Emulsified Fuel Market Reach $20. 8 billion by 2030: Allied Market Research
Published
Sep 20 2021 at 9:22 AM GMT
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- 20, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global emulsified fuel market generated $13.8 billion in 2020, and is projected to reach $20.
- 8 billion by 2030, witnessing a CAGR of 4 2% from 2021 to 2030.
- The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
- Surge in concern toward reducing carbon emissions, no requirement for additional retrofitting, improved engine performance drive the growth of the global emulsified fuel market.
- However, competition from other renewable sources of energy and lack of awareness and standardization restrain the market to some extent.
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- Published Sep 20, 2021 9:22 AM GMT