Long-Term Growth in Today’s 53.2 BGY Biofuel Market Will Be Led by Novel Fuels and Novel Feedstocks
by Andrew Soare (Lux Research, Inc.) The 53.2 billion gallon biofuel industry has enjoyed capacity growth of 19.6% annually since 2005, but growth will slow to just 3.2% annually through 2017. Ethanol represents 65.9% of global biofuel capacity in 2013