Report forecast the biofuels market in China to grow
at a CAGR of 16.2% over the period 2014-2019.
The continuous growth in the population has led to
increased power consumption in the production and transportation sectors. As a
result, there is a rise in the level of pollution and GHG. China accounted for
23% of the global energy consumption in the year 2014 according to BP.
Over-dependence on coal and oil for power generation and volatile oil prices
have increased the energy insecurity of the nation. Energy insecurity along
with the rising pollution levels has forced the Chinese government to focus on changing
its energy mix. To combat this issue, the government is investing heavily in
the renewable sector. In 2014, $83 billion was invested in renewable energy,
out of which the investments in solar and wind power held the first and second
position, followed by biofuels and biomass. China has increased its investments
in the renewable energy sector consecutively for the past 10 years to achieve
its goal of meeting 15% of its energy needs through renewable energy and
increase its biofuels usage for transportation energy needs to 15% by the year
2020.
This report covers the present scenario and the
growth prospects of the biofuels market in China for 2015-2019. To calculate
the market size, the report considers the annual production of biofuels in
China, which includes:
- Bioethanol
- Biodiesel and bio jet fuel
Biofuels Market in China 2015-2019, has been prepared
based on an in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects in the coming
years. The report includes a discussion of the key vendors operating in this
market.
Key players in the Biofuels Market in China: Fujian Zhongde, Henan Tianguan Enterprise
Group, Jiangsu Yueda Kate New Energy, Longyan Zhuoyue New Energy and Ningbo
Tech-Bank
Other Prominent Vendors in the market are: Shandong
Jinjiang Bio-energy Technology, Ltd., Gushan Environmental Energy, Jilin fuel
ethanol, Zhenghe Bio Energy, Tangshan Jin Lihai Biodiesel, Jiangsu Hengshunda
Bio-Energy, and Guangzhou Devotion Thermal Technology.
Key market
driver
- Increased consumption due to blend mandates in provinces
- For a full, detailed list, view our report
Key market
challenge
- Inadequate supplies of non-grain feedstock and arable land
- For a full, detailed list, view our report
Key market
trend
- Heavy investments in renewable energy sector
- For a full, detailed list, view our report
Key questions
answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 57 pages “Biofuels Market in China 2015-2019” report
covers Executive Summary, Scope of the Report, Market Research Methodology,
Introduction, Market landscape, Technology overview, Market landscape, Market
segmentation by fuel type, Market drivers, Impact of drivers, Market
challenges, Impact of drivers and challenges, Market trends, Vendor landscape,
Key vendor analysis, Appendix.
For further information on this report, please visit- http://mrr.cm/oQv
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Biorefinery Market 2015-2019 - visit at: http://mrr.cm/oAk
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