The global e-fuel market, valued at USD 132.32 billion in 2024, is projected to grow at a compound annual growth rate (CAGR) of 24.5% from 2025 to 2034, driven by the urgent need to decarbonize hard-to-abate sectors such as aviation, shipping, and heavy-duty transport. E-fuels—also known as synthetic or electrofuels—are carbon-neutral liquid fuels produced by combining captured...
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