The Brazil flex fuel market comprises ethanol fuelled vehicles that have the capability to run on any blend of gasoline and hydrous ethanol fuel ranging from E25 to E100. Ethanol fuelled vehicles have witnessed immense popularity in Brazil owing to the abundance of sugarcane resources that are utilized for ethanol production. Automakers in Brazil produce flexfuel vehicles that can efficiently operate on various gasoline-ethanol blends as per fuel availability and pricing.
The growing production of sugarcane-based ethanol and favorable government policies have further encouraged the consumption of renewable fuels in the transportation sector. Brazil Flexfuel Market Size fleet has reached over 4.3 million units in 2022 and nearly half of all new vehicles sold run completely or partially on ethanol.
The Brazil Flexfuel Market Size Was Valued At Us$ 19.83 Billion In 2024 And Is Expected To Reach Us$ 32.26 Billion By 2031, Grow At A Compound Annual Growth Rate (Cagr) Of 7.2% From 2024 To 2031.
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