Sustainable Aviation Fuel Market 2018-2028 By Size, Share, and Forecast

Summary

Report Description

The market for Global Sustainable Aviation Fuel is expanding because of rising demand for biofuels. With the increasing air travel around the world, the aviation sector is investing in sustainable aviation fuel to cut back on emissions from flights. The possibility for an 80% reduction in emissions is offered by sustainable aviation fuels, which are produced from trash and other sustainable feedstocks. Sustainable air travel has increased the development of sustainable aviation fuels, which would significantly advance the industry's plan to cut emissions with increasing use of Sustainable aviation fuel which further boost up the Global Sustainable fuel market. Furthermore, To increase the availability of the sustainable aviation fuel the government is taking many initiative and developments plans are laid by the aviation associations, which results in the effective impact on the Global Sustainable aviation fuel industry.

Sustainable Aviation Fuel is an aviation alternative fuel that is more environment-friendly than regular jet fuel and satisfies sustainability standards. Other than petroleum, sources of sustainable fuel include biomass, hydrogenated fats and oils, natural gas, coal, and natural gas. Sustainable Aviation Fuel is a "drop-in fuel," which means that it can be mixed with fossil jet fuel without needing any specific infrastructure or equipment modifications.

Recent Developments in Sustainable Aviation fuel Market

· On Mar 21,2023, Finnair purchased 750 tons of sustainable aviation fuel from Neste to reduce the carbon Emission from flights.

· On Mar 14, 2023, JetBlue and Shell Aviation announced a new partnership to bring Sustainable Aviation Fuel (SAF) to Los Angeles International Airport (LAX). JetBlue will receive ten million gallons of blended SAF.

Government Initiatives for Sustainable Aviation Fuel

The European Commission released a set of legislative recommendations dubbed "Fit for 55" in July 2021. The Refuel EU initiative, which seeks to increase SAF production and adoption, is one part of the package. In accordance with the plan, aviation fuel suppliers will be required to ensure that all fuel delivered to aircraft operators at EU airports contains a minimum percentage of SAF, including synthetic fuel. The mandate is anticipated to begin in 2025 with a minimum volume of 2% SAF, rising in five-year increments to a minimum volume of 63% in 2050, of which 28% would be synthetic aviation fuels. The Sustainable Skies Act was introduced by the US Congress in May 2021 with the goal of increasing incentives for Sustainable Aviation Fuel (SAF) use. Blenders that furnish SAF with evidence of lifecycle GHG savings of 50% or more will receive a credit starting at 1.50 USD per gallon; higher GHG achievement will result in a credit up to a maximum of 2 USD per gallon.With the purpose of increasing the number of SAF production facilities in the U.S., a complementary proposal also includes a grant of $1 billion over five years.

Reducing Carbon Emission

Sustainable Aviation Fuel is produced from renewable biomass and waste materials has the potential to perform as well as petroleum-based jet fuel while leaving behind a small fraction of the carbon footprint, giving airlines a strong foundation for decoupling greenhouse gas (GHG) emissions from flight. Sustainable aviation fuel has the potential to lessen reliance on conventional aviation fuel because it can produce up to 80% less CO2 over the course of its lifetime. Between 2021 and 2035, CORSIA is expected to reduce CO2 by about 2.5 billion metric tonnes. Furthermore, The International Civil Aviation Organization's(ICAO) stringent emission regulations for aero plane emissions serve as a growth factor in the adoption of the Sustainable aviation fuel .

Increase in Air Passenger Traffic

People's increasing disposable income is significantly empowering them to easily access air transportation, which is one of the primary reasons for the growth of the global sustainable aviation fuel market. People nowadays prefer to travel by air over other modes of traditional transportation such as road and sea. Furthermore, with an increasing number of air passengers and air transport service providers, there is a greater emphasis on deploying a larger number of aircraft. This factor also contributes to market expansion. As a result, the increase in the number of aircraft and air passengers is helping to propel the market growth of Sustainable Aviation fuel. Since 2016, more than 450,000 flights have used this fuel, the first of which took off in 2008 using blended biofuel. Additionally, by 2025, the International Air Transport Association (IATA) wants to carry 1 billion passengers on flights.

High Fuel Cost

Fossil-based jet fuel costs about €600 per tonne, whereas current Sustainable Aviation Fuel prices can be 1.5 to 6 times higher. This large range is due to several factors, including varying levels of sustainable aviation fuel industrial and technological maturity and a lack of knowledge regarding the production costs of specific sustainable aviation fuel paths.

