicals, are a special kind of chemicals, which increase the efficiency of biofuels such as ethanol and biodiesel. The biofuel additives market is directly associated with the production of biofuels.
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