Global Sustainable Aviation Fuel Market Share, Size, Trends, Industry Analysis Report, By Fuel Type, By Production Process, By End-User, By Region, Segment Forecast, 2024 - 2031
- Published Date : 2024-11-04
- Pages : 100
- Report Id : 40533
- Categories : Aerospace & Defense
This report provides a comprehensive analysis of the Global Sustainable Aviation Fuel Market, including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 1,125 Million in 2023 and is projected to grow to approximately USD 25,367.2 Million by 2031, reflecting a compound annual growth rate (CAGR) of 60.8% during the forecast period. This growth underscores the increasing demand for advanced data management solutions and highlights the importance of technological innovations in the sector.
The global Sustainable Aviation Fuel (SAF) market is experiencing significant growth, driven by the increasing demand for environmentally friendly alternatives to conventional jet fuels in the aviation sector. As airlines face mounting pressure to reduce carbon emissions and adhere to stringent regulatory frameworks, SAF has emerged as a viable solution, offering a lifecycle carbon reduction potential of up to 80% compared to traditional fuels. The market is characterized by a diverse array of stakeholders, including fuel producers, airlines, and regulatory bodies, collaborating to enhance the supply chain and infrastructure for SAF production and distribution. Technological advancements in production methods, coupled with favorable government policies and incentives, are further propelling market expansion. Key regions, such as North America, Europe, and Asia-Pacific, are at the forefront of SAF adoption, with significant investments in research and development. As a result, the global SAF market is poised for robust growth, projected to reach several billion dollars by the next decade.
For the geography segment, regional supply, demand, major players, and price are presented from 2019 to 2031. This report covers the following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
Segments-
By Fuel Type:
Biofuels
Synthetic Fuels
Hydrogen-based Fuels
Others
The SAF market can be segmented into several fuel types, including Biofuels (derived from biological materials), Synthetic Fuels (produced from renewable energy sources), and Hydrogen-based Fuels. Biofuels, such as hydroprocessed esters and fatty acids (HEFA), dominate the market due to their established production processes and compatibility with existing infrastructure. Synthetic fuels, produced through methods like the Fischer-Tropsch synthesis, are gaining traction for their potential to reduce lifecycle greenhouse gas emissions. Hydrogen-based fuels, although still in developmental stages, hold promise for future aviation applications.
By Production Process:
Fischer-Tropsch Synthesis
Alcohol-to-Jet (ATJ)
Hydroprocessed Esters and Fatty Acids (HEFA)
Others
The production processes for SAF include various methods such as Hydroprocessing, Fischer-Tropsch Synthesis, Alcohol-to-Jet (ATJ) Technology, and Power-to-Liquid (PtL) processes. Hydroprocessing is widely utilized due to its ability to convert fats and oils into jet fuel while maintaining high performance. Fischer-Tropsch Synthesis is favored for its scalability and versatility in producing a range of hydrocarbons from biomass. ATJ Technology, which converts alcohols into jet fuel, is gaining popularity, while PtL processes, leveraging renewable electricity to produce fuels, represent an innovative approach that is still emerging.
By End-User:
Commercial Aviation
Cargo Aviation
General Aviation
Others
The SAF market is segmented by end user, primarily encompassing Commercial Aviation, Cargo Airlines, and Military Aviation. Commercial aviation is the largest segment, driven by the need for airlines to meet sustainability targets and improve their environmental footprint. Cargo airlines are increasingly adopting SAF to enhance their sustainability profiles amid rising demand for eco-friendly logistics. Military aviation is also exploring SAF options to reduce dependence on fossil fuels and meet regulatory requirements related to carbon emissions.
Key Players
Neste
World Energy
Cepsa
TotalEnergies
SABIC
LanzaTech
Gevo
Emerald Biofuels
Shell
Honeywell UOP
For the competitor segment, the report includes global key players and some small players. The information for each competitor includes:
Company Profile
Main Business Information
Financial Analysis
Market Share
Please ask for sample pages for the full company list
Base Year: 2023
Historical Data: from 2019 to 2022
Forecast Data: from 2024 to 2031
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TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Market Overview
3.1.1. Global Sustainable Aviation Fuel MarketOutlook
3.1.2. Global Sustainable Aviation Fuel MarketOverview
3.2. Macro-Economic Overview
3.2.1. GDP Growth
3.2.2. Retail Industry Growth
3.3. Pricing Analysis
3.4. Challenges related to the adoption of Global Sustainable Aviation Fuel Market
3.5. Regulations of Global Sustainable Aviation Fuel Market
3.6. Forecast Factors: Relevance and Impact
3.7. Market Dynamics
3.7.1. Drivers
3.7.2. Restraints
3.7.3. Opportunity
3.7.4. Trends
3.7.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Global Sustainable Aviation Fuel Market Analysis By Fuel type
