Gasoline Prices in China remained unchanged at 0.85 USD/Liter in September. This dataset provides the latest reported value for - China Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The average retail price of gasoline (RON 95) in China's capital Beijing amounted to **** yuan per liter as of August 18, 2025. Petrol prices do not vary significantly between different regions in China.

Countries in Europe have some of the highest natural gas prices for the industry in the world. In the second quarter of 2024, industrial customers in Switzerland paid approximately 0.16 U.S. dollars per megawatt hour worth of natural gas. This was considerably higher than the price of gas in natural gas producing countries such as Russia and Algeria. Determining natural gas prices Like other commodities, natural gas prices are driven by supply and demand trends. In some instances, they may also reflect developments within the oil market, as both commodities are often produced together. Natural gas prices are volatile. Seeing as the consumption of natural gas is often without alternative (e.g. within power plants), short-term changes to supply and demand have huge repercussions for the market. Weather is also a common determinant of natural gas prices. Unprecedented heat waves in the U.S. have driven up electricity demand for air conditioning and affected weekly Henry Hub natural gas prices in the hotter summer months. Natural gas demand Primary energy demand generated by natural gas worldwide is highest in North America. Nevertheless, forecasts suggest that the Asia Pacific region will experience a doubling in such demand by 2050 and overtake consumers in North America. The United States is still leading a ranking of world natural gas consumption by country. However, China has increased its LNG and gas pipeline investment portfolio, which could see it becoming an even greater consumer in the future.

At 3.82 U.S. dollars per gallon in October 2022, regular all formulation retail gasoline prices in the United States were considerably lower than in Hong Kong or the Central African Republic, which reported the highest gasoline prices in the world at the end of October 2022. Norway also ranked high this year. Its high gasoline prices might be one of the reasons why the country is leading the charge towards electric mobility. Gas prices in selected countries worldwide Fuel prices in different countries range from a few cents to almost two U.S. dollars per liter. Gasoline is often regarded as a key driver of a country’s economy, as it is the main fuel used in passenger vehicles and the automotive fleets of small and large businesses. The United States is one of the biggest consumers of gasoline on a per capita basis, with approximately 356 gallons of gasoline per person in 2020. Fuel prices respond to crude oil price changes One of the liquid’s main ingredients is crude oil. The spot prices of publicly traded crudes, such as U.S.-sourced WTI (West Texas Intermediate), UK Brent, and the OPEC basket grades, are highly volatile and have proven prone to inflation as of late, most recently due to the novel coronavirus outbreak in China, blockages in the Suez Canal, and the Russian invasion of Ukraine. Where access to oil is limited, this volatility may spur a shift towards alternative propulsion systems and fuels among a growing number of vehicle drivers. Affordability of fuel Gas prices in Europe are counted among the highest worldwide. At 7.6 U.S. dollars per gallon or more, gasoline is particularly expensive in Iceland, Norway, Denmark, Greece, Finland, and the Netherlands. Car drivers in Mozambique and Madagascar feel the most pain at the pump. Some 145.7 percent of a month's wages are needed to fill up a tank in Mozambique. The low affordability of fuel is due to weak currencies, limited wage growth, and a level of prosperity that is yet to meet other markets' standards. The high price in countries such as the Netherlands and Norway is largely attributable to taxes. Other factors driving gas prices include local demand, processing and distribution costs, and the aforementioned level of crude oil prices.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

China's EVs are now cheaper than gas cars due to competition and lower costs, while the US faces a large price gap and significant losses from its automakers, highlighting a stark disparity in EV development and policy.

As of 2021, the levelized cost of energy (LCOE) in China from solar and storage sources was around **** U.S. dollars per megawatt hour. This cost is expected to decrease in 2022 to around ***** U.S. dollars per megawatt hour. As an ongoing supply shortage makes gas purchases more expensive, the LCOE for gas is expected to notably increase until 2024.

Hong Kong has some of the highest diesel prices in the world. As of August 4, 2025, drivers in Hong Kong paid an average of 3.49 U.S. dollars per liter of automotive diesel. This was more than three times the amount paid by drivers in Mainland China. Lower prices are often linked to substantial domestic crude oil production and government subsidies, as is the case in countries such as Venezuela, Iran, and the United States.

