Product Code: ETC007564 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Bahrain Biodiesel market currently, in 2023, has witnessed an HHI of 7921, Which has decreased moderately as compared to the HHI of 10000 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Bahrain biodiesel market is expected to grow at a CAGR of 5.3% between 2020 and 2026. Factors such as increasing environmental concerns, government initiatives for the usage of biofuel-based products, rising demand from transportation and automotive industries are driving the growth of the market in this region during the forecast period. The major players operating in this region include Kuwait Petroleum Corporation (KPC), Saudi Aramco, Abu Dhabi National Oil Company (ADNOC), Qatar Fuel Additives Co Ltd., and Bahrain Petroleum Company (BAPCO).
The growing awareness among individuals regarding climate change has led to increased use of green energy sources such as biodiesel throughout the world. This has resulted in an increased demand for bio-diesel from automobile companies. In addition, governments around the world have been actively promoting renewable fuels such as biodeisel owing to its potential advantages over conventional fuels with respect to reducing air pollution levels and improving fuel efficiency. Moreover, stringent emission regulations imposed by international organizations such as European Union (EU) & International Maritime Organization (IMO) pertaining to SOx emissions are further aiding growth opportunities for biomass based fuels including biodiesel across different countries worldwide including Bahrain.
Further, numerous initiatives taken by government bodies towards promotion of alternative fuel resources have augmented demand for biofuels derived from domestic oils like vegetable oil or animal fats which are considered more efficient than regular diesel fuel due their higher burning temperatures thus making it suitable choice for internal combustion engines used automobiles and other transport vehicles across various regions including Middle East & Africa region wherein Bahrain is located . Additionally , corporate social responsibility initiatives undertaken by large scale industries towards clean energy solutions is also contributing significantly towards adoption rate of biodiesel thereby propelling its market share within Saudi Arabia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bahrain Biodiesel Market Overview |
3.1 Bahrain Country Macro Economic Indicators |
3.2 Bahrain Biodiesel Market Revenues & Volume, 2019 & 2026F |
3.3 Bahrain Biodiesel Market - Industry Life Cycle |
3.4 Bahrain Biodiesel Market - Porter's Five Forces |
3.5 Bahrain Biodiesel Market Revenues & Volume Share, By Feedstock, 2019 & 2026F |
3.6 Bahrain Biodiesel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Bahrain Biodiesel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bahrain Biodiesel Market Trends |
6 Bahrain Biodiesel Market, By Types |
6.1 Bahrain Biodiesel Market, By Feedstock |
6.1.1 Overview and Analysis |
6.1.2 Bahrain Biodiesel Market Revenues & Volume, By Feedstock, 2016 - 2026F |
6.1.3 Bahrain Biodiesel Market Revenues & Volume, By Vegetable Oils, 2016 - 2026F |
6.1.4 Bahrain Biodiesel Market Revenues & Volume, By Animal Fats, 2016 - 2026F |
6.2 Bahrain Biodiesel Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Bahrain Biodiesel Market Revenues & Volume, By Power Generation, 2016 - 2026F |
6.2.3 Bahrain Biodiesel Market Revenues & Volume, By Fuel, 2016 - 2026F |
6.2.4 Bahrain Biodiesel Market Revenues & Volume, By Others, 2016 - 2026F |
7 Bahrain Biodiesel Market Import-Export Trade Statistics |
7.1 Bahrain Biodiesel Market Export to Major Countries |
7.2 Bahrain Biodiesel Market Imports from Major Countries |
8 Bahrain Biodiesel Market Key Performance Indicators |
9 Bahrain Biodiesel Market - Opportunity Assessment |
9.1 Bahrain Biodiesel Market Opportunity Assessment, By Feedstock, 2019 & 2026F |
9.2 Bahrain Biodiesel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Bahrain Biodiesel Market - Competitive Landscape |
10.1 Bahrain Biodiesel Market Revenue Share, By Companies, 2019 |
10.2 Bahrain Biodiesel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |