Sustainable Marine Fuels Market, By Fuel Type (Hydrogen, Ammonia, Methanol, Biofuels, Others), By Ap...
Market Size in USD Bn
CAGR50.4%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 50.4% |
Market Concentration | High |
Major Players | Neste Corp., FincoEnergies, Liquid Wind AB, A.P. Moller-Maersk A/S, TotalEnergies SE and Among Others |
The sustainable marine fuels market is estimated to be valued at USD 19.88 billion in 2025 and is expected to reach USD 346.06 billion by 2032, growing at a compound annual growth rate (CAGR) of 15.5% from 2025 to 2032. The sustainable marine fuels market is set to witness significant growth due to the growing need to reduce carbon emissions from ships.