Biologically Derived Fuels - E Fuel Market Statistics
The global biologically derived fuels e fuel market size was valued at US$ 17,388.8 million in 2023 and is estimated to grow at a compound annual growth rate (CAGR) of 16.7% from 2023 to 2050.
Related Statistics
Biologically derived fuels - E fuel market highlights
- The global biologically derived fuels segment generated a revenue of USD 17,388.8 million in 2023 and is expected to reach USD 1,121,597.5 million by 2050.
- The market is expected to grow at a CAGR (2024 - 2050) of 16.8% by 2050.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2050.
Market summary
| Market revenue in 2023 | USD 17,388.8 million |
| Market revenue in 2050 | USD 1,121,597.5 million |
| Growth rate | 16.8% (CAGR from 2024 to 2050) |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2050 |
| Quantitative units | Revenue in USD million |
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