Market revenue in 2023 | USD 825.4 million |
Market revenue in 2050 | USD 95,372.5 million |
Growth rate | 19.2% (CAGR from 2023 to 2050) |
Largest segment | Hydrogen |
Fastest growing segment | E-Methanol |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2050 |
Quantitative units | Revenue in USD million |
Market segmentation | Ethanol, Hydrogen, E-Methanol |
Key market players worldwide | Archer-Daniels Midland Co, Ballard Power Systems Inc, Ceres Power Holdings PLC, Hexagon Composites ASA, Neste OYJ, Clean Fuels Alliance America, Climeworks, EFUEL |
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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.
Hydrogen was the largest segment with a revenue share of 8.66% in 2023. Horizon Databook has segmented the Argentina e fuel market based on ethanol, hydrogen, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.
The renewable fuels market is witnessing significant growth in Argentina owing to increased government support for scaling up the production of e-fuels in the country. According to the Department of Agriculture, bioethanol consumption in the country was recorded at 1.1 billion liters in 2022 owing to the combination of higher blend rate and increased demand for gasoline in the country. The demand for gasoline directly affects the demand for bioethanol as both fuels are often blended for further use.
Horizon Databook provides a detailed overview of country-level data and insights on the Argentina e fuel market , including forecasts for subscribers. This country databook contains high-level insights into Argentina e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
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