Inadequate Supply of Feedstock and Refineries

The raw materials that play a vital part in the entire production chain of sustainable aviation fuels including e-fuels, bio jet fuels, and synthetic fuels are non-biological and biological resources such as waste oil, sugar and oil crops, algae, etc. As a result of the scarcity of the raw materials needed to produce sustainable aviation fuel, demand for it also becomes non-existent. This factor is therefore impeding market expansion.

Rising Biomass Crops offer Opportunities for Sustainable Aviation Fuel Production

The growing preference for producing fuel alternatives such as sustainable aviation fuels enables farmers to grow biomass crops as an additional source of income during off-seasons and deliver feedstock to the industry. Furthermore, increased production benefits the soil by reducing nutrient loss and improving soil quality. As a result, the leading players in the sustainable aviation fuel industry can expect to profit from the procurement, expansion, and production of sustainable aviation fuels in the coming years.

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Market Segmentation

The Global Sustainable Aviation Fuel Market is segmented based on fuel type, technology type application, and region. Based on fuel type, the market is further divided into biofuel, hydrogen fuel, and power to liquid fuel. Based on technology type, the market is split into Fischer-Tropsch, Hydroprocessed Esters and Fatty Acids (HEFA) and Synthetic Iso-Paraffinic (SIP) and Alcohol to Jet (AJT). On the basis application, the market is bifurcated into commercial and defense. Based on region, the market is divided into Asia-Pacific, Europe, North America, South America, Middle East & Africa.

Company Profiles

Shell PLC, Neste Oyj, SkyNRG, Gevo Inc., AV Fuel Corporation, Aematis Inc., Fulcrum BioEnergy Inc., LanzaTech Inc, Velocys, Inc and Red Rock Biofuels are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2022
Estimated Year	2023
Forecast Period	2024 – 2028
Quantitative Units	Revenue in USD Billion, Volume in Units, and CAGR for 2018-2022 and 2023-2028
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	Fuel Type Technology Type Application Type Region
Regional Scope	Asia-Pacific, North America, Europe, Middle East & Africa, South America
Country Scope	United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, Poland, Netherland, Norway, China, Japan, South Korea, India, Malaysia, Indonesia, Thailand, South Africa, Saudi Arabia, United Arab Emirates, Argentina, Brazil, Colombia.
Key Companies Profiled	Shell PLC, Neste Oyj, SkyNRG, Gevo Inc., AV Fuel Corporation, Aematis Inc., Fulcrum BioEnergy Inc., LanzaTech Inc , Velocys, Inc. and Red Rock Biofuels
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, Global Sustainable Aviation Fuel Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Sustainable Aviation Fuel Market, By Fuel Type:

Biofuel
Hydrogen fuel
Power to liquid fuel

Sustainable Aviation Fuel Market, By Technology Type:

Fischer-Tropsch
Hydroprocessed Esters and Fatty Acids (HEFA),
Synthetic Iso-Paraffinic (SIP) and Alcohol-to-Jet (AJT)

· Sustainable Aviation Fuel Market, By Application Type:

Commercial
Defense

Sustainable Aviation Fuel Market, By Region:

North America

United States
Canada
Mexico

Europe & CIS

Germany
Russia
France
Spain
Italy
United Kingdom
Poland
Netherland
Norway

Asia-Pacific

China
India
Japan
South Korea
Malaysia
Indonesia
Thailand

Middle East and Africa

South Africa
Saudi Arabia
United Arab Emirates

South America

Argentina
Brazil
Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Sustainable Aviation Fuel Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Sustainable Aviation Fuel Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Impact of COVID-19 on Global Sustainable Aviation Fuel Market

4.1.1. Key Segments Impacted

4.1.2. Key Regions Impacted

4.1.3. Key Countries Impacted

5. Voice of Customer Analysis

5.1. Factors Influencing Purchase Decision

5.2. Brand Awareness

5.3. Challenges /Unmets Needs

6. Global Sustainable Aviation Fuel Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Fuel Type Market Share Analysis (Biofuel, Hydrogen fuel, Power to liquid fuel)

6.2.2. By Technology Type Market Share Analysis (Fischer-Tropsch, Hydroprocessed Esters and Fatty Acids (HEFA), Synthetic Iso-Paraffinic (SIP) and Alcohol-to-Jet (AJT Vehicles)

