Global Sustainable Aviation Fuel Market to reach USD 2987.5 million by 2027.Global Sustainable Aviation Fuel Market is valued approximately USD 66 million in 2020 and is anticipated to grow with a healthy growth rate of more than 72.4% over the forecast period 2021-2027. The aviation sector is committed to reducing carbon footprints in order to create a sustainable environment and fulfil severe emission regulations. Various players in the aviation sector are adopting alternative solutions such as enhancing aero-engine efficiency through design adjustments, hybrid-electric and all-electric aircraft, renewable jet fuels, and so on. However, when compared to other solutions, adoption of sustainable aviation fuels such as e-fuels, synthetic fuels, green jet fuels, bio jet fuels, and hydrogen fuels is one of the most feasible alternative solutions in terms of socio and economic benefits and contributes significantly to mitigating current and expected future aviation environmental impacts. In addition, because of an increase in air travel, airlines across the aviation sector are extending their commercial fleets. These vast and expanding fleets are driving demand for sustainable aviation fuel as a short- to medium-term option for lowering GHG emissions. For instance, Gevo, Inc. and Trafigura Trading LLC, a wholly-owned subsidiary of Trafigura Group Pte Ltd, signed a binding renewable hydrocarbons buy and sale agreement in August 2020. Trafigura will be able to provide SAF to both domestic and foreign clients, whose demand in low-carbon jet fuel is rising.


The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Sustainable Aviation Fuel market. During the projection period, North America is predicted to expand at the fastest CAGR. Countries in North America, such as the United States and Canada, are focusing on different programmes to use renewable aviation fuel to meet the requirement for reduced carbon footprints owing to increased air traffic and flying passengers. The North American market is considered to be one of the strongest demand areas for sustainable aviation fuel due to supporting regulations and measures to reduce aviation emissions. Commercial Aviation Alternative Fuel Initiative (CAAFI), Midwest Aviation Sustainable Biofuels Initiative (MASBI), and Canada's Biojet Supply Chain Initiative are just a few of the sustainable aviation fuel efforts undertaken by nations in the area, including the United States and Canada.

Major market player included in this report are:
Neste
Gevo
Eni
World Energy
SkyNRG
Fulcrum BioEnergy
Velocys
Aemetis, Inc.
Red Rock Biofuels
SG Preston Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Fuel Type:
Biofuel
Hydrogen Fuel
Power to Liquid Fuel
By Biofuel Manufacturing Technology:
Hydroprocessed 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)
Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
Alcohol to Jet SPK (ATJ-SPK)
Catalytic Hydrothermolysis Jet (CHJ)
By Biofuel Blending Capacity:
Below 30%
30% to 50%
Above 50%
By Platform:
Commercial Aviation
Military Aviation
Business & General Aviation
Unmanned Aerial Vehicle
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Sustainable Aviation Fuel Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors