Alternative fuel, known as non-conventional and advanced fuels, are any materials or substances that can be used as fuels, other than conventional fuels like; fossil fuels (petroleum (oil), coal, and natural gas), as well as nuclear materials such as uranium and thorium, as well as artificial radioisotope fuels that are made in nuclear reactors.
Alternative Fuel Market contains market size and forecasts of Alternative Fuel in global, including the following market information:
- Global Alternative Fuel Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Alternative Fuel Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Alternative Fuel companies in 2021 (%)
The global Alternative Fuel market was valued at 112000 million in 2021 and is projected to reach US$ 209390 million by 2028, at a CAGR of 9.3% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Biodiesel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Alternative Fuel include Valero Energy, Renewable Energy Group, Cosan, Green Plains, ADM, POET, INEOS Enterprises, BP and CropEnergies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Alternative Fuel manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alternative Fuel Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Alternative Fuel Market Segment Percentages, by Type, 2021 (%)
- Biodiesel
- Alcohol Fuels
- Hydrogen
- Non-fossil Natural Gas
- Others
Global Alternative Fuel Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Alternative Fuel Market Segment Percentages, by Application, 2021 (%)
- Transportation
- Industrial Application
- Others
Global Alternative Fuel Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Alternative Fuel Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Alternative Fuel revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Alternative Fuel revenues share in global market, 2021 (%)
- Key companies Alternative Fuel sales in global market, 2017-2022 (Estimated), (K MT)
- Key companies Alternative Fuel sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Valero Energy
- Renewable Energy Group
- Cosan
- Green Plains
- ADM
- POET
- INEOS Enterprises
- BP
- CropEnergies
- Henan Tianguan Enterprise
- Alto Ingredients
- Jilin Fuel Ethanol
- BioMCN
- Longyan Zhuoyue
Industry Market Size
