The US E-Fuel market is anticipated to grow at a CAGR 20.9% during the forecast period. The US market is dominating due to factors such as investments in R&D and high per-capita income of the population. The transportation accounts for the most carbon emission than any other sector in the US. Therefore, the advanced technological sector of the country has started the development of e-fuel based vehicles in the market. According to the Sierra Club, in the US, the sales of electric vehicles in 2018 have rose to nearly 90% from the sales in 2017. Furthermore, it is expected that nearly one million electric vehicles will be on road in the US by the end of 2018.
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Vehicle manufacturers are offering fuel cell electric vehicles (FCEVs) to consumers living in the regions where hydrogen stations exist. According to the Alternative Fuels Data Center (AFDC), California is one of the leading nations in the US, providing funding and building hydrogen fueling stations for FCEVs. Moreover, there was around 35 retail hydrogen fueling stations open in California by September 2018.Moreover, California has introduced a zero-emissions vehicle (ZEV) programme, under which the government grants support for the roll-out of electric vehicles in the US.
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- Market Coverage
- Market number available for – 2019-2025
- Base year- 2019
- Forecast period- 2020-2025
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
US E-Fuel Market by Fuel Type
- E Diesel
- E Gasoline
- Ethanol
- Hydrogen
US E-Fuel Market by Application
- Portable
- Stationary
- Transportation
US E-Fuel Market by State of Fuel
- Liquid Fuel
- Gas Fuel
Company Profiles
- Ballard Power Systems Inc.
- Clean Fuel USA
- E-Fuel Corp
- Flint Hills Resources LP
- Fuel cell Energy Inc.
- Green Plains Inc.
- Hydrogenics Corp.
- Plug Power Inc.
- POET LLC
- Valero Energy Corp.
The Report Covers
- Comprehensive research methodology of the US E-Fuel market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US E-Fuel market.
- Insights about market determinants which are stimulating the US E-Fuel market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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