Press release
Sustainable Aviation Fuel Market Size, Share, and Dynamics: Growth Trends Through 2031 | Neste, AEMETIS INC., Gevo, Shell PLC
The latest market intelligence report published by CMI with the title "Global Sustainable Aviation Fuel Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Specialty and Fine Chemicals industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.The Research report on Sustainable Aviation Fuel Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.
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Key trends
1. Increasing Regulatory Support
• Government Policies: Governments worldwide are implementing policies and mandates to encourage the use of SAF as part of their broader climate goals. For example, the European Union's Fit for 55 package and the U.S. Renewable Fuel Standard (RFS) support SAF production and use.
• Incentives and Subsidies: Financial incentives, subsidies, and tax credits are being offered to SAF producers and airlines to offset the higher costs of SAF compared to conventional jet fuel.
2. Technological Advancements
• Production Technologies: Development of advanced production technologies, such as alcohol-to-jet (ATJ), Fischer-Tropsch synthesis, and hydroprocessed esters and fatty acids (HEFA), is enhancing the efficiency and scalability of SAF production.
• Innovative Feedstocks: Research is focusing on a wider range of feedstocks, including algae, municipal solid waste, and agricultural residues, to improve the sustainability and cost-effectiveness of SAF.
3. Growing Airline Adoption
• SAF Commitments: Major airlines are committing to increasing their use of SAF as part of their sustainability strategies. Airlines like United, Lufthansa, and KLM have • announced significant investments in SAF and long-term purchase agreements.
• SAF Blending: Airlines are progressively incorporating SAF into their fuel supply chains, with blended SAF now being used in commercial flights, although at a limited scale compared to conventional jet fuel.
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Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):
1. By Type of SAF
• Hydroprocessed Esters and Fatty Acids (HEFA)
Animal Fats: Includes fats from livestock.
Vegetable Oils: Oils such as soybean oil, canola oil, and palm oil.
Algae Oils: Oils derived from algae, offering high yields and sustainability.
• Alcohol-to-Jet (ATJ)
Ethanol-Based ATJ: Produced from ethanol derived from biomass.
Butanol-Based ATJ: Produced from butanol, which can be derived from various feedstocks.
• Fischer-Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
Coal-Based: Coal converted into synthetic fuel using Fischer-Tropsch synthesis.
Biomass-Based: Biomass converted into synthetic fuel through the Fischer-Tropsch process.
• Direct Sugar-to-Jet (DSCJ)
Sugar Cane: Utilizes sugars from sugarcane.
Sugar Beets: Uses sugars from sugar beets for jet fuel production.
• Renewable Jet Fuel
Bio-Jet Fuel: Includes various types of renewable jet fuels derived from biofeedstocks
• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa
Following are the players analyzed in the report:
• Neste
• AEMETIS INC.
• Gevo
• Shell PLC
• Lanza Jet
• Sky NRG
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Deep-dive Analysis:
The Report provides deep-dive qualitative and quantitative analysis on Sustainable Aviation Fuel Market for all the regions and countries covered below:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Sustainable Aviation Fuel Market on each country.
The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Sustainable Aviation Fuel market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Sustainable Aviation Fuel market?
4. What are the prominent market trends influencing the development of the Sustainable Aviation Fuel market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Sustainable Aviation Fuel market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?
Key insights provided by the report that could help you take critical strategic decisions?
• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Sustainable Aviation Fuel and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
Author of this marketing PR:
Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor's degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya's meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.
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