According to a new report by Allied Market Research titled “Global Second Generation Biofuels -Size, Industry Analysis, Trends, Opportunities, Growth and Forecast, 2013 – 2020”, the global second generation biofuels (Advanced Biofuels) market would reach $23.9 billion by 2020, registering a CAGR (Compound Annual Growth Rate) of 49.4% during 2014 – 2020.
