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The Alternative Fuels market is a subset of the Renewable Energy sector, focusing on the production and use of fuels that are not derived from fossil fuels. These fuels are typically derived from renewable sources such as biomass, solar, wind, and geothermal energy. Alternative fuels are often used to reduce emissions and improve air quality, as well as to reduce dependence on foreign oil.
Alternative fuels are used in a variety of applications, including transportation, industrial, and residential. In the transportation sector, alternative fuels are used in cars, buses, and trucks, as well as in aircraft and ships. In the industrial sector, alternative fuels are used in power plants, boilers, and other industrial processes. In the residential sector, alternative fuels are used in heating and cooling systems, as well as in cooking and lighting.
Some companies in the Alternative Fuels market include Neste, Renewable Energy Group, and Renewable Energy Corporation. Other companies include Amyris, Gevo, and Solazyme. Show Less Read more