This drastically declined the demand for automobiles. Moreover, several companies adopted the work-from-home culture. The Covid-19 pandemic resulted in country-wide lockdown and implementation of social distancing norms.On the contrary, rise in adoption of sustainable automotive technologies and surge in automotive performance on higher ethanol blends are expected to open new opportunities for the market players in the future.ĭownload Report (291 Pages PDF with Insights, Charts, Tables, Figures) at However, engine demand concerns, development of electric and hybrid electric vehicles, and lack of flex-fuel stations hinder the market growth. As per the report, the global flex fuel engine industry was pegged at $63.20 billion in 2020, and is expected to reach $105.11 billion by 2027, growing at a CAGR of 5.6% from 2020 to 2030.ĭepleting fossil-fuel reserves and strict environmental regulations and vehicle emission norms drive the growth of the global flex fuel engine market.

7, 2021 /PRNewswire/ - Allied Market Research recently published a report, titled, ' Flex Fuel Engine Market by Fuel Type (Gasoline and Diesel), Vehicle Type (Passenger Vehicles and Commercial Vehicles), and Blend Type (E10 to E25, E25 to E85, Above E85, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030'.

Ford flex type of gas