Emulsified Fuel Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2025
“The factors that are playing a major role in the growth of
the market are the increasing pollution levels, enhances
fuel efficacy, fuel cost may be reduced, participation
towards environmental conservation, and the production
of emulsified fuel with high water content.”
Global emulsified fuel market is expected to grow at a significant CAGR of 134.97% in the upcoming period as
the scope and its applications are rising enormously across the globe. Emulsified fuel is composed of water and
a combustible liquid, either a fuel or oil. Emulsion fuels may be an ordinary emulsion or micro emulsion. Both
use surfactants and can be either oil-in-water, or bicontinuous, or water-in-oil.
The factors that are playing a major role in the growth of the market are the increasing pollution levels, enhances
fuel efficacy, fuel cost may be reduced, participation towards environmental conservation, and the production
of emulsified fuel with high water content. However, the presence of alternative like usage of LNG as shipping
fuel may restrain overall market growth in the years to come. Emulsified fuel market is segmented based on
product type, application, and region.
Kerosene, heavy oil, light oil, and other product types could be explored in emulsified fuel market in the forecast
period. The heavy oil sector accounted for the substantial market share of emulsified fuel and is estimated to
lead the overall market in the years to come. In addition, the kerosene sector is estimated to grow at the fastest
pace in the years to come.
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The market could be categorized based on applications like industrial, marine, and others could be explored in
the forecast period. The marine sector accounted for the substantial market share of emulsified fuel and is