Summary:
Alternative fuel, known as non-conventional and advanced fuels, are any materials or substances that can be used as fuels, other than conventional fuels like; fossil fuels (petroleum (oil), coal, and natural gas), as well as nuclear materials such as uranium and thorium, as well as artificial radioisotope fuels that are made in nuclear reactors.
In the global market, the core manufacturers of alternative fuel include Valero Energy, Renewable Energy Group, Cosan, Green Plains, ADM and POET etc, and the top 6 manufacturers account for about 10% of the market share. The market include Asia Pacific, North America and Europe, with a share of 32%, 15% and 14%. alcohol fuels accounted for 46% and biodiesel accounted for 38%. The product is mainly used in transportation and industrial Application, with a share of 79% and 13%.
Market Analysis and Insights: Global and Japan Alternative Fuel Market
This report focuses on global and Japan Alternative Fuel market.
In 2020, the global Alternative Fuel market size was US$ 96030 million and it is expected to reach US$ 199490 million by the end of 2027, with a CAGR of 11.1% during 2021-2027. In Japan the Alternative Fuel market size is expected to grow from US$ million in 2020 to US$ million by 2027, at a CAGR of % during the forecast period.
Global Alternative Fuel Scope and Market Size
Alternative Fuel market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Alternative Fuel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For Japan market, this report focuses on the Alternative Fuel market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in Japan.
Segment by Type
Biodiesel
Alcohol Fuels
Hydrogen
Non-fossil Natural Gas
Others
Segment by Application
Transportation
Industrial Application
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Valero Energy
Renewable Energy Group
Cosan
Green Plains
ADM
POET
INEOS Enterprises
BP
CropEnergies
Henan Tianguan Enterprise
Alto Ingredients
Jilin Fuel Ethanol
BioMCN
Longyan Zhuoyue
Reason to Buy