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E-Kerosene Market Share

Report ID: GMI11613
Published Date: Sep 2024
Report Format: PDF

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E-kerosene Market Share

E – Kerosene Company Market Share Analysis, 2023

Ballard Power Systems, Inc., ExxonMobil, HIF Global, Climeworks, and Norsk e-fuel are among the key players in the e-kerosene industry. Strategic partnerships and collaborations are essential for the development and commercialization of e-kerosene. Automakers, energy companies, technology providers, and governments are joining forces to advance research, exchange expertise, and create integrated supply chains, driving the progress and adoption of e-kerosene technology.

E-Kerosene Market Companies

Major key players operating across the e-kerosene industry are:

Arcadia eFuels
Archer Daniels Midland
Ballard Power Systems
Ceres Power Holding
Clean Fuels Alliance America
Climeworks
eFuel Pacific
Electrochaea
ExxonMobil
FuelCell Energy
HIF Global
INERATEC
LanzaJet
Liquid Wind
Norsk E-Fuel
Porsche
Sunfire
Synhelion

Authors: Ankit Gupta, Shashank Sisodia

Frequently Asked Questions (FAQ) :

The global market for e-kerosene will cross USD 8.4 billion by 2032 and is set to grow at a CAGR of over 32.9% from 2024 to 2032, driven by increasing concerns over decarbonization in the aviation sector and supportive government policies and incentives.

The automotive sector is expected to see significant growth in the adoption of e-kerosene, with an estimated CAGR of over 33% through 2032. due to the sector's shift towards sustainable fuels, especially for heavy-duty and long-haul vehicles, where e-kerosene offers a low-carbon alternative to conventional diesel.

The U.S. e-kerosene market is anticipated to surpass USD 1.8 billion by 2032. The market is gaining traction primarily in the aviation sector, driven by federal initiatives like the Sustainable Aviation Fuel (SAF) Grand Challenge.

The market value of on-site solar-produced e-kerosene is expected to exceed USD 4.1 billion by 2032, attributed to the reliance on renewable energy sources for e-kerosene production and the rapid expansion of renewable energy infrastructure.

Companies involved in the production of e-kerosene include Arcadia eFuels, Archer Daniels Midland, Ballard Power Systems, Ceres Power Holding, Clean Fuels Alliance America, Climeworks, eFuel Pacific, Electrochaea, ExxonMobil, FuelCell Energy, HIF Global, INERATEC, LanzaJet, Liquid Wind, Norsk E-Fuel, Porsche, Sunfire, and Synhelion.