Description
Rotating Machines for Biofuels Market Overview
The updated research report on rotating machines for the biofuels market is anticipated to exhibit significant market growth at a CAGR of 6.65% CAGR during the review period. The rotating machine uses a rotating shaft to pass on energy to fluids through active interaction. Biofuel is extracted from naturally available biomass such as agricultural waste, trees, and grass.
As these sources are renewable and available naturally and provide the perfect fuel for energy generation the use of Biofuel for rotating machines is anticipated to obtain a considerable market surge in the future.
The growing demand for clean and efficient energy sources is likely to drive the global rotating machines for the biofuel market during the forecast period. Also, the highly competitive market of global rotating machines for biofuels to provide economic and renewable energy sources is expected to create many lucrative opportunities for major market players worldwide.
However, the rotating machines include compressors, fans, and gas heaters need high maintenance costs and require fuel and skilled labor, further increases the operation cost. Additionally, the transportation of these machines to the plant location is a complicated process. These factors are expected to hamper the global market during the review period.
Rotating Machines for Biofuels Market Segmentation
In terms of machine type, the global rotating machines for the biofuels market have been divided into compressors, turbines, gas heaters, and fans.
Based on the Production Process the global market has been classified into Transesterification, Gasification, Fermentation, and Others.
The compressors segment contributed the largest share of 22.5% of the global rotating machines for the biofuels market. By production process, the rotating machines for the biofuels market have been segmented into transesterification, gasification, fermentation, and others. The transesterification segment held an 18.0% share of the global rotating machines for the biofuels market.
Rotating Machines for Biofuels Market Regional Analysis
Geographically the global Rotating machines for the Biofuels market has been studied across North America, Europe, Asia-Pacific, Middle East & Africa, and South America
North America is likely to command the global rotating machines for the biofuels market owing to the growing demand for eco-friendly fuel sources and rising applications for machines for biofuels in the region. Europe registers a prominent market for rotating machines for biofuel followed by Asia-Pacific.
Asia-Pacific region exhibits the largest region owing to the rising population and increasing per capita disposable income in the region. Various countries in the Middle East & Africa are oil and gas producers and have been powering their national networks for many years.
