Market revenue in 2023 | USD 10,574.7 million |
Market revenue in 2050 | USD 1,340,791.0 million |
Growth rate | 19.6% (CAGR from 2023 to 2050) |
Largest segment | Ethanol |
Fastest growing segment | E-Methanol |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2050 |
Quantitative units | Revenue in USD million |
Market segmentation | E-Diesel, E-Gasoline, Ethanol, E-Methane, 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 |
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
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 32.81% in 2023. Horizon Databook has segmented the China e fuel market based on e-diesel, e-gasoline, ethanol, e-methane, hydrogen, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.
In July 2022, the Chinese government set a target to reach renewable fuel capacity of 10 million tons by 2030. To reach this goal, the government has implemented a series of policies and incentives to promote the development and deployment of e-fuel technologies. For instance, the Renewable Energy Law provides financial incentives for the production of renewable fuels from biomass and waste.
In addition, the country is supporting active research & development of new technologies for the production of e-fuels. For instance, in April 2022, China invested USD 546.0 billion in the development of clean fuels in Wenling, Taizhou City. Such developments and investments taking place in the country are propelling the demand for e-fuels in the country over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the China e fuel market , including forecasts for subscribers. This country databook contains high-level insights into China e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account