Emulsified fuel is a mixture of water and combustible liquid in a fuel oil such as kerosene and heavy oil. Emulsions are a specific case of a scattering including a nonstop and a scattered stage. The most commonly utilized emulsion fuel is water-in-diesel emulsion. The key advantage to utilizing emulsified fuels rather than the fuel itself are natural and monetary advantages. Water in diesel emulsion diminishes burning temperatures and brings down nitrogen oxide emanations. This further leads to enhanced fuel economy. Two types of emulsions are available in the market depending on inner and outer phases such as oil-in-water-in-oil and water-in-oil-in-water. The oil-in-water and water-in-oil emulsions are applicable for fuel purposes in the internal combustion engine, whereas water-in-oil-in-water emulsion is applicable in cosmetics, food, or pharmaceutical manufacturing.

Market scope and structure analysis

COVID-19 scenario analysis

• Owing to production shutdown, emulsified fuel industries are facing significant losses. This is further expected to enforce the companies to increase fuel prices to recover the investments post lockdown. 
• In addition, government is likely to increase the duties and taxes on the fuel and other oil products and decline the subsidies on any of the product.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis

The factors that are driving the development of the global emulsified fuel market are alarming increase in pollution, upgraded fuel viability, decrease in fuel cost, interest toward natural protection, and creation of emulsified fuel with high water content. However, the availability of alternatives and use of LNG as transportation fuel serve as obstacles for the development of the global market. The emulsified fuel reduces the total cost of the fuel as well as reduces the greenhouse gas emissions including carbon dioxide (CO2), nitrogen oxide (NOx), and sulfur oxide (SOx). As government organization are focusing on zero greenhouse gas emissions, emulsified fuel can be an alternative to conventional fuel products in upcoming time period.

Surge in usage in emulsified and industrial applications

Water-emulsified diesel can improve physical or compound properties of fuel and decrease the current diesel motor depletions. The primary factor that leads to decrease in nitrogen oxides is decrease in temperature of the emulsified fuel products due to vaporization of the fluid water and subsequent weakening of the gas stage species. This combination fuel of water and oil is regressively getting used in marine, which significantly contributes toward the growth of the global market.

Key segments covered

Key benefits of the report

• This study presents the analytical depiction of the global emulsified fuel industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
• The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.