6.2.3. By Application Market Share Analysis Market Share Analysis

6.2.4. By Regional Market Share Analysis

6.2.4.1. North America Market Share Analysis

6.2.4.2. Europe Market Share Analysis

6.2.4.3. Asia-Pacific Market Share Analysis

6.2.4.4. South America Market Share Analysis

6.2.4.5. Middle East & Africa Market Share Analysis

6.2.5. By Company Market Share Analysis (By Value, 2022)

6.3. Global Sustainable Aviation Fuel Market Mapping & Opportunity Assessment

6.3.1. By Fuel Type Market Mapping & Opportunity Assessment

6.3.2. By Technology Mapping & Opportunity Assessment

6.3.3. By Application Mapping & Opportunity Assessment

6.3.4. By Regional Market Mapping & Opportunity Assessment

7. North America Sustainable Aviation Fuel Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Fuel Type Market Share Analysis

7.2.2. By Technology Type Market Share Analysis

7.2.3. By Application Market Share Analysis

7.2.4. By Country Market Share Analysis

7.3. North America: Country Analysis

7.3.1. United States Sustainable Aviation Fuel Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Fuel Type Market Share Analysis

7.3.1.2.2. By Technology Type Market Share Analysis

7.3.1.2.3. By Application Market Share Analysis

7.3.2. Canada Sustainable Aviation Fuel Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Fuel Type Market Share Analysis

7.3.2.2.2. By Technology Type Market Share Analysis

7.3.2.2.3. By Application Market Share Analysis

7.3.3. Mexico Sustainable Aviation Fuel Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Fuel Type Market Share Analysis

7.3.3.2.2. By Technology Type Market Share Analysis

7.3.3.2.3. By Application Market Share Analysis

8. Europe & CIS Sustainable Aviation Fuel Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Fuel Type Market Share Analysis

8.2.2. By Technology Type Market Share Analysis

8.2.3. By Application Market Share Analysis

8.3. Europe: Country Analysis

8.3.1. United Kingdom Sustainable Aviation Fuel Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Fuel Type Market Share Analysis

8.3.1.2.2. By Technology Type Market Share Analysis

8.3.1.2.3. By Application Market Share Analysis

8.3.2. France Sustainable Aviation Fuel Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Fuel Type Market Share Analysis

8.3.2.2.2. By Technology Type Market Share Analysis

8.3.2.2.3. By Application Market Share Analysis

8.3.3. Germany Sustainable Aviation Fuel Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Fuel Type Market Share Analysis

8.3.3.2.2. By Technology Type Market Share Analysis

8.3.3.2.3. By Application Market Share Analysis

8.3.4. Russia Sustainable Aviation Fuel Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Fuel Type Market Share Analysis

8.3.4.2.2. By Technology Type Market Share Analysis

8.3.4.2.3. By Application Market Share Analysis

8.3.5. Spain Sustainable Aviation Fuel Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Fuel Type Market Share Analysis

8.3.5.2.2. By Technology Type (Market Share Analysis

8.3.5.2.3. By Application Market Share Analysis

8.3.6. Italy Sustainable Aviation Fuel Market Outlook

8.3.6.1. Market Size & Forecast

8.3.6.1.1. By Value

8.3.6.2. Market Share & Forecast

8.3.6.2.1. By Fuel Type Market Share Analysis

8.3.6.2.2. By Technology Type Market Share Analysis

8.3.6.2.3. By Application Market Share Analysis

8.3.7. Poland Sustainable Aviation Fuel Market Outlook

8.3.7.1. Market Size & Forecast

8.3.7.1.1. By Value

8.3.7.2. Market Share & Forecast

8.3.7.2.1. By Fuel Type Market Share Analysis

8.3.7.2.2. By Technology Type Market Share Analysis

8.3.7.2.3. By Application Market Share Analysis

8.3.8. Netherlands Sustainable Aviation Fuel Market Outlook

8.3.8.1. Market Size & Forecast

8.3.8.1.1. By Value

8.3.8.2. Market Share & Forecast

8.3.8.2.1. By Fuel Type Market Share Analysis

8.3.8.2.2. By Technology Type Market Share Analysis

8.3.8.2.3. By Application Market Share Analysis

8.3.9. Norway Sustainable Aviation Fuel Market Outlook

8.3.9.1. Market Size & Forecast

8.3.9.1.1. By Value

8.3.9.2. Market Share & Forecast

8.3.9.2.1. By Fuel Type Market Share Analysis

8.3.9.2.2. By Technology Type Market Share Analysis

8.3.9.2.3. By Application Market Share Analysis

9. Asia Pacific Sustainable Aviation Fuel Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Fuel Type Market Share Analysis

