Precision Business Insights has published a report on the global sustainable aviation fuel market, estimating its value at USD 1.6 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 47.7% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/sustainable-aviation-fuel-market
Market Definition:
SAF, or sustainable aviation fuel, is a waste-based or renewable fuel that can cut emissions from airplanes by as much as 80%. It is a drop-in fuel that may be mixed with regular jet fuel without requiring any changes to infrastructure or aircraft.
Drivers:
1) Rising investments in renewable energy and aviation sectors.
2) Growing consumer preference for eco-friendly air travel
The global sustainable aviation fuel market segmentation:
1) By Fuel Type: Biofuel, Hydrogen FuelPower to Liquid Fuel, Gas-to-Liquid.
2) By Biofuel Manufacturing Technology: 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)
3) By Biofuel Blending Capacity: Below 30%, 30% to 50%, Above 50%.
4) By Platform Analysis: Military Aviation, Business & General Aviation, Unmanned Aerial Vehicle
Regional Overview:
The report also examines the current concerns and their Future Effects on the sustainable aviation fuel market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the sustainable aviation fuel market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The key players profiled in the global sustainable aviation fuel market report are Aemetis Inc., Avfuel Corporation, Fulcrum Bioenergy, Gevo, Preem AB, Lanzatech, Neste, Preem AB, Sasol, SkyNRG, World Energy.
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