EPA announces 2011 Presidential Green Chemistry Challenge Awards; green chemistry market opportunity projected to be $98.5B by 2020, about 2% of total market
Green Car Congress
JUNE 20, 2011
Separately, a new report by Pike Research forecasts that green chemistry represents a market opportunity that will grow from $2.8 billion pound, $3-billion worldwide market. Genomatica expects Bio-BDO to be competitive at oil prices of $45 per barrel or at natural gas prices of $3.50 billion in 2011 to $98.5 billion by 2020.
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