KGH RESEARCH & ADVISORY

Clean & Renewable Energies

Biofuels Market

The global biofuels market was valued at approximately USD 182 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2032 to reach USD 302 billion by 2032.

Solid Oxide Fuel Cell Market

Market Overview: The global solid oxide fuel cell market was valued at approximately USD 1.8 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 28.5% from 2025 to 2032. The market is driven by by the global shift toward clean, efficient, and low-emission energy technologies.