Argentina E Fuel Market Size & Outlook, 2023-2050
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Argentina e fuel market highlights
- The Argentina e fuel market generated a revenue of USD 825.4 million in 2023 and is expected to reach USD 95,372.5 million by 2050.
- The Argentina market is expected to grow at a CAGR of 19.2% from 2024 to 2050.
- In terms of segment, hydrogen 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 825.4 million |
| Market revenue in 2050 | USD 95,372.5 million |
| Growth rate | 19.2% (CAGR from 2023 to 2050) |
| Largest segment | Hydrogen |
| Fastest growing segment | E-Methanol |
| 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 |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% 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 Latin America, Brazil e fuel market is projected to lead the regional market in terms of revenue in 2050.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 95,372.5 million by 2050.
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E Fuel Market Scope
E Fuel Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina 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.
Hydrogen was the largest segment with a revenue share of 8.66% in 2023. Horizon Databook has segmented the Argentina e fuel market based on ethanol, hydrogen, e-methanol covering the revenue growth of each sub-segment from 2018 to 2050.
The renewable fuels market is witnessing significant growth in Argentina owing to increased government support for scaling up the production of e-fuels in the country. According to the Department of Agriculture, bioethanol consumption in the country was recorded at 1.1 billion liters in 2022 owing to the combination of higher blend rate and increased demand for gasoline in the country. The demand for gasoline directly affects the demand for bioethanol as both fuels are often blended for further use.
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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 Argentina 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 Argentina e fuel market , including forecasts for subscribers. This country databook contains high-level insights into Argentina e fuel market from 2018 to 2050, including revenue numbers, major trends, and company profiles.
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Argentina e fuel market size, by product, 2018-2050 (US$M)
Argentina E Fuel Market Outlook Share, 2023 & 2050 (US$M)
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