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

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Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021.despite Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. Pike Research estimates that. — Biofuels Markets and Technologies.

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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. Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021. The number of off-take agreements with oil and chemical will increase, confirming the trend. A more robust growth is expected.

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