Market Overview:
The global solid fuel testing market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solid fuels from various end-use industries, such as power generation, cement production, and others. In addition, the growing awareness about the benefits of using solid fuels is also contributing to the growth of this market. Based on type, coal accounted for the largest share of the global solid fuel testing market in 2017. This can be attributed to its widespread use across various end-use industries.
Product Definition:
Solid Fuel Testing is the process of analyzing the physical and chemical properties of solid fuels in order to determine their suitability for use in a particular application. The importance of Solid Fuel Testing varies depending on the application, but can include things such as determining the fuel's ability to produce heat or electricity, its emissions profile, and its safety and handling characteristics.
Coal:
Coal is a readily available, inexpensive and easily accessible solid fuel that can be used to produce energy in Solid Fuel Testing (SFT) market. It is also the largest source of electricity generation around the globe. According to the World Coal Association, approximately 90% of global coal production is concentrated in five countries: China, Australia, India, United States and South Africa.
Petcoke:
Petcoke or coke is a solid fuel, which is produced as a by-product during the refining of coal. It has high carbon content and low moisture. The most commonly used form of petcoke in the world is bitumen (a type of crude oil). Other types include lignite, sub-bituminous coal, peat, and graphite.
It’s major application includes use as an ingredient for producing asphalt concrete.
Application Insights:
The global solid fuel testing market by application is segmented into proximate analysis, ultimate analysis, and total carbon content. The total carbon content (TC) accounted for the largest share in 2017 owing to its extensive use as a fuel in power generation plants across various applications such as residential and commercial boilers. TC based fuels are also used extensively in the transportation sector for vehicles operating on roadways, such as buses and trucks.
Wood pellet fuels have high potential due to their usage being limited only within industrial applications thus offering an opportunity for growth over other regional markets during the forecast period of 2018 to 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth of this region is attributed to rapid industrialization and increasing per capita income in countries such as China, India, Indonesia, Vietnam and Thailand. These factors are anticipated to drive the demand for solid fuels across Asia Pacific during the forecast period.
The Asia Pacific has been witnessing strong economic growth since 2010 with major economies such as China and India contributing significantly towards global GDPs every year. Growing urbanization coupled with increased infrastructure spending by governments in these countries is further expected to fuel industry expansion over next eight years or so (2030).
Europe accounted for a significant share of global revenue owing to stringent regulations regarding carbon emissions from coal power plants by European Union (EU) government agencies such as EU Emissions Trading System (EU ETS).
Growth Factors:
- Increasing demand for clean and efficient energy sources is driving the growth of the solid fuel testing market.
- Rapid industrialization in developing countries is leading to an increase in the demand for solid fuels, which is further propelling the growth of this market.
- The growing popularity of biomass-based fuels is also contributing to the expansion of this market.
- Stringent environmental regulations related to emissions from traditional fuel sources are prompting governments and industries to adopt cleaner and more efficient fuel technologies, thereby fueling the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solid Fuel Testing Market Research Report
By Type
Coal, Petcoke, Wood Pellet Fuels, Biomass
By Application
Proximate Analysis, Ultimate Analysis, Total Carbon Content
By Companies
Intertek, ALS, Bureau Veritas, Kiwa, Twin Ports Testing, LabTest, SOCOTEC, IRM Bor, FOI Laboratories, Eurofins, FORCE Technology, J.S. Hamilton, Sterling Analytical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Solid Fuel Testing Market Report Segments:
The global Solid Fuel Testing market is segmented on the basis of:
Types
Coal, Petcoke, Wood Pellet Fuels, Biomass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Proximate Analysis, Ultimate Analysis, Total Carbon Content
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Intertek
- ALS
- Bureau Veritas
- Kiwa
- Twin Ports Testing
- LabTest
- SOCOTEC
- IRM Bor
- FOI Laboratories
- Eurofins
- FORCE Technology
- J.S. Hamilton
- Sterling Analytical
Highlights of The Solid Fuel Testing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coal
- Petcoke
- Wood Pellet Fuels
- Biomass
- By Application:
- Proximate Analysis
- Ultimate Analysis
- Total Carbon Content
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Solid Fuel Testing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Solid fuel testing is a process used to determine the quality of solid fuels. The test measures the amount of ash, char and other impurities that are present in the fuel.
