Market revenue in 2023 | USD 1,777.9 million |
Market revenue in 2050 | USD 195,956.2 million |
Growth rate | 19% (CAGR from 2023 to 2050) |
Largest segment | Hydrogen |
Fastest growing segment | Ethanol |
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 8.59% in 2023. Horizon Databook has segmented the Brazil e fuel market based on ethanol, hydrogen, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.
The e-fuels market in Brazil is currently experiencing substantial growth, primarily driven by proactive government policies and initiatives. For example, the passage of Complementary Bill Number 194 in June 2022 was issued by the Brazilian government. This bill played a pivotal role by eliminating state import taxes on various e-fuels, including e-gasoline and ethanol.
As a result of this policy change, the demand for these eco-friendly fuels witnessed a remarkable upswing across the country. For instance, as per the U.S. Department of Agriculture, in 2022, the total production of renewable ethanol recorded 31.66 billion liters, with an increase of 6% from 2021. These factors support market growth in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil e fuel market , including forecasts for subscribers. This country databook contains high-level insights into Brazil e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
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