Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen fuel, power to liquid), Biofuel Manufacturing Technology (Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Hydroprocessed Esters and Fatty acids - SYNTHETIC PARAFFINIC KEROSENE (HEFA-SPK), Synthetic Iso-Paraffin from fermented hydroprocessed sugar (HFS-SIP), Fischer Tropsch Synthetic Paraffinic Kerosene with aromatics (FT-SPK/A), Catalytic Hydrothermolysis Jet (CHJ), Alcohol to jet spk (ATJ-SPK)), Biofuel blending capacity (below 30%, 30-50%, above 50%), Platform (Commercial Aviation, Narrow Body Aircraft (NBA), Wide Body Aircraft(WBA), Very Large Aircraft (VLA), Regional Transport Aviation (RTA), Military Aviation, Business & General Aviation, Unmanned Aerial Vehicles (UAV)) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
The global sustainable aviation fuel market is estimated to reach USD 12,380 million by 2028 growing at a CAGR of 70.5% during the forecasting period 2021-2028
An opportunity to produce fuel in which aromatics are initially diluted with the addition of renewable isoalkanes, aromatics are later fully replaced with cycloalkanes, and finally, high-performance molecules that provide mission-based value to jet fuel consumers are introduced. The key to this fuel pathway is sourcing the three SAF blendstocks - iso-alkanes, cycloalkanes, and high-performing molecules—from inexpensive resources. When resourced from waste carbon, there are often additional benefits, such as cleaner water when sourcing carbon from wet sludges or less waste going to landfills when sourcing the carbon from municipal solid waste or plastic waste.
The absolute need for reduction in GHG emissions in the aviation industry, growing air passenger traffic, the high fuel efficiency of sustainable aviation fuels is some of the factors that have supported long-term expansion for the Sustainable Aviation Fuel market.
Global Sustainable Aviation Fuel Market is segmented into fuel type, biofuel manufacturing technology, biofuel blending capacity, platform, and geography.
Fuel type is segmented into Biofuel, Hydrogen fuel, and power to liquid
Biofuel Manufacturing Technology is segmented into Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Hydro processed Esters and Fatty acids - SYNTHETIC PARAFFINIC KEROSENE (HEFA-SPK), Synthetic Iso-Paraffin from fermented hydro processed sugar (HFS-SIP), Fischer Tropsch Synthetic Paraffinic Kerosene with aromatics (FT-SPK/A), Catalytic Hydrothermolysis Jet (CHJ), Alcohol to jet spk (ATJ-SPK)
Biofuel blending capacity is segmented into below 30%, 30-50%, above 50%
The platform is segmented into Commercial Aviation, Narrow Body Aircraft (NBA), Wide Body Aircraft (WBA), Very Large Aircraft (VLA), Regional Transport Aviation (RTA), Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicles (UAV)
Geographically, the global Sustainable Aviation Fuel Market market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions.
Key players in the global sustainable Aviation Fuel market are Neste, Gevo, World Energy, Eni, SkyNRG, Fulcrum, BioEnergy, Velocys, Aemetis Inc, Red Rock Biofuels, and SG Preston among others.
Report Feature |
Descriptions |
---|---|
Market Revenue In 2030 |
USD 12,380 million |
Growth Rate |
CAGR of 70.5% during the forecasting period, 2021-2028 |
Historical Data |
2018-2019 |
Forecast Years |
2021-2028 |
Base Year |
2020 |
Units Considered |
Revenue in USD million and CAGR from 2021 to 2028 |
Report Segmentation |
Platform, Application, End-User, Point Of Sale, and Geography |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling) |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and the Middle East and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe) |
Companies Profiled |
Neste, Gevo, World Energy, Eni, SkyNRG, Fulcrum, BioEnergy, Velocys, Aemetis Inc, Red Rock Biofuels, SG Preston company among others |
Available Customization |
In addition to the market data for Sustainable Aviation Fuel Market, Delvens offers client-centric reports and customized according to the company’s specific demand and requirement. |