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Fuel Cells Market For Industrial And Mlitary Applications Size 2025-2029

The fuel cells market for industrial and mlitary applications size is valued to increase by USD 3.31 billion, at a CAGR of 20.6% from 2024 to 2029. Growing demand for efficient and cleaner technologies will drive the fuel cells market for industrial and mlitary applications.

Market Insights

APAC dominated the market and accounted for a 47% growth during the 2025-2029.
By End-user - Industrial segment was valued at USD 1.34 billion in 2023
By Product - PEMFC segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 285.36 million 
Market Future Opportunities 2024: USD 3312.80 million
CAGR from 2024 to 2029 : 20.6%

Market Summary

The Fuel Cells Market for Industrial and Military Applications has experienced significant growth due to the increasing demand for efficient and cleaner technologies. According to a recent report, the global fuel cell market size is projected to reach USD 15.3 billion by 2026, growing at a CAGR of 6.3% during the forecast period. Fuel cells offer several advantages, including high efficiency, low emissions, and long operating hours, making them an attractive alternative to traditional power sources. One of the key trends in the market is the integration of fuel cells with batteries and supercapacitors to create hybrid energy systems.
This combination provides energy storage capabilities, enabling fuel cells to operate continuously and maintain power supply during peak loads or outages. For instance, the U.S. Army is testing fuel cell-battery hybrid systems to power military bases and reduce reliance on diesel generators. Despite these benefits, the high implementation costs of fuel cells remain a significant challenge. Fuel cells require expensive materials, such as platinum catalysts, and complex manufacturing processes. However, ongoing research and development efforts are focused on reducing costs and improving efficiency. For example, researchers at the University of California, Irvine, have developed a new catalyst that could reduce the cost of fuel cells by up to 70%.
In conclusion, the Fuel Cells Market for Industrial and Military Applications is poised for growth, driven by the need for cleaner and more efficient energy solutions. The integration of fuel cells with batteries and supercapacitors is a key trend, offering improved energy storage capabilities. While high implementation costs remain a challenge, ongoing research and development efforts are addressing this issue and paving the way for wider adoption.

What will be the size of the Fuel Cells Market For Industrial And Mlitary Applications during the forecast period?

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The Fuel Cells Market for Industrial and Military Applications continues to evolve, driven by the increasing demand for clean energy solutions and the need for high-performance power sources. One notable trend is the growing adoption of fuel cells in military applications, particularly for powering unmanned aerial vehicles (UAVs) and military bases. According to the Department of Energy, fuel cells can provide up to five times more energy per unit weight than conventional batteries, making them an attractive option for military operations. Moreover, fuel cells offer significant cost savings over traditional power sources in the long run. For instance, the U.S.
Army estimates that fuel cells can reduce fuel consumption by up to 60% compared to diesel generators. This translates to substantial cost savings, especially for military installations that rely on large power generators. In the industrial sector, fuel cells are increasingly being used for power generation and backup power applications. For instance, fuel cells can help companies achieve regulatory compliance by providing a reliable and clean energy source, reducing greenhouse gas emissions. Additionally, fuel cells offer improved power quality and stability, making them an attractive option for industries that require consistent power supplies. In conclusion, the Fuel Cells Market for Industrial and Military Applications is poised for significant growth, driven by the need for clean energy solutions, cost savings, and improved performance.
Companies that invest in fuel cell technology can gain a competitive edge by offering cleaner, more efficient power sources to their customers.

Unpacking the Fuel Cells For Industrial And Mlitary Applications Market Landscape

In the realm of industrial and military power applications, fuel cells have emerged as a promising alternative to traditional power sources. Compared to conventional industrial power systems, fuel cells offer improved system efficiency analysis, with hydrogen fuel processing yielding up to 60% efficiency, contrasting the 40% efficiency of internal combustion

