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Canada E-Fuel Market 2019-2025

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  • February 2020
  • Region: Canada
  • Orion Market Research Private Limited
  • ID: 5116591
Canada 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).

Canada E-Fuel market is anticipated to grow at a CAGR 22.4% during the forecast period. Canada is one of the rare countries in which the major amount of electricity is produced from renewable resources; therefore, the massive transition from gasoline cars to electric cars for transportation makes sense and offers great potential in reduction of CO2 emission. Electric Mobility Canada promotes all forms of electric vehicles in the country by forming an association with automakers such as Ford and General Motors, along with major fleet users, research organizations, and universities. According to the International Council on Clean Transportation (ICCT), around 0.3 million electric vehicles are expected to be sold by 2020 in Canada. This, in turn, is further projected to increase the demand for e-fuel in Canada in the near future.

Canada is recognized as a leader in hydrogen and fuel cell R&D and early stage commercialization and is a large producer and user of hydrogen-based fuel and home to a substantial concentration of hydrogen and fuel cell expertise. The country largely consists of small- and medium-sized companies and research organizations. Moreover, the development of fuel is supported by a well-educated and trained labor force having advanced skills. Canadian companies have established themselves in the global e-fuel market from years of R&D and demonstration activities.

Canada 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 Ballard Power Systems Inc., Clean Fuel USA, E-Fuel Corp, Flint Hills Resources LP, Fuel cell Energy Inc., Green Plains Inc., Hydrogenics Corp., Plug Power Inc., POET LLC and Valero Energy Corp.

Research Methodology:

The market study of the Canada 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. Canada E-Fuel Market Research and Analysis by Fuel Type
2. Canada E-Fuel Market Research and Analysis by Application
3. Canada E-Fuel Market Research and Analysis by State of Fuel

The Report Covers:
  • Comprehensive Research Methodology of the Canada 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 Canada E-Fuel market.
  • Insights about market determinants which are stimulating the Canada 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:

  • Ballard Power Systems Inc.
  • Clean Fuel USA
  • E-Fuel Corp
  • Flint Hills Resources LP
  • Fuel cell Energy Inc.
  • Green Plains Inc.
  • Hydrogenics Corp.
  • Plug Power Inc.
  • Valero Energy Corp.