Second and Third-Generation Biofuels Market to Reach $57,124 Million, by 2022
According to a new report published by Allied Market Research, titled, Second and Third-Generation Biofuels Market by Generation, Biofuel Type, Feedstock, and Application: Global Opportunity Analysis and Industry Forecast, 2014-2022," the second and third-generation biofuels market was valued at $3,574 million in 2015, and is projected to reach at $57,124 million by 2022, growing at a CAGR of 48.9% from 2016 to 2022. Transportation segment accounted for highest share of the total market in 2015.
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