Sustainable Aviation Fuel Market Analysis and Forecast to 2032: By Fuel Type (Biofuel, Hydrogen Fuel, Power to Liquid Fuel), Aircraft Type (Fixed Wings, Rotorcraft, Others), Platform (Commercial Aviation, Military Aviation, Business & General Aviation, Unmanned Aerial Vehicle), and Region
Sustainable aviation fuel (SAF) is a type of jet fuel made from sustainable sources that can help reduce carbon emissions from aircraft. SAF can be made from a variety of sustainable feedstocks, including used cooking oil, algae, and even household waste. SAF has the potential to reduce carbon emissions from aircraft by up to 80% compared to traditional jet fuel.
SAF is not yet widely available, but a number of airlines are beginning to experiment with using it on a limited basis. The use of SAF is expected to increase in the coming years as the aviation industry looks for ways to reduce its environmental impact.
Key Trends
Key trends in sustainable aviation fuel technology are:
Increasing the use of biofuels: Biofuels are an increasingly important part of the aviation industry’s efforts to reduce its carbon footprint. In 2018, the use of biofuels in aviation grew by 27% compared to the previous year, and they are expected to continue to grow in popularity in the coming years. There are two main types of biofuels used in aviation: biojet fuel and bioethanol.
Developing new types of sustainable aviation fuels: There are a number of new types of sustainable aviation fuels being developed that have the potential to significantly reduce the carbon footprint of the aviation industry. These include fuels made from waste products, such as used cooking oil, and fuels made from algae.
Key Drivers
The key drivers of the sustainable aviation fuel market include the increasing demand for fuel-efficient aircraft, the rising cost of crude oil, and the stringent emission regulations. The demand for fuel-efficient aircraft is driven by the need to reduce fuel costs and emissions. The rising cost of crude oil is another major factor driving the market for sustainable aviation fuel. The stringent emission regulations are also a key driver of the market. These regulations are forcing airlines to use more fuel-efficient aircraft and to switch to cleaner fuels.
Restraints & Challenges
The key restraints and challenges in the sustainable aviation fuel market are the high cost of production and the lack of infrastructure for its distribution and use. The cost of production of sustainable aviation fuel is currently about three times that of traditional jet fuel, and there is a lack of infrastructure for its distribution and use. As a result, the market for sustainable aviation fuel is currently quite small, and it is expected to grow only slowly in the next few years.
Market Segments
The Electric Aircraft market is segmented on the basis of fuel type, aircraft type, platform, and Region. By fuel type, it is divided into biofuel, hydrogen fuel, and power to liquid fuel. Based on the aircraft type the market is bifurcated into fixed wings, rotorcraft, and others. Whereas on the application the market is segmented into commercial aviation, military aviation, business & general aviation, and unmanned aerial vehicle. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the world.
Key Players
The Electric Aircraft Market report includes players such as Neste (Finland), World Fuel Services (US), Royal Dutch Shell (Netherlands), ExxonMobil (US), Chevron (US), Aemetis Inc. (US), Avfuel Corporation (US), Fulcrum Bioenergy (US), Gevo (US), and Lanzatech (US), among others.
Electric Aircraft Market Report Coverage
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Electric Aircraft Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of the Electric Aircraft market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Electric Aircraft Market industry.
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Electric Aircraft Market along with the current trends and future estimations to depict imminent investment pockets. The overall Electric Aircraft Market Industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Electric Aircraft Market are also analyzed.
