Mexico E Fuel Market Size & Outlook, 2023-2050
Mexico e fuel market, 2018-2050 (US$M)
Related Markets
Mexico e fuel market highlights
- The Mexico e fuel market generated a revenue of USD 2,849.3 million in 2023 and is expected to reach USD 345,771.1 million by 2050.
- The Mexico market is expected to grow at a CAGR of 19.5% from 2024 to 2050.
- In terms of segment, ethanol was the largest revenue generating product in 2023.
- E-Methanol is the most lucrative product segment registering the fastest growth during the forecast period.
E fuel market data book summary
| Market revenue in 2023 | USD 2,849.3 million |
| Market revenue in 2050 | USD 345,771.1 million |
| Growth rate | 19.5% (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-Kerosene, 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 |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global e fuel market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2050.
- In North America, U.S. e fuel market is projected to lead the regional market in terms of revenue in 2050.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 3,462,302.7 million by 2050.
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E Fuel Market Scope
E Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 29.71% in 2023. Horizon Databook has segmented the Mexico 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.
Mexico has significant potential for generating electricity from various renewable fuels. The government of Mexico has considered numerous scenarios to quantify the country’s potential for development in renewable energy. According to the International Trade Administration, in 2021, the country accounted for power generation of 328,597.98 GWh, out of which 29.5% was powered by clean fuels.
Although majority of the electricity generation was from fossil fuels, the prevalence of renewable fuels such as ediesel, e-kerosene, and others is expected to create lucrative growth opportunities for the e-fuel market in the near future.
Reasons to subscribe to Mexico e fuel market databook:
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Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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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 Mexico e fuel market databook
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Our clientele includes a mix of e fuel market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 country-level data and insights on the Mexico e fuel market , including forecasts for subscribers. This country databook contains high-level insights into Mexico e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico e fuel market size, by product, 2018-2050 (US$M)
Mexico E Fuel Market Outlook Share, 2023 & 2050 (US$M)
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