9.2.2. By Technology Type Market Share Analysis

9.2.3. By Application Market Share Analysis

9.3. Asia Pacific: Country Analysis

9.3.1. China Sustainable Aviation Fuel Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Fuel Type Market Share Analysis

9.3.1.2.2. By Technology Type Market Share Analysis

9.3.1.2.3. By Application Market Share Analysis

9.3.2. India Sustainable Aviation Fuel Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Fuel Type Market Share Analysis

9.3.2.2.2. By Technology Type Market Share Analysis

9.3.2.2.3. By Application Market Share Analysis

9.3.3. Japan Sustainable Aviation Fuel Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Fuel Type Market Share Analysis

9.3.3.2.2. By Technology Type Market Share Analysis

9.3.3.2.3. By Application Market Share Analysis

9.3.4. South Korea Sustainable Aviation Fuel Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Fuel Type Market Share Analysis

9.3.4.2.2. By Technology Type (Market Share Analysis

9.3.4.2.3. By Application Market Share Analysis

9.3.5. Malaysia Sustainable Aviation Fuel Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Fuel Type Market Share Analysis

9.3.5.2.2. By Technology Type Market Share Analysis

9.3.5.2.3. By Application Market Share Analysis

9.3.6. Indonesia Sustainable Aviation Fuel Market Outlook

9.3.6.1. Market Size & Forecast

9.3.6.1.1. By Value

9.3.6.2. Market Share & Forecast

9.3.6.2.1. By Fuel Type Market Share Analysis

9.3.6.2.2. By Technology Type Market Share Analysis

9.3.6.2.3. By Application Market Share Analysis

9.3.7. Thailand Sustainable Aviation Fuel Market Outlook

9.3.7.1. Market Size & Forecast

9.3.7.1.1. By Value

9.3.7.2. Market Share & Forecast

9.3.7.2.1. By Fuel Type Market Share Analysis

9.3.7.2.2. By Technology Type Market Share Analysis

9.3.7.2.3. By Application Market Share Analysis

10. South America Sustainable Aviation Fuel Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Fuel Type Market Share Analysis

10.2.2. By Technology Type Market Share Analysis

10.2.3. By Application Market Share Analysis

10.2.4. By Country Market Share Analysis

10.3. South America: Country Analysis

10.3.1. Argentina Sustainable Aviation Fuel Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Fuel Type Market Share Analysis

10.3.1.2.2. By Technology Type (Market Share Analysis

10.3.1.2.3. By Application Market Share Analysis

10.3.2. Brazil Sustainable Aviation Fuel Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Fuel Type Market Share Analysis

10.3.2.2.2. By Technology Type Market Share Analysis

10.3.2.2.3. By Application Market Share Analysis

10.3.3. Colombia Sustainable Aviation Fuel Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Fuel Type Market Share Analysis

10.3.3.2.2. By Technology Type Market Share Analysis

10.3.3.2.3. By Application Market Share Analysis

11. Middle East and Africa Sustainable Aviation Fuel Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Fuel Type Market Share Analysis

11.2.2. By Technology Type Market Share Analysis

11.2.3. By Application Market Share Analysis

11.2.4. By Country Market Share Analysis

11.3. Middle East and Africa: Country Analysis

11.3.1. South Africa Sustainable Aviation Fuel Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Fuel Type Market Share Analysis

11.3.1.2.2. By Technology Type Market Share Analysis

11.3.1.2.3. By Application Market Share Analysis

11.3.2. Saudi Arabia Sustainable Aviation Fuel Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Fuel Type Market Share Analysis

11.3.2.2.2. By Technology Type Market Share Analysis

11.3.2.2.3. By Application Market Share Analysis

11.3.3. United Arab Emirates Sustainable Aviation Fuel Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Fuel Type Market Share Analysis

