However, various government programs aimed at reducing fuel consumption, incentivizing the alternative fuel vehicle manufacturers, and bio-fuels mandates are expected to provide necessary impetus for the market growth in the future. The report provides a comprehensive competitive landscape and features companies manufacturing transportation fuel.
The report divides the market on the basis of fuel type and geography. Demand for different types of transportation fuel depends upon the mode of transportation. Major dynamics such as drivers, opportunities, and restraints of the market were analyzed in detail and are illustrated in the report through tables.
Countries such as India are developing their natural gas infrastructure to promote the use of natural gas vehicles.
InChina was the major consumer of transportation fuel in Asia Pacific. RoW is anticipated to be the second-fastest growing market for transportation fuels during the forecast period.
In order to achieve these targets, OEMs are improving engine technologies to reduce emissions and enhance fuel economy. Further, the report states that climate change is one the major challenges that the market faces.
Some of the key market participants in the transportation fuel market include Chevron Corporation, BP p. March 30, Micro-hybrid vehicles and FFVs are the most significant non-gasoline vehicles that can control emission levels and sustainably advance the industry toward more fuel-efficient and competent vehicles in terms of emissions.
The consumption of biofuels is anticipated to grow during the forecast period. This has forced countries to impose stringent emission policies that negatively affect the market growth.
Key players in the transportation fuel market are integrated companies that are present across the entire value chain. For this research study, the base year iswhereas the forecast is from to The use of bio-based transportation fuel is increasing across the globe. These grades contain a certain percentage of bioethanol blended with gasoline.
The report is further segmented at country level. However, the gasoline market is hampered by stringent emission regulations.
This would further boost the consumption of transportation fuel during the forecast period.Global Fuel Consumption Market for Transportation Industry - Increase in Oil and Gas Supply with BP, China National Petroleum Corporation, Exxon Mobil, Royal Dutch Shell & Total Dominating.
About Fuel Consumption in Transportation Industry Fuel expense is an ongoing expense that must be considered while purchasing a vehicle. It also has a significant impact on the environment, as GHGs, particularly carbon dioxide, are produced when the fuel is burned in an engine.
The Global Fuel Consumption market for the Transportation industry to grow at a CAGR of percent over the period Fuel expense is an ongoing expense that must be considered while. Global Fuel Consumption Market for Transportation Industry USA – CANADA – UK – CHINA – INDIA 3.
Market Overview • Fuel expense is an ongoing expense that must be considered while purchasing a vehicle. Sulfuric acid alkylation Achieving more value from every cut of the crude barrel is Cost Effective · Top Selective Gas Process · Featured ResourcesAmenities: Chemical Technology, Fuel Refinement, Gas Treating.
NEW YORK, March 26, /PRNewswire/ -- About Fuel Consumption in Transportation Industry. Fuel expense is an ongoing expense that must be considered while purchasing a vehicle.
It also has a.Download