Summary
The global Biofuels Equipment And Technology Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2019.
Overview
Biofuels are derived from plants that are able to grow on their own without the need for outside help. Typically, biomass is used as feedstock for ethanol production, although the production of biodiesel fuel is also being done on a smaller scale. Furthermore, biomass is also used to make wood pellets, which are also used for power generation. In general, biomass can be burned straight away or alternatively converted into heat by the process of combustion in a boiler. The global biofuels equipment and technology market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
Market Drivers
Rising adoption of higher blending standards leading to higher consumption of bioethanol is expected to drive growth of the global biofuels equipment and technology market during the forecast period. The blending standards for biofuels have improved over the years. For instance, in the case of biodiesel, ratios up to 20% comply with all requirements set in the current fuel quality standards. These standards are set by government authority and are required to comply. Hence, such factors are expected to drive growth of the global biofuels and technology market during the forecast period. Furthermore, volatile and increasing prices of crude oil are expected to propel the global biofuels equipment and technology market growth over the forecast period.
Market Restraint
High capital investment and restriction on the use of biofuels are expected to hamper the global biofuels equipment and technology market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global biofuels equipment and technology market during the forecast period. This is owing to rising awareness regarding the benefits of biofuels over conventional fuels across the region. Furthermore, Asia Pacific is expected to register a robust growth rate over the forecast period, owing to rising population and improving economic conditions in the region.
Competitive Section
Major companies involved in the global biofuels equipment and technology market are Triogen, Saxwerk AB, Aemetis Inc., ETIA, Global Bioenergies, Foss UK, BB-Diesel, Andritz AG, Biopolis S.L., D3Max, and ElectraTherm Inc.
For instance, in May 2019, Universal Biofuels India, a subsidiary of Amentis Inc., received a supply contract for distilled biodiesel from the mining sector.
The Biofuels Equipment And Technology Market report highlights product development and growth strategies such as merger and acquisition adopted by market players along with SWOT Analysis, PEST and Porter’s Five Forces analyses of the Biofuels Equipment And Technology Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- Abengoa Bioenergy
- Aemetis Inc
- Agroenergy S.A.
- Andritz AG
- APJ GmbH
- BB-Diesel
- Biofuel Systems Group Ltd
- ElectraTherm Inc
- D3Max
- Bhler Aeroglide
- Biopolis S.L.
- ETIA
- Fagen Inc.
- Foss UK
- Global Bioenergies
- Renmatrix
- Maguin S.A.S
- Infineum
- Triogen
- Saxwerk AB
By the Product Type, the market is primarily segmented into:
By Applications, the market is segmented into:
- Electricity Generation
- Biofuels
- Heat
- Others
The Report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
Objective of the Biofuels Equipment And Technology Market Report:
- To assess the size of the market by value and volume
- Analyze the Biofuels Equipment And Technology Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Biofuels Equipment And Technology Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact growth of the Biofuels Equipment And Technology Market
The Biofuels Equipment And Technology Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Biofuels Equipment And Technology Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
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