11.3.3.2.2. By Technology Type Market Share Analysis

11.3.3.2.3. By Application Market Share Analysis

12. Market Dynamics

12.1. Market Drivers

12.2. Market Challenges

13. Market Trends and Developments

14. SSWOT Analysis

14.1. Strength

14.2. Weakness

14.3. Opportunities

14.4. Threats

15. Porter’s Five Forces Model

15.1. Competitive Rivalry

15.2. Bargaining Power of Suppliers

15.3. Bargaining Power of Buyers

15.4. Threat of New Entrants

15.5. Threat of Substitutes

16. Competitive Landscape

16.1. Company Profiles

16.1.1. Shell PLC

16.1.1.1. Company Details

16.1.1.2. Products & Services

16.1.1.3. Financial (As Reported)

16.1.1.4. Recent Development

16.1.1.5. Key Management Personnel

16.1.2. Neste Oyj

16.1.2.1. Company Details

16.1.2.2. Products & Services

16.1.2.3. Financial (As Reported)

16.1.2.4. Recent Development

16.1.2.5. Key Management Personnel

16.1.3. SkyNRG

16.1.3.1. Company Details

16.1.3.2. Products & Services

16.1.3.3. Financial (As Reported)

16.1.3.4. Recent Development

16.1.3.5. Key Management Personnel

16.1.4. Gevo Inc.

16.1.4.1. Company Details

16.1.4.2. Products & Services

16.1.4.3. Financial (As Reported)

16.1.4.4. Recent Development

16.1.4.5. Key Management Personnel

16.1.5. AV Fuel Corporation

16.1.5.1. Company Details

16.1.5.2. Products & Services

16.1.5.3. Financial (As Reported)

16.1.5.4. Recent Development

16.1.5.5. Key Management Personnel

16.1.6. Aematis Inc.

16.1.6.1. Company Details

16.1.6.2. Products & Services

16.1.6.3. Financial (As Reported)

16.1.6.4. Recent Development

16.1.6.5. Key Management Personnel

16.1.7. Fulcrum BioEnergy Inc.

16.1.7.1. Company Details

16.1.7.2. Products & Services

16.1.7.3. Financial (As Reported)

16.1.7.4. Recent Development

16.1.7.5. Key Management Personnel

16.1.8. LanzaTech Inc

16.1.8.1. Company Details

16.1.8.2. Products & Services

16.1.8.3. Financial (As Reported)

16.1.8.4. Recent Development

16.1.8.5. Key Management Personnel

16.1.9. Velocys, Inc

16.1.9.1. Company Details

16.1.9.2. Products & Services

16.1.9.3. Financial (As Reported)

16.1.9.4. Recent Development

16.1.9.5. Key Management Personnel

16.1.10. Red Rock Biofuels

16.1.10.1. Company Details

16.1.10.2. Products & Services

16.1.10.3. Financial (As Reported)

16.1.10.4. Recent Development

16.1.10.5. Key Management Personnel

17. Strategic Recommendations

17.1. Key Focus Areas

17.2. Target Regions & Countries

17.3. Target Fuel Type

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Figures and Tables

Frequently asked questions

What is the major factor driving the growth of the Global Sustainable Aviation Fuel Market?

The reduction of CO2 emission, increasing aircraft performance and high air passenger traffic are the factors which are driving the growth of the Sustainable Aviation Fuel Market.

What are the types of global Sustainable Aviation Fuel Market by technology?

Global Sustainable Aviation Fuel market based on technology is segmented into Fischer-Tropsch , Hydroprocessed Esters and Fatty Acids (HEFA), Synthetic Iso-Paraffinic (SIP) and Alcohol-to-Jet (AJT). These technologies can extract out the sustainable fuel from the biological and non-biological resources.

Who are the top players in the Global Sustainable Aviation Fuel Market?

The major player contributing global Sustainable Aviation Fuel market are Shell PLC, Neste Oyj, SkyNRG, Gevo Inc., AV Fuel Corporation, Aematis Inc., Fulcrum BioEnergy Inc., LanzaTech Inc , Velocys, Inc. and Red Rock Biofuels.

What are the restraints facing the Global Sustainable Aviation Fuel market?

Increase cost of the fuel, less refineries infrastructure and inadequate supply of raw material are affecting the growth of sustainable fuel market.

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Sustainable Aviation Fuel Market to be Dominated by HEFA through 2028

Dec, 2022

Increasing need of reduction in carbon emission and advanced innovations coupled with increasing performance of aircraft is driving the growth of sustainable aviation fuel market.

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