Market revenue in 2023 | USD 5,841.6 million |
Market revenue in 2050 | USD 555,669.5 million |
Growth rate | 18.4% (CAGR from 2023 to 2050) |
Largest segment | E-diesel |
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, 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.
E-diesel was the largest segment with a revenue share of 21.16% in 2023. Horizon Databook has segmented the Italy e fuel market based on e-diesel, ethanol, hydrogen, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.
According to The International Trade Administration, as of 2022, Italy holds the third position in Europe for both power usage and the generation of energy from renewable sources. It's noteworthy that Italy is among the 14 EU countries that have met their 2020 renewables target, surpassing it with a renewables percentage of 18.2% compared to the 17.0% goal.
The total installed power capacity originating from renewable sources in Italy reaches 58 GW. In addition, as a part of the National Resilience and Recovery Plan (NRRP), Italy has allocated USD 73.9 billion to promote renewable energy initiatives from 2021 to 2026. Such favorable government initiatives taking place in the country are expected to boost the demand for e-fuels over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy e fuel market , including forecasts for subscribers. This country databook contains high-level insights into Italy e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
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