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

Green Car Congress

FEBRUARY 17, 2012

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. continue to pour into the industry.

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Global Market 2012 Financing 253
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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

OCTOBER 13, 2011

between 2017 and 2021, as a combination of higher oil prices, emerging mandate. obligations, availability of new feedstocks, and the scaling up of advanced technologies. Ultimately, widespread commercialization will depend on whether these ventures can reach price. A more robust growth is expected. dominance and reach 49.5

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Global Market Financing Oil Prices 225
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