Remove 2017 Remove Conversion Remove Diesel Remove Stimulus
article thumbnail

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

Global 253
article thumbnail

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. The emergence of advanced conversion pathways and non-food feedstocks could unlock considerable production potential throughout the world. Demand for diesel in ground transportation markets will reach at least 427 BGPY.

Global 225