The global Bangladesh market is valued at 7295 million US$ in 2020 is expected to reach 10760 million US$ by the end of 2026, growing at a CAGR of 5.7% during 2021-2026.
Bangladesh Market Overview
The retail fuel includes petrol, diesel, natural gas as well as other fuels. Bangladesh is a major natural gas in Asian region and a net importer of crude as well as refined oil. Presently, natural gas is the largest retail fuel in the country. In 2017, the country consumed 18.84 million MT natural gas, followed by high speed diesel with 4.44 million MT being consumed. Demand of fuels increases fast in the country. Total consumption of fuels in Bangladesh reached to 25.29 million MT in 2017, up from 20.96 million MT in 2013.
Based on the Bangladesh market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Energy & Power. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Bangladesh during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
Industry Updates:
- May 02, 2022, Bangladesh discovers a new gas field of 20 MMCFD capacity-
AIR PicsBangladesh has discovered a new gas field with the capacity to produce 20 million cubic feet of gas per day (MMCFD) at the Koilastila Gas field. The announcement was made by the State Minister for power, energy and mineral resources Nasrul Hamid on Monday on his verified Facebook page.
- Apr 25, 2016, EIL signs contract with Bangladesh Petroleum Corporation (BPC) for providing PMC Services for “Installation of ERL Unit-2” in Bangladesh.
What are the major Applications, Types and Regions for Bangladesh Market?
Bangladesh Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
- Natural Gas
- High Speed Diesel
- High Sulphur Furnace Oil
- Jet Fuel
- Others
Market Volume (%) By Applications it is segmented into
- Power
- Captive Power
- Industrial
- Fertilizer
- Aviation
- Other
Bangladesh Market Regional Analysis
US and Canada: Key facts
- 67% of Canada’s electricity comes from renewable sources and 82% from non-GHG emitting sources
- Canada is the world’s third largest producer of hydroelectricity
- Canada exports about 8% of the electricity it generates to the United States. There are 34 active major international transmission lines connecting Canada to the U.S.
The sources and technologies have changed over time, and some are used more than others. The three major categories of energy for electricity generation are fossil fuels (coal, natural gas, and petroleum), nuclear energy, and renewable energy sources.
Three terms are important to understand when learning about electricity production and consumption:
- Generation is a measure of electricity produced over time. Most electric power plants use some of the electricity they produce to operate the power plant.
- Capacity is the maximum level of electric power (electricity) that a power plant can supply at a specific point in time under certain conditions.
- Sales are the amount of electricity sold to customers over a period of time, and they account for most of U.S. electricity consumption.
All these factors greatly affect the Bangladesh market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
The Bangladesh Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Bangladesh Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Bangladesh Market report scope?
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR (Value and Volume)
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CAGR of 5.7% during the review period (2022 to 2027).
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
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- Natural Gas
- High Speed Diesel
- High Sulphur Furnace Oil
- Jet Fuel
- Others
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Market Volume (%) By Type(Revenue, USD Million, 2017 - 2022)
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- Power
- Captive Power
- Industrial
- Fertilizer
- Aviation
- Others
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Quantitative units
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Revenue in USD million/billion and CAGR from 2022 to 2027
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By Companies
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Bangladesh Petroleum Corporation, Petrobangla, Chevron Corporation
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Customization Available
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Yes, the report can be customized as per your needs
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Key Highlights from this Bangladesh Report
- A comprehensive backdrop analysis, which contains an assessment of the parent market
- Essential changes in market dynamics.
- Market segmentation up to the second or third level.
- Historical, current, and projected size of the market from the standpoint of both value and volume.
- Reporting and evaluation of recent industry developments.
- Market shares and strategies of major players.
- Emerging niche segments and regional markets.
- An objective assessment of the trajectory of the market.
- Recommendations to companies for strengthening their foothold in the market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Bangladesh Market is studied from 2017 - 2027.
What is the growth rate of Bangladesh Market?
The Bangladesh Market is growing at a CAGR of 5.7% over the next 5 years.
Who are the key players in Bangladesh Market?
Bangladesh Petroleum Corporation, Petrobangla, Chevron Corporation
What region does this Bangladesh Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Bangladesh Market?
Semi-Automatic, Automatic, Manual, Others
What are the major end-use applications of Bangladesh Market?
Automotive, Construction & Agriculture Machinery, Others.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