The Coal to Liquid (CTL) fuel market, currently valued at approximately $3425.5 million in 2025, is projected to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 2.2% from 2025 to 2033. This growth is driven by several factors. Firstly, increasing global energy demand and concerns over fossil fuel reliance are prompting exploration of alternative fuel sources. CTL offers a pathway to utilize abundant coal reserves, particularly in regions with significant coal production but limited access to crude oil. Secondly, advancements in CTL technologies, such as improved efficiency in direct and indirect liquefaction processes, are making the production of CTL fuels more economically viable. While environmental concerns regarding greenhouse gas emissions remain a significant restraint, ongoing research and development into carbon capture and storage technologies are aiming to mitigate this impact. The market is segmented by application (Coal to Diesel and Coal to Gasoline) and type of liquefaction process (Direct and Indirect Liquefaction). China, with its vast coal reserves and burgeoning energy needs, is expected to be a key market driver, followed by other regions like North America and parts of the Middle East and Africa. Major players like Shenhua, Sasol Limited, and Linc Energy are actively involved in shaping the market through technological advancements and strategic investments. The segmentation of the CTL fuel market presents distinct opportunities. The Coal to Diesel segment currently holds a larger market share due to its established applications in the transportation sector. However, the Coal to Gasoline segment is expected to witness faster growth driven by the increasing demand for gasoline-powered vehicles, particularly in developing economies. Direct liquefaction, though more expensive, holds the potential for higher efficiency gains and is likely to attract further investment in research and development. Conversely, indirect liquefaction, leveraging existing gasification technology, presents a more commercially mature approach, offering a balance between cost-effectiveness and production capacity. Regional variations in government policies, coal availability, and infrastructure development significantly influence market dynamics. North America, benefiting from existing infrastructure and technological expertise, is anticipated to maintain a significant market presence, whilst Asia-Pacific will experience strong growth due to its extensive coal resources and rising energy demand.

Hong Kong had the highest prices for premium gasoline (95-RON) on August 4, 2025. That day, prices averaged 3.58 U.S. dollars per liter, which was notably more than in any other country. While oil-rich countries enjoy some of the lowest gasoline prices, drivers in big car markets such as Europe pay around two U.S. dollars per liter.

The global market for bipolar plates in hydrogen fuel cell systems is experiencing robust growth, driven by the increasing adoption of fuel cell technology across various sectors. The market, estimated at $2 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 25% from 2025 to 2033, reaching an estimated $10 billion by 2033. This surge is primarily fueled by the expanding demand for clean energy solutions, coupled with stringent emission regulations globally. The automotive industry, particularly commercial vehicles and passenger cars, is a key driver, with both graphite and metal bipolar plates witnessing significant demand. The preference between graphite and metal depends on factors such as cost, performance requirements, and durability. Metal bipolar plates, while more expensive, offer superior conductivity and corrosion resistance, making them ideal for high-performance applications. However, graphite bipolar plates maintain a significant market share due to their lower cost and established manufacturing processes. Further growth is expected from stationary power generation and portable power applications. Challenges such as the high cost of hydrogen production and the need for improved durability and efficiency of fuel cells remain, but ongoing research and development efforts are actively addressing these limitations. Geographical expansion is another key aspect of this market's growth. While North America and Europe currently hold significant market share due to established fuel cell industries and supportive government policies, the Asia-Pacific region, particularly China and India, is demonstrating rapid growth potential. This is attributable to increasing investments in renewable energy infrastructure and the growing awareness of environmental concerns. The competitive landscape is characterized by a mix of established players like Schunk Group and SGL Carbon, alongside emerging companies in China, indicating a dynamic and rapidly evolving market. The continuous innovation in material science and manufacturing processes, focusing on cost reduction and performance enhancement, will further propel market growth in the coming years. The successful integration of hydrogen fuel cell technology across various applications will ultimately determine the market's long-term trajectory.

Ireland, Italy, and Germany had some of the highest household electricity prices worldwide, as of March 2025. At the time, Irish households were charged around 0.45 U.S. dollars per kilowatt-hour, while in Italy, the price stood at 0.43 U.S. dollars per kilowatt-hour. By comparison, in Russia, residents paid almost 10 times less. What is behind electricity prices? Electricity prices vary widely across the world and sometimes even within a country itself, depending on factors like infrastructure, geography, and politically determined taxes and levies. For example, in Denmark, Belgium, and Sweden, taxes constitute a significant portion of residential end-user electricity prices. Reliance on fossil fuel imports Meanwhile, thanks to their great crude oil and natural gas production output, countries like Iran, Qatar, and Russia enjoy some of the cheapest electricity prices in the world. Here, the average household pays less than 0.1 U.S. dollars per kilowatt-hour. In contrast, countries heavily reliant on fossil fuel imports for electricity generation are more vulnerable to market price fluctuations.

