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. Ultimately, widespread commercialization will depend on whether these ventures can reach price. Number of off-take agreements with oil and chemical will increase, confirming the trend.
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