The global sustainable
aviation fuel market is foreseen to grow by 6.1%, from USD 218.45 Million in 2021
to USD 8398.62 Million in 2029. The high fuel efficiency of SAF, increasing air
passenger traffic, and increasing need for reduction in GHG emissions drive the
market for the upcoming forecast period. However, inadequate availability of
feedstock and refineries to meet SAF production demand and the price difference
between SAF and conventional jet fuels remains one factor hindering the market
growth over the anticipated period.
What is Sustainable Aviation
Sustainable aviation fuel stands for SAF. The
production is done from sustainable feedstocks similar to fossil jet fuel, thus
reducing carbon emissions compared to other jet fuels.
sustainable aviation fuel market search study helps to thoroughly
understand the current trend in the market competitive analysis of the players
in the emerging market. Moreover, the DRO in the sustainable aviation fuel
market offers valuable perspicuity and a current scenario for making the right
decision. The research study covers the eminent players in the market with a
detailed analysis of the company and a financial overview containing their net
sales, business mix and geographical reach It mainly focuses on the key
developments of the products/services offered by the company in recent years.
Besides, we at Zettabyte have the expertise to analyses the global Sustainable
aviation fuel market player's competitive landscape helping the client
comprehend their specific strategic growth approaches.
aviation fuel market study by "Zettabyte Analytics" offers details
about the market scope, market segmentation, technological advancement in the Sustainable
aviation fuel market and highlights the optimistic, competitive landscape and
trends enduring over the years.
Major players in
the Sustainable aviation fuel market include Aemetis, Alder Fuels, Fulcrum
Bioenergy, Gevo, Inc., Lanzatech, Neste, Northwest Advanced Biofuels, OMV
Aktiengesellschaft, Preem AB, Prometheus Fuels, Red Rock Biofuels, Saf+
Consortium, S.G. Preston Company, Skynrg, Totalenergies, Velocys, Wastefuel,
COVID-19 Impact on Global Sustainable
aviation fuel market
The global impact
of COVID-19 has lost millions of lives with a massive cost to the healthcare
system. Moreover, the treatment cost for patients with COVID-19 has also had a
financial impact globally. the impact of COVID-19 on the Sustainable aviation
fuel market has forced the companies to change their sourcing, pricing, and
promotion strategies. the Sustainable aviation fuel market players are seen focusing
more on optimizing the e-commerce networks with the rising innovations in the
digital sector, which are creating new business models for the aerospace &
defense industry player.
provides market value for the base year 2021 and a yearly forecast from 2022 to
2029 in revenue (USD Million/ Billion). the market for each segment is present
in North America, Europe, Asia Pacific, Latin America, Middle East &
Africa, and the regional basis for the forecast mentioned above.
dynamics, regulatory scenarios, major material dynamics and Sustainable
aviation fuel market future markets are analyzed to understand their impact on
demand for the forecast period. growth rates have been estimated using
correlation, regression and time-series analysis.
For the purpose
of this report, the global Sustainable aviation fuel market segmented on the
basis of fuel type, biofuel manufacturing technology, biofuel blending
capacity, platform, and region:
Fuel Type Outlook:
On the basis of
fuel type, the market is segmented into biofuel, hydrogen fuel, power to liquid
Figure 1 Sustainable aviation fuel market By Fuel
Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)
Biofuel Manufacturing Technology Outlook:
On the basis of
Biofuel Manufacturing Technology, the market is segmented into Hydroprocessed
Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK),
Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic Iso-paraffin
from Fermented Hydroprocessed Sugar (HFS-SIP), Alcohol to Jet SPK (ATJ-SPK),
Catalytic Hydrothermolysis Jet (CHJ).
Figure 2 Biofuel Manufacturing Technology Outlook
(Revenue, USD Million, 2021)
Biofuel Blending Capacity Outlook:
On the basis of
Biofuel Blending Capacity, the market is segmented into Below 30%, 30% to 50%,
Figure 3– Biofuel Blending Capacity Outlook (Revenue,
USD Million, 2021)