Most of the eco-friendly product manufacturers in the world focus on production of bio-fuels and bio-polymers. For this purpose, food crops are employed in general but the government pressurizes to employ non-food cellulosic materials for this purpose. According to Lux Research, about 2.5 billion tons of cellulosic biomass are available in the modern time which are led by 1.2 billion tons of solid waste at different costs.
Andrew Soare, senior analyst of Lux Research stated that cost and availability are the two leading factors when analysis of feasibility of these biomass options is carried out. Andrew also prepared the report, ‘Quantifying Cost and Availability of Cellulosic Feedstocks for Bio-fuels and Biochemicals.’
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He further says that various business plans in the modern time are still being created with low feedstock costs, despite of cellulosic feed-stocks potential. This is why, most of the business plans face failure and require optional plans. Also, some strategies become unsuccessful due to rising costs don’t meet proven feedstock value. Through evaluation of various cellulosic biomass sources, analysts of Lux Research found out that local availability is the key to success and wood residues can be used widely for production of bio-based materials.
