Emulsified Fuel Market to Hit $20.8 Billion by 2030

According to a new report published by Allied Market Research, titled,” Emulsified Fuel Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2021-2030,” the emulsified fuel market size was valued at $13.8 billion in 2020, and is projected to reach $20.8 billion by 2030, at a CAGR of 4.2% from 2021 to 2030.

Emulsified fuel, such as kerosene and heavy oil, is a mixture of water and flammable liquid in a fuel oil. Emulsion is a type of scattering that includes both a continuous and scattered stage. Water-in-diesel emulsion is the most often used emulsion fuel. The key advantage to utilizing emulsified fuels rather than the fuel itself are natural and monetary advantages. The presence of water in a diesel emulsion reduces burning temperatures and nitrogen oxide emissions. This results in improved fuel economy

Quadrise Fuels International plc (LON:QFI) is the global innovator and licensor of disruptive heavy oil technology that produces MSAR® fuel. The Quadrise team is a unique combination of energy sector experts and fuel specialists that were instrumental in the prior commercialisation of 60 million tons of Orimulsion® fuel worldwide.

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