Industrial Gasoline Market Size, Key Factors, Major Players, Growth Strategies, Trends, Forecast Till 2026


Posted August 26, 2022 by reportsanddata1234

According to the current analysis of Reports and Data, the global Industrial Gasoline Market was valued at USD 253.2 Million in 2018 and is expected to reach USD 3.1 Billion by the year 2026, at a CAGR of 3.7 percent.

 
According to the current analysis of Reports and Data, the global Industrial Gasoline Market was valued at USD 253.2 Million in 2018 and is expected to reach USD 3.1 Billion by the year 2026, at a CAGR of 3.7 percent. Green gasoline, also known as bio-gasoline or renewable gasoline, is a biomass-derived fuel through a variety of biological, thermal, and chemical processes, which is suitable for use in industrial and automotive applications such as in spark-ignition engines. The fuel meets the ASTM D4814 specification in the U.S. and EN 228 in Europe. Green gasoline fuel is used in vehicles that are aimed to run on this fuel without requiring engine modifications and can use the existing petroleum fuel pipeline structures and retail distribution systems.

Greenhouse gases (GHGs) are being released in greater extents into the atmosphere due to human activities, particularly due to the use of non-renewable fossil fuels and in view of this trend regarding emissions, their atmospheric concentrations are likely to increase at an alarming rate over the coming years. The major issue is with fossil fuels derived gasoline and diesel used in automotive and transportation applications, which tend to be ozone-harming. Green gasoline is a combination of chemical composites that is closely identical to standard gasoline, but it is derived from plants and not petroleum. Researchers across the world are working on various approaches to the production of green gasoline. The tools used for production range from microbes to catalysts, with each approach having its own advantages and disadvantages.

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Further key findings from the report suggest

As of 2018, switchgrass is the leading feedstock segment of the global green gasoline The segment is further projected to register the fastest growth with the highest CAGR during the forecast period
The sugar beets and sugar cane feedstock segment was valued at the second leading position in 2018 and is expected to maintain the position during the forecast period
The gasification production process accounted for the largest market share of 78.5% in 2018. It is projected to maintain its lead with a significant CAGR during the forecast period
The transportation end-use segment in the Industrial Gasoline Market is the fastest-growing segment, registering a CAGR the highest CAGR followed by the industrial end-use
The North America and Latin America regions accounted for the most significant market share in 2018. These regions are proposed to remain the dominant regional segment during 2019-2026. The country’s U.S. and Brazil in the region are the fastest-growing economies, which are projected to drive the global Industrial Gasoline Market.
Both Asia-Pacific and Middle East & Africa regions are forecasted to show the fastest growth over the coming years
Key participants include Virent Energy Systems Inc., Global Bioenergies, Neste Oyj, Cool Planet Energy Systems, Sundrop Fuels, Primus Green Energy, Terrabon, and CORE Biofuel
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Feedstock (Revenue, USD Million; Volume in Gallons, 2016–2026)

Switchgrass
Sugar Beets & Sugar Cane
Wood Chips
Corn
Others
Production Process (Revenue, USD Million; Volume in Gallons, 2016–2026)

Gasification
Pyrolysis
Aqueous Phase Processing
Others
End-Use (Revenue, USD Million; Volume in Gallons, 2016–2026)

Transportation
Industrial
Others
Key Regional Markets Covered in the Report:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Industrial Gasoline Market has been segmented into key regions of the world and offers an analysis of growth rate, market share, current and emerging trends, production and consumption ratio, industrial chain analysis, demand and supply, import and export, revenue contribution, and presence of key players in each region. A country-wise analysis of the market is offered in the report to gain a better understanding of the regional spread and progress of the Industrial Gasoline Market.

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Frequently Asked Questions Addressed in the Report:

What is the estimated market revenue growth over the forecast period?
What are the major factors driving the global Industrial Gasoline Market revenue growth?
Which regional market is expected to account for the largest revenue share in the global Industrial Gasoline Market over the forecast years?
Which are the leading players in the global Industrial Gasoline Market?
What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis of the market?
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Issued By Reports And Data
Country United States
Categories Business
Last Updated August 26, 2022