Government support, increasingly high populations driving end markets, and strong self-imposed mandates are some of the reasons India and China are dominating Asia’s alternative fuel markets. Lux Research recently released its ‘Planning for the Long-Term in Asia Pacific Alternative Fuel Markets’ report. For the analysis, Lux considered production capacity, end market, government plan and feedstock availability across three alternative fuels: ethanol, biodiesel, and natural gas vehicles. Lux chose the ten strongest markets for alternative fuels based on activity today, and the long-term potential of these markets. The countries analysed are China, India, Japan, South Korea, Australia, Vietnam, Thailand, Philippines, Indonesia and Malaysia.
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