Frost & Sullivan Reports Expansion in Green Feedstocks Market due to Increasing Bio-based Products
- Aug 12, 2011
Amid growing global concerns over depleting fossil resources and rising fuel emissions, the Southeast Asian green feedstock market is picking up steam. Emerging new products based on environment-friendly feedstock are widening the scope for the green feedstock market. Green chemicals are gaining traction worldwide, especially in Europe and North America. Southeast Asia has an abundance of renewable raw material for the production of biodiesel and bioethanol, which are exported to other countries.
"Being rich in agricultural resources, Southeast Asia is a natural destination for many chemical manufacturers," says Frost & Sullivan Industry Analyst Deepan Kannan K. "Though the region is not actively engaged in green chemicals,...
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