Report: The Market for Liquid Biofuels Outside North America
10.01.2017 11:08:17
Report: The Market for Liquid Biofuels Outside North America
Published - Jan 2016| Analyst - Tiago Faria| Code - EGY064C
The market for liquid biofuels outside of North America totaled $48.8 billion in 2014 and $41.7 billion in 2015. This market is expected to reach $89.6 billion by 2020, with a compound annual growth rate (CAGR) of 16.5%.
The first generation biofuels segment of this market should reach $46.3 billion in 2015 and $39.3 billion in 2020, with a CAGR of 16.6% through the forecast period.
The other fuels market is projected to increase from $2.4 billion in 2015 to $5.0 billion in 2020, with a CAGR of 16.2%.
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