Sustainable aviation fuel (SAF) is a sustainable fuel that reduces the carbon footprint of aircraft operations, including transportation, combustion, and distribution. Its life cycle CO2 emissions are around 80% lower than fossil fuels. Its transport, manufacturing, and distribution can significantly decrease hazardous emissions such as nitrous oxide (NOx), particulate matter (PM10), and sulfur dioxide.
Market Dynamics:
The sustainable aviation fuel market is an emerging market that is expected to grow at a rapid pace during the forecast period. The increasing air traffic and rising demand for renewable jet fuel in developing countries are the major factors driving market growth. In addition, rising public and private spending on the development of aviation infrastructure in developing economies are also contributing to the growth of this market.
On the other hand, higher cost of SAF is expected to restrict the market growth.
Key features of the study:
- This report provides in-depth analysis of the global sustainable aviation fuel market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sustainable aviation fuel market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Neste, AEMETIS, INC., Gevo, Shell PLC, Lanza Jet, and Sky NRG
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global sustainable aviation fuel market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global v market
Detailed Segmentation:
- Global Sustainable Aviation Fuel Market, By Fuel Type
- Biofuel
- Hydrogen Fuel
- Power to Liquid Fuel
- Global Sustainable Aviation Fuel Market, By Aircraft Type
- Fixed Wings
- Rotorcraft
- Others
- Global Sustainable Aviation Fuel Market, By Platform
- Commercial Aviation
- Military Aviation
- Business & General Aviation
- Unmanned Aerial Vehicle
- Global Sustainable Aviation Fuel Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Neste
- AEMETIS, INC.
- Gevo
- Shell PLC
- Lanza Jet
- Sky NRG