In India, Key Market Insights published a report forecasting the biotechnology market focusing on biochemical, biomaterial, biofuel and bioproducts industries to 2021. The report forecasts that rising consumer demand for green chemicals is helping to increase renewable biochemicals technologies and production, more so than traditional chemicals. Sustainability targets by automotive and consumer goods sectors are also responsible for the forecasted increase in fuel technology. Biofuels led the biotech market in 2015 at 38.16% of the share, but they see other applications in pharmaceuticals, food and feed, paper, energy, and textiles to increase market share in the coming years.
Latest article
Plant-based artificial Christmas trees set to launch this December
In California, artificial Christmas tree maker Balsam Brands will launch a new line of trees for 2025’s holiday season that use needles made of...
Artist Sam Shoemaker takes mushroom kayak on twelve-hour journey
In California, an artist and “mycologist” has crossed 26 miles of ocean in a kayak made of mycelium, the root system of mushrooms.
Sam...
Canadian funeral group becomes first to offer Loop’s mycelium coffins and urns
In Canada, Mount Pleasant Group’s Meadowvale Cemetery, Funeral and Cremation Centres have become the first in Canada to offer the Loop Living Cocoon and...