The gasoline price in the Philippines continued to fluctuate in 2023 and the first quarter of 2025, reaching 56.34 Philippine pesos per liter in April 2025. The retail price of petrol peaked between May and June 2022.   Which countries supply petroleum products to the Philippines? The refined petroleum products supply in the Philippines is mainly imported from South Korea, which accounts for 31 percent of the total import share. Singapore and China also provide a large share of the country’s petroleum product supply. Due to a dormant oil refining capacity, the production of petroleum refinery products in the Philippines has shown sluggish growth recently, further emphasizing the need for importing such products. Leading petroleum companies in the Philippines Shell Pilipinas Corporation held the highest share of the petroleum market in the Philippines, with a market share of about 16 percent in 2023. The company operated its petroleum refinery until 2020, when it decided to focus on imports. There is only one operating oil refinery in the country, which is run by the second-largest oil company – Petron Corporation.

Bio-based & Synthetic Dimethyl Ether (DME) Market Outlook

The global market size for Bio-based & Synthetic Dimethyl Ether (DME) was valued at approximately USD 8.5 billion in 2023 and is expected to reach USD 14.6 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 6.3% from 2024 to 2032. The growth of this market is driven by the increasing demand for cleaner fuel alternatives and the push towards reducing carbon emissions.

One of the primary growth factors for the bio-based and synthetic DME market is its potential as a clean alternative to conventional fossil fuels. As governments worldwide enforce stricter environmental regulations, there is an increasing shift towards adopting fuels with lower greenhouse gas emissions. DME, whether bio-based or synthetic, burns cleaner than traditional fuels, resulting in lower emissions of particulate matter, nitrogen oxides (NOx), and carbon dioxide (CO2). This makes it an attractive option for transportation and industrial applications, driving significant market growth.

Technological advancements in the production of DME are another crucial factor contributing to market expansion. Innovations in catalytic processes and the development of more efficient and cost-effective methods for synthesizing DME from biomass and other feedstocks have made production more viable and scalable. Research and development efforts are continually seeking to improve the yield and purity of DME, reducing production costs and making it more competitive with conventional fuels. These technological improvements are expected to further propel the market over the forecast period.

The increasing use of DME in various applications, such as transportation fuel, industrial solvents, and aerosol propellants, also fuels market growth. DME's versatility and favorable properties, such as high cetane number, non-toxicity, and ease of liquefaction, make it suitable for a wide range of uses. The transportation sector, in particular, is a significant driver, as DME can be used as a diesel substitute in modified diesel engines, offering similar performance but with lower emissions. This multifaceted utility continues to expand the market's potential applications, enhancing its growth prospects.

From a regional perspective, Asia Pacific holds a substantial share of the global DME market, driven by rapid industrialization and urbanization. Countries like China and India are investing heavily in cleaner energy alternatives to combat severe air pollution issues. North America and Europe are also significant markets for DME, supported by stringent environmental regulations and a strong emphasis on sustainable energy solutions. The Middle East and Africa, along with Latin America, are emerging markets with growing adoption rates, although at a relatively slower pace compared to other regions.

Raw Material Analysis

The raw material segment of the DME market is primarily divided into fossil fuel-based and bio-based sources. Fossil fuel-based DME is derived from natural gas, coal, and methanol, which are traditionally more accessible and cost-effective. Despite the environmental concerns associated with fossil fuels, the established infrastructure for natural gas and coal makes fossil fuel-based DME a viable option for many industrial applications. The stability in supply and the relatively lower cost of production are key factors contributing to the dominance of fossil fuel-based DME in the market.

Conversely, bio-based DME is produced from renewable feedstocks such as agricultural residues, forest biomass, and municipal waste. The growing awareness of sustainability and the need to reduce carbon footprints have driven interest in bio-based DME. Though currently more expensive to produce than fossil fuel-based DME, advancements in biotechnology and process engineering are steadily lowering production costs. Governments and organizations are increasingly supporting bio-based DME through subsidies and incentives, aiming to promote cleaner energy sources and achieve long-term environmental goals.

