Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel Cell, Power to Liquid, Gas to Liquid), Biofuel Manufacturing Technology, Blending Capacity (Below 30%, 30% to 50%, Above 50%), Platform and Region - Global Forecast to 2030
Update: 10/16/2024
Sustainable Aviation Fuel Market Size & Growth
[251 Pages Report] The global Sustainable Aviation Fuel Market Size is projected to grow from USD 1.1 billion in 2023 to USD 16.8 billion by 2030, at a CAGR of 47.7% from 2023 to 2030. The Sustainable Aviation Fuel (SAF) Industry is experiencing robust growth propelled by several key factors. Heightened global awareness of climate change and the imperative to reduce carbon emissions in the aviation industry are primary drivers, leading airlines to adopt SAF as a cleaner alternative to traditional jet fuels. Regulatory initiatives and mandates, including those from the International Civil Aviation Organization (ICAO) and various governments, further accelerate market expansion. Increased investments in research and development to enhance SAF production efficiency, coupled with advancements in feedstock technologies, contribute significantly to the sector's growth. Collaborations among airlines, manufacturers, and biofuel producers play a pivotal role in scaling up SAF production, fostering a more sustainable future for air travel. The economic viability and scale achieved by commercial aviation, along with the efficacy of hydrogen fuel cells, are additional factors bolstering the growth of the SAF market.
Current trends in the sustainable aviation fuel (SAF) market include a notable uptick in airline adoption to reduce carbon emissions. The industry is witnessing increased collaboration among airlines, biofuel producers, and governments, fostering a more coordinated approach to SAF research and production. Advancements in feedstock technologies, particularly exploring sources like algae and waste materials, aim to enhance the sustainability and scalability of SAF. Governments and international aviation bodies are implementing supportive policies and regulations to incentivize SAF use. Ongoing investments in research and development continue to drive technological improvements, making SAF production more cost-effective. Additionally, there is a growing focus on integrating hydrogen fuel cells as a viable alternative, aligning with broader trends in clean energy adoption.
Sustainable Aviation Fuel Market Forecast to 2030
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Sustainable Aviation Fuel Market Trends
Driver: Increasing need for reduction in GHG emissions
The escalating need to reduce greenhouse gas (GHG) emissions is a significant driver for the Sustainable Aviation Fuel (SAF) market. With the aviation sector being a notable contributor to carbon emissions, there's a global imperative to transition towards cleaner alternatives. SAF, derived from renewable feedstocks, offers a substantial reduction in lifecycle carbon emissions compared to traditional jet fuels, aligning with international climate goals. The urgency to combat climate change and meet sustainability targets has prompted governments, regulatory bodies, and airlines to prioritize the adoption of SAF to curb aviation-related emissions.
Increasing need for reduction in GHG emissions
The leading growth factor driving such enormous growth in the Sustainable Aviation Fuel market is growth in air passenger traffic. Consequently, this forces airlines to fly more and hence expand their fleets due to the growing demand that has sent overall fuel consumption upwards by leaps and bounds. This, in turn, increases the carbon footprint of the aviation industry. Through it all, airlines try by all means to reduce their impact on the environment. Thus, the adoption of SAF has become important for meeting these high targets with lower emissions, meeting the rising fuel demands. The set corporate social responsibility goals also keep airlines setting high ambitions for sustainability. While passenger traffic increases, airlines are under further scrutiny to be able to show passengers, investors, and stakeholders that their commitment to sustainability will grow. The SAF provides a tangible way for airlines to cut down on their carbon emissions and add to their sustainability credentials-particularly with their expansion to put more passengers through.
Restraint: Price difference between SAF and conventional jet fuel
One notable restraint for the SAF market is the existing price disparity between sustainable aviation fuel and conventional jet fuel. The production costs of SAF are often higher, making it less economically competitive. This price difference poses a challenge for widespread adoption, especially for airlines operating on thin profit margins. Despite the environmental benefits, the economic viability of SAF remains a critical factor hindering its broader acceptance. Efforts to bridge this price gap through technological innovations, increased production efficiency, and supportive policies are essential to overcome this restraint.
Shortage of feedstock and refineries
Raw materials include biological and non-biological resources such as oil crops, sugar crops, algae waste oil, among others, which are the major players in the value chain of producing sustainable aviation fuel. Poor supply of the needed raw materials for the production of sustainable aviation fuel reduces its demand to a complete standstill. Besides, the limitations in refineries that play a major role in the proper utilization of these feedstocks add to the delay of the overall process of sustainable aviation fuel production. Low availability of fuel acts as a hurdle in the blending capacity of the fuel, hence making it less efficient. The potential for sustainable aviation fuel is large, but production capacity to supply the market needs to be developed. Currently, the low-carbon feedstocks are not available in sufficient quantity and quality at a price that works for the production technology. Supplies like used cooking oil (UCO) simply are not widely available because much of the available quantity has already been used for diesel production. Therefore, feedstock availability and price, energy intensity of the process, and facility capital expenditure are some of the significant barriers. Feedstocks would have to be made available at a scale, quantity, cost, carbon footprint, and a sustainability profile that would allow scaling up sustainable aviation fuel production. Centrally, with respect to the magnitude of the market, there would likely have to be all sorts of technologies and feedstocks.
Opportunity: Rising demand for SAF by airlines across the globe
The increasing demand for SAF by airlines globally presents a significant opportunity for market growth. Airlines are proactively seeking sustainable alternatives to meet emission reduction targets and fulfill corporate social responsibility commitments. This rising demand creates a market opportunity, encouraging greater investment in SAF production, technological advancements, and feedstock innovations. As more airlines commit to integrating SAF into their operations, the industry experiences a positive feedback loop that fosters innovation, economies of scale, and, ultimately, a more sustainable aviation sector.
Government initiatives and sustainable fuel alternatives
This means increased demands for alternatives, such as sustainable aviation fuels, through swelling government and regulating authorities' initiatives in setting standards and goals for carbon footprint reduction. Moves by Finland and Norway to compile business models in order to achieve the target of 40% of renewable energy resources in the aviation industry by the year 2050, or providing tax cuts for industries using sustainable fuel and other alternative sources of energy, have helped mark a way for market growth in the region. The following set of business models that could possibly allow the profitable use of sustainable jet fuel was compiled during 2014 in cooperation between Finnair, Finavia, Neste, the Finnish Ministry of Transport and Communications, and the Finnish Ministry of Employment and the Economy.
Challenge: Large quantity of SAF must be produced to increase fuel blends
A challenge facing the SAF market is the need to produce large quantities to meet the rising demand and increase the blend of SAF in aviation fuel. Scaling up production while maintaining sustainability standards is complex and requires significant infrastructure investments. The challenge lies in ensuring a consistent and affordable supply of SAF feedstocks, as well as the development of efficient production processes. Overcoming this challenge involves addressing feedstock availability, technological scalability, and regulatory frameworks to encourage the large-scale production necessary for meaningful reductions in aviation-related carbon emissions.
High operating cost of Airline
The target of airlines for reducing GHG emissions, on the basis of engine and flight improvements alone, is unreachable-the airlines need sustainable aviation fuel. Fuel cost comprises a significant share of operating costs. Whereas made from wastes and feedstocks that are available at very low cost, advanced and expensive technological pathways are required for sustainable aviation fuel. Sustainable aviation fuel will be more expensive than petro-jet, since new production capacity has to be deployed. The sustainable aviation fuel will also not be widely available, since production capacity is built for contracted positions rather than as a commodity, at least through the first decade or so. New biofuel factories take many years and vast sums to build, which in turn pushes the price of their offtake upward once they go online, making it hard for them to achieve that critical mass regarding profitability.
Sustainable Aviation Fuel Market Ecosystem
The sustainable aviation fuel (SAF) market ecosystem comprises various interconnected stakeholders. Feedstock suppliers provide raw materials, which biofuel producers convert into SAF using advanced technologies. Airlines and aircraft manufacturers in the aviation industry play a central role by adopting and advocating for SAF, while government and regulatory bodies establish policies and incentives to support market growth. Research institutions drive innovation, and investors provide financial support for SAF projects. Transportation and logistics ensure the efficient distribution of SAF, and airports contribute by incorporating necessary infrastructure. Consumers indirectly influence the SAF market through their support for airlines prioritizing sustainable practices, and environmental organizations play a role in promoting environmentally friendly aviation solutions. This collaborative ecosystem is essential for advancing SAF production, distribution, and adoption in the aviation sector. The prominent companies are Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.
Sustainable Aviation Fuel Market Segments
Anticipated higher CAGR for >50% blending capacity in the SAF market reflects increased airline commitment, regulatory pressure, and rising demand for sustainable aviation fuel.
The segment with a blending capacity exceeding 50% is expected to experience a higher Compound Annual Growth Rate (CAGR) in the Sustainable Aviation Fuel (SAF) market, driven by several factors. This elevated blending capacity indicates a more robust integration of SAF into conventional aviation fuel, underscoring a heightened commitment from airlines and the aviation sector to curb carbon emissions. The increased blending capacity reflects a growing demand for SAF, influenced by regulatory mandates, corporate sustainability objectives, and a rising environmental consciousness. As the aviation industry intensifies efforts to achieve substantial emission reductions, the segment with over 50% blending capacity is poised for accelerated growth, emblematic of a significant transition towards sustainable practices within the sector.
The unmanned aerial vehicle segment is projected to witness a higher market share during the forecast period
Based on the platform, the unmanned aerial vehicles segment is expected to hold a market share for the Sustainable Aviation Fuel market due to several key factors. The UAV segment is poised for a higher CAGR in the SAF market, driven by the escalating adoption of drones in agriculture, surveillance, and logistics. With a growing emphasis on environmental sustainability, incorporating SAF in UAV operations aligns with global efforts to reduce carbon emissions. The UAV sector's rapid adaptation to new technologies and regulations further accelerates its growth within the sustainable aviation fuel market.
The Biofuel segment is projected to witness a higher market share during the forecast period
Based on the fuel type, Some of the key factors that are likely to drive this segment's growth in the forecast period include a fully developed technology of biofuel compared to other SAF options, such as PtL or GtL. Biofuel is hence more available and can be produced on a large scale at lower costs. Most of the time, biofuel production uses already established agricultural and waste management infrastructure, hence, a better-established supply chain is realized. This supply chain, being somewhat developed, minimizes the need for new investments in production facilities upfront. Production of biofuels can occur from a varied range of renewable sources, such as from waste cooking oil, agricultural residues, and even municipal solid waste. This ensures a level steadiness in supplies even in the face of fluctuating specific feedstock availability.
The HEFA-SPK segment is projected to witness a higher market share during the forecast period
Based on the biofuel manufacturing technology, the The HEFA-SPK manufacturing technology is foreseen to capture the maximum share in the market of SAF. It is highly scalable and efficient, hence allowing large-scale production of SAF using HEFA-SPK technology. Therefore, it would emerge as a plausible alternative to the growing demand for sustainable aviation fuels. Starch and sugarcane are abundant, available, and renewable resources, especially in South America and Asia. This alone can assure long-term feedstock security for HEFA-based SPKs production. In general, HEFA-SPK has much lower carbon intensity compared with the other production routes for SAFs. These production routes also signify different greenhouse gas intensities for the resultant SAFs where, in general, HEFA-SPK should be considered the one from which such kind of emission results in the least intensity. Fine, this HEFA technology allows more cost-effective solutions compared to others. Such produced fuels are drop-in fuels, meaning they can be used in jet engines of today. Thus, it shall be practical and no-fuss solution for the.
The Airline segment is projected to witness a higher market share during the forecast period
Based on the End user segment, The market share of airline end-users is expected to be the highest in the SAF market, owing to the fact that more stringent regulations are imposed by governments around the globe on airlines to reduce their carbon emissions. Very often, such mandates involve the use of a certain percentage of SAF by the airlines. Consequently, airlines also face growing pressure from consumers, investors, and environmental organizations to reduce their environmental impact. It's good enough an option upon which one can look to assuage such fears and improve their public image. SAF helps airlines diversify fuels without reliance on traditional fossil fuels, thus taking away the risk associated with a shortage in fuel supplies.
Sustainable Aviation Fuel Market Regional Analysis
The Middle East market is projected to grow the fastest from 2023 to 2028
The Middle East is expected to experience a higher Compound Annual Growth Rate (CAGR) in the Sustainable Aviation Fuel (SAF) market due to various factors. The region's emphasis on sustainable development and substantial investments in renewable energy establish a favorable environment for the growth of SAF. Abundant sunlight enables efficient biofuel production, aligning with global initiatives to mitigate carbon emissions. Additionally, the Middle East's robust financial capabilities and government support stimulate innovation and infrastructure development, positioning the region as a crucial influencer in advancing the adoption of SAF.
Sustainable Aviation Fuel Market by Region
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The North America is projected to have highest market share 2023 to 2028
The North America will hold the major market share in the sustainable aviation fuel market. The governments of North American countries, particularly the United States, have laid down strict policies and regulation for adaptation to SAF. These include a system of tax incentives, mandates, and investment in research and development. Research and development related to sustainable aviation technologies in North America-including production methods for SAF-are very strongly based. This competitive advantage will further enable production in an efficient and cost-effective way. The region holds varied availability of renewable feedstock-such as agricultural residues, waste cooking oils, and municipal solid waste-suitable for the production of SAF. This raw material source will be common and continuing. The North American aviation infrastructure is already well established, refineries and fuel distribution networks being a part of the infrastructure. The introduction of SAF into the supply chain for aircraft fuel would be easier to implement.
The Asia Pacific is projected to have second highest CAGR 2023 to 2028
By regional market, the Asia-Pacific will be the second-fastest-growing in terms of CAGR in the SAF market. The economic boom in the region is translating into exponential increases in demand for air travel. This increase in demand for more aviation services raises a need for fuel options in terms of sustainability to be developed to meet the needs or substitution of other fuels. Most of the Asian countries have framed policies and regulations with the aim of attaining sustainable development and accomplishing a low level of carbon emission. This includes support for the development and use of SAF. In fact, such renewable feedstocks for SAF production include agricultural residues, waste cooking oil, and MSW.
Sustainable Aviation Fuel Companies: Key Market Players
The Sustainable Aviation Fuel Companies is dominated by a few globally established players such as:
Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US)
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Scope of the Report
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Report Metric |
Details |
Estimated Value |
USD 1.1 billion in 2023 |
Projected Value |
USD 16.8 billion by 2030 |
Growth Rate |
CAGR of 47.7% |
Market size available for years |
2019-2030 |
Base year considered |
2022 |
Forecast period |
2023-2030 |
Forecast units |
Value (USD Million/Billion) |
Segments Covered |
By Fuel Type, By Biofuel Manufacturing Technology, By Blending Capacity, By Platform |
Geographies Covered |
North America, Europe, Asia Pacific, Middle East and Latin America |
Companies Covered |
Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others. |
Sustainable Aviation Fuel Market Highlights
The study categorizes the sustainable aviation fuel market based on Fuel Type, Biofuel Manufacturing Technology, Blending Capacity, Platform, and Region
Segment |
Subsegment |
By Fuel Type |
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By Manufacturing Technology |
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By Blending Capacity |
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By Platform |
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By Region |
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Recent Developments
- In October 2023, Emirates and Neste have broadened their collaboration to provide more than three million gallons of blended Neste MY Sustainable Aviation Fuel (SAF) in 2024 and 2025. The SAF, combined with traditional jet fuel, is slated for delivery during 2024 and 2025, specifically for Emirates' flights departing from Amsterdam Schiphol and Singapore Changi airports.
- GAIL has joined forces with LanzaTech Global, a US-based company, to investigate the establishment of a pilot project focused on capturing and converting CO2 into valuable materials in July, 2023. This collaboration aims to explore cutting-edge technology solutions aligning with GAIL's Net Zero 2040 objectives and has the potential to contribute to broader global decarbonization initiatives, as stated by India's largest gas utility.
- Gevo, Inc. (NASDAQ: GEVO) has revealed a new fuel sales deal with Iberia Airlines, a part of International Airlines Group (IAG) in November 2022. Under the agreement, Gevo will supply Iberia Airlines with 6 million gallons of sustainable aviation fuel annually for five years, starting in 2028. The estimated value of the agreement, including environmental benefits, is $165 million over the specified period.
- In July, 2021 Fulcrum BioEnergy completed the construction of Sierra BioFuels Plant – the world’s first commercial-scale plant that can convert household garbage and MSW into transportation fuel.
- Fulcrum BioEnergy Inc. has finalized a $20 million equity investment from SK innovation, the energy division of South Korea's SK Group. This collaboration extends beyond the investment, as Fulcrum and SK innovation plan an exclusive licensing agreement. The agreement aims to explore the application of Fulcrum's patented waste-to-fuel process in South Korea and select Asian countries.
Frequently Asked Questions (FAQ’s):
What is the current size of the Sustainable Aviation Fuel market?
The Sustainable Aviation Fuel market size is projected to grow from USD 1.1 billion in 2023 to USD 16.8 billion by 2030, at a CAGR of 47.7% from 2023 to 2030.
What are some of the technological advancements in the market?
The sustainable aviation fuel (SAF) market has witnessed notable technological advancements aimed at enhancing production efficiency and expanding its viability. Innovations include the development of advanced feedstock technologies, such as algae and halophytes, which offer more sustainable and scalable sources for biofuel production. Additionally, there have been strides in catalytic processes and refining techniques to improve the overall yield and quality of SAF. Advancements in hydrogen fuel cells, another segment of the SAF market, contribute to more efficient and eco-friendly aviation solutions. These technological breakthroughs collectively drive the SAF market toward greater sustainability and play a pivotal role in addressing environmental concerns in the aviation industry.
What are the factors driving the growth of the market?
The Sustainable Aviation Fuel market is propelled by the surging global air passenger traffic, leading to increased demand for advanced sustainabale and environment friendly fuel technologies. The pursuit of fuel efficiency and emissions reduction in aviation has also boosted the need for suatainable aviation fuels.
Who are the key players and innovators in the ecosystem of the Sustainable Aviation Fuel market?
Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others.
What are the growth opportunities in the Sustainable Aviation Fuel market?
The sustainable aviation fuel (SAF) market presents promising growth opportunities driven by a surge in global initiatives to reduce carbon emissions in aviation. Increasing support from governments and regulatory bodies, coupled with rising investments in research and development, creates a conducive environment for innovation and market expansion. Collaborations among key stakeholders, such as airlines, manufacturers, and biofuel producers, offer avenues for scaling up SAF production. Additionally, the growing demand for sustainable aviation solutions and advancements in feedstock technologies further enhance the market's potential for long-term growth.
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- 5.1 INTRODUCTION
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5.2 MARKET DYNAMICSDRIVERS- Focus on reducing greenhouse gas (GHG) emissions- Rise in air passenger traffic- Higher fuel efficiency than conventional jet fuelsRESTRAINTS- Shortage of feedstocks and refineries- Significant price difference between sustainable and conventional jet fuelsOPPORTUNITIES- Increasing demand for sustainable aviation fuel from airlines- Sustainable aviation fuel’s drop-in capability boosts demand for carbon footprint reduction- Government initiatives for sustainable fuel alternativesCHALLENGES- High operating cost of airlines- Inconsistencies in techno-economic and lifecycle analyses- Huge capital requirement for approval and certification of sustainable aviation fuel- Limitations associated with blending capacity
- 5.3 RECESSION IMPACT ANALYSIS
- 5.4 PRICING ANALYSIS
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5.5 JET FUEL VS. SUSTAINABLE AVIATION FUEL PRICING TRENDVOLUME AND PRICEFUEL CONSUMPTION AND EMISSIONOPERATIONAL COST AND EFFICIENCYINFRASTRUCTURE REQUIREMENT
- 5.6 VALUE CHAIN ANALYSIS
- 5.7 ECOSYSTEM MAPPING
- 5.8 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
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5.9 PORTER’S FIVE FORCES ANALYSISTHREAT OF NEW ENTRANTSTHREAT OF SUBSTITUTESBARGAINING POWER OF SUPPLIERSBARGAINING POWER OF BUYERSINTENSITY OF COMPETITIVE RIVALRY
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5.10 TARIFF AND REGULATORY LANDSCAPETARIFF RELATED TO SUSTAINABLE AVIATION FUELORGANIZATIONS INVOLVED IN SUSTAINABLE AVIATION FUEL PROGRAMS- Sustainable Aviation Fuel Users Group- Initiatives by International Air Transport Association Members- Commercial Aviation Alternative Fuels Initiative- NORDIC & NISA Initiatives for Sustainable Aviation- Air Transport Action Group- International Civil Aviation Organization- International Renewable Energy AgencyREGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
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5.11 USE CASE ANALYSISOFFTAKE AGREEMENTSSUNFIRE E-CRUDE PLANTPOWER-TO-LIQUID TECHNOLOGY PLANTGREEN PROPELLANT INFUSION
- 5.12 VOLUME DATA
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5.13 COST CONTRIBUTION OF ELEMENTS ACROSS SUSTAINABLE AVIATION FUEL SUPPLY CHAINFACTORS INFLUENCING SUSTAINABLE AVIATION FUEL COST- Improved feedstock yields- Advanced bio-manufacturing technology- Increased production of sustainable aviation fuelROLE OF SUSTAINABLE AVIATION FUEL CERTIFICATES, REGISTRIES, AND BOOK AND CLAIM SYSTEMS- Sustainable Aviation Fuel Certificates- Sustainable Aviation Fuel Registries- Book and Claim Systems
- 5.14 OPERATIONAL DATA
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5.15 KEY STAKEHOLDERS AND BUYING CRITERIASTAKEHOLDERS IN BUYING PROCESSKEY BUYING CRITERIA
- 6.1 INTRODUCTION
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6.2 TECHNOLOGY TRENDSHYDROTHERMAL LIQUEFACTIONPYROLYSISALCOHOL-TO-JET (ATJ)HYCOGENFISCHER-TROPSCH (FT)HYBRID ELECTRIC PROPULSIONELECTROFUEL
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6.3 IMPACT OF MEGATRENDSBLOCKCHAIN INTEGRATION FOR SUPPLY CHAIN TRANSPARENCYARTIFICIAL INTELLIGENCE FOR FEEDSTOCK OPTIMIZATIONADVANCED ANALYTICS FOR MARKET FORECASTINGCOLLABORATIVE INDUSTRY PLATFORMS FOR KNOWLEDGE SHARINGCIRCULAR ECONOMY INITIATIVES FOR FEEDSTOCK UTILIZATION
- 6.4 SUPPLY CHAIN ANALYSIS
- 6.5 PATENT ANALYSIS
- 7.1 INTRODUCTION
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7.2 BIOFUELLONG-TERM SUSTAINABILITY PLANS TO DRIVE GROWTH
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7.3 HYDROGEN FUELREDUCTION IN GHG EMISSIONS TO DRIVE GROWTH
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7.4 POWER-TO-LIQUIDLOW LIFECYCLE EMISSIONS TO DRIVE GROWTH
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7.5 GAS-TO-LIQUIDTECHNOLOGICAL ADVANCEMENTS TO DRIVE GROWTH
- 8.1 INTRODUCTION
- 8.2 FISCHER-TROPSCH SYNTHETIC PARAFFINIC KEROSENE (FT-SPK)
- 8.3 HYDROPROCESSED ESTERS AND FATTY ACIDS SYNTHETIC PARAFFINIC KEROSENE (HEFA-SPK)
- 8.4 SYNTHETIC ISO-PARAFFINS FROM FERMENTED HYDROPROCESSED SUGAR (HFS-SIP)
- 8.5 ALCOHOL-TO-JET SYNTHETIC PARAFFINIC KEROSENE (ATJ-SPK)
- 8.6 CATALYTIC HYDROTHERMOLYSIS JET (CHJ)
- 8.7 HYDROPROCESSED ESTERS AND FATTY ACIDS SYNTHETIC PARAFFINIC KEROSENE (HC-HEFA-SPK)
- 8.8 FISCHER-TROPSCH SYNTHETIC PARAFFINIC KEROSENE ALTERNATIVE (FT-SPK/A)
- 9.1 INTRODUCTION
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9.2 BELOW 30%FOCUS ON LOWERING DEPENDENCY ON PETROLEUM FUELS TO DRIVE GROWTH
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9.3 30–50%NEED TO REDUCE CARBON FOOTPRINT IN AVIATION INDUSTRY TO DRIVE GROWTH
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9.4 ABOVE 50%R&D IN TECHNOLOGICAL PATHWAYS TO DRIVE GROWTH
- 10.1 INTRODUCTION
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10.2 COMMERCIAL AVIATIONNARROW-BODY AIRCRAFT (NBA)- Rise in air travel and air passenger traffic to drive growthWIDE-BODY AIRCRAFT (WBA)- Need to reduce GHG emissions to drive growthREGIONAL TRANSPORT AIRCRAFT (RTA)- Increasing use of alternative fuels to drive growth
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10.3 MILITARY AVIATIONFIGHTER JET- Emphasis on military sustainability and greener defense solutions to drive growthTRANSPORT AIRCRAFT- Increasing recognition of energy security by defense agencies to drive growthMILITARY HELICOPTER- Focus on operational flexibility within defense operations to drive growth
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10.4 BUSINESS AND GENERAL AVIATIONBUSINESS JET- Expansion of private aviation companies to drive growthCOMMERCIAL HELICOPTER- Emphasis on corporate social responsibility and sustainability by helicopter operators to drive growth
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10.5 UNMANNED AERIAL VEHICLE (UAV)COMMERCIAL UNMANNED AERIAL VEHICLE- Ongoing projects for development of hydrogen fuel cell aircraft to drive growthMILITARY UNMANNED AERIAL VEHICLE- Diverse use in defense applications to drive growth
- 11.1 INTRODUCTION
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11.2 AIRLINELARGE AIRLINE- Financial strength and ample resources to drive growthMEDIUM AIRLINE- Regulatory pressure and increased passenger traffic to drive growthSMALL AIRLINE- Government support for use of sustainable aviation fuel to drive growth
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11.3 NON-SCHEDULED OPERATORGOVERNMENT INCENTIVES AND INVESTMENTS IN SUSTAINABLE AVIATION FUEL PRODUCTION TO DRIVE GROWTH
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11.4 GOVERNMENT/MILITARYCOLLABORATIVE EFFORTS AMONG STRATEGIC PARTNERS TO DRIVE GROWTH
- 12.1 INTRODUCTION
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12.2 NORTH AMERICAPESTLE ANALYSISUS- Rising concerns about carbon emissions to drive growthCANADA- Innovations focused on lowering carbon footprint to drive growth
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12.3 ASIA PACIFICPESTLE ANALYSISINDIA- Government support for adoption of sustainable aviation fuel to drive growthAUSTRALIA- Development of commercial supply chains of sustainable aviation fuel to drive growthSOUTH KOREA- Increasing investments in sustainable aviation solutions to drive growthJAPAN- Development of sustainable aviation fuel by key domestic players to drive growthCHINA- Collaborations between Chinese airlines, airframe manufacturers, and biofuel producers to drive growthSINGAPORE- Presence of oil & gas multinationals to drive growthREST OF ASIA PACIFIC
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12.4 EUROPEPESTLE ANALYSISGERMANY- Advancements in technological pathways to drive growthUK- Presence of prominent sustainable aviation fuel manufacturers to drive growthFRANCE- Initiatives on low carbon strategy from global leaders to drive growthDENMARK- Rapid development of sustainable fuel by aviation industry to drive growthFINLAND- Long-term initiatives for production of e-fuels to drive growthREST OF EUROPE
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12.5 MIDDLE EASTPESTLE ANALYSISUAE- New initiatives on sustainability to drive growthBAHRAIN- Projects testing scalability of sustainable aviation fuel in airlines to drive growthQATAR- Focus of domestic airlines on biofuel production to drive growth
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12.6 LATIN AMERICAPESTLE ANALYSISBRAZIL- GHG reduction initiatives to drive growthMEXICO- Boost in R&D of sustainable aviation fuel to drive growth
- 13.1 INTRODUCTION
- 13.2 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
- 13.3 MARKET SHARE ANALYSIS, 2023
- 13.4 RANKING ANALYSIS, 2023
- 13.5 REVENUE ANALYSIS, 2023
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13.6 COMPANY EVALUATION MATRIX, 2023STARSEMERGING LEADERSPERVASIVE PLAYERSPARTICIPANTSCOMPANY FOOTPRINT
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13.7 START-UP/SME EVALUATION MATRIX, 2023PROGRESSIVE COMPANIESRESPONSIVE COMPANIESDYNAMIC COMPANIESSTARTING BLOCKSCOMPETITIVE BENCHMARKING
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13.8 COMPETITIVE SCENARIOS AND TRENDSDEALSOTHERS
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14.1 KEY PLAYERSNESTE- Business overview- Products/Solutions/Services offered- Recent developments- MnM viewFULCRUM BIOENERGY- Business overview- Products/Solutions/Services offered- Recent developments- MnM viewLANZATECH- Business overview- Products/Solutions/Services offered- Recent developments- MnM viewWORLD ENERGY, LLC- Business overview- Products/Solutions/Services offered- Recent developments- MnM viewTOTALENERGIES- Business overview- Products/Solutions/Services offered- Recent developments- MnM viewGEVO- Business overview- Products/Solutions/Services offered- Recent developmentsSG PRESTON- Business overview- Products/Solutions/Services offered- Recent developmentsVELOCYS PLC- Business overview- Products/Solutions/Services offered- Recent developmentsNORTHWEST ADVANCED BIO-FUELS, LLC- Business overview- Products/Solutions/Services offered- Recent developmentsSKYNRG- Business overview- Products/Solutions/Services offered- Recent developmentsRED ROCK BIOFUELS- Business overview- Products/Solutions/Services offered- Recent developmentsAEMETIS, INC.- Business overview- Products/Solutions/Services offered- Recent developmentsPROMETHEUS FUELS- Business overview- Products/Solutions/Services offered- Recent developmentsWASTEFUEL- Business overview- Products/Solutions/Services offered- Recent developmentsALDER RENEWABLES- Business overview- Products/Solutions/Services offered- Recent developmentsSAF+ CONSORTIUM- Business overview- Products/Solutions/Services offered- Recent developmentsPREEM AB- Business overview- Products/Solutions/Services offered- Recent developmentsOMV GROUP- Business overview- Products/Solutions/Services offered- Recent developmentsBP P.L.C.- Business overview- Products/Solutions/Services offered- Recent developments
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14.2 OTHER PLAYERSATMOSFAIRPHILLIPS 66 COMPANYSUNDROP FUELS, INC.HYPOINT INC.ZEROAVIA, INC.