Table of Contents
Chapter 1. Sustainable Aviation Fuel Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, by Fuel Type
3.2. Market Attractiveness Analysis, by Aircraft Type
3.3. Market Attractiveness Analysis, by Platform
3.4. Market Attractiveness Analysis, by Region
Chapter 4. Sustainable Aviation Fuel Market Outlook
4.1. Sustainable Aviation Fuel Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.6. Impact of COVID-19 on the Sustainable Aviation Fuel Market
4.7. Impact of the Russia and Ukraine War on the Sustainable Aviation Fuel Market
4.8. Case Study Analysis
4.9. Pricing Analysis
Chapter 5. Sustainable Aviation Fuel Market, by Fuel Type
5.1. Market Overview
5.2. Biofuel
5.2.1. Key Market Trends & Opportunity Analysis
5.2.2. Market Size and Forecast, by Region
5.3. Hydrogen Fuel
5.3.1. Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4. Power to Liquid Fuel
5.4.1. Key Market Trends & Opportunity Analysis
5.4.2. Market Size and Forecast, by Region
Chapter 6. Sustainable Aviation Fuel Market, by Aircraft Type
6.1. Market Overview
6.2. Fixed Wings
6.2.1. Key Market Trends & Opportunity Analysis
6.2.2. Market Size and Forecast, by Region
6.3. Rotorcraft
6.3.1. Key Market Trends & Opportunity Analysis
6.3.2. Market Size and Forecast, by Region
6.4. Others
6.4.1. Key Market Trends & Opportunity Analysis
6.4.2. Market Size and Forecast, by Region
Chapter 7. Sustainable Aviation Fuel Market, by Platform
7.1. Market Overview
7.2. Commercial Aviation
7.2.1. Key Market Trends & Opportunity Analysis
7.2.2. Commercial Market Size and Forecast, by Region
7.3. Military Aviation
7.3.1. Key Market Trends & Opportunity Analysis
7.3.2. Market Size and Forecast, by Region
7.4. Business & General Aviation
7.4.1. Key Market Trends & Opportunity Analysis
7.4.2. Market Size and Forecast, by Region
7.5. Unmanned Aerial Vehicle
7.5.1. Key Market Trends & Opportunity Analysis
7.5.2. Market Size and Forecast, by Region
Chapter 8. Sustainable Aviation Fuel Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.2.3. North America Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.2.4. North America Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.2.5. North America Sustainable Aviation Fuel Market Size and Forecast, by Country
8.2.6. The U.S.
8.2.6.1. The U.S. Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.2.6.2. The U.S. Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.2.6.3. The U.S. Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.2.7. Canada
8.2.7.1. Canada Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.2.7.2. Canada Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.2.7.3. Canada Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.2.8. Mexico
8.2.8.1. Mexico Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.2.8.2. Mexico Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.2.8.3. Mexico Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.3. Europe Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.4. Europe Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.5. Europe Sustainable Aviation Fuel Market Size and Forecast, by Country
8.3.6. The UK
8.3.6.1. The UK Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.6.2. The UK Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.6.3. The UK Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.7. Germany
8.3.7.1. Germany Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.7.2. Germany Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.7.3. Germany Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.8. France
8.3.8.1. France Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.8.2. France Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.8.3. France Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.9. Spain
8.3.9.1. Spain Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.9.2. Spain Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.9.3. Spain Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.10. Italy
8.3.10.1. Italy Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.10.2. Italy Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.10.3. Italy Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.11. Netherlands
8.3.11.1. Netherlands Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.11.2. Netherlands Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.11.3. Netherlands Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.12. Sweden
8.3.12.1. Sweden Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.12.2. Sweden Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.12.3. Sweden Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.13. Switzerland
8.3.13.1. Switzerland Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.13.2. Switzerland Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.13.3. Switzerland Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.14. Denmark
8.3.14.1. Denmark Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.14.2. Denmark Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.14.3. Denmark Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.15. Finland
8.3.15.1. Finland Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.15.2. Finland Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.15.3. Finland Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.16. Russia
8.3.16.1. Russia Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.16.2. Russia Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.16.3. Russia Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.3.17. Rest of Europe
8.3.17.1. Rest of Europe Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.3.17.2. Rest of Europe Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.3.17.3. Rest of Europe Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Sustainable Aviation Fuel Market Size and Forecast, by Country
8.4.3. Asia-Pacific Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.4. Asia-Pacific Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.5. Asia-Pacific Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.6. China
8.4.6.1. China Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.6.2. China Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.6.3. China Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.7. India
8.4.7.1. India Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.7.2. India Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.7.3. India Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.8. Japan
8.4.8.1. Japan Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.8.2. Japan Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.8.3. Japan Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.9. South Korea
8.4.9.1. South Korea Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.9.2. South Korea Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.9.3. South Korea Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.10. Australia
8.4.10.1. Australia Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.10.2. Australia Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.10.3. Australia Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.11. Singapore
8.4.11.1. Singapore Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.11.2. Singapore Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.11.3. Singapore Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.12. Indonesia
8.4.12.1. Indonesia Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.12.2. Indonesia Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.12.3. Indonesia Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.13. Taiwan
8.4.13.1. Taiwan Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.13.2. Taiwan Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.13.3. Taiwan Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.14. Malaysia
8.4.14.1. Malaysia Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.14.2. Malaysia Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.14.3. Malaysia Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.15. Rest of APAC
8.4.15.1. Rest of APAC Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.4.15.2. Rest of APAC Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.4.15.3. Rest of APAC Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.4.15.4.
