Industries > Aviation > Sustainable Aviation Fuel Market Report 2024-2024

Sustainable Aviation Fuel Market Report 2024-2024

Forecasts by Fuel Type (Hydrogen Fuel Cell, Biofuel, Power to Liquid, Gas to Liquid), by Blending Capacity (Below 30%, 30% to 50%, Above 50%), by Biofuel Manufacturing Technology (HFS-SIP, ATJ-SPK, FT-SPK, HEFA-SPK), by Platform (Commercial Aviation, Military Aviation, Business & General Aviation, Unmanned Aerial Vehicle) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis

PUBLISHED: 10 May 2024
PAGES: 286
PRODUCT CODE: AVI0245

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The Sustainable Aviation Fuel Market Report 2024-2034: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Government Initiatives Are Pushing the Adoption of Sustainable Aviation Fuel (SAF)

Stringent environmental regulations and policies worldwide are driving the sustainable aviation fuel (SAF) market’s growth. Governments are enacting measures like blending mandates and incentives to boost SAF adoption, with some countries emphasizing hydrogen solutions. Initiatives like the US Inflation Reduction Act and the UK’s Jet Zero strategy are driving the hydrogen economy, with the aviation industry focusing on hydrogen-powered electricity by 2023. Also, carbon pricing mechanisms and emissions trading schemes incentivize investment in SAF production and use. As governments continue to tighten environmental regulations and set ambitious emissions reduction targets, the demand for SAF is expected to expand, creating favourable market conditions for industry players.

Challenges Associated with Sustainable Aviation Fuel (SAF) Industry

A key challenge impeding the Sustainable Aviation Fuel (SAF) market growth is the limited availability and high cost of sustainable feedstocks. For example, according to the International Council on Clean Transportation (ICCT), the production cost of Sustainable Aviation Fuel varies significantly, ranging from €0.88 per litter or US$1.0 per litter (for lipid-based feedstock using the hydro processed esters and fatty acids (HEFA) process) to €3.44 per litter or US$3.9 per litter (via hydro processing of fermented sugars). This cost range is about 2 to 8 times higher than the price of conventional jet fuel.

Also, the UK-based trade group Energy Industries Council (EIC) report from March 2024, underscores the primary obstacles hindering the global expansion of sustainable aviation fuel (SAF) production: high costs and limited feedstock availability. Despite SAF’s significant environmental advantages, such as an up to 80% reduction in lifecycle carbon emissions compared to traditional jet fuel, its current market share remains below 1%. To achieve the aviation industry’s goal of net-zero carbon dioxide emissions by 2050, addressing challenges like access to feedstocks, attracting investment, and implementing supportive government policies for SAF production and adoption is imperative.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the sustainable aviation fuel market evolving?
  • What is driving and restraining the sustainable aviation fuel market?
  • How will each sustainable aviation fuel submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2034?
  • How will the market shares for each sustainable aviation fuel submarket develop from 2024 to 2034?
  • What will be the main driver for the overall market from 2024 to 2034?
  • Will leading sustainable aviation fuel markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2034 and which geographical region will lead the market in 2034?
  • Who are the leading players and what are their prospects over the forecast period?
  • What are the sustainable aviation fuel projects for these leading companies?
  • How will the industry evolve during the period between 2024 and 2034? What are the implications of sustainable aviation fuel projects taking place now and over the next 10 years?
  • Is there a greater need for product commercialisation to further scale the sustainable aviation fuel market?
  • Where is the sustainable aviation fuel market heading and how can you ensure you are at the forefront of the market?
  • What are the best investment options for new product and service lines?
  • What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the sustainable aviation fuel market today, and over the next 10 years:

  • Our 286-page report provides 112 tables and 161 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – NOW.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the sustainable aviation fuel market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2034 and other analyses reveal commercial prospects

  • In addition to revenue forecasting to 2034, our new study provides you with recent results, growth rates, and market shares.
  • You will find original analyses, with business outlooks and developments.
  • Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising sustainable aviation fuel prices and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Fuel Type

  • Hydrogen Fuel Cell
  • Biofuel
  • Power to Liquid
  • Gas to Liquid

Blending Capacity

  • Below 30%
  • 30% to 50%
  • Above 50%

Biofuel Manufacturing Technology

  • HFS-SIP
  • ATJ-SPK
  • FT-SPK
  • HEFA-SPK

Platform

  • Commercial Aviation
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicle

CTA

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 16 leading national markets:

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Rest of Europe

Asia Pacific

  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

MEA

  • GCC
  • South Africa
  • Rest of MEA

Sustainable Aviation Fuel Market Report 2024-2024
Need industry data? Please contact us today.

The report also includes profiles and for some of the leading companies in the Sustainable Aviation Fuel Market, 2024 to 2034, with a focus on this segment of these companies’ operations.

Leading companies profiled in the report

  • Aemetis, Inc.
  • Avfuel Corporation
  • Ballard Power Systems
  • Eni SPA
  • Fulcrum BioEnergy, Inc.
  • Gevo Inc.
  • LanzaTech
  • Neste Oyj
  • Northwest Advanced Biofuels, LLC.
  • OMV Aktiengesellschaft
  • Red Rock Biofuels
  • SKYNRG
  • TotalEnergies SE
  • Velocys

Overall world revenue for Sustainable Aviation Fuel Market, 2024 to 2034 in terms of value the market will surpass US$1,465.6 million in 2024, our work calculates. We predict strong revenue growth through to 2034. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Sustainable Aviation Fuel Market, 2024 to 2034 report help you?

In summary, our 280+ page report provides you with the following knowledge:

  • Revenue forecasts to 2034 for Sustainable Aviation Fuel Market, 2024 to 2034 Market, with forecasts for fuel type, blending capacity, biofuel manufacturing technology, and platform, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2034 for five regional and 16 key national markets – See forecasts for the Sustainable Aviation Fuel Market, 2024 to 2034 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, Russia, Italy, China, India, Japan, and Australia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market – including company profiles for 14 of the major companies involved in the Sustainable Aviation Fuel Market, 2024 to 2034.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the Sustainable Aviation Fuel Market, 2024 to 2034, market-leading companies. You will find data, trends and predictions.

To access the data contained in this document please email contactus@visiongain.com

Buy our report today Sustainable Aviation Fuel Market Report 2024-2024: Forecasts by Fuel Type (Hydrogen Fuel Cell, Biofuel, Power to Liquid, Gas to Liquid), by Blending Capacity (Below 30%, 30% to 50%, Above 50%), by Biofuel Manufacturing Technology (HFS-SIP, ATJ-SPK, FT-SPK, HEFA-SPK), by Platform (Commercial Aviation, Military Aviation, Business & General Aviation, Unmanned Aerial Vehicle) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies AND COVID-19 Impact and Recovery Pattern Analysis. Avoid missing out by staying informed – order our report now.

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Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: contactus@visiongain.com

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