The global lignocellulosic biomass market is valued at US$ 4,273.9 million in 2024 and is anticipated to reach US$ 9,057.5 million by 2034. As per the estimates, the lignocellulosic biomass market size is likely to expand at a CAGR of 7.8%. As the bioeconomy expands and transforms industries, lignocellulosic biomass becomes increasingly important for the sustainable use of resources. The economic potential of this change …
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Lignocellulosic Biomass Market Projected to Reach US$ 9.06 Billion by 2034, Fueled by Sustainable Resource Utilization and Growing Bioeconomy Demand
The global lignocellulosic biomass market is valued at US$ 4,273.9 million in 2024 and is anticipated to reach US$ 9,057.5 million by 2034. As per the estimates, the lignocellulosic biomass market size is likely to expand at a CAGR of 7.8%. Lignocellulosic biomass is essential to the sustainable use of resources as bioeconomy grows, transforming industries in the process. Businesses that strategically integrate …