Report cover image

Carbon-neutral Fuels Market Size, Share & Trends Analysis Report By Type (Biofuels, E-fuels, Green Hydrogen), By Application, By Region, And Segment Forecasts, 2025 - 2033

Publisher Grand View Research
Published Oct 07, 2025
Length 110 Pages
SKU # GV20575261

Description

Carbon-neutral Fuels Market Summary

The global carbon-neutral fuels market size was estimated at USD 98.67 billion in 2024 and is projected to reach USD 184.36 billion by 2033, growing at a CAGR of 7.2% from 2025 to 2033. The global transition toward low-carbon energy alternatives and stricter environmental regulations across developed economies continues to serve as a significant growth driver for the carbon-neutral fuels sector.

Over the past few years, the transportation, industrial, and power generation sectors have increasingly adopted carbon-neutral fuels to reduce greenhouse gas (GHG) emissions, driving steady market expansion. Biofuels, e-fuels, and green hydrogen have emerged as dominant contributors, reflecting the broader push toward sustainable energy sources and the decarbonization of traditional fuel systems.

In the United States, market growth is supported by federal and state-level incentives, including subsidies for sustainable aviation fuels (SAF) and biofuel blending mandates. The growing adoption of biofuels in transportation and industrial applications is further reinforced by abundant renewable feedstock, particularly biomass and waste-derived fuels. The country’s energy transition is accelerating as natural gas and carbon-neutral alternatives increasingly replace conventional fossil fuels, while rising fuel prices and corporate sustainability targets create additional demand. These factors, combined with ongoing investment in R&D for e-fuels and green hydrogen, are expected to sustain strong market momentum throughout the forecast period.

Europe represents a key market for carbon-neutral fuels, with Germany at the forefront due to its aggressive decarbonization policies and renewable energy infrastructure. Investments in sustainable aviation fuel production, advanced biofuels, and hydrogen technologies have been instrumental in accelerating market growth. As the country continues to reduce dependence on imported fossil fuels, it is expected to drive significant regional demand for carbon-neutral fuels. The broader adoption of e-fuels and green hydrogen across European transportation and industrial sectors will further reinforce the region’s contribution to the global market.

Global Carbon-neutral Fuels Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global carbon-neutral fuels market report based on the type, application, and region:
  • Type Outlook (Revenue, USD Billion, 2021 - 2033)
  • Biofuels
  • E-fuels
  • Green Hydrogen
  • Other Alternative Fuels
  • Application Outlook (Revenue, USD Billion, 2021 - 2033)
  • Transportation
  • Power Generation
  • Industrial Use
  • Residential & Commercial
  • Regional Outlook (Revenue, USD Billion, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Latin America
  • Brazil
  • Middle East & Africa
  • Saudi Arabia
  • UAE
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

110 Pages
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Information Analysis
1.3.2. Market Formulation & Data Visualization
1.3.3. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Outlook
2.3. Competitive Outlook
Chapter 3. Market Variables, Trends, and Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.4.1. Standards & Compliance
3.4.2. Regulatory Impact Analysis
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Market Opportunities
3.5.4. Market Challenges
3.6. Porter’s Five Forces Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of Substitution
3.6.4. Threat of New Entrants
3.6.5. Competitive Rivalry
3.7. PESTLE Analysis
3.7.1. Political
3.7.2. Economic
3.7.3. Social Landscape
3.7.4. Technology
3.7.5. Environmental
3.7.6. Legal
Chapter 4. Carbon-Neutral Fuels Market: Type Estimates & Trend Analysis
4.1. Carbon-Neutral Fuels Market: Type Movement Analysis, 2024 & 2033
4.2. Biofuels
4.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
4.3. E-fuels
4.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
4.4. Green Hydrogen
4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
4.5. Other Alternative Fuels
4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
Chapter 5. Carbon-Neutral Fuels Market: Application Estimates & Trend Analysis
5.1. Carbon-Neutral Fuels Market: Application Movement Analysis, 2024 & 2033
5.2. Transportation
5.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
5.3. Power Generation
5.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
5.4. Industrial Use
5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
5.5. Residential & Commercial
5.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
Chapter 6. Carbon-Neutral Fuels Market: Regional Estimates & Trend Analysis
6.1. Regional Analysis, 2024 & 2033
6.2. North America
6.2.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.2.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.2.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.2.4. U.S.
6.2.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.2.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.2.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.2.5. Canada
6.2.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.2.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.2.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.2.6. Mexico
6.2.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.2.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.2.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.3. Europe
6.3.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.3.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.3.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.3.4. Germany
6.3.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.3.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.3.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.3.5. UK
6.3.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.3.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.3.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.3.6. France
6.3.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.3.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.3.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.4. Asia Pacific
6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.4.4. China
6.4.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.4.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.4.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.4.5. India
6.4.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.4.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.4.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.4.6. Japan
6.4.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.4.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.4.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.4.7. South Korea
6.4.7.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.4.7.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.4.7.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.5. Latin America
6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.5.4. Brazil
6.5.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.5.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.5.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.6. Middle East & Africa
6.6.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.6.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.6.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.6.4. Saudi Arabia
6.6.4.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.6.4.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.6.4.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
6.6.5. UAE
6.6.5.1. Market estimates and forecasts, 2021 - 2033 (USD Billion)
6.6.5.2. Market estimates and forecasts, by type, 2021 - 2033 (USD Billion)
6.6.5.3. Market estimates and forecasts, by application, 2021 - 2033 (USD Billion)
Chapter 7. Competitive Landscape
7.1. Recent Developments: By Key Market Participants
7.2. Company Categorization
7.3. List of Key Component Suppliers & Channel Partners
7.4. Company Market Share & Positioning Analysis, 2024
7.5. Heat Map Analysis
7.6. Vendor Landscape
7.6.1. List of Raw Material Suppliers
7.6.2. List of Distributors/Traders
7.6.3. List of Other Prominent Manufacturers
7.7. List of Prospective End Users
7.8. Strategy Mapping
7.9. Company Profiles/Listing
7.9.1. Archer Daniels Midland Company (ADM)
7.9.1.1. Company Overview
7.9.1.2. Financial Performance
7.9.1.3. Product Benchmarking
7.9.2. Chevron Corporation
7.9.2.1. Company Overview
7.9.2.2. Financial Performance
7.9.2.3. Product Benchmarking
7.9.3. TotalEnergies S.E.
7.9.3.1. Company Overview
7.9.3.2. Financial Performance
7.9.3.3. Product Benchmarking
7.9.4. ExxonMobil Corporation
7.9.4.1. Company Overview
7.9.4.2. Financial Performance
7.9.4.3. Product Benchmarking
7.9.5. Shell plc
7.9.5.1. Company Overview
7.9.5.2. Financial Performance
7.9.5.3. Product Benchmarking
7.9.6. BP plc
7.9.6.1. Company Overview
7.9.6.2. Financial Performance
7.9.6.3. Product Benchmarking
7.9.7. Neste Corporation
7.9.7.1. Company Overview
7.9.7.2. Financial Performance
7.9.7.3. Product Benchmarking
7.9.8. Raízen
7.9.8.1. Company Overview
7.9.8.2. Financial Performance
7.9.8.3. Product Benchmarking
7.9.9. LanzaTech
7.9.9.1. Company Overview
7.9.9.2. Financial Performance
7.9.9.3. Product Benchmarking
7.9.10. Praj Industries
7.9.10.1. Company Overview
7.9.10.2. Financial Performance
7.9.10.3. Product Benchmarking

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us