Alternative Fuels Market by Application, Type and Geography- Forecast and Analysis 2023-2027

Published: May 2023 Pages: 170 SKU: IRTNTR73260

Alternative Fuels Market Analysis Report 2023-2027:

The alternative fuels market size is estimated to grow at a CAGR of 6.04% between 2022 and 2027. The market size is forecast to increase by USD 78.41 billion. The growth of the market depends on several factors, including increasing emissions of GHGs, incentives for the development of alternative fuels, and rising need for cleaner fuels.

This alternative fuels market report extensively covers market segmentation by application (automotive and aviation), type (passenger cars and commercial vehicles), and geography (APAC, North America, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Alternative Fuels Market During the Forecast Period?

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Alternative Fuels Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rising need for cleaner fuels is notably driving the market growth, although factors such as fluctuations in global crude oil prices impedes the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Alternative Fuels Market Driver

One of the key factors driving the alternative fuels market growth is the rising need for cleaner fuels. Due to uncertainty in global fuel prices, energy security, and continuously rising emissions, there is a rising demand for alternate fuels globally. Depleting fossil fuel reserves have also increased the demand for renewable biofuels. As biofuels can perform similarly to gasoline and diesel in terms of performance, third-generation biofuels or algae fuels have witnessed vast research and successful production, which is soon expected to reach commercial production. 

 Also, Euro-VI emission norms have been established in European nations that have become the basis of emission norms in other countries, such as India. Thus there is an increase in demand for cleaner fuels which will drive the alternative fuels market growth during the forecast period.

Significant Alternative Fuels Market Trends

A key factor shaping the alternative fuels market growth is the increasing use of alternative fuels in the transportation sector. As the transportation sector is one of the major sources of air pollution, the need to reduce the carbon footprint in the transportation sector, which is one of the largest sectors responsible for GHG emissions, has led to the use of alternative fuels to run automobiles. 

Over the years, the transportation sector has been witnessing increasing use of alternative fuels. one of the main reasons for this shift is due to the concerns over climate change, the need for energy security, and efforts to reduce dependence on fossil fuels. Thus, the rising concern for the environment is expected to boost the growth of the global alternative fuels market during the forecast period.

Major Alternative Fuels Market Challenge

Fluctuations in global crude oil prices is one of the key challenges hindering the alternative fuels market growth. Due to the fluctuations in global crude oil prices and their impact on the prices of products like gasoline and lubricants, which are derived from crude oil, it can negatively affect the alternative fuels market during the forecast period.

According to the statistics provided, such fluctuations in global crude oil prices will affect the rate of adoption of alternative fuels, as the cost of conventional fuels is lower than that of alternative fuels. For instance, the prices in the oil and gas industry experienced a rapid drop during 2014-2016, which led to a reduction in E And P activities worldwide and also impacted the midstream and downstream segments. Thus the above factors can impede the growth of the alternate fuels market.

Key Alternative Fuels Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Alternative Fuels Market Customer Landscape

Who are the Major Alternative Fuels Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ballard Power Systems Inc.: The company offers alternative fuels for stacks and backup power systems. Also, the company offers sale and service of PEM fuel cell products for the power product markets of heavy-duty motive consisting of bus, truck, rail and marine applications, material handling and backup power as well as the delivery of technology solutions.

The research report also includes detailed analyses of the competitive landscape of the market and information about 20 market vendors, including:

  • Blossman Propane Gas and Appliance Inc.
  • BP Plc
  • Chevron Corp.
  • China Petrochemical Corp.
  • CNOOC Ltd.
  • ENGIE SA
  • Equinor ASA
  • Exxon Mobil Corp.
  • Gazprom International Ltd.
  • Gevo Inc.
  • Hindustan Petroleum Corp. Ltd.
  • Honeywell International Inc.
  • LanzaTech Global Inc.
  • Neste Corp.
  • Nuvera Fuel Cells LLC
  • OMV Aktiengesellschaft
  • Petroleo Brasileiro SA
  • PJSC LUKOIL
  • UGI Corp.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Alternative Fuels Market?

