August 23, 2018 - 10:17 AM EDT
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US Demand for Motor Vehicle Biofuels to Increase Less Than 1.0% Annually to 2022

Gains in Biodiesel and Other Fuels Segments Will Support Modest Demand Increases

CLEVELAND, Aug. 23, 2018 /PRNewswire/ -- US demand for motor vehicle biofuels is forecast to rise less than 1.0% yearly through 2022, according to Motor Vehicle Biofuels: United States, a report recently released by Freedonia Focus Reports. Advances will primarily stem from growth in the biodiesel and other fuels segments, spurred by tax credits and higher government-mandated blend targets for advanced fuels in the domestic fuel supply.

Freedonia Group logo (PRNewsFoto/The Freedonia Group)

More information about the report is available at:
https://www.freedoniafocusreports.com/Motor-Vehicle-Biofuels-United-States-FF45035/

Demand for fuel ethanol, the largest segment, is projected to see marginal annual declines through 2022. Losses will stem from ethanol having reached a blendwall, about 10% of ethanol-mixed gasoline, coupled with declining gasoline consumption.

These and other key insights are featured in Motor Vehicle Biofuels: United States. This report forecasts to 2022 US motor vehicle biofuels demand and production in gallons. Total demand and production are segmented by type in terms of:

  • fuel ethanol
  • biodiesel
  • other biofuels, such as renewable diesel

To illustrate historical trends, total demand, production, and the various segments are provided in annual series from 2007 to 2017.

About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Energy & Resources reports can be purchased at Freedonia Focus Reports or MarketResearch.com.

Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:

  • total historical market size and industry output
  • segmentation by products and markets
  • identification of market drivers, constraints, and key indicators
  • segment-by-segment outlook in five-year forecasts
  • a survey of the supply base
  • suggested resources for further study

Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]

 

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SOURCE The Freedonia Group


Source: PR Newswire (August 23, 2018 - 10:17 AM EDT)

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