Sustainable Aviation Fuel Market is anticipated to expand at a Robust compound annual growth rate (CAGR) from 2021 to 2031

Global Sustainable Aviation Fuel Market report from Global Insight Services is the single authoritative source of intelligence on Sustainable Aviation Fuel Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Sustainable aviation fuel (SAF) is a type of jet fuel made from sustainable sources that can help reduce carbon emissions from aircraft. SAF can be made from a variety of sustainable feedstocks, including used cooking oil, algae, and even household waste. SAF has the potential to reduce carbon emissions from aircraft by up to 80% compared to traditional jet fuel.

SAF is not yet widely available, but a number of airlines are beginning to experiment with using it on a limited basis. The use of SAF is expected to increase in the coming years as the aviation industry looks for ways to reduce its environmental impact.

Key Trends:
Key trends in sustainable aviation fuel technology are:

Increasing the use of biofuels: Biofuels are an increasingly important part of the aviation industry’s efforts to reduce its carbon footprint. In 2018, the use of biofuels in aviation grew by 27% compared to the previous year, and they are expected to continue to grow in popularity in the coming years. There are two main types of biofuels used in aviation: biojet fuel and bioethanol.

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Key Drivers

The key drivers of the sustainable aviation fuel market include the increasing demand for fuel-efficient aircraft, the rising cost of crude oil, and the stringent emission regulations. The demand for fuel-efficient aircraft is driven by the need to reduce fuel costs and emissions. The rising cost of crude oil is another major factor driving the market for sustainable aviation fuel. The stringent emission regulations are also a key driver of the market. These regulations are forcing airlines to use more fuel-efficient aircraft and to switch to cleaner fuels.

Market Segments

By Fuel Type

  • Biofuel
  • Hydrogen Fuel
  • Power to Liquid Fuel

By Aircraft Type

  • Fixed Wings
  • Rotorcraft
  • Others

By Platform

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

Key Players

  • Neste
  • World Fuel Services
  • Royal Dutch Shell
  • ExxonMobil
  • Chevron
  • Aemetis Inc.
  • Avfuel Corporation
  • Fulcrum Bioenergy

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