Second-Generation Biofuels Gain Traction But Growth Challenges Remain

Miami, FL, USA --Some 5 billion gallons of second-generation biofuels could hit the market in five years, a new research report by consultancy Frost & Sullivan revealed last month. However, analysts say the fledgling sector remains challenged by high feedstock and production costs due to a complex production chain.In its report "Next Generation Biofuels Set to Displace Fossil Fuels in the Transportation Sector," Frost & Sullivan states second-generation biofuels will be available on a commercial scale in five years.