- 15.1 DISCUSSION GUIDE
- 15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
- 15.3 CUSTOMIZATIONS OPTIONS
- 15.4 RELATED REPORTS
- 15.5 AUTHOR DETAILS
- TABLE 1 INCLUSIONS AND EXCLUSIONS
- TABLE 2 USD EXCHANGE RATES
- TABLE 3 AIRPORTS WITH SUSTAINABLE AVIATION FUEL BLENDING AND SUPPLY FACILITIES
- TABLE 4 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL TYPE (USD/LITER)
- TABLE 5 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL MANUFACTURER (USD/LITER)
- TABLE 6 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY REGION (USD/LITER)
- TABLE 7 AVERAGE CONSUMPTION AND EMISSION OF JET AND SUSTAINABLE AVIATION FUELS
- TABLE 8 ROLE OF COMPANIES IN ECOSYSTEM
- TABLE 9 PORTER’S FIVE FORCES ANALYSIS
- TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 13 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 14 EXISTING AIRCRAFT FLEET, BY PLATFORM, 2019–2028 (UNITS)
- TABLE 15 SUSTAINABLE AVIATION FUEL OFFTAKE AGREEMENTS PER FUEL PRODUCER, 2015–2021 (MILLION LITERS)
- TABLE 16 SUSTAINABLE AVIATION FUEL OFFTAKE AGREEMENTS PER FUEL PURCHASER, 2015–2021 (MILLION LITERS)
- TABLE 17 COST CONTRIBUTION OF ELEMENTS ACROSS SUSTAINABLE AVIATION FUEL SUPPLY CHAIN
- TABLE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SUSTAINABLE AVIATION FUEL (%)
- TABLE 19 KEY BUYING CRITERIA FOR SUSTAINABLE AVIATION FUEL
- TABLE 20 MAJOR PATENTS, 2019–2022
- TABLE 21 SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 22 SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 23 CURRENT HYDROGEN-POWERED AIRCRAFT DEVELOPMENTS
- TABLE 24 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 25 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 26 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 27 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 28 SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 29 SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 30 SUSTAINABLE AVIATION FUEL MARKET, BY END USER, 2019–2022 (USD MILLION)
- TABLE 31 SUSTAINABLE AVIATION FUEL MARKET, BY END USER, 2023–2030 (USD MILLION)
- TABLE 32 AIRLINE: SUSTAINABLE AVIATION FUEL MARKET, BY TYPE, 2019–2022 (USD MILLION)
- TABLE 33 AIRLINE: SUSTAINABLE AVIATION FUEL MARKET, BY TYPE, 2023–2030 (USD MILLION)
- TABLE 34 SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 35 SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2023–2030 (USD MILLION)
- TABLE 36 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 37 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
- TABLE 38 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 39 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 40 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 41 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 42 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 43 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 44 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 45 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 46 US: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 47 US: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 48 US: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 49 US: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 50 CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 51 CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 52 CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 53 CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 54 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 55 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
- TABLE 56 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 57 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 58 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 59 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 60 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 61 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 62 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 63 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 64 INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 65 INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 66 INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 67 INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 68 AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 69 AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 70 AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 71 AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 72 SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 73 SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 74 SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 75 SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 76 JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 77 JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 78 JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 79 JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 80 CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 81 CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 82 CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 83 CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 84 SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 85 SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 86 SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 87 SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 88 REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 89 REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 90 REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 91 REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 92 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 93 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
- TABLE 94 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 95 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 96 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 97 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 98 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 99 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 100 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 101 EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 102 GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 103 GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 104 GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 105 GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 106 UK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 107 UK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 108 UK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 109 UK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 110 FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 111 FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 112 FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 113 FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 114 DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 115 DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 116 DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 117 DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 118 FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 119 FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 120 FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 121 FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 122 REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 123 REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 124 REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 125 REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 126 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 127 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
- TABLE 128 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 129 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 130 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 131 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 132 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 133 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 134 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 135 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 136 UAE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 137 UAE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 138 UAE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION
- TABLE 139 UAE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 140 BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 141 BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 142 BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 143 BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 144 QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 145 QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 146 QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 147 QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 148 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 149 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
- TABLE 150 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 151 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 152 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 153 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- TABLE 154 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 155 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 156 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)
- TABLE 157 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- TABLE 158 BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 159 BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 160 BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 161 BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 162 MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)
- TABLE 163 MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- TABLE 164 MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)
- TABLE 165 MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- TABLE 166 STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023
- TABLE 167 DEGREE OF COMPETITION
- TABLE 168 COMPANY FOOTPRINT
- TABLE 169 PLATFORM FOOTPRINT
- TABLE 170 REGION FOOTPRINT
- TABLE 171 KEY START-UPS/SMES
- TABLE 172 COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
- TABLE 173 SUSTAINABLE AVIATION FUEL MARKET: DEALS, MAY 2020–OCTOBER 2023
- TABLE 174 SUSTAINABLE AVIATION FUEL MARKET: OTHERS, SEPTEMBER 2021– OCTOBER 2022
- TABLE 175 NESTE: COMPANY OVERVIEW
- TABLE 176 NESTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 177 NESTE: DEALS
- TABLE 178 FULCRUM BIOENERGY: COMPANY OVERVIEW
- TABLE 179 FULCRUM BIOENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 180 FULCRUM BIOENERGY: DEALS
- TABLE 181 LANZATECH: COMPANY OVERVIEW
- TABLE 182 LANZATECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 183 LANZATECH: DEALS
- TABLE 184 WORLD ENERGY, LLC: COMPANY OVERVIEW
- TABLE 185 WORLD ENERGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 186 WORLD ENERGY, LLC: DEALS
- TABLE 187 TOTALENERGIES: COMPANY OVERVIEW
- TABLE 188 TOTALENERGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 189 TOTALENERGIES: DEALS
- TABLE 190 GEVO: COMPANY OVERVIEW
- TABLE 191 GEVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 192 GEVO: DEALS
- TABLE 193 SG PRESTON: COMPANY OVERVIEW
- TABLE 194 SG PRESTON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 195 SG PRESTON: DEALS
- TABLE 196 VELOCYS PLC: COMPANY OVERVIEW
- TABLE 197 VELOCYS PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 198 VELOCYS PLC: DEALS
- TABLE 199 NORTHWEST ADVANCED BIO-FUELS, LLC: COMPANY OVERVIEW
- TABLE 200 NORTHWEST ADVANCED BIO-FUELS, LLC: PRODUCTS/SOLUTIONS/ SERVICES OFFERED
- TABLE 201 NORTHWEST ADVANCED BIO-FUELS, LLC: DEALS
- TABLE 202 SKYNRG: COMPANY OVERVIEW
- TABLE 203 SKYNRG: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 204 SKYNRG: DEALS
- TABLE 205 RED ROCK BIOFUELS: COMPANY OVERVIEW
- TABLE 206 RED ROCK BIOFUELS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 207 RED ROCK BIOFUELS: DEALS
- TABLE 208 AEMETIS, INC.: COMPANY OVERVIEW
- TABLE 209 AEMETIS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 210 AEMETIS, INC.: DEALS
- TABLE 211 PROMETHEUS FUELS: COMPANY OVERVIEW
- TABLE 212 PROMETHEUS FUELS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 213 PROMETHEUS FUELS: DEALS
- TABLE 214 WASTEFUEL: COMPANY OVERVIEW
- TABLE 215 WASTEFUEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 216 WASTEFUEL: DEALS
- TABLE 217 ALDER RENEWABLES: COMPANY OVERVIEW
- TABLE 218 ALDER RENEWABLES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 219 ALDER RENEWABLES: DEALS
- TABLE 220 SAF+ CONSORTIUM: COMPANY OVERVIEW
- TABLE 221 SAF+ CONSORTIUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 222 SAF+ CONSORTIUM: DEALS
- TABLE 223 PREEM AB: COMPANY OVERVIEW
- TABLE 224 PREEM AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 225 PREEM AB: DEALS
- TABLE 226 OMV GROUP: COMPANY OVERVIEW
- TABLE 227 OMV GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 228 OMV GROUP: DEALS
- TABLE 229 BP P.L.C.: COMPANY OVERVIEW
- TABLE 230 BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
- TABLE 231 BP P.L.C.: DEALS
- FIGURE 1 SUSTAINABLE AVIATION FUEL MARKET SEGMENTATION
- FIGURE 2 RESEARCH FLOW
- FIGURE 3 RESEARCH DESIGN
- FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
- FIGURE 5 BOTTOM-UP APPROACH
- FIGURE 6 TOP-DOWN APPROACH
- FIGURE 7 DATA TRIANGULATION
- FIGURE 8 INSIGHTS FROM INDUSTRY EXPERTS
- FIGURE 9 BIOFUEL TO BE LARGEST SEGMENT DURING FORECAST PERIOD
- FIGURE 10 HFS-SIP SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
- FIGURE 11 ABOVE 50% TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
- FIGURE 12 COMMERCIAL AVIATION TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD
- FIGURE 13 RISE IN DEMAND FOR REDUCTION OF CARBON AND GHG EMISSIONS
- FIGURE 14 BELOW 30% SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030
- FIGURE 15 HEFA-SPK TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
- FIGURE 16 MIDDLE EAST TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD
- FIGURE 17 SUSTAINABLE AVIATION FUEL MARKET DYNAMICS
- FIGURE 18 COMPARISON OF CLIMATE IMPACT FROM HYDROGEN PROPULSION AND SYNFUEL, 2050
- FIGURE 19 CO2 EMISSIONS, BY AIRCRAFT TYPE AND RANGE, 2022
- FIGURE 20 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL TYPE (USD/LITER)
- FIGURE 21 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL MANUFACTURER (USD/LITER)
- FIGURE 22 AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY REGION (USD/LITER)
- FIGURE 23 VOLUME AND PRICE OF JET AND SUSTAINABLE AVIATION FUELS
- FIGURE 24 VALUE CHAIN ANALYSIS
- FIGURE 25 ECOSYSTEM MAPPING
- FIGURE 26 TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
- FIGURE 27 PORTER’S FIVE FORCES ANALYSIS
- FIGURE 28 PROJECTED CAPACITY OF SUSTAINABLE AVIATION FUEL PRODUCTION, BY COUNTRY
- FIGURE 29 PROJECTED CAPACITY OF SUSTAINABLE AVIATION FUEL PRODUCTION, BY COMPANY
- FIGURE 30 PROJECTED FACILITIES FOR SUSTAINABLE AVIATION FUEL PRODUCTION, BY COUNTRY
- FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SUSTAINABLE AVIATION FUEL
- FIGURE 32 KEY BUYING CRITERIA FOR SUSTAINABLE AVIATION FUEL
- FIGURE 33 SUPPLY CHAIN ANALYSIS
- FIGURE 34 TOP PATENT APPLICANTS
- FIGURE 35 SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)
- FIGURE 36 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)
- FIGURE 37 SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)
- FIGURE 38 SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)
- FIGURE 39 SUSTAINABLE AVIATION FUEL MARKET, BY END USER, 2023–2030 (USD MILLION)
- FIGURE 40 SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2023–2030
- FIGURE 41 NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT
- FIGURE 42 ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT
- FIGURE 43 EUROPE: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT
- FIGURE 44 MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT
- FIGURE 45 LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT
- FIGURE 46 MARKET SHARE OF KEY PLAYERS, 2023
- FIGURE 47 MARKET RANKING OF KEY PLAYERS, 2023
- FIGURE 48 REVENUE ANALYSIS OF KEY PLAYERS, 2023
- FIGURE 49 COMPANY EVALUATION MATRIX, 2023
- FIGURE 50 START-UP/SME EVALUATION MATRIX, 2023
- FIGURE 51 NESTE: COMPANY SNAPSHOT
- FIGURE 52 TOTALENERGIES: COMPANY SNAPSHOT
- FIGURE 53 GEVO: COMPANY SNAPSHOT
- FIGURE 54 VELOCYS PLC: COMPANY SNAPSHOT
- FIGURE 55 BP P.L.C.: COMPANY SNAPSHOT
The study involved four major activities in estimating the current market size for the sustainable aviation fuel market. Exhaustive secondary research was conducted to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.
Secondary Research
The market size for sustainable aviation fuel was derived through secondary data available from paid and unpaid sources. It was also estimated by analyzing the application areas of sustainable aviation fuel in different aircraft types and their overall consumption in the market.
In the secondary research process, various secondary sources were referred to identify and collect information for this study. Secondary sources include annual reports, press releases, and investor presentations of companies; white papers and certified publications; articles from recognized authors; manufacturers associations; directories; and databases. Secondary research was mainly used to obtain key information about the industry’s supply chain, market’s monetary chain, total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-oriented perspectives. Some other sources include the International Civil Aviation Organization (ICAO), International Air Transport Association (IATA), International Energy Agency (IEA), International Renewable Energy Agency (IRENA), Nordic Energy Research, European Union Aviation Safety Agency (EASA), Boeing Commercial Outlook, Federal Aviation Administration (FAA), and General Aviation Manufacturers Association, among others.
Secondary research was used to obtain key information about the industry’s value chain and supply chain to identify key players by various products, services, market classifications, and segmentation according to offerings of major players and industry trends related to technology, application, vertical, and region, and key developments from both market and technology-oriented perspectives.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply side included various industry experts such as CXOs, VPs, directors, regional managers, business and product development teams, distributors, and vendors and related key executives from sustainable aviation fuel stakeholders such as Shell, SkyNRG, Gevo, Harambe-Renewable Energy Group, and CLS Energy Consultancy Limited, service providers; professional and managed service providers; industry associations (IATA, EASA, IRENA, etc.); independent security consultants and importers; distributors; and key opinion leaders.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down and bottom-up approaches were used to estimate and validate the size of the sustainable aviation fuel market. The research methodology used to estimate the size of the market includes the following details.
Key players in the market were identified through secondary research, and their market share was determined through primary and secondary research. This included a study of the annual and financial reports of top market players and extensive interviews with industry stakeholders such as CEOs, technical advisors, military experts, aircraft maintenance professionals, and SMEs of leading companies operating in the market.
All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data on the sustainable aviation fuel market. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.
Market size estimation methodology: Bottom-up approach
The bottom-up approach was employed to arrive at the overall size of the global sustainable aviation fuel market from the volume data of sustainable aviation fuel and the average pricing of all product types, including biofuel and hydrogen. These calculations led to the estimation of the overall market size. This approach was also used for the platform and region segments of the report.
Market Size Estimation: Bottom-Up Approach (Supply Side)
Top-Down Approach
In the top-down approach, the overall market size was used to estimate the size of the individual markets (mentioned in market segmentation) through percentage splits obtained from secondary and primary research.
For calculation of the specific market segments, airlines using or adopting sustainable aviation fuels were tracked down country-wise. The data extracted consisted of total sustainable aviation fuel consumed by airlines in a particular year, depending on the total distance that would be covered by the aircraft in the round trip. The bottom-up approach was also implemented to validate the market segment revenues obtained. With data triangulation procedure and validation of data through primaries, the overall parent market size and each market size were determined and confirmed in this study. The data triangulation procedure used for this study is explained in the market breakdown and triangulation section.
Market Size Estimation: Top-Down Approach
Data Triangulation and Validation
After arriving at the overall market size through the market size estimation process explained above, the total market was split into several segments and subsegments. Data triangulation procedure explained below was implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for market segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using both top-down and bottom-up approaches.
Market Definition
The Sustainable Aviation Fuel (SAF) market revolves around the production, distribution, and adoption of aviation fuels derived from renewable sources, aiming to curb greenhouse gas emissions in the aviation sector. This market includes diverse feedstock sources, production technologies, and blending processes, with a keen focus on regulatory frameworks promoting sustainable practices. Airlines, aircraft manufacturers, and investors contribute to the market's growth by adopting SAF, fostering infrastructure development, and supporting environmental impact assessments. With a strong emphasis on education and awareness, the SAF market is a dynamic ecosystem striving to mitigate the environmental impact of air travel through the widespread use of eco-friendly aviation fuels.
Key Stakeholders
The SAF (Sustainable Aviation Fuel) market ecosystem involves a diverse array of key stakeholders committed to transforming the aviation industry toward greater sustainability. Primary stakeholders include airlines, aircraft manufacturers, and fuel producers, who play pivotal roles in adopting and promoting SAF. Government agencies and regulatory bodies are crucial stakeholders, shaping policies, standards, and incentives to encourage SAF adoption. Additionally, research institutions and technology developers contribute by advancing production methods and improving the efficiency of SAF. Financial institutions and investors are increasingly recognizing the economic potential of sustainable aviation, supporting the growth of SAF through funding and strategic investments. Finally, consumers and environmental advocacy groups are influential stakeholders, advocating for sustainable practices and influencing market demand. The collaborative efforts of these stakeholders are essential for driving the development and widespread adoption of SAF, thereby reducing the aviation industry's carbon footprint.
Report Objectives
- To identify and analyze key drivers, restraints, challenges, and opportunities influencing the growth of the sustainable aviation fuel market
- To analyze the impact of macro and micro indicators on the market
- To forecast the market size of segments for five regions, namely, North America, Europe, Asia Pacific, Middle East, and Latin America. Along with major countries in each of these regions
- To strategically analyze micro markets with respect to individual technological trends, prospects, and their contribution to the overall market
- To strategically profile key market players and comprehensively analyze their market ranking and core competencies
- To provide a detailed competitive landscape of the market, along with an analysis of business and corporate strategies, such as contracts, agreements, partnerships, and expansions.
- To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the market
- To define, describe, segment, and forecast the sustainable aviation fuel market on the basis of fuel type, biofuel manufacturing technology, blending capacity, platform, and region
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the market segments at the country level
Company Information
- Detailed analysis and profiling of additional market players (up to 6)
Growth opportunities and latent adjacency in Sustainable Aviation Fuel Market
Can you provide details of companies which buy and sell Aviation Fuel along with their specific preferences?