Press release
Aviation Alternative Fuel Market 2018 Key Players - Honeywell UOP, Imperium Renewables, Renewable Energy Group
Market Highlights:The aviation industry accounts for a significant amount of the total energy consumed in transportation annually. With the growing awareness of depleting fossil fuels and concerns regarding the environment, the market for aviation alternative fuels is expected to witness significant growth. Accelerated application of biofuels in the aviation industry is anticipated to push the demand in the aviation alternative fuels market. Over the years various countries have been experimenting with biofuels in the form of blended fuels i.e. biofuel and jet fuel in order to curb their emission rates. The market for aviation alternative fuel is aided by the favorable government norms and is expected to register high growth rate during the forecast period.
Aviation Alternative Fuel Market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
The key players of global aviation alternative fuel markets are Solazyme, Honeywell UOP, Imperium Renewables, Renewable Energy Group, and Aquaflow Bionomic Corporation.
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Accelerated technological development, established major players, sufficient finances, growing awareness regarding the environment and stringent government regulations are some of the factors that push the demand in the developed regions such as North America and Europe. Growing number of passengers in the Asia-Pacific region are expected to contribute to the growing market for alternative aviation fuel in this region. The global aviation alternative fuel market is projected to grow at a CAGR of 4% from 2017 to 2023.
Scope of the Report
This study provides an overview of the global aviation alternative fuel market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for Americas, EMEA, and Asia Pacific,. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Aviation Alternative Fuel market as type and platform.
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