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

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Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. commercialization.

Global 253
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Given the scale of development, to date, and the crystallization of interests among a diverse range of stakeholders, widespread biofuels commercialization is no longer a question of “if’’, but “when”. A more robust growth is expected.

Global 225
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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Strong pre-sales of electrics in the US by commercial enterprises.