5.1. Introduction
5.1.1. Market Value Share Analysis By Fuel type
5.1.2. Y-o-Y Growth Analysis By Fuel type
5.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Fuel type
5.3. Market Attractiveness Analysis By Fuel type
6. Global Global Sustainable Aviation Fuel Market Analysis By Source
6.1. Introduction
6.1.1. Market Value Share Analysis By Source
6.1.2. Y-o-Y Growth Analysis By Source
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Source
6.3. Market Attractiveness Analysis By Source
7. Market Structure Analysis
7.1. Market Analysis by Tier of Companies
7.2. Market Concentration
8. Competition Analysis
8.1. Competition Dashboard
8.2. Company Profiles (15 Companies)
8.2.1 Neste
8.2.1.1. Overview
8.2.1.2. Fuel type Portfolio
8.2.1.3. Financial Overview
8.2.2. World Energy
8.2.2.1. Overview
8.2.2.2. Fuel type Portfolio
8.2.2.3. Financial Overview
8.2.3. Cepsa
8.2.3.1. Overview
8.2.3.2. Fuel type Portfolio
8.2.3.3. Financial Overview
8.2.4. TotalEnergies
8.2.4.1. Overview
8.2.4.2. Fuel type Portfolio
8.2.4.3. Financial Overview
8.2.5. SABIC
8.2.5.1. Overview
8.2.5.2. Fuel type Portfolio
8.2.5.3. Financial Overview
8.2.6. LanzaTech
8.2.6.1. Overview
8.2.6.2. Fuel type Portfolio
8.2.6.3. Financial Overview
8.2.7. Gevo
8.2.7.1. Overview
8.2.7.2. Fuel type Portfolio
8.2.7.3. Financial Overview
8.2.8. Emerald Biofuels
8.2.8.1. Overview
8.2.8.2. Fuel type Portfolio
8.2.8.3. Financial Overview
8.2.9. Shell
8.2.9.1. Overview
8.2.8.2. Fuel type Portfolio
8.2.9.3. Financial Overview
8.2.10. Honeywell UOP
8.2.10.1. Overview
8.2.10.2. Fuel type Portfolio
8.2.10.3. Financial Overview
8.2.11. Company11
8.2.11.1. Overview
8.2.11.2. Fuel type Portfolio
8.2.11.3. Financial Overview
8.2.12. Company12
8.2.12.1. Overview
8.2.12.2. Fuel type Portfolio
8.2.12.3. Financial Overview
8.2.13. Company13
8.2.13.1. Overview
8.2.13.2. Fuel type Portfolio
8.2.13.3. Financial Overview
8.2.14. Company14
8.2.14.1. Overview
8.2.14.2. Fuel type Portfolio
8.2.14.3. Financial Overview
8.2.15. Company15
8.2.15.1. Overview
8.2.15.2. Fuel type Portfolio
8.2.15.3. Financial Overview
9. Global Global Sustainable Aviation Fuel Market Analysis By Region
9.1. Introduction
9.1.1. Market Value Share Analysis By Region
9.1.2. Y-o-Y Growth Analysis By Region
9.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
9.2.1. North America
9.2.2. Middle East and Africa
9.2.3. South America
9.2.4. Asia-Pacific
9.2.5. Others
9.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
9.3.1. North America
9.3.2. Middle East and Africa
9.3.3. South America
9.3.4. Asia-Pacific
9.3.5. Others
9.4. Market Attractiveness Analysis By Region
10. North America Global Sustainable Aviation Fuel MarketAnalysis
10.1. Introduction
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
10.2.1. U.S.
10.2.2. Canada
10.2.3. Mexico
10.2.4. Rest of North America
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
10.3.1. U.S.
10.3.2. Canada
10.3.3. Mexico
10.3.4. Rest of North America
10.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Fuel type
10.5. Current Market Size (USD Mn) Forecast 2023-2030 By Fuel type
10.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Source
10.7. Current Market Size (USD Mn) Forecast 2023-2030 By Source
11. South America Global Sustainable Aviation Fuel Market Analysis
11.1. Introduction
11.2. Regional Pricing Analysis
11.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.3.1. Brazil
11.3.2. Argentina
11.3.3. Rest of South America
11.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.4.1. Brazil
11.4.2. Argentina
11.4.3. Rest of South America
11.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Fuel type
11.6. Current Market Size (USD Mn) Forecast 2023-2030 By Fuel type
11.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Source
11.8. Current Market Size (USD Mn) Forecast 2023-2030 By Source
12. Europe Global Sustainable Aviation Fuel MarketAnalysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Germany
12.3.2. Italy
12.3.3. France
12.3.4. Spain
12.3.5. U.K.
12.3.6. Rest of Europe
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Germany
12.4.2. Italy
12.4.3. France
12.4.4. Spain
12.4.5. U.K.
12.4.6. Rest of Europe
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Fuel type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Fuel type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Source
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Source
13. Middle East and Africa Global Sustainable Aviation Fuel Market Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Saudi Arabia
13.3.2. U.A.E.
13.3.3. South Africa
13.3.4. Turkey
13.3.5. Rest of Middle East and Africa
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Saudi Arabia
13.4.2. U.A.E.
13.4.3. South Africa
13.4.4. Turkey
13.4.5. Rest of Middle East and Africa
14. Asia-Pacific Global Sustainable Aviation Fuel Market Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. China
14.3.2. India
14.3.3. Japan
14.3.4. South Korea
14.3.5. Singapore
14.3.6. Australia and New Zealand
14.3.7. Rest of Asia-Pacific
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. China
14.4.2. India
14.4.3. Japan
14.4.4. South Korea
14.4.5. Singapore
14.4.6. Australia and New Zealand
14.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
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