Press release
E-Fuels Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth
E-Fuels
How Large Will the E-Fuels Market Size By 2025?
In recent times, there has been a significant expansion in the size of the e-fuels market. Its growth is projected to escalate from $6.69 billion in 2024 to $8.97 billion in 2025, at a compound annual growth rate (CAGR) of 34.0%. This growth during the historic period can be traced back to positive government policies advocating the use of e-fuels, environmental cognizance, energy security issues, and the increase in the renewable energy sector.
How Big Is the E-Fuels Market Size Expected to Grow by 2029?
In the coming years, a significant increase is expected in the size of the e-fuels market. It is projected to amplify to a value of $25.2 billion by 2029, with a compound annual growth rate (CAGR) of 29.5%. The predicted growth in this period is due to the transition towards eco-friendly transportation, heightened consciousness about climate change, expansion in renewable energy infrastructure, policies related to energy transformation, and initiatives supporting corporate sustainability. Predominant trends during the forecast period involve technological advancements, product innovations, considerable financial investments, and strategic collaborations.
View the full report here:
https://www.thebusinessresearchcompany.com/report/e-fuels-global-market-report
Which Key Market Drivers Powering E-Fuels Market Expansion and Growth?
The burgeoning need within the automobile industry is projected to fuel the expansion of the e-fuels market in the future. This sector includes firms and activities related to the design, development, manufacture, and other associated operations of motor vehicles. With factors such as enhanced fuel efficiency, autonomous driving features, and consumers shifting towards mobility solutions, the demand for automobiles remains steady. E-fuels offer an effective way to reduce emissions from Internal Combustion Engine (ICE) vehicles, and to resolve decarbonization issues in certain sectors where electrification isn't yet viable. For example, during December of 2023, the India Brand Equity Foundation (IBEF), a government agency based in India, reported that the combined production of passenger vehicles, three-wheelers, two-wheelers, and quadricycles amounted to 2.22 million units. Moreover, in November 2023, the total sales of passenger vehicles stood at 3,34,130, an increase of 3.7% from November 2022. Therefore, the flourishing automobile industry is propelling the e-fuels market's growth.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14338&type=smp
Which Fast-Growing Trends Are Poised to Disrupt the E-Fuels Market?
Market leaders in the e-fuels industry are responding to rising global demand by pioneering cutting-edge technologies like UOP eFining technology, strategically aimed at boosting their market revenues. This revolutionary technology is crafted to generate low-carbon sustainable aviation fuel (SAF) through a methanol-to-jet fuel (MTJ) process. Take Honeywell International Inc., a U.S.-based manufacturing corporation, for example, which introduced the UOP eFining technology in May 2023. This technology is a readily available answer for producing low-carbon SAF. It incorporates a high level of flexibility in processing different feedstocks with commercially proven methods, thereby ensuring operational dependability, reduced capital costs, and lowered energy intensity. The eFining technology has the potential to cut down greenhouse gas (GHG) emissions by 88% when compared with standard jet fuel.
What Are the Emerging Segments in the E-Fuels Market?
The e-fuels market covered in this report is segmented -
1) By Product: E-Diesel, E-Gasoline, Ethanol, Hydrogen, E-Kerosene, E-Methane, E-Methanol, Other Products
2) By Technology: Hydrogen Technology, Fischer-Tropsch, Reverse-Water-Gas-Shift (RWGS)
3) By State: Liquid, Gas
4) By End-Use: Automotive, Marine, Industrial, Railway, Aviation, Other End-Users
Subsegments:
1) By E-Diesel: Low-Carbon E-Diesel, Renewable E-Diesel, Synthetic E-Diesel
2) By E-Gasoline: Synthetic E-Gasoline, Bio-Based E-Gasoline
3) By Ethanol: Renewable Ethanol, Synthetic Ethanol
4) By Hydrogen: Green Hydrogen, Blue Hydrogen, Grey Hydrogen
5) By E-Kerosene: Sustainable Aviation Fuel (SAF), Renewable E-Kerosene
6) By E-Methane: Biomethane-Based E-Methane, Synthetic E-Methane
7) By E-Methanol: Bio-Based E-Methanol, Synthetic E-Methanol
8) By Other Products: E-LPG, E-Butanol, E-DME (Dimethyl Ether), E-Propane
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14338&type=smp
Who Are the Global Leaders in the E-Fuels Market?
Major companies operating in the e-fuels market are Saudi Arabian Oil Company, ExxonMobil Corporation, Shell plc, Chevron Corporation, Archer Daniels Midland Co., Engie Energy International, Neste Oyj, Audi AG, CHS Inc., Porsche AG, Siemens Energy AG, Rolls-Royce Holdings plc, NEOM Green Hydrogen company, Enel Green Power S.p.A., MAN Energy Solutions, Ballard Power Systems Inc., Sunfire GmbH, Hexagon Agility Inc., INERATEC GmbH, Mabanaft GmbH & Co.KG, Ballard Power Systems Inc., Climeworks AG, Ceres Power Holding Plc, FuelCell Energy Inc., Arcadia eFuels
Which are the Top Profitable Regional Markets for the E-Fuels Industry?
Europe was the largest region in the e-fuels market in 2024. The regions covered in the e-fuels market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14338
"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release E-Fuels Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth here
News-ID: 4122755 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Fuel
Fuel Cell Market to Expand Significantly by 2024 | Horizon Fuel Cell Technologie …
The "Fuel Cell Market" intelligence report, just published by USD Analytics, covers insurers' micro-level study of important market niches, product offers, and sales channels. In order to determine market size, potential, growth trends, and competitive environment, the Fuel Cell Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study…
Electronic Fuel Management System Market Share and Future Forecast 2022 to 2028 …
The global Electronic Fuel Management System market revenue is expected to register a CAGR of 8.8% during the forecast period.
Latest Study on Industrial Growth of Electronic Fuel Management System Market 2022-2028. A detailed study accumulated to offer current insights about important features of the Electronic Fuel Management System market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, value chain optimization, price, and other substantial factors. While emphasizing…
Marine Gensets Market: Information by Vessel Type (Commercial Vessel, Defense Ve …
A marine genset is a power unit generator that supplies electricity to ships. It offers reliable and fuel-efficient electric power generation for onboard power, emergency gensets, and diesel-electric propulsion. It can be fueled by gas, diesel, hybrid fuel, and others. It has application in offshore commercial vessels, defense vessels, and offshore vessels, among others. Nowadays, most of the marine gensets are fueled by diesel. However, the introduction of alternative fuels…
Fuel Card Market to 2027 - Global Analysis and Forecasts By Type (Branded Fuel C …
The global fuel card market is estimated to account US$ 6.29 Bn in 2018 and is expected to grow at a CAGR of 5.8% during the forecast period 2019 – 2027, to account to US$ 10.39 Bn by 2027.
Request Sample Pages of “Fuel Card Market” Research Report @ www.theinsightpartners.com/sample/TIPRE00003099/?utm_source=openpr&utm_medium=10387
Fuel Card Market: Key Insights
Fuel Card Market Size 2021, by manufacturer, region, types, and application, forecast till 2028 is analyzed and researched on…
Clean Fuel Technology Market – Development Assessment 2025 | Clean Fuel Develo …
Global Clean Fuel Technology Market: Overview
Clean technology in general implies the use of any service, product, or system that has as little of a negative impact on the environment as possible. Aspects of clean technology include the conservation of energy, sustainable resources, and clean sources of fuels. Clean fuels can refer to the use of renewable fuels such as biogas, or also blended fuels such as fossil fuels with renewable…
Fuel Cell Interconnectors Market By Product Type Ceramic based, Metal based; By …
Global Fuel Cell Interconnectors Market Introduction
A fuel cell is a battery that generates electricity through an electrochemical reaction where the fuel cell interconnector is a layer made up of either ceramic or metallic material, which combines the electricity generated by each individual cell. Fuel cell interconnectors are placed between each individual cell to connect the cells in the series. Ceramic fuel cell interconnectors are more suitable for high-temperature working conditions…
