Bioliquid Heat & Power Generation Market – Overview
Global Bioliquid Heat & Power Generation Market is expected to witness moderate growth during the forecast period due to the fact that Brazil and the US are the largest producers of ethanol, but the strong production growth can be seen in China, India, and Thailand, among other developing countries. Bioliquids are fuels made from biomass for energy purposes including heating and generating power. Bioliquids have high energy density and having been used for many years. The bioliquid as a technology is well established and can be used on demand, reacting quickly to changes in demand for power. Bioliquids have the capability to reduce dependency on foreign oil and reduces the green-house gas emissions.
Prominent Players:
The key players of the global Bioliquid Heat & Power Generation Market are Encontech, Argent Energy, Munzer Bioindustrie, Betarenewables, Ensyn Fuels, Bunge, Biox, MBP Group, REG Power Management, Neste, REG, Kraton, BTG, Olleco, Archer Daniels Midland Company, and Cargill Inc., among others.
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Europe accounts for the largest market share in the Bioliquid Heat & Power Generation market
Region wise, Europe held the largest market share of the global Bioliquid Heat & Power Generation market in 2017. The growth of bioliquids in the region can be attributed to the increasing focus on the renewable energy sector, of which bioliquid is a part. The market in Europe is expected to dominate the global bioliquid heat and power generation market by 2023. The growing market in this region can be attributed to the increasing focus on the renewable energy sector, of which bioliquid is a part. Countries such as Germany, the UK, and France are the key markets for bioliquid heat and power generation in Europe. The stringent regulatory framework regarding bioliquids in the region is expected to drive the market in Europe.
Segmental Analysis:
Global bioliquid heat & power generation market has been segmented based on type, application, and region. Based on type, the market has been classified into bioethanol and biodiesel. Bioethanol segment is leading the market owing to its various advantages over biodiesel. For instance, bioethanol contains 35% oxygen and adding oxygen to fuel results in complete fuel combustion, thus reducing harmful tailpipe emissions. Moreover, ethanol also displaces the use of toxic gasoline component such as benzene. In the US, nearly all the gasoline is now sold, contains 10% ethanol by volume. Considering the technical features of bioethanol, bioethanol is much cheaper compared to biodiesel and provides approximately 93% more net energy per gallon.
List Of Tables
Table 1 Global Bioliquid Heat & Power Generation Market, By Region, 2016-2023 (USD Million)
Table 2 North America Bioliquid Heat & Power Generation Market, By Country, 2016-2023 (USD Million)
Table 3 Europe Bioliquid Heat & Power Generation Market, By Country, 2016-2023 (USD Million)
Table 4 Asia-Pacific Bioliquid Heat & Power Generation Market, By Country, 2016-2023 (USD Million)
Table 5 Rest Of The World Bioliquid Heat & Power Generation Market, By Country, 2016-2023 (USD Million)
Table 6 Global Bioliquid Heat & Power Generation Market, By Type, 2016-2023 (USD Million)
Table 7 North America Bioliquid Heat & Power Generation Market, By Type, 2016-2023 (USD Million)
Table 8 Europe Bioliquid Heat & Power Generation Market, By Type, 2016-2023 (USD Million)
Table 9 Asia-Pacific Bioliquid Heat & Power Generation Market, By Type, 2016-2023 (USD Million)
Table 10 Rest Of The World Bioliquid Heat & Power Generation Market, By Type, 2016-2023 (USD Million)
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List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Continued…..
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