Product Code: ETC007547 | 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 | |
Singapore Biodiesel market currently, in 2023, has witnessed an HHI of 4175, Which has decreased substantially as compared to the HHI of 9542 in 2017. The market is moving towards 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 Singapore biodiesel market is projected to register a CAGR of 9.3% during the forecast period (2020-2026). The major factor driving the growth of this market includes stringent government regulations regarding emissions and increasing awareness among people about biofuel usage, as it does not lead to environmental pollution. Also, growing health concerns due to the use of conventional fuels are expected to further propel the growth of Singapore?s biodiesel market in the near future.
The implementation of emission control laws is one of the primary factors driving demand for clean fuel sources like biodiesel in Singapore. The cost associated with high sulfur content diesel is pushing companies towards using cleaner alternatives such as biodiesel blends which can reduce exhaust emissions significantly while following all regulations set by authorities. In addition, countries in Asia Pacific have started focusing on creating policies that promote renewable energy resources and support green initiatives such as recycling waste oils into reusable fuels. This is expected to provide strong growth opportunities for producers and distributors operating within this sector over the next few years.
Furthermore, rising consumer awareness about environment protection through sustainable practices has encouraged many companies across different industries including automotive & transportation, power generation plants and marine vessels operators opt for alternative fuel sources such as biodiesel instead of traditional petroleum-based fuels, thus promoting its uptake in Singapore?s industrial sector significantly over recent times.. Additionally, growing investments from both private organizations and government bodies toward expanding infrastructure related activities will further increase availability and utilization rates among various end users within this region during 2020-2026 timeline.
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 Singapore Biodiesel Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Biodiesel Market Revenues & Volume, 2019 & 2026F |
3.3 Singapore Biodiesel Market - Industry Life Cycle |
3.4 Singapore Biodiesel Market - Porter's Five Forces |
3.5 Singapore Biodiesel Market Revenues & Volume Share, By Feedstock, 2019 & 2026F |
3.6 Singapore Biodiesel Market Revenues & Volume Share, By Applications, 2019 & 2026F |
4 Singapore Biodiesel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Biodiesel Market Trends |
6 Singapore Biodiesel Market, By Types |
6.1 Singapore Biodiesel Market, By Feedstock |
6.1.1 Overview and Analysis |
6.1.2 Singapore Biodiesel Market Revenues & Volume, By Feedstock, 2016 - 2026F |
6.1.3 Singapore Biodiesel Market Revenues & Volume, By Vegetable Oils, 2016 - 2026F |
6.1.4 Singapore Biodiesel Market Revenues & Volume, By Animal Fats, 2016 - 2026F |
6.2 Singapore Biodiesel Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Singapore Biodiesel Market Revenues & Volume, By Power Generation, 2016 - 2026F |
6.2.3 Singapore Biodiesel Market Revenues & Volume, By Fuel, 2016 - 2026F |
6.2.4 Singapore Biodiesel Market Revenues & Volume, By Others, 2016 - 2026F |
7 Singapore Biodiesel Market Import-Export Trade Statistics |
7.1 Singapore Biodiesel Market Export to Major Countries |
7.2 Singapore Biodiesel Market Imports from Major Countries |
8 Singapore Biodiesel Market Key Performance Indicators |
9 Singapore Biodiesel Market - Opportunity Assessment |
9.1 Singapore Biodiesel Market Opportunity Assessment, By Feedstock, 2019 & 2026F |
9.2 Singapore Biodiesel Market Opportunity Assessment, By Applications, 2019 & 2026F |
10 Singapore Biodiesel Market - Competitive Landscape |
10.1 Singapore Biodiesel Market Revenue Share, By Companies, 2019 |
10.2 Singapore Biodiesel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |