Aviation Biofuel Market Quantitative Market Analysis, Current and Future Trends, 2017 – 2027
The aviation biofuel market offers second generation sustainable biofuel as first generation biofuel could not meet cost expectations. The aviation biofuel market offers an alternative for current traditional jet fuel, and it is produced from natural feedstock and plant material, such as algae, jatropha and halophytes without acquiring agricultural land or fresh water resources. Thus, the aviation biofuel market is expected to dominate the aviation market throughout the forecast period, owing to its stability in operational cost and the reduced carbon emission advantage.
Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-3768
Initiatives taken by the European Commission and by aviation industries involved in aviation biofuel production have introduced advancement in aviation biofuel in the European region, in order to achieve consumption of 2 million tonnes of biofuel in the European Civil Aviation sector over the forecast period. With the availability of sustainable raw materials at low prices, it is expected that the supply of aviation biofuel will be accessible across the Europe and on an international platform by 2030. Thus, aviation biofuel is projected to gain remarkable opportunities over the forecast period.
Aviation Biofuel Market: Drivers and Restraints
In the aviation sector, traditional jet fuel is used, which is extracted from the kerosene fraction of crude oil under stringent regulations. Air transportation accounts for more than 10% in energy consumption on a global level. Among gaseous biofuels, electrification, and liquid biofuels, the most advanced substitute for the aviation sector is liquid biofuel, owing to its high specific energy content. With the objective of reduction in CO2 gas emission, the aviation biofuel market is expected to witness robust growth over the forecast period. The rising demand for bio jet fuel, with increasing international trade are expected to drive the aviation market globally, where hydrogenated esters and fatty acids (HEFA) is expected to become a promising alternative to supple ample amount of biofuel in the aviation biofuel market.
European airlines, such as British Airways, Air France and Lufthansa, in co-ordination with Airbus and European aviation biofuel producers have initiated the endorsement of aviation biofuel in Europe. Also, the U.S. Federal government is evolving as an active promoter and buyer of aviation biofuel. An interagency biofuel partnership has been made between the Department of Defense, the U.S. Department of Agriculture and the U.S. Department of Energy in order to avail biofuel for the U.S. Air Force and the U.S. Navy.
However, strict regulations to maintain standard specifications in producing aviation biofuel may affect growth of the aviation biofuel market. This challenge can be overcome with innovative technologies over the forecast period.
Aviation Biofuel Market: Segmentation
The aviation biofuel market can be segmented based on the certified production technology:
Hydrogenated Vegetable Oil (HVO)
The aviation biofuel market can be segmented based on the feedstock:
Industrial and Municipal Waste
Aviation Biofuel Market: Region-Wise Outlook
Based on geography, the aviation biofuel market is expected to remain predominant in the U.S. over the forecast period. Being a fast growing region in the aviation market, the U.S. civil aviation sector is estimated to account for a significant value share in the aviation biofuel market over the forecast period. The strategic expansion of aviation biofuel producing industries, along with the Federal Aviation Administration (FAA) are expected to increase the consumption of biofuel by 1 Bn gal/Yr of sustainable aviation biofuel by 2018. Followed by the U.S., European nations are expected to witness robust growth in the aviation biofuel market in the coming decade.
Oslo city, Norway has become world’s first airport to deliver jet biofuel, offering it on-tap to all airlines. Such a trend, of swapping into ‘bioport’ to supply aviation biofuel is anticipated to boost the aviation biofuel market in this region over the forecast period. Other countries, such as Australia are taking initiatives to study the novel concept of bioport. Developing nations in Asia-Pacific region, such as India and China are expected to gain significant opportunities in the supply chain for providing feedstock to produce aviation biofuel in near future. Also, the target of attaining 7.5 billion gallons per year of aviation biofuel promoted by China is expected to offer significant opportunities for the aviation biofuel market in the coming future.
Visit For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-3768
Aviation Biofuel Market: Market Participants
Examples of some of the market participants in the aviation biofuel market are listed below:
Honeywell International Inc.
Red Rock Biofuels
Targray Technology International Inc.
KFS Biodiesel GmbH & Co. KG
Archer Daniels Midland Company
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aviation Biofuel Market Quantitative Market Analysis, Current and Future Trends, 2017 – 2027 here
News-ID: 605643 • Views: 155
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Aviation
Africa’s aviation sector opens up
When the African Union (AU) launched the Single African Air Transport Market (SAATM) in January this year, it finally opened up Africa’s skies. 23 signatories on board, though another 32 AU members are yet to sign on. SAATM’s launch is a part of AU’s Africa 2063 project, which is a commitment to intra-continent development. If a common regulatory framework is put into place, this could benefit intra-continental travellers immensely, thus boosting
Global Gyrocopters Market 2018 - AutoGyro, Magni Gyro, ELA Aviation, Trixy Aviat …
Apex Market Reports, recently published a detailed market research study focused on the “Gyrocopters Market” across the global, regional and country level. The report provides 360° analysis of “Gyrocopters Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Gyrocopters on the basis of
Aviation Analytics Market - The Growing Popularity of Aviation Analytics Solutio …
The global aviation analytics market registers a tremendous growth potential in the forthcoming years. Various organizations worldwide are increasingly adopting aviation analytics solutions as these systems facilitate them in reducing costs, improving maintenance and performance, and increasing profitability and revenue. These systems are used across the aviation industry for various applications including revenue management, fuel management, inventory management, customer analytics, and risk management. They are used across different business verticals
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Aviation Sourcing Solution–Streamlined Civil Aviation Parts Procurement Soluti …
Fountain Valley, CA, August 22, 2013: Aviation Sourcing Solutions – as part of the aviation division of ASAP Semiconductor, has been recently established to exclusively cater to the civil aviation and commercial aerospace industry. Aviation Sourcing Solutions is the only distribution based website with a proprietary data base of over 30 million parts. Their database can be searched using several key search features such as by manufacturer and by
Hamburg Aviation Conference 2012: Aviation and Passenger Satisfaction
200 aviation experts to attend renowned congress in Hamburg Aviation is changing more and more from a transport industry to a service industry. For companies in the aviation industry, this means an intense reorientation. The independent operational and functional processes of individual companies are having to give way to an increased adoption of the customer viewpoint. This is the only way to ensure responsiveness to requirements and higher levels of