E-Fuels Market Poised for Accelerated Growth to USD 49.4 Billion by 2030, with E-Ammonia Leading Demand in Renewable Energy Transition - ResearchAndMarkets.com
The global e-fuels market is estimated to grow from USD 6.2 Billion in 2023 to USD 49.4 Billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period.
- The global e-fuels market is estimated to grow from USD 6.2 Billion in 2023 to USD 49.4 Billion by 2030; it is expected to record a CAGR of 34.5% during the forecast period.
- Furthermore, the increased use of electric vehicles, as well as the necessity for backup energy sources to supplement renewable energy networks, is driving the expansion of the e-fuel industry.
- Based on fuel type, the e-fuel market has been split into six types: e-methane, e-kerosene, e-methanol, e-ammonia, e-diesel, and e-gasoline.
- Consequently, the clean energy transition is reshaping the energy landscape and driving demand for e-fuels.