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The Conventional Biofuel market is a subset of the larger Biofuel market, which is composed of fuels derived from renewable sources such as plants and animal fats. Conventional Biofuels are typically derived from food crops such as corn, sugarcane, and soybeans, and are used to produce ethanol and biodiesel. These fuels are used in a variety of applications, including transportation, heating, and electricity generation.
Conventional Biofuels are typically blended with petroleum-based fuels, and are used to reduce emissions and improve fuel efficiency. They are also used to reduce dependence on fossil fuels, and to promote energy security.
Some companies in the Conventional Biofuel market include Archer Daniels Midland, Cargill, Valero Energy, and Renewable Energy Group. Show Less Read more