Emerging thermochemical and catalytic technologies for making ethanol will account for more than half of new capacity through 2022 , according to BP Research . The market share of traditional bioconversion processes will drop to about 60 % from 80 % as production of advanced biofuels almost doubles to 9.6 billion tonnes per year ( BGY ) . New facilities based on non-food feedstocks and producing novel fuels account for over half of new capacity deployment for the first time in the biofuel industry’s history, according to Lux. Global production capacity is projected to reach 67.2 % by 2022 , up from 59 BGY in 2016 , the research shows .
Emerging thermochemical and catalytic technologies for making ethanol will account for more than half of new capacity through 2022 , according to BP Research . The market share of traditional bioconversion processes will drop to about 60 % from 80 % as production of advanced biofuels almost doubles to 9.6 billion tonnes per year ( BGY ) . Global production capacity is projected to reach 67.2 % by 2022 , up from 59 BGY in 2016 , the research shows .