Synthetic Fuel Market (By Raw Material: Coal, Natural Gas, Non-Food Crop Sources, Plant Waste, Biomass, Corn; By Type: Extra-Heavy Oils, Gas-To-Liquids Fuels, Biomass-To-Liquids Fuel, Fuel From Waste, Fuel From Atmospheric Carbon, Shale Oil, Oil Sands, Coal-To-Liquid (CTL) Fuels, Others; By Application: Gasoline, Diesel, Kerosene) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022 – 2030
The global synthetic fuel market size was valued at US$ 3.45 billion in 2021 and it is projected to surpass around US$ 21.7 billion by 2030 and growing at a compound annual growth rate (CAGR) of 22.67% during the forecast period 2022 to 2030.