The market share growth by the automotive segment will be significant during the forecast period. The increase in the production of passenger cars, commercial vehicles, and two-wheelers globally has significantly contributed to the market share growth of this segment. For Instance, according to the World Bank, global GDP grew by 5.9% in 2021, and this increase in GDP, which is higher than that in 2020, as well as the rise in the disposable incomes of people, will increase the demand for vehicles, as improving economic conditions encourage more people to have their own personal transport.

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The automotive segment was valued at USD 141.59 billion in 2017 and continued to grow until 2021. As the automotive market is currently highly dependent on fossil fuels for operation, an increase in automotive sales is likely to lead to a similar rise in the demand for fuel. Also, there are government incentives and subsidies for clean energy sources to reduce the substantial impact of the sector on GHG can also contribute to the growth of global alternative fuels market during the forecast period.

Which are the Key Regions for the Alternative Fuels Market?

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APAC is estimated to contribute 40% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

 As the carbon emissions in the APAC region account for a significant share of GHG emissions globally, with China being the major contributor in APAC, followed by India, there are stringent initiatives being implemented to reduce carbon emissions. In addition, large manufacturers of alternative fuels, such as Royal Dutch Shell, are showing interest in establishing low-carbon fuel stations in APAC countries such as China, Indonesia, and India to reduce GHG emissions. Thus, such investments are expected to drive the growth of the alternative fuels market in APAC during the forecast period.

In 2020, the alternative fuels market in the region has witnessed significant challenges due to the outbreak of COVID-19 as it affected the supply chain of end-user industries, such as mobility and oil and gas, thereby affecting the regional economy. However, in 2021, the initiation of large-scale vaccination drives?has lifted the lockdown and travel restrictions in countries like China, Japan, and South Korea, which led to the resumption of delivery of alternative fuels. Such factors are expected to drive the market during the forecast period.

Segment Overview

The alternative fuels market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Billion, 2017 - 2027)
    • Automotive
    • Aviation
  • Type Outlook (USD Billion, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Geography Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • South America
      • Chile
      • Argentina
      • Brazil
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the Alternative Fuels Market as a part of the global renewable electricity market within the global independent power and renewable electricity market. The parent global renewable electricity market covers companies engaged in the generation and distribution of electricity using renewable sources. The factors that drives the growth of the global renewable electricity market includes declining costs of renewable energy technologies, increasing demand for renewable power due to environmental concerns and stiff competition from well-established traditional electricity companies. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

 