Besides, in the last decade, countries in the region have been trying to move towards renewable resources to switch to renewable and clean resources.
The South American countries are anticipated to demand energy, especially for fossil fuel power plants.
Major Players
The key players operating in the global rotating machines for biofuels market include GEA Group (Germany), Corken, Inc. (US), Howden (UK), WITTIG, A Gardner Denver Company (US), Atlas Copco (Sweden), Ingersoll Rand (Ireland), Flowserve (US), Opra Turbines (Netherlands), Air Control Industries (UK), Siemens (Germany), Hamworthy Heating (UK), and MAN Energy (Germany)
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Imposition of Various Regulations Regarding Environmental Concerns to Drive Global Biofuel Additives Market
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 13
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY MACHINE TYPE 16
1.1.2 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY PRODUCTION PROCESS 17
1.1.3 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY REGION 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
2.5 KEY BUYING CRITERIA 20
3 RESEARCH METHODOLOGY 21
3.1 RESEARCH PROCESS 21
3.2 PRIMARY RESEARCH 22
3.3 SECONDARY RESEARCH 23
3.4 MARKET SIZE ESTIMATION 24
3.5 FORECAST MODEL 25
3.6 LIST OF ASSUMPTIONS 26
4 MARKET INSIGHTS 27
5 MARKET DYNAMICS 30
5.1 INTRODUCTION 30
5.2 DRIVERS 31
5.2.1 INCREASING DEMAND FOR ENERGY PRODUCTION FROM RENEWABLE ENERGY RESOURCES 31
5.3 RESTRAINTS 31
5.3.1 HIGH COST 31
5.4 OPPORTUNITIES 31
5.4.1 INCREASING BIOFUEL PRODUCTION THROUGH VARIOUS PRODUCTION PROCESSES 31
5.5 LIST OF PROCESS LICENSORS AND PLANT OPERATORS & OWNERS 32
5.6 LIST OF PLANT CONSTRUCTORS, EPC, AND OPERATORS 32
5.7 LIST OF SERVICE AND MAINTENANCE PROVIDERS 33
5.8 IMPACT ANALYSIS OF COVID-19 33
5.8.1 IMPACT ON THE OVERALL RENEWABLE INDUSTRY 33
5.8.1.1 ECONOMIC IMPACT 33
5.8.2 IMPACT ON THE ROTATING MACHINE FOR BIOFUELS MARKET 34
5.8.3 IMPACT ON SUPPLY CHAIN OF ROTATING MACHINES FOR BIOFUELS 34
5.8.3.1 PRICE VARIATION OF KEY RAW MATERIALS 34
5.8.3.2 PRODUCTION SHUTDOWN 34
5.8.3.3 CASH FLOW CONSTRAINTS 34
5.8.3.4 IMPACT ON PRICING 34
5.8.3.5 IMPACT ON WORLD TRADE 35
6 MARKET FACTOR ANALYSIS 36
6.1 SUPPLY CHAIN ANALYSIS 36
6.1.1 RESEARCH & DEVELOPMENT 36
6.1.2 RAW MATERIAL SUPPLY 36
6.1.3 MANUFACTURE & ASSEMBLY 37
6.1.4 SALES & DISTRIBUTION 37
6.1.5 END USE 37
6.2 PORTER’S FIVE FORCES MODEL 38
6.2.1 THREAT OF NEW ENTRANTS 38
6.2.2 BARGAINING POWER OF SUPPLIERS 38
6.2.3 THREAT OF SUBSTITUTES 39
6.2.4 BARGAINING POWER OF BUYERS 39
6.2.5 INTENSITY OF RIVALRY 39
7 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY MACHINE TYPE 40
7.1 OVERVIEW 40
7.2 COMPRESSORS 41
7.3 FANS 41
7.4 TURBINES 41
7.5 GAS HEATERS 42
8 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY PRODUCTION PROCESS 43
8.1 OVERVIEW 43
8.2 TRANSESTERIFICATION 44
8.3 GASIFICATION 44
8.4 FERMENTATION 44
8.5 OTHERS 44
9 GLOBAL ROTATING MACHINES FOR BIOFUELS MARKET, BY REGION 45
