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

Green Car Congress

FEBRUARY 17, 2012

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. Governments are expected to retreat from stimulus investment highs, shifting financing. A doubling of current biofuels production (an estimated 29.4

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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

Demand for diesel in ground transportation markets will reach at least 427 BGPY. —“Biofuels Markets and Technologies” Disproportionate feedstock access and utilization is expected to lead to increased global trade in biofuels, Pike said, with countries like Brazil emerging as leading suppliers for the world market.

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Global Market Financing Oil Prices 225
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