PUBLISHER: Value Market Research | PRODUCT CODE: 1392225
PUBLISHER: Value Market Research | PRODUCT CODE: 1392225
The global demand for E-fuels Market is presumed to reach the market size of nearly USD 498.91 BN by 2030 from USD 115.26 BN in 2022 with a CAGR of 20.1% under the study period 2023 - 2030.
E-fuels, short for 'electro-fuels' or 'synthetic fuels,' refer to synthetic fuels produced through the conversion of electricity, water, and carbon dioxide (CO2) into liquid or gaseous fuels such as hydrogen, synthetic methane, or synthetic liquid hydrocarbons.
The E-fuels market is propelled by various factors shaping the energy landscape. The global drive to scale down carbon emissions and combat climate change fosters the demand for low-carbon or carbon-neutral fuels. E-fuels, produced using renewable energy sources and capturing CO2, align with these decarbonization goals, particularly in sectors challenging to electrify directly, such as aviation, shipping, and heavy transport. The increasing deployment of renewable energy, coupled with surplus electricity production, provides an opportunity to utilize excess energy for e-fuel production, supporting grid balancing and energy storage. Advancements in electrolysis, carbon capture, and synthetic fuel production technologies contribute to the viability and scalability of E-fuels, driving market growth. Supportive policies, regulations, industry collaborations, and anticipated market demand for sustainable fuels further stimulate investments and innovation in the E-fuels market. It serves as a transitional solution during the global energy transition, offering a renewable alternative to fossil fuels in sectors where immediate electrification is challenging, positioning them as a promising avenue in the pursuit of a low-carbon future.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of e-fuels. The growth and trends of e-fuels industry provide a holistic approach to this study.
This section of the e-fuels market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the E-fuels market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the E-fuels market include Archer Daniels Midland Co., Audi AG, Ballard Power Systems, Inc., Carbon Recycling International, Ceres Power Holding Plc, Clean Fuels Alliance America, Climeworks AG, E-Fuel Corporation, eFuel Pacific Limited, FuelCell Energy Inc., Hexagon Agility, INFRA Synthetic Fuels Inc., MAN Energy Solutions, Neste, Norsk e-Fuel AS, Porsche, Rolls-Royce plc, Sunfire GmbH
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