China E-Fuel Market Size, Share & Trends Analysis Report by Fuel Type (E Diesel, E Gasoline, Ethanol and Hydrogen) By Application (Portable, Stationary and Transportation) By State of Fuel (Liquid Fuel and Gas Fuel) Forecast period (2019-2025).
The China E-Fuel market is anticipated to grow at a CAGR 25.3% during the forecast period. China is one of the top three countries in terms of energy consumption. As a result, the need of sustaining the present non-renewable sources of energy is significantly high. Moreover, pollution in China is also on a higher side which further increases the demand of alternative green energy fuels is expected to increase significantly in the coming years. This is one of the key reasons which are expected to promote the growth of the market over the forecast period. Owing to this increasing preference towards e-fuels, the production of biofuels has increased significantly in the past few years in China. The country manufactured 2,147 Thousand tons of oil equivalent in year 2017 as compared to that of 1,811 Thousand tons of oil equivalent in year 2016. This increase in production of biofuels in the country is expected to open new horizons for the growth of the e-fuels market over the forecast period. Synthetic ethanol is being used as an e-fuel in the country instead of ethanol manufactured from biofuels.
Moreover, China is also one of the key countries in terms of sales of electric vehicles. The total share of electric cars being sold in China registered a share of around 2.2% of the overall sales of cars in the country. China E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel.
The key players that are active in the market include Beijing Enterprises Holdings Ltd, Chevron Corp., China National Offshore Oil Corp., China National Petroleum Corp., Honda Motors, Petronas Lubricants International, Shenergy Group Company Ltd, Sinopec Shanghai Petrochemical Co, Ltd., SK Lubricants Co. Ltd., and Toyota Motor Corp. among others.
Research Methodology:
The market study of the China E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. China E-Fuel Market Research and Analysis by Fuel Type
2. China E-Fuel Market Research and Analysis by Application
3. China E-Fuel Market Research and Analysis by State of Fuel
The Report Covers:
The China E-Fuel market is anticipated to grow at a CAGR 25.3% during the forecast period. China is one of the top three countries in terms of energy consumption. As a result, the need of sustaining the present non-renewable sources of energy is significantly high. Moreover, pollution in China is also on a higher side which further increases the demand of alternative green energy fuels is expected to increase significantly in the coming years. This is one of the key reasons which are expected to promote the growth of the market over the forecast period. Owing to this increasing preference towards e-fuels, the production of biofuels has increased significantly in the past few years in China. The country manufactured 2,147 Thousand tons of oil equivalent in year 2017 as compared to that of 1,811 Thousand tons of oil equivalent in year 2016. This increase in production of biofuels in the country is expected to open new horizons for the growth of the e-fuels market over the forecast period. Synthetic ethanol is being used as an e-fuel in the country instead of ethanol manufactured from biofuels.
Moreover, China is also one of the key countries in terms of sales of electric vehicles. The total share of electric cars being sold in China registered a share of around 2.2% of the overall sales of cars in the country. China E-Fuel market is segmented on the basis of fuel type, application and state of fuel. Based on fuel type, the market is segmented into E diesel, E gasoline, ethanol and hydrogen. Based on application, the market is segmented into portable, stationary and transportation. Based on state of fuel, the market is segmented into liquid fuel and gas fuel.
The key players that are active in the market include Beijing Enterprises Holdings Ltd, Chevron Corp., China National Offshore Oil Corp., China National Petroleum Corp., Honda Motors, Petronas Lubricants International, Shenergy Group Company Ltd, Sinopec Shanghai Petrochemical Co, Ltd., SK Lubricants Co. Ltd., and Toyota Motor Corp. among others.
Research Methodology:
The market study of the China E-Fuel market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. China E-Fuel Market Research and Analysis by Fuel Type
2. China E-Fuel Market Research and Analysis by Application
3. China E-Fuel Market Research and Analysis by State of Fuel
The Report Covers:
- Comprehensive Research Methodology of the China E-Fuel market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the China E-Fuel market.
- Insights about market determinants which are stimulating the China E-Fuel market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Beijing Enterprises Holdings Ltd
- Chevron Corp.
- China National Offshore Oil Corp.
- China National Petroleum Corp.
- Honda Motors
- Petronas Lubricants International
- Shenergy Group Company Ltd
- Sinopec Shanghai Petrochemical Co, Ltd.
- SK Lubricants Co. Ltd.
- Toyota Motor Corp.
