持続可能な航空燃料市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Sustainable Aviation Fuel Market – Global Forecast to 2030

持続可能な航空燃料市場 : 燃料の種類 (バイオ燃料、水素燃料電池、PtL、GTL)、バイオ燃料製造技術、混合能力 (30% 未満、30% ~ 50%、50%超)、プラットフォームと地域別 – 2030年までの世界予測
Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel Cell, Power to Liquid, Gas to Liquid), Biofuel Manufacturing Technology, Blending Capacity (Below 30%, 30% to 50%, Above 50%), Platform and Region – Global Forecast to 2030

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Report Overview

The Sustainable aviation fuel Market is expected to grow from USD 1.1 billion in 2023 at a CAGR of 47.7% during the forecast period, reaching USD 16.8 billion by 2030. The sustainable aviation fuel (SAF) market is experiencing robust growth driven by several key factors. Heightened awareness of climate change and the need to reduce carbon emissions in the aviation industry is a primary catalyst, prompting airlines to adopt SAF as a cleaner alternative to traditional jet fuels. Regulatory initiatives and mandates, such as those set by the International Civil Aviation Organization (ICAO) and various governments, further propel market expansion. Increasing investments in research and development to enhance the production efficiency of SAF, coupled with advancements in feedstock technologies, contribute to the sector’s growth.

持続可能な航空燃料市場 : 2030年までの世界予測


“Growing industry collaboration and the economic advantages of scale is driving the market for the commercial aviation segment.“

Based on Platform, the commercial aviation segment is expected to hold the largest market share. Commercial aviation holds a substantial share in the sustainable aviation fuel (SAF) market primarily due to collaborative efforts within the industry. Airlines, aircraft manufacturers, and biofuel producers are increasingly forming strategic partnerships to address the challenges of SAF adoption. This collaboration streamlines the development, certification, and deployment of sustainable aviation fuels, fostering a more cohesive and efficient approach. As commercial aviation giants actively invest in research and development, the sector not only pioneers technological advancements but also establishes a strong market presence, steering the trajectory of SAF towards widespread acceptance and adoption in the aviation industry.

持続可能な航空燃料市場 : 2030年までの世界予測 ecosystem


“