Pike Research forecasts global biofuels market to double by 2012 to $185.3B
Green Car Congress
FEBRUARY 17, 2012
billion in 2011 to $185.3 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. billion by 2021.
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