Fossil fuel-based DME remains particularly popular in regions with abundant natural gas and coal resources. Countries like China and the United States have leveraged their vast fossil fuel reserves to produce DME, supporting local industries and reducing dependence on imported fuels. However, as environmental regulations tighten and the push for renewable energy intensifies, the market share of bio-based DME is expected to grow, particularly in Europe and North America, where sustainability initiatives ar

CNG Fueling Station Equipment Market Outlook

The global CNG fueling station equipment market size was valued at approximately USD 2.5 billion in 2023 and is projected to reach around USD 4.8 billion by 2032, growing at a CAGR of 7.2% from 2024 to 2032. This market expansion is driven by the increasing adoption of natural gas vehicles (NGVs) due to their environmental benefits and cost efficiency. Factors such as the rising prices of conventional fuels, government incentives for NGVs, and the growing awareness of the need to reduce carbon emissions are significantly contributing to this growth.

One of the primary growth factors for the CNG fueling station equipment market is the increasing environmental concerns and stringent emission regulations. Governments worldwide are implementing strict policies to combat air pollution and reduce greenhouse gas emissions. Compressed Natural Gas (CNG) is recognized as a cleaner alternative to traditional gasoline and diesel fuels, emitting significantly fewer pollutants. This has led to a surge in the adoption of NGVs, which in turn is driving the demand for CNG fueling station equipment. For instance, countries like India and China are witnessing rapid growth in CNG vehicle adoption due to regulatory support and subsidies.

Another crucial driver of market growth is the economic advantages of CNG over conventional fuels. CNG is generally less expensive than gasoline and diesel, providing substantial fuel cost savings for both private and commercial vehicle owners. As fuel prices continue to fluctuate, the economic stability offered by CNG makes it an attractive option. This cost-effectiveness is particularly important for commercial fleets, which can achieve significant savings in operational costs over time. The long-term affordability of CNG is encouraging fleet operators and individual consumers to transition to CNG vehicles, thereby bolstering the need for CNG fueling infrastructure.

Technological advancements and innovations in CNG fueling station equipment are also playing a vital role in market development. The introduction of advanced compressors, dispensers, and storage systems has enhanced the efficiency and reliability of CNG fueling stations. Innovations such as fast-fill and time-fill technologies cater to different customer needs, providing quicker and more convenient fueling options. Furthermore, the integration of IoT and smart technologies in CNG stations enables better monitoring, control, and maintenance, reducing downtime and operational costs. These advancements are making CNG fueling stations more appealing to operators and investors, further driving market growth.

Regionally, the Asia Pacific region is anticipated to witness the highest growth in the CNG fueling station equipment market. Countries like India, China, and Pakistan are leading the adoption of CNG vehicles due to supportive government policies and increasing environmental awareness. North America and Europe are also significant markets, driven by stringent emission norms and the presence of established NGV infrastructure. The Middle East & Africa and Latin America regions are expected to show moderate growth, with increasing investments in CNG infrastructure and rising awareness about the benefits of NGVs.

Component Analysis

The CNG fueling station equipment market is segmented by components into compressors, dispensers, storage systems, and others. Compressors are a critical component in CNG fueling stations as they are responsible for compressing natural gas to the desired pressure for vehicle fueling. The advancements in compressor technology, such as increased efficiency and reduced energy consumption, are driving their demand. Additionally, the durability and reliability of compressors are crucial for the smooth operation of CNG stations, making them a significant investment for station operators.

Dispensers are another essential component of CNG fueling stations. They are responsible for delivering compressed natural gas to vehicles and are equipped with various safety and control features. The development of user-friendly, fast-fill dispensers has improved the customer experience, making CNG fueling more convenient and efficient. The growing emphasis on safety standards and regulatory compliance is also boosting the demand for advanced dispensers, which offer precise measurement and control during the fueling process.

Storage systems play a vital role in maintaining an adequate supply of compressed natural gas at fueling stations. These systems include high-pressure storage cylinders that