UK Alternative Fuels Market Size & Outlook, 2025-2030
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UK alternative fuels market highlights
- The UK alternative fuels market generated a revenue of USD 9.1 million in 2024 and is expected to reach USD 18.3 million by 2030.
- The UK market is expected to grow at a CAGR of 12.6% from 2025 to 2030.
- In terms of segment, hydrogen was the largest revenue generating type in 2024.
- Hydrogen is the most lucrative type segment registering the fastest growth during the forecast period.
Alternative fuels market data book summary
| Market revenue in 2024 | USD 9.1 million |
| Market revenue in 2030 | USD 18.3 million |
| Growth rate | 12.6% (CAGR from 2025 to 2030) |
| Largest segment | Hydrogen |
| Fastest growing segment | Hydrogen |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Gas, Biodiesel, Ethanol, Hydrogen |
Other key industry trends
- In terms of revenue, UK accounted for 3.1% of the global alternative fuels market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany alternative fuels market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 15.1 million by 2030.
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Alternative Fuels Market Scope
Alternative Fuels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gushan Environmental Energy | View profile | - | Foochow, Fujian, China, Asia | - |
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Cosan SA ADR | View profile | 11181 | Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, Brazil, 04538-132 | https://www.cosan.com.br |
| Neste OYJ | View profile | 5942 | Keilaranta 21, P.O. Box 95, Neste, Espoo, Finland, 00095 | https://www.neste.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
UK alternative fuels market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to alternative fuels market will help companies and investors design strategic landscapes.
Hydrogen was the largest segment with a revenue share of 31.87% in 2024. Horizon Databook has segmented the UK alternative fuels market based on natural gas, biodiesel, ethanol, hydrogen covering the revenue growth of each sub-segment from 2018 to 2030.
The UK alternative fuels market is expanding rapidly, fueled by government policies and technological advancements. The UK’s commitment to reaching net-zero emissions by 2050 and banning petrol and diesel car sales by 2030 has significantly boosted the demand for alternative fuels, especially in the automotive sector.
Investments in electric vehicles, hydrogen, and biofuels are growing, with major manufacturers such as Nissan and Jaguar Land Rover leading the way. The UK government’s support for clean energy initiatives, including funding for EV infrastructure and green hydrogen production, is further accelerating the market’s growth. These developments are positioning the UK as a key player in Europe’s transition to alternative fuels.
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Target buyers of UK alternative fuels market databook
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Our clientele includes a mix of alternative fuels market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK alternative fuels market , including forecasts for subscribers. This country databook contains high-level insights into UK alternative fuels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK Type - Alternative Fuels Market size, 2024 - 2030 (US$M)
UK Alternative Fuels Market Outlook Share, 2024 & 2030 (US$M)
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