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On the other hand, the total woody biomass (above ground, second generation) was estimated at 18 600 Mt of dry weight [36]. Looking at the quantities of the different biomasses, the high availability of lignocelluloses in Europe makes them the most attractive. The >18 000 Mt of woody resources can make Europe competitive worldwide and support sustainable processes. Particularly, the efficient use of lignocelluloses and residues would improve the long‐term sustainability of the chemical industry, given the volumes and little impact on the food resources, although these feedstocks still rely on forest management constraints. Other waste materials (e.g. food and municipal) are increasing in volumes, given the concomitant increase of world population and improvement of their living conditions. For example, 61 Mt of food waste are produced yearly in the EU alone [37]. However, the major challenges of these products are the variable seasonal composition as well as the implementation of a proper supply chain of these anthropological side streams to biorefineries [38].

      An extensive and systematic review on the composition of various types of biomass shows the significant changes in the composition of these elements depending on the type of biomass [41].

      Overall, lignocelluloses are made of highly oxygenated C5‐ and C6‐derivatives. The oxygen functionalities make lignocelluloses a much different feedstock to petroleum sources that are mainly hydrocarbons. The oxygen functionalities in lignocelluloses are in some cases advantageous because they can minimize oxidation reactions, which usually have a negative environmental impact, and favor reduction reactions, which are typically milder processes and have less environmental impact. Further, the propensity to produce coke/humins and ash obliges the use of mild temperatures for these by‐products' minimization, as opposed to the traditional catalytic cracking/reforming of fossils. In fact, the presence of plenty of oxygen functionalities and low volatility tend to lead to the molecules' decomposition at high temperatures, generating carbonaceous residues.

      Lignocelluloses have variable composition in their singular components depending on the plant origin. Water and inorganic residue contents also vary significantly from grass to wood. Although composition does vary significantly, biomass can source several useful compounds, including carbohydrates, aromatics, terpene, and fatty esters. These different components can be isolated and converted for use in many applications including pharmaceutical, cosmetics/perfumes, plastics, textiles, and specialty chemicals. For this, several different biomass valorization routes can be envisioned with a wide range of obtainable products.

      During the first attempts of biomass valorization, drop‐in energy solutions have been investigated as they could directly substitute the use of fossil resources for transportation vehicles. The most common examples are the use of bioethanol and biodiesel as additives to common automotive fuels. Bioethanol is mostly produced in industry using yeast fermentation of C6‐sugars. With an increase of 25 billion gallons (roughly 75 Mt) worldwide, bioethanol is one of the most mass‐produced bio‐based molecules. However, starchy feedstocks (i.e. first generation) are mostly used in the production of bioethanol, causing direct competition with the food market, widespread deforestation, and concerns on the presence of enough food sources for both humans and animals [42]. Also, bioethanol has limited competitiveness with petroleum options because of low product value and relatively high price, especially when considering food sustainability. To add perspective, the price of oil would have to be above $70–80 per barrel for bioethanol to be competitive from a cost standpoint, while today, oil is at <$40 per barrel [43].

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