Global E Fuel Market Size & Outlook

The e fuel industry worldwide is expected to reach a projected revenue of US$ 13,316,179.3 million by 2050. A compound annual growth rate of 18.9% is expected of the worldwide e fuel industry from 2024 to 2050.

Revenue, 2023 (US$M)
$124,949.3
Forecast, 2050 (US$M)
$13,633,947.2
CAGR, 2024 - 2050
19%
Report Coverage
Worldwide

Global e fuel market highlights

  • The global e fuel market generated a revenue of USD 124,949.3 million in 2023 and is expected to reach USD 13,633,947.2 million by 2050.
  • The market is expected to grow at a CAGR (2024 - 2050) of 19% by 2050.
  • In terms of segment, ethanol accounted for a revenue of USD 33,041.0 million in 2023.
  • E-Kerosene is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2050.

Global data book summary

Market revenue in 2023USD 124,949.3 million
Market revenue in 2050USD 13,633,947.2 million
Growth rate19% (CAGR from 2023 to 2050)
Largest segmentEthanol
Fastest growing segmentE-Kerosene
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2050
Quantitative unitsRevenue in USD million
Market segmentationE-Diesel, E-Gasoline, Ethanol, E-Methane, Hydrogen, E-Kerosene, E-Methanol

Other key industry trends

  • In terms of revenue, the North America accounted for 27.8% of the global e fuel market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2050.
  • By country, South Africa is the fastest growing regional market and is projected to reach USD 11,874.9 million by 2050.

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E Fuel Market Companies

Name Profile # Employees HQ Website

Global e fuel 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 e fuel market will help companies and investors design strategic landscapes.


ethanol was the largest segment with a revenue share of 26.44% in 2023. Horizon Databook has segmented the Global e fuel market based on e-diesel, e-gasoline, ethanol, e-methane, hydrogen, e-kerosene, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.


  • Global E Fuel Product Outlook (Revenue, USD Million, 2018-2050)
    • E-Diesel
    • E-Gasoline
    • Ethanol
    • E-Methane
    • Others
    • Hydrogen
    • E-Kerosene
    • E-Methanol
  • Global E Fuel State Outlook (Revenue, USD Million, 2018-2050)
    • Liquid
    • Gas
  • Global E Fuel Production Method Outlook (Revenue, USD Million, 2018-2050)
    • Power-to-Liquid
    • Power-to-Gas
    • Gas-to-Liquid
    • Biologically derived fuels
  • Global E Fuel Technology Outlook (Revenue, USD Million, 2018-2050)
    • Hydrogen technology (Electrolysis)
    • Fischer-Tropsch
    • Reverse-Water-Gas-Shift (RWGS)
  • Global E Fuel End Use Outlook (Revenue, USD Million, 2018-2050)
    • Automotive
    • Marine
    • Industrial
    • Railway
    • Aviation
    • Others
  • Global E Fuel Carbon Source Outlook (Revenue, USD Million, 2018-2050)
    • Point source
      • Smokestack
      • Gas well
    • Direct Air Capture
  • Global E Fuel Carbon Capture Type Outlook (Revenue, USD Million, 2018-2050)
    • Post-combustion
    • Pre-combustion

Reasons to subscribe to Global e fuel market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
  • Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
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  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Global e fuel market databook

  • Our clientele includes a mix of e fuel market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 global-level data and insights on the Global e fuel market , including forecasts for subscribers. This global databook contains high-level insights into Global e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.

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Global e fuel market statistics, by regions, 2018-2050 (US$M)

Top 10 countries: E fuel market size, 2023 (USD Million)

Top 10 countries: E fuel market size, 2023 (USD Million)

Global e fuel market, by region, 2023 (US$M)

Global e fuel market statistics, by regions, 2018-2050 (US$M)

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