MarkNtel Advisors recently published a detailed industry analysis of the Global Sustainable Aviation Fuel Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Sustainable Aviation Fuel, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Sustainable Aviation Fuel Market is estimated to grow at a CAGR of around 56.32% during the forecast period, i.e., 2023-28.
Key Findings in Global Sustainable Aviation Fuel Market:
- Historical Analysis: 2018 –2021
- Base Year: 2022
- Forecast Period: 2023-2028
Leading Market Players- Gevo Inc., Eni SPA, Neste Oyj, Fulcrum Bioenergy, SKYNRG, Avfuel Corporation, Velocys, Red Rock Biofuels, Sundrop Fuels Inc., ZeroAvia, Inc., Aemetis, Inc., Ballard Power Systems, SG Preston Company and Others
Key Highlights of the Report
- Market Dimensions And Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Global Sustainable Aviation Fuel industry?
A Sudden Surge in The Number of Agreements among Airlines & SAF Producers- As the airlines continue prioritizing their climate goals, there has been a significant inclination towards renewable fuels. It is because these companies have recognized the potential of SAF in delivering the performance of petroleum-based jet fuel while leaving minimal carbon footprints, enabling the aviation industry to embrace decarbonization on a much larger scale. Given this, there has been massive investment in non-bio-oil technologies and feedstock, such as biomass and ethanol-to-jet fuel, resulting in the emergence of more producers, in turn, positively influencing the market dynamics.
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What segments define the Global Sustainable Aviation Fuel Market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
By Fuel Type
- Hydrogen Fuel
- Biofuel
- Power to Liquid Fuel
According to report, Of them all, Biofuel is anticipated to continue dominating the Global Sustainable Aviation Fuel Market with the largest share during the forecast period.
By Manufacturing Method
- Fischer-Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
- Hydroprocessed Esters and Fatty Acids (HEFA-SPK)
- Hydroprocessed Fermented Sugars to Synthetic Isoparaffins (HFS-SIP)
- FT-SPK with aromatics (FT-SPK/A)
- Alcohol-to-Jet Synthetic Paraffinic Kerosene (ATJ-SPK)
- Catalytic hydrothermolysis synthetic jet fuel (CHJ)
By End Users
- Military Aviation
- Business and General Aviation
- Commercial Aviation
By Blending Capacity
- Below 30%
- 30% to 50%
- Above 50%
According to report, Here, the demand for sustainable aviation fuels with 30% to 50% blending capacity is anticipated to grow fastest during the forecast period.
Explore the Complete Global Sustainable Aviation Fuel Market Analysis Report – https://www.marknteladvisors.com/research-library/global-sustainable-aviation-fuel-market.html
Geographical Analysis: Global Sustainable Aviation Fuel Market
By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
The Global Sustainable Aviation Fuel Industry Recent Development:
- In December 2022, Fulcrum BioEnergy successfully completed the manufacturing of first ever low-carbon fuel from landfill waste at its Sierra biofuels plant.
- In March 2022, Avfuel Corporation disclosed its plan to consistently supply Neste MY Sustainable Aviation FuelTM to Del Monte Aviation (KMRY).
- In October 2021, Neste Oyj planned to produce 515 million gallons of sustainable aviation fuel by the end of 2023, collaborating with Delta & JetBlue. The leader, using agricultural waste & animal fats as a step toward reducing Green House Gas (GHG) emissions, developed its blended fuel.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Global Sustainable Aviation Fuel?
- How is the Global Sustainable Aviation Fuel expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, And data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial And varied client base, including multinational corporations, financial institutions, governments, And individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing And forecasting, And trend analysis, among others, for 15 diverse industrial verticals.
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