Global Biodiesel Market
Following a significant (17.1%) rise in 2019, the global biodiesel market in terms of volume declined moderately (-1.9%), reaching 46 billion liters in 2020, according to StrategyHelix.
Following a significant (17.1%) rise in 2019, the global biodiesel market in terms of volume declined moderately (-1.9%), reaching 46 billion liters in 2020, according to StrategyHelix.
According to StrategyHelix, the biodiesel market in China was equal to 565 thousand tons in 2020. Until 2027, the market is forecast to reach 921 thousand tons by 2027, registering a CAGR of 7% over the review period.
The natural gas market in China was estimated at 328 billion cubic meters in 2020 and is anticipated to reach 518 billion cubic meters by 2027, progressing at a CAGR of 5.9% throughout the forecast period, according to StrategyHelix.
The wind power operation and maintenance market in China is set to increase by US$ 1,589 million from 2021 to 2027, representing a compound annual growth rate (CAGR) of 8% during the forecast period.
The global wind power operation and maintenance market is poised to grow by US$ 8,103 million from 2021 to 2027, registering a CAGR of 8.8% during the forecast period, according to StrategyHelix.
The energy storage market in China was around 32 GW in 2019, reached 36 GW in 2020 (an increase of 10.5% year-on-year), according to StrategyHelix’ analysis.
In China, following a significant (-23.8%) contraction in 2019, district heating fixed investment market in terms of revenue rose dramatically (17.1%), reaching 5,677 million USD in 2020, according to StrategyHelix’ study.
The district heating market in China is projected to expand by a CAGR of 2.6% from 2021 through 2027.
The global fuel cell market was around 1,107 MW in 2019, reached 1,293 MW in 2020 (an increase of 16.8% year-on-year), according to StrategyHelix’ analysis.
The biomass power generation market in China was around 111 billion kwh in 2019, reached 133 billion kwh in 2020 (an increase of 19.7% year-on-year), according to StrategyHelix’ analysis.
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