Alternative Fuels Market Scope

Report Coverage

Details

Page number

170

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.04%

Market growth 2023-2027

USD 78.41 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

5.9

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 40%

Key countries

US, China, Japan, South Korea, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Ballard Power Systems Inc., Blossman Propane Gas and Appliance Inc., BP Plc, Chevron Corp., China Petrochemical Corp., CNOOC Ltd., ENGIE SA, Equinor ASA, Exxon Mobil Corp., Gazprom International Ltd., Gevo Inc., Hindustan Petroleum Corp. Ltd., Honeywell International Inc., LanzaTech Global Inc., Neste Corp., Nuvera Fuel Cells LLC, OMV Aktiengesellschaft, Petroleo Brasileiro SA, PJSC LUKOIL, and UGI Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Alternative Fuels Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation size of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global alternative fuels market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global alternative fuels market 2017 - 2021 ($ billion)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ billion)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Automotive - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on Automotive - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on Automotive - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
    • 6.4 Aviation - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Aviation - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Aviation - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Aviation - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Application ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Passenger cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 South Korea - Market size and forecast 2022-2027
      • Exhibit 95: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Ballard Power Systems Inc.
              • Exhibit 111: Ballard Power Systems Inc. - Overview
              • Exhibit 112: Ballard Power Systems Inc. - Product / Service
              • Exhibit 113: Ballard Power Systems Inc. - Key news
              • Exhibit 114: Ballard Power Systems Inc. - Key offerings
            • 12.4 Blossman Propane Gas and Appliance Inc.
              • Exhibit 115: Blossman Propane Gas and Appliance Inc. - Overview
              • Exhibit 116: Blossman Propane Gas and Appliance Inc. - Product / Service
              • Exhibit 117: Blossman Propane Gas and Appliance Inc. - Key offerings
            • 12.5 BP Plc
              • Exhibit 118: BP Plc - Overview
              • Exhibit 119: BP Plc - Business segments
              • Exhibit 120: BP Plc - Key news
              • Exhibit 121: BP Plc - Key offerings
              • Exhibit 122: BP Plc - Segment focus
            • 12.6 Chevron Corp.
              • Exhibit 123: Chevron Corp. - Overview
              • Exhibit 124: Chevron Corp. - Business segments
              • Exhibit 125: Chevron Corp. - Key news
              • Exhibit 126: Chevron Corp. - Key offerings
              • Exhibit 127: Chevron Corp. - Segment focus
            • 12.7 China Petrochemical Corp.
              • Exhibit 128: China Petrochemical Corp. - Overview
              • Exhibit 129: China Petrochemical Corp. - Business segments
              • Exhibit 130: China Petrochemical Corp. - Key offerings
              • Exhibit 131: China Petrochemical Corp. - Segment focus
            • 12.8 CNOOC Ltd.
              • Exhibit 132: CNOOC Ltd. - Overview
              • Exhibit 133: CNOOC Ltd. - Business segments
              • Exhibit 134: CNOOC Ltd. - Key offerings
              • Exhibit 135: CNOOC Ltd. - Segment focus
            • 12.9 ENGIE SA
              • Exhibit 136: ENGIE SA - Overview
              • Exhibit 137: ENGIE SA - Business segments
              • Exhibit 138: ENGIE SA - Key offerings
              • Exhibit 139: ENGIE SA - Segment focus
            • 12.10 Equinor ASA
              • Exhibit 140: Equinor ASA - Overview
              • Exhibit 141: Equinor ASA - Business segments
              • Exhibit 142: Equinor ASA - Key offerings
              • Exhibit 143: Equinor ASA - Segment focus
            • 12.11 Exxon Mobil Corp.
              • Exhibit 144: Exxon Mobil Corp. - Overview
              • Exhibit 145: Exxon Mobil Corp. - Business segments
              • Exhibit 146: Exxon Mobil Corp. - Key offerings
              • Exhibit 147: Exxon Mobil Corp. - Segment focus
            • 12.12 Gazprom International Ltd.
              • Exhibit 148: Gazprom International Ltd. - Overview
              • Exhibit 149: Gazprom International Ltd. - Product / Service
              • Exhibit 150: Gazprom International Ltd. - Key offerings
            • 12.13 Gevo Inc.
              • Exhibit 151: Gevo Inc. - Overview
              • Exhibit 152: Gevo Inc. - Business segments
              • Exhibit 153: Gevo Inc. - Key offerings
              • Exhibit 154: Gevo Inc. - Segment focus
            • 12.14 Hindustan Petroleum Corp. Ltd.
              • Exhibit 155: Hindustan Petroleum Corp. Ltd. - Overview
              • Exhibit 156: Hindustan Petroleum Corp. Ltd. - Business segments
              • Exhibit 157: Hindustan Petroleum Corp. Ltd. - Key offerings
              • Exhibit 158: Hindustan Petroleum Corp. Ltd. - Segment focus
            • 12.15 Honeywell International Inc.
              • Exhibit 159: Honeywell International Inc. - Overview
              • Exhibit 160: Honeywell International Inc. - Business segments
              • Exhibit 161: Honeywell International Inc. - Key news
              • Exhibit 162: Honeywell International Inc. - Key offerings
              • Exhibit 163: Honeywell International Inc. - Segment focus
            • 12.16 LanzaTech Global Inc.
              • Exhibit 164: LanzaTech Global Inc. - Overview
              • Exhibit 165: LanzaTech Global Inc. - Product / Service
              • Exhibit 166: LanzaTech Global Inc. - Key offerings
            • 12.17 UGI Corp.
              • Exhibit 167: UGI Corp. - Overview
              • Exhibit 168: UGI Corp. - Business segments
              • Exhibit 169: UGI Corp. - Key news
              • Exhibit 170: UGI Corp. - Key offerings
              • Exhibit 171: UGI Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 172: Inclusions checklist
                • Exhibit 173: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 174: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 175: Research methodology
                • Exhibit 176: Validation techniques employed for market sizing
                • Exhibit 177: Information sources
              • 13.5 List of abbreviations
                • Exhibit 178: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              alternative fuels market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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