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The Global Market for Alternative Fuels for Commercial Vehicles

The Global Market for Alternative Fuels for Commercial Vehicles

The global market for alternative fuels for commercial vehicles totaled $52.6 billion in 2014 and $39.3 billion in 2015. The market should total $80.3 billion by 2020, in the base case of $80-per-barrel oil, demonstrating a compound annual growth rate (CAGR) of 15.4% from 2015 to 2020.

This report provides:
An overview of the multiple alternative fuels for commercial vehicles, and the global market for those alternative fuels consumed by commercial vehicles.
Analyses of global market trends, with data from 2014, 2015, and projections of compound annual growth rates (CAGRs) through 2020.
A description of the numerous alternative fuels for commercial vehicles and their variants.
An estimation of the breakeven oil price points for each fuel for each region at which they produce a favorable payback for commercial vehicles.
Insight into the key stakeholders in the market, i.e., the producers and feedstock suppliers of conventional (oil, gasoline, diesel) and alternative fuels (natural gas, LPG, DME, etc.).


SCOPE OF REPORT

This report focuses on the market, measured for 2014 and projected from 2015 to 2020, for 10 major alternative fuels for commercial vehicles across North America, Latin America, and the Europe/Middle East/Africa (EMEA) and Asia-Pacific regions:
Compressed natural gas (CNG).
Liquid natural gas (LNG).
Liquid petroleum gas (LPG), also known as autogas.
Dimethyl ether (DME).
Renewable natural gas (biomethane).
Biodiesel.
Ethanol.
Methanol.
Hydrogen.
Hythane.

In order to maintain a commonality within only those power sources that are utilized by internal combustion engines, this report excludes:

All electric (battery) vehicles.
Hybrid electric battery and generator/internal combustion vehicles.
Fuel cell-powered electric vehicles.

These excluded power sources and vehicles are covered in other BCC Research reports, listed under the heading Related BCC Research Reports near the end of this chapter.

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