New York, Global Sustainable Aviation Fuel Market from Global Insight Services is the only authoritative source for intelligence on the Sustainable Aviation Fuel Market. The report will provide you with an analysis of the impact of the latest market disruptions such as the Russo-Ukrainian War and Covid-19 on the market. The report provides a qualitative analysis of the market using various frameworks such as Porters Analysis and PESTLE. The report includes in-depth segmentation and market size data by categories, product types, applications, and geographic regions. The report also includes a comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as mergers and acquisitions activities in the market.
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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.
Key Players
- Neste
- World Fuel Services
- Royal Dutch Shell
- ExxonMobil
- Chevron
- Aemetis Inc.
- Avfuel Corporation
- Fulcrum Bioenergy
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.
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.
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Market Segments
By Fuel Type
- Biofuel
- Hydrogen Fuel
- Power to Liquid Fuel
By Aircraft Type
- Fixed Wings
- Rotorcraft
- Others
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