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Freedonia Market Research Press Releases US Demand for Motor Vehicle Biofuels to Increase Less Than 1.0% Annually to 2022

US Demand for Motor Vehicle Biofuels to Increase Less Than 1.0% Annually to 2022

by Corinne Gangloff

August 15, 2018

Cleveland, OH, August 15, 2018 — 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.

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.

More information about the report is available at:

https://www.freedoniafocusreports.com/Motor-Vehicle-Biofuels-United-States-FF45035/

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