E-fuels are in the form of synthetic fuels that are generally produced by storing electrical energy from renewable sources. These are produced in the form of liquid or gaseous state and are created with the support of CO2, electricity, renewable energy, and water. The production of E-fuel does not need any large space and does not pollute the environment.
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The factors attributing to the growth of the market include the growth of the automobile sector due to increasing urbanization and industrialization. According to National Investment Promotion and Facilitation Agency, India is forecasted to be the third-largest passenger vehicle market by 2021 globally. The sales of the passenger vehicle market in 2018-19 increased by 2.70%. Additionally in 2019, the automobile exports also grew by 14.50%.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global EFuel market By Fuel Type
- E-Diesel
- E/Synthetic Gasoline
- Synthetic Ethanol
- Hydrogen
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Archer Daniels Midland Co. (ADM)
- AUDI AG
- Ballard Power Systems Inc.
- Carbon Recycling International (CRI)
- Ceres Power Holding Plc
- Clean Fuel USA
- Climeworks AG
- E-Fuel Corp.
- EnergieDienst Holding AG
- Flint Hills Resources LP
- Fuel cell Energy Inc.
- Green Plains Inc.
- Honda Motor Co. Ltd.
- Hydrogenics Corp.
- Ineratec GmbH
- Plug Power Inc.
- SFC Energy AG4
- Sunfire GmbH
- The Viessmann Group
- Toyota Motor Corp.
- Valero Energy Corp.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global E-fuel market
- Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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