E-Fuels Market Poised for Remarkable Expansion: Forecasts 32.5%...

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2024-01-22 11:02:56

E-Fuels Market Poised for Remarkable Expansion: Forecasts 32.5% CAGR, Targeting USD 37.28 Billion by 2029

The estimated value of the global e-fuels market is USD 5.20 billion in 2022. From 2023 to 2029, it is expected to grow at a substantial rate of 32.5% CAGR, or almost USD 37.28 billion. E-fuels are produced by the power-to-liquid (PtL) process, which uses renewable energy sources like solar and wind power. The process begins with electrolysis, which turns renewable electricity into hydrogen....

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