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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

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. Ultimately, widespread commercialization will depend on whether these ventures can reach price. Pike Research estimates that. dominance and reach 49.5

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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. The number of off-take agreements with oil and chemical will increase, confirming the trend.

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