Allied Market Research
Loading...
0

Emulsified Fuel Market Expected to Reach $20.8 Billion by 2030—Allied Market Research

 

Report Code : A07249

quote The emulsified fuel market is expected to grow at a rapid pace in North America during the projected period. Increased investments in enhanced oil recovery techniques, as well as ongoing discoveries of new hydrocarbon resources, can be attributed to the growth of the market in the region quote

Eswara Prasad
Manager, Energy and Power at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled," Emulsified Fuel Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030," the emulsified fuel market size was valued at $13.8 billion in 2020, and is projected to reach $20.8 billion by 2030, at a CAGR of 4.2% from 2021 to 2030.

Emulsified fuel, such as kerosene and heavy oil, is a mixture of water and flammable liquid in a fuel oil. Emulsion is a type of scattering that includes both a continuous and scattered stage. Water-in-diesel emulsion is the most often used emulsion fuel. The key advantage to utilizing emulsified fuels rather than the fuel itself are natural and monetary advantages. The presence of water in a diesel emulsion reduces burning temperatures and nitrogen oxide emissions. This results in improved fuel economy. Oil-in-water-in-oil and water-in-oil-in-water are two forms of emulsions available in the market, depending on the inner and outer phases. Oil-in-water and water-in-oil emulsions are used in internal combustion engines for fuel, whilst the water-in-oil-in-water emulsion is used in cosmetics, food, and pharmaceutical production. 

The emulsified fuel market analysis has been done on the basis of application, type, and region. By type, the market is divided into heavy oil, kerosene, and others. Rise in industrialization and marine transport led to increase in the demand for heavy oil. This drives the growth of the emulsified fuel market during the forecast period. 

By application, the marine segment is expected to witness robust growth. Based on application, the emulsified fuel market is divided into marine, industrial and other. Rapid expansion of sea transport led to increase in demand for ships, which led to increase in the use of emulsified fuel. This acts as the major driving factor for the global emulsified fuel market during the forecast period. 

By region, Asia-Pacific is expected to grow at a rapid CAGR during the projection period, due to an increase in recreational water activities, logistics, and fishing, mainly in the developing nations such as India and China. Emulsified fuel is used in ships to cut NOx emissions and lower combustion temperatures.

The major companies profiled in this emulsified fuel industry report include Alternative Petroleum Technologies, Blue Ocean Solutions, Eneco Holdings, Green Fuels NZ Limited, Nanofuel Co., Ltd., Noritake Co. Limited, Quadrise Fuels International plc., SulNOx Group PLC, Tecnoveritas, and TotalEnergies. 

Key findings of the study

  • By region, the Asia-Pacific market is projected to grow at the highest CAGR of nearly 4.4%, in terms of revenue, during the emulsified fuel market forecast period.
  • By type, the heavy oil segment accounted for the largest emulsified fuel market share in 2020.
  • By application, the marine segment garnered the largest market share in 2020.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Emulsified Fuel Market by Type (Heavy oil, Kerosene and Others) and Application (Marine, Industrial and Other): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 4,049 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Emulsified Fuel Market"
Purchase Enquiry