Some of the major companies in the solid fuel testing market are Intertek, ALS, Bureau Veritas, Kiwa, Twin Ports Testing, LabTest, SOCOTEC, IRM Bor, FOI Laboratories, Eurofins, FORCE Technology, J.S. Hamilton, Sterling Analytical.
The solid fuel testing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Solid Fuel Testing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Solid Fuel Testing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Solid Fuel Testing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Solid Fuel Testing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Solid Fuel Testing Market Size & Forecast, 2018-2028
4.5.1 Solid Fuel Testing Market Size and Y-o-Y Growth
4.5.2 Solid Fuel Testing Market Absolute $ Opportunity
Chapter 5 Global Solid Fuel Testing Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Solid Fuel Testing Market Size Forecast by Type
5.2.1 Coal
5.2.2 Petcoke
5.2.3 Wood Pellet Fuels
5.2.4 Biomass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Solid Fuel Testing Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Solid Fuel Testing Market Size Forecast by Applications
6.2.1 Proximate Analysis
6.2.2 Ultimate Analysis
6.2.3 Total Carbon Content
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Solid Fuel Testing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Solid Fuel Testing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Solid Fuel Testing Analysis and Forecast
9.1 Introduction
9.2 North America Solid Fuel Testing Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Solid Fuel Testing Market Size Forecast by Type
9.6.1 Coal
9.6.2 Petcoke
9.6.3 Wood Pellet Fuels
9.6.4 Biomass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Solid Fuel Testing Market Size Forecast by Applications
9.10.1 Proximate Analysis
9.10.2 Ultimate Analysis
9.10.3 Total Carbon Content
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Solid Fuel Testing Analysis and Forecast
10.1 Introduction
10.2 Europe Solid Fuel Testing Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Solid Fuel Testing Market Size Forecast by Type
10.6.1 Coal
10.6.2 Petcoke
10.6.3 Wood Pellet Fuels
10.6.4 Biomass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Solid Fuel Testing Market Size Forecast by Applications
10.10.1 Proximate Analysis
10.10.2 Ultimate Analysis
10.10.3 Total Carbon Content
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Solid Fuel Testing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Solid Fuel Testing Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Solid Fuel Testing Market Size Forecast by Type
11.6.1 Coal
11.6.2 Petcoke
11.6.3 Wood Pellet Fuels
11.6.4 Biomass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Solid Fuel Testing Market Size Forecast by Applications
11.10.1 Proximate Analysis
11.10.2 Ultimate Analysis
11.10.3 Total Carbon Content
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Solid Fuel Testing Analysis and Forecast
12.1 Introduction
12.2 Latin America Solid Fuel Testing Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Solid Fuel Testing Market Size Forecast by Type
12.6.1 Coal
12.6.2 Petcoke
12.6.3 Wood Pellet Fuels
12.6.4 Biomass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Solid Fuel Testing Market Size Forecast by Applications
12.10.1 Proximate Analysis
12.10.2 Ultimate Analysis
12.10.3 Total Carbon Content
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Solid Fuel Testing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Solid Fuel Testing Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Solid Fuel Testing Market Size Forecast by Type
13.6.1 Coal
13.6.2 Petcoke
13.6.3 Wood Pellet Fuels
13.6.4 Biomass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Solid Fuel Testing Market Size Forecast by Applications
13.10.1 Proximate Analysis
13.10.2 Ultimate Analysis
13.10.3 Total Carbon Content
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Solid Fuel Testing Market: Competitive Dashboard
14.2 Global Solid Fuel Testing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Intertek
14.3.2 ALS
14.3.3 Bureau Veritas
14.3.4 Kiwa
14.3.5 Twin Ports Testing
14.3.6 LabTest
14.3.7 SOCOTEC
14.3.8 IRM Bor
14.3.9 FOI Laboratories
14.3.10 Eurofins
14.3.11 FORCE Technology
14.3.12 J.S. Hamilton
14.3.13 Sterling Analytical