9.1 OVERVIEW 45
9.2 NORTH AMERICA 47
9.2.1 US 48
9.2.2 CANADA 49
9.3 EUROPE 51
9.3.1 UK 52
9.3.2 GERMANY 53
9.3.3 NETHERLANDS 54
9.3.4 FRANCE 55
9.3.5 REST OF EUROPE 56
9.4 ASIA-PACIFIC 58
9.4.1 CHINA 59
9.4.2 INDIA 60
9.4.3 THAILAND 61
9.4.4 INDONESIA 62
9.4.5 REST OF ASIA-PACIFIC 63
9.5 MIDDLE EAST & AFRICA 65
9.5.1 SAUDI ARABIA 66
9.5.2 UAE 67
9.5.3 REST OF MIDDLE EAST & AFRICA 68
9.6 SOUTH AMERICA 70
9.6.1 BRAZIL 71
9.6.2 ARGENTINA 72
9.6.3 REST OF SOUTH AMERICA 73
10 COMPETITIVE OVERVIEW 75
10.1 MARKET SHARE ANALYSIS, 2020 75
10.2 COMPETITOR DASHBOARD 76
10.3 COMPETITOR BENCHMARKING 77
10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 78
10.4.1 PRODUCT DEVELOPMENTS 78
10.4.2 MERGERS & ACQUISITIONS 79
10.4.3 PARTNERSHIPS/COLLABORATIONS 79
11 COMPANY PROFILES 80
11.1 GEA GROUP 80
11.1.1 COMPANY OVERVIEW 80
11.1.2 FINANCIAL OVERVIEW 81
11.1.3 PRODUCTS OFFERED 82
11.1.4 KEY DEVELOPMENTS 82
11.1.5 SWOT ANALYSIS 83
11.1.6 KEY STRATEGIES 83
11.2 CORKEN, INC. 84
11.2.1 COMPANY OVERVIEW 84
11.2.2 FINANCIAL OVERVIEW 85
11.2.3 PRODUCTS OFFERED 85
11.2.4 KEY DEVELOPMENTS 86
11.2.5 SWOT ANALYSIS 86
11.2.6 KEY STRATEGIES 86
11.3 HOWDEN 87
11.3.1 COMPANY OVERVIEW 87
11.3.2 FINANCIAL OVERVIEW 87
11.3.3 PRODUCTS OFFERED 87
11.3.4 KEY DEVELOPMENTS 88
11.3.5 SWOT ANALYSIS 88
11.3.6 KEY STRATEGIES 89
11.4 WITTIG, A GARDNER DENVER COMPANY 90
11.4.1 COMPANY OVERVIEW 90
11.4.2 FINANCIAL OVERVIEW 90
11.4.3 PRODUCTS OFFERED 90
11.4.4 KEY DEVELOPMENTS 90
11.4.5 SWOT ANALYSIS 91
11.4.6 KEY STRATEGIES 91
11.5 ATLAS COPCO 92
11.5.1 COMPANY OVERVIEW 92
11.5.2 FINANCIAL OVERVIEW 93
11.5.3 PRODUCTS OFFERED 94
11.5.4 KEY DEVELOPMENTS 94
11.5.5 SWOT ANALYSIS 95
11.5.6 KEY STRATEGIES 95
11.6 INGERSOLL RAND 96
11.6.1 COMPANY OVERVIEW 96
11.6.2 FINANCIAL OVERVIEW 97
11.6.3 PRODUCTS OFFERED 98
11.6.4 KEY DEVELOPMENTS 98
11.6.5 SWOT ANALYSIS 99
11.6.6 KEY STRATEGIES 99
11.7 FLOWSERVE 100
11.7.1 COMPANY OVERVIEW 100
11.7.2 FINANCIAL OVERVIEW 101
11.7.3 PRODUCTS OFFERED 102
11.7.4 KEY DEVELOPMENTS 102
11.7.5 SWOT ANALYSIS 103
11.7.6 KEY STRATEGIES 103
11.8 OPRA TURBINES 104
11.8.1 COMPANY OVERVIEW 104
11.8.2 FINANCIAL OVERVIEW 104
11.8.3 PRODUCTS OFFERED 104
11.8.4 KEY DEVELOPMENTS 104
11.8.5 KEY STRATEGIES 105
11.9 AIR CONTROL INDUSTRIES 106
11.9.1 COMPANY OVERVIEW 106
11.9.2 FINANCIAL OVERVIEW 106
11.9.3 PRODUCTS OFFERED 106
11.9.4 KEY DEVELOPMENTS 107
11.9.5 KEY STRATEGIES 107
11.10 SIEMENS 108
11.10.1 COMPANY OVERVIEW 108
11.10.2 FINANCIAL OVERVIEW 109
11.10.3 PRODUCTS OFFERED 110
11.10.4 KEY DEVELOPMENTS 110
11.10.5 SWOT ANALYSIS 111
11.10.6 KEY STRATEGIES 111
11.11 HAMWORTHY HEATING 112
11.11.1 COMPANY OVERVIEW 112
11.11.2 FINANCIAL OVERVIEW 112
11.11.3 PRODUCTS OFFERED 112
11.11.4 KEY DEVELOPMENTS 113
11.11.5 KEY STRATEGIES 113
11.12 MAN ENERGY 114
11.12.1 COMPANY OVERVIEW 114
11.12.2 FINANCIAL OVERVIEW 114
11.12.3 PRODUCTS OFFERED 114
11.12.4 KEY DEVELOPMENTS 115
11.12.5 KEY STRATEGIES 115