Europe Alternative Fuels Market Size & Outlook, 2025-2030
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Europe alternative fuels market highlights
- The Europe alternative fuels market generated a revenue of USD 59.2 million in 2024.
- The market is expected to grow at a CAGR of 10.6% from 2025 to 2030.
- In terms of segment, natural gas was the largest revenue generating type in 2024.
- Hydrogen is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Spain is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 59.2 million |
| Market revenue in 2030 | USD 107.6 million |
| Growth rate | 10.6% (CAGR from 2025 to 2030) |
| Largest segment | Natural gas |
| Fastest growing segment | Hydrogen |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Natural Gas, Biodiesel, Ethanol, Hydrogen |
Other key industry trends
- In terms of revenue, Europe region accounted for 20.1% of the global alternative fuels market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 107.6 million by 2030.
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Alternative Fuels Market Scope
Alternative Fuels Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gushan Environmental Energy | View profile | - | Foochow, Fujian, China, Asia | - |
| ExxonMobil | View profile | 10001+ | Irving, Texas, United States, North America | https://corporate.exxonmobil.com |
| Archer Daniels Midland Company | View profile | 1001-5000 | Chicago, Illinois, United States, North America | http://www.adm.com |
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| Cosan SA ADR | View profile | 11181 | Avenue Brigadeiro Faria Lima, 4100 / 15th Floor Itaim Bibi, Sao Paulo, SP, Brazil, 04538-132 | https://www.cosan.com.br |
| Neste OYJ | View profile | 5942 | Keilaranta 21, P.O. Box 95, Neste, Espoo, Finland, 00095 | https://www.neste.com |
| INEOS | View profile | 10001+ | Rolle, Geneve, Switzerland, Europe | http://www.ineos.com/ |
| BP PLC | View profile | 87800 | 1 St James's Square, London, United Kingdom, SW1Y 4PD | https://www.bp.com |
| Sasol Ltd | View profile | 29073 | 50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, South Africa, 2196 | https://www.sasol.com |
| DuPont de Nemours Inc | View profile | 24000 | 974 Centre Road, Building 730, Wilmington, DE, United States, 19805 | https://www.dupont.com |
Europe alternative fuels 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 alternative fuels market will help companies and investors design strategic landscapes.
Natural gas was the largest segment with a revenue share of 30.57% in 2024. Horizon Databook has segmented the Europe alternative fuels market based on natural gas, biodiesel, ethanol, hydrogen covering the revenue growth of each sub-segment from 2018 to 2030.
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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 Europe alternative fuels market databook
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Our clientele includes a mix of alternative fuels 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 continent-level data and insights on the Europe alternative fuels market , including forecasts for subscribers. This continent databook contains high-level insights into Europe alternative fuels market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe alternative fuels market size, by country, 2018-2030 (US$M)
Europe Alternative Fuels Market Outlook Share, 2024 & 2030 (US$M)
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