The Global Sustainable Aviation Fuel Market to grow from USD 404.40 Million in 2019 to USD 2,387.36 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 34.43%.
Market Segmentation & Coverage:
The research report categorizes the Sustainable Aviation Fuel Market to forecast the revenues and analyze the trends in each of the following segments:
Based on Fuel Type, the Sustainable Aviation Fuel Market studied across Biofuel, Hydrogen Fuel, and Power to Liquid Fuel.
Based on Manufacturing Technology, the Sustainable Aviation Fuel Market studied across Alcohol to Jet SPK, Catalytic Hydrothermolysis Jet, Fischer Tropsch Synthetic Paraffinic Kerosene, Fischer Tropsch Synthetic Paraffinic Kerosene with Aromatics, Hydro processed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene, and Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar.
Based on End-Use, the Sustainable Aviation Fuel Market studied across Business & General Aviation, Commercial Aviation, Military Aviation, and Unmanned Aerial Vehicle.
Based on Geography, the Sustainable Aviation Fuel Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
The factors attributing to the growth of the market are benefits offered by the sustainable aviation fuel over the conventional jet fuel, harmful impact and need for reduction in ghg emissions in aviation industry, and rising air passenger traffic across the globe. However, some factors such as high price difference between traditional and sustainable aviation fuel may hinder the market growth. The Sustainable Aviation Fuel Market expected to showcase the opportunities such as government committed to ambitious emissions reduction goals, rising investment in sustainable aviation fuel, and saf purchase agreements by airlines worldwide. Soon market may face the possible challenges in the growth due to large investments in new production facilities and astm certification. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Sustainable Aviation Fuel Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Sustainable Aviation Fuel Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Sustainable Aviation Fuel Market, including Aemetis, Inc., Amyris Inc, Avfuel Corporation, Ballard Power Systems, Eni S.p.A., Fulcrum Bioenergy Inc, Gevo Inc, Hypoint, Inc., Lanzatech Inc, Neste Oyj, Petrixo Oil & Gas LLC, Preem AB, Red Rock Biofuels, S.G. Preston Company, Sasol Limited, Skynrg, Sundrop Fuels, Inc., Velocys, Virent Inc., World Energy, and Zeroavia, Inc..