Demand for Clean Fuel Technology to Rise on the Back of Increasing Efforts Taken by Players to Improve Energy Access

A report published by the World Health Organization says that on an average 4 million premature deaths occurs due to exposure of smoke.  This is an alarming data for those using conventional fuel, intensifying the need for clean fuel.

Clean fuels are fuels that do not leave any harmful component behind when burnt. Due to this, clean fuels do not pose any threat on environment in general and humans in particular. Increasing awareness among consumers regarding air pollution, coupled with adoption of methods to curb air pollutions is expected to drive the global clean fuel technology market.

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Some of the other factors expected to boost clean fuel technology market are mentioned as below:

  • The demand for clean fuel technology could be bolstered by the integrated development of coal-based fuels and optimum consumption of coal and associated fuels. This could not only conserve one of the major energy sources but also help in pollution control and energy security. 
  • Furthermore, the optimization of natural resources could become a strong catalyst for the growth of the clean fuel technology market. However, the demand for clean fuel technology is forecast to be hampered by extortionate cost of operation. Nevertheless, there could be some promising opportunities birthing on the back of hefty investments directed toward clean renewable energy technology.            `
  • Development and advancement agreements in the clean fuel technology industry could increase more in numbers in the near future. Consequently, venture capital investment transactions pertaining to clean fuel technology are expected to surge until the end of the forecast period. 
  • There is a need for governments and businesses to help develop bigger and sustainable markets that provide clean cooking fuels, such as liquid petroleum gas (LPG), ethanol and clean burning wood pellets, as well as clean technologies such as improved cooking stoves.

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Growing Demand for Sustainable Development and Energy Security to Boost Growth of Global Clean Fuel Technology Market


San Francisco, California, January 29, 2019 :  The clean fuel technology market is likely to register significant growth due to growing demand important applications in green engineering and other factors. The increasing focus on reduction of carbon emission and rising concern for the global warming is significantly attributing towards growth of this market in the year to come. In addition to this, the growth of the clean fuel technology market is mainly driven by optimum consumption of renewable fuel such as coal and related fuel. This will further help in conservation and also in helps in pollution control. These are some of the key factor propelling growth of the global clean fuel technology market. Furthermore, growing emphasis on security of energy is key factor backing growth of this market in the upcoming years.

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The advanced agreement and development in clean fuel technology industry is likely to increase in number in the coming years. This can be other factors influencing growth of this market over the assessment period. The venture capital expense pertaining to the clean fuel technology is likely to witness massive growth by the end of forecast period. Additionally, growing scope of conventional and related fuel is expected to argument for the growth of the clean fuel technology market in the year to come. Rising climatic condition and rapid surge in price of oil is another factors attributing towards growth of the market in the coming years.

On the other hand, high operation expense related to the clean fuel technology is expected to hamper growth of this market in the year to come. However, the rising need to reduce carbon emission is another trend largely contributing towards market growth in the coming years.

From the geographical point of view, North America and Asia Pacific is likely to witness significant growth in the global clean fuel technology market owing to growing awareness among the population regarding climatic impact.

The presence of large and small players in the global clean fuel technology demonstrates fragmented structure.

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Clean Fuel Technology Market is poised to Expand Significantly by 2025

Global Clean Fuel Technology Market: Snapshot

Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable alternatives or additives that reduce emission. Fuel blends such as gasohol are being used on greater scales across the world, owing to the increasing environmental concern that people, businesses, and industries are showing. These fuels are primarily intended to reduce the emission and overall pollution that they may cause, while trying to achieve as high a fuel efficiency as possible.

Clean fuel technologies do compete with their conventional counterparts due to the growing scope of renewable energy and clean fuels being used in daily functions. At the same time, the high pollution levels and overall depleting reservoirs of fossil fuels are pressuring the energy sector to come up with reliable means of using green technologies and fuels. The use and generation of clean fuel and clean fuel technologies may also fall under the concept of environmental finance, where the use of clean technology can allow businesses to gain credit and approvals for expansion.

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Clean Fuel Technology Market: Trends and Opportunities

Clean fuel technologies form an essential part of green engineering and the demand for the same is driven by the increasing focus on mitigating the effects of global warming and reducing carbon emissions in the environment. The optimum utilization of natural resources and the integration of coal and associated fuels with development activities and hydrocarbon are also expected to augment the demand for clean fuel technologies. The market is poised to expand significantly in the near future with an increasing global focus on sustainable development and energy security.

The market for clean fuel technology is anticipated to rise significantly over the coming years on account of the growing need for reduced carbon emissions and optimization of natural resources. Although high operational costs pose a threat to the market’s development, ample opportunities have been identified with the increasing investments in clean renewable energy technology. This has been brought on by recent climate change policies and rising oil prices.

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Clean Fuel Technology Market: Technology Assessment

The global market for the clean fuel technology can be bifurcated on the basis of technology into clean coal technology and clean renewable technology. Clean coal technology can be further segmented on the basis of coal gasification techniques into surface coal gasification and underground coal gasification (USG). These technologies convert solid coal into a gas that can be used for power generation and chemical production. Hydrogen also has immense potential to satisfy the future power needs of the people. Hydrogen produced from coal with carbon capture and storage technologies can prove to be a less expensive and high volume method of providing clean energy.

Underground coal gasification converts coal into a syngas comprising methane, hydrogen, and carbon monoxide. The process in combination with carbon capture and storage technology gives rise to a low-cost solution to carbon abatement. The various end-use applications of underground coal gasification include the manufacture of key liquid fuels such as methanol and diesel; hydrogen production, power generation, and heating. This technology, in combination with CO2 capture and storage (CCS), is expected to increase significantly in the near future owing to the various benefits of this technology. Underground coal gasification technology eliminates the cost of coal mining, preparation, and transportation and the capital cost of surface gasification reactors. These technologies are the source of clean, safe, and indigenous energy supply.

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The market, on the basis of clean coal technologies, can be segmented into pulverized coal combustion (PCC), pressurized fluidized bed combustion (PFBC), fluidized bed combustion (FBC), and advanced pressurized fluidized bed combustion (APFBC). The market for renewable technologies can be segmented into potential sources of clean energy such as solar, wind, hydro, tidal, geothermal, and bio-fuels.

Clean Fuel Technology Market: Geographical Segmentation and Key Players

North America and Asia Pacific are expected to drive the growth of the global market for clean fuel technologies in the near future, with the U.S and China anticipated to be the leading contributors.

Some of the prominent players in the clean fuel technology market are AMEC, Clean Fuel Development Coalition, Clean Fuel USA, Clean Fuels Company, and CFT Global LLC.

Clean Fuel Technology Rests on Vital Application in Green Engineering

San Francisco, California, Sept 04, 2017: The global clean fuel technology market is predicted to garner a growing demand in the next few years due to an important application in green engineering and more factors. A report by TMR Research, titled “Clean Fuel Technology Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” prognosticates the demand to be driven by the rising focus on the reduction of carbon emissions in the environment and mitigation of the effects of global warming.

The demand for clean fuel technology could be further bolstered by the integrated development of coal fuels and optimum consumption of coal and associated fuels. This could not only conserve one of the major energy sources but also help in pollution control and energy security. As a result, due to the surging emphasis on energy security and sustainable development, the world clean fuel technology market is prophesied to gain significantly in the coming years.

Furthermore, the optimization of natural resources could become a strong catalyst for the growth of the world clean fuel technology market. However, the demand for clean fuel technology is forecasted to be hampered by the extortionate cost of operation. Nevertheless, there could be some promising opportunities birthing on the back of hefty investments directed toward clean renewable energy technology.

The world clean fuel technology market could see a classification based on technology, where clean renewable technology and clean coal technology have been anticipated to showcase their prominence. The clean coal technology market could have a further classification into underground coal gasification and surface coal gasification based on coal gasification technique. The clean renewable technology market could be segregated into potential clean energy sources such as biofuels, geothermal, tidal, hydro, wind, and solar. Regionally, North America and Asia Pacific are envisaged to be important markets for clean fuel technology.

Underground coal gasification could find application in heating, power generation, hydrogen production, and the manufacture of diesel, methanol, and other key liquid fuels. On account of its various advantages, underground coal gasification could attract several opportunities when combined with carbon dioxide capture and storage (CCS). Furthermore, it is considered as a source of indigenous, safe, and clean energy supply. It could also find application in the elimination of the capital, transportation, and preparation costs of surface gasification reactors and coal mining cost.

Development and advancement agreements in the clean fuel technology industry could increase more in number in the near future. Consequently, venture capital investment transactions pertaining to clean fuel technology are expected to surge until the end of the forecast period. The worldwide clean fuel technology market could experience an influx of executives and entrepreneurs attracted by its high growth rates. Crucial players such as CFT Global LLC, Clean Fuels Company, and Clean Fuel USA could make their presence known in the market.

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