8.5. Rest of The World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of The World Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.5.3. Rest of The World Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.5.4. Rest of The World Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.5.5. Rest of The World Sustainable Aviation Fuel Market Size and Forecast, by Country
8.5.6. Latin America
8.5.6.1. Latin America Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.5.6.2. Latin America Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.5.6.3. Latin America Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.5.7. Middle East
8.5.7.1. Middle East Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.5.7.2. Middle East Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.5.7.3. Middle East Sustainable Aviation Fuel Market Size and Forecast, by Platform
8.5.8. Africa
8.5.8.1. Africa Sustainable Aviation Fuel Market Size and Forecast, by Fuel Type
8.5.8.2. Africa Sustainable Aviation Fuel Market Size and Forecast, by Aircraft Type
8.5.8.3. Africa Sustainable Aviation Fuel Market Size and Forecast, by Platform
Chapter 9. Competitive Landscape
9.1. Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Vendor Benchmarking
9.4. Developmental Strategy Benchmarking
9.4.1. New Product Developments
9.4.2. Product Launches
9.4.3. Business Expansions
9.4.4. Partnerships, Joint Ventures, and Collaborations
9.4.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Neste (Finland)
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Developmental Strategies
10.1.5. SWOT Analysis
10.2. World Fuel Services (US)
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Developmental Strategies
10.2.5. SWOT Analysis
10.3. Royal Dutch Shell (Netherlands)
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Developmental Strategies
10.3.5. SWOT Analysis
10.4. ExxonMobil (US)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Developmental Strategies
10.4.5. SWOT Analysis
10.5. Chevron (US)
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Developmental Strategies
10.5.5. SWOT Analysis
10.6. Aemetis Inc. (US)
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Developmental Strategies
10.6.5. SWOT Analysis
10.7. Avfuel Corporation (US)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Developmental Strategies
10.7.5. SWOT Analysis
10.8. Fulcrum Bioenergy (US)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Developmental Strategies
10.8.5. SWOT Analysis
10.9. Gevo (US)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Developmental Strategies
10.9.5. SWOT Analysis
10.10. Lanzatech (US)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Developmental Strategies
10.10.5. SWOT Analysis
*The list of companies is subject to change during the final compilation of the report
Key Players
- Neste (Finland)
- World Fuel Services (US)
- Royal Dutch Shell (Netherlands)
- ExxonMobil (US)
- Chevron (US)
- Aemetis Inc. (US)
- Avfuel Corporation (US)
- Fulcrum Bioenergy (US)
- Gevo (US)
- Lanzatech (US)
Market Segments
By Fuel Type
- Biofuel
- Hydrogen Fuel
- Power to Liquid Fuel
By Aircraft Type
- Fixed Wings
- Rotorcraft
- Others
By Platform
- Commercial Aviation
- Military Aviation
- Business & General Aviation
- Unmanned Aerial Vehicle
By Region
- North America
- US
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Netherlands
- Switzerland
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Indonesia
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa