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Sustainable Aviation Fuel Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

Sustainable Aviation Fuel Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017 to 2021 and Forecast 2022 to 2028

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Sustainable Aviation Fuel Market: Fuel Type(Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP), Alcohol to Jet SPK (ATJ-SPK), Catalytic Hydrothermolysis Jet (CHJ)) Industry Analysis(Below 30%, 30% to 50%, Above 50%) Platform Analysis(Military Aviation, Business & General Aviation, Unmanned Aerial Vehicle) and Geography

 

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Report

Description

Sustainable Aviation Fuel Market size was valued at USD 87.9 million in 2021. It is expected to reach a value of USD 1,847.1 million by 2028, growing at a CAGR of 54.5% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Sustainable Aviation Fuel Market, which has been segmented by fuel type, industry analysis, and platform analysis. By fuel type, the sustainable aviation fuel market has been segmented into Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP), Alcohol to Jet SPK (ATJ-SPK), Catalytic Hydrothermolysis Jet (CHJ). The Hydro-processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK) segment is likely the most significant and fastest-growing segment in terms of fuel type. By industry analysis, the sustainable aviation fuel market has been segmented into Below 30%, 30% to 50%, and Above 50%. The 30% to 50% segment holds a significant revenue share in the market. Based on the platform analysis, sustainable aviation fuel is segmented into Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicles. According to precision business insights, the business & general aviation segment is predicted to register the fastest growth rate during the forecast period.

Key development:

In August 2020, Gevo, Inc. entered binding renewable hydrocarbons purchase and sale agreement with Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd. The contract will enable Trafigura to supply SAF to both the US and international customers whose interest is growing in low-carbon jet fuel.

Sustainable Aviation Fuel Market

MARKET SUMMARY
-
54.5% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 54.5%
  • Largest Market– North America

Sustainable Aviation Fuel Market

  •  The report on sustainable aviation fuel market gives historical, current, and future market sizes (US$ Mn) on the basis of product, application, and countries.
  • This report studies sustainable aviation fuel market dynamics elaborately to identify the current market trends and drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • In addition, sustainable aviation fuel market report includes competition analysis with vividly illustrated the competition dashboard to assess the market competition.
Key Players
  • Aemetis Inc.
  • Avfuel Corporation
  • Fulcrum Bioenergy
  • Gevo
  • Preem AB
  • Lanzatech
  • Neste
Sustainable Aviation Fuel Market Dynamics

Increasing air travel, higher discretionary income, increased usage of synthetic lubricants, and an increase in the number of airline passengers all contribute to expanding the global market for sustainable aviation fuel.

North-America Got Significant Share

Sustainable Aviation Fuel Market

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share and forecast from 2021-2028
  • The report covers in-detail insights about the competitor’s overview, key findings and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
Sustainable Aviation Fuel Market Segmentation

segmentation-block-image

Fuel Type

    • Biofuel
    • Hydrogen Fuel
    • Power to Liquid Fuel
    • Gas-to-Liquid
segmentation-block-image

By Biofuel Manufactu

    • Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK)
    • Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
    • Synthetic Iso-paraffin from Fermented Hydro processed Sugar (HFS-SIP)
    • Alcohol to Jet SPK (ATJ-SPK)
    • Catalytic Hydro thermolysis Jet (CHJ)

     

segmentation-block-image

By Biofuel Blending

    Below 30%

    30-50%

    Above 50%

segmentation-block-image

By Platform

    • Commercial Aviation
    • Military Aviation
    • Business & General Aviation
    • Unmanned Aerial Vehicle
Location

GEOGRAPHY

Frequently Asked Questions

The sustainable aviation fuel market t is projected to expand at a CAGR of 54.5% during the forecast period.

 

The major players in the global Sustainable Aviation Fuel market are Aemetis Inc., Avfuel Corporation, Fulcrum Bioenergy, Gevo, Preem AB, Lanzatech, Neste, Preem AB, Sasol, SkyNRG, and World Energy.

 

​​The North American market is expected to witness the largest market share during the forecast period.

Report

Table Of Content

1. Executive Summary
2. Global Sustainable Aviation Fuel Market Introduction
2.1. Global Sustainable Aviation Fuel Market – Taxonomy
2.2. Global Sustainable Aviation Fuel Market –Definitions
2.2.1. By Fuel Type
2.2.2. By Biofuel Manufacturing Technology
2.2.3. By Biofuel Blending Capacity
2.2.4. By Platform
2.2.5. By Region
3. Global Sustainable Aviation Fuel Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Sustainable Aviation Fuel Market Dynamic Factors – Impact Analysis
3.6. Global Sustainable Aviation Fuel Market – Competition Landscape
4. Global Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028
4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Sustainable Aviation Fuel Market, By Fuel Type, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1. Biofuel
5.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Hydrogen Fuel
5.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Power to Liquid Fuel
5.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Gas-to-Liquid
5.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Sustainable Aviation Fuel Market, By Biofuel Manufacturing Technology, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK)
6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Synthetic Iso-paraffin from Fermented Hydro processed Sugar (HFS-SIP)
6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Alcohol to Jet SPK (ATJ-SPK)
6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Catalytic Hydro thermolysis Jet (CHJ)
6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Sustainable Aviation Fuel Market, By Biofuel Blending Capacity, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1. Below 30%
7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. 30-50%
7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Above 50%
7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Sustainable Aviation Fuel Market, By Platform, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1. Commercial Aviation
8.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Military Aviation
8.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Business & General Aviation
8.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Unmanned Aerial Vehicle
8.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
9. Global Sustainable Aviation Fuel Market Forecast, By Region, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, By Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Region, 2022-2028
10. North America Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
10.1. Fuel Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Biofuel
10.1.2. Hydrogen Fuel
10.1.3. Power to Liquid Fuel
10.1.4. Gas-to-Liquid
10.2. Biofuel Manufacturing Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.2.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK)
10.2.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
10.2.3. Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
10.2.4. Alcohol to Jet SPK (ATJ-SPK)
10.2.5. Catalytic Hydrothermolysis Jet (CHJ)
10.3. Industry Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Below 30%
10.3.2. 30% to 50%
10.3.3. Above 50%
10.4. Platform Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Commercial Aviation
10.4.2. Military Aviation
10.4.3. Business & General Aviation
10.4.4. Unmanned Aerial Vehicle
10.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Country, 2022-2028
10.7. North America Sustainable Aviation Fuel Market Dynamics – Trends
11. Europe Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
11.1. Fuel Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Biofuel
11.1.2. Hydrogen Fuel
11.1.3. Power to Liquid Fuel
11.1.4. Gas-to-Liquid
11.2. Biofuel Manufacturing Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.2.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK)
11.2.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
11.2.3. Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
11.2.4. Alcohol to Jet SPK (ATJ-SPK)
11.2.5. Catalytic Hydrothermolysis Jet (CHJ)
11.3. Industry Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Below 30%
11.3.2. 30% to 50%
11.3.3. Above 50%
11.4. Platform Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Commercial Aviation
11.4.2. Military Aviation
11.4.3. Business & General Aviation
11.4.4. Unmanned Aerial Vehicle
11.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Rest of Europe
11.6. Europe Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Country, 2022-2028
11.7. Europe Sustainable Aviation Fuel Market Dynamics – Trends
12. Asia-Pacific Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
12.1. Fuel Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Biofuel
12.1.2. Hydrogen Fuel
12.1.3. Power to Liquid Fuel
12.1.4. Gas-to-Liquid
12.2. Biofuel Manufacturing Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.2.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK)
12.2.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
12.2.3. Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
12.2.4. Alcohol to Jet SPK (ATJ-SPK)
12.2.5. Catalytic Hydrothermolysis Jet (CHJ)
12.3. Industry Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Below 30%
12.3.2. 30% to 50%
12.3.3. Above 50%
12.4. Platform Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Commercial Aviation
12.4.2. Military Aviation
12.4.3. Business & General Aviation
12.4.4. Unmanned Aerial Vehicle
12.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. China
12.5.2. India
12.5.3. Japan
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Country, 2022-2028
12.7. Asia-Pacific Sustainable Aviation Fuel Market Dynamics – Trends
13. Latin America Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
13.1. Fuel Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Biofuel
13.1.2. Hydrogen Fuel
13.1.3. Power to Liquid Fuel
13.1.4. Gas-to-Liquid
13.2. Biofuel Manufacturing Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.2.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK)
13.2.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
13.2.3. Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
13.2.4. Alcohol to Jet SPK (ATJ-SPK)
13.2.5. Catalytic Hydrothermolysis Jet (CHJ)
13.3. Industry Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Below 30%
13.3.2. 30% to 50%
13.3.3. Above 50%
13.4. Platform Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Commercial Aviation
13.4.2. Military Aviation
13.4.3. Business & General Aviation
13.4.4. Unmanned Aerial Vehicle
13.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Rest of Latin America
13.6. Latin America Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Country, 2022-2028
13.7. Latin America Sustainable Aviation Fuel Market Dynamics – Trends
14. Middle East and Africa Sustainable Aviation Fuel Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn)
14.1. Fuel Type Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. Biofuel
14.1.2. Hydrogen Fuel
14.1.3. Power to Liquid Fuel
14.1.4. Gas-to-Liquid
14.2. Biofuel Manufacturing Technology Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.2.1. Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic  Kerosene (HEFA-SPK)
14.2.2. Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
14.2.3. Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
14.2.4. Alcohol to Jet SPK (ATJ-SPK)
14.2.5. Catalytic Hydrothermolysis Jet (CHJ)
14.3. Industry Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Below 30%
14.3.2. 30% to 50%
14.3.3. Above 50%
14.4. Platform Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Commercial Aviation
14.4.2. Military Aviation
14.4.3. Business & General Aviation
14.4.4. Unmanned Aerial Vehicle
14.5. Country Analysis 2017-2021 and Forecast 2022-2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. South Africa
14.5.3. Rest of MEA
14.6. MEA Sustainable Aviation Fuel Market – Opportunity Analysis Index, By Fuel Type, Biofuel Manufacturing Technology, By Biofuel Blending Capacity, By Platform, and Country, 2022-2028
14.7. MEA Sustainable Aviation Fuel Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Key Fuel Types, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Aemetis Inc.
15.2.2. Avfuel Corporation
15.2.3. Fulcrum Bioenergy
15.2.4. Gevo
15.2.5. Preem AB
15.2.6. Lanzatech
15.2.7. Neste
15.2.8. Preem AB
15.2.9. Sasol
15.2.10. SkyNRG
15.2.11. World Energy
16. Research Methodology
17. Key Assumptions and Acronyms

 

Report

Company Profile

  • Aemetis Inc.
  • Avfuel Corporation
  • Fulcrum Bioenergy
  • Gevo
  • Preem AB
  • Lanzatech
  • Neste
  • Preem AB
  • Sasol
  • SkyNRG
  • World Energy

Description

Sustainable Aviation Fuel Market size was valued at USD 87.9 million in 2021. It is expected to reach a value of USD 1,847.1 million by 2028, growing at a CAGR of 54.5% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Sustainable Aviation Fuel Market, which has been segmented by fuel type, industry analysis, and platform analysis. By fuel type, the sustainable aviation fuel market has been segmented into Hydro processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP), Alcohol to Jet SPK (ATJ-SPK), Catalytic Hydrothermolysis Jet (CHJ). The Hydro-processed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK) segment is likely the most significant and fastest-growing segment in terms of fuel type. By industry analysis, the sustainable aviation fuel market has been segmented into Below 30%, 30% to 50%, and Above 50%. The 30% to 50% segment holds a significant revenue share in the market. Based on the platform analysis, sustainable aviation fuel is segmented into Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicles. According to precision business insights, the business & general aviation segment is predicted to register the fastest growth rate during the forecast period.

Key development:

In August 2020, Gevo, Inc. entered binding renewable hydrocarbons purchase and sale agreement with Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd. The contract will enable Trafigura to supply SAF to both the US and international customers whose interest is growing in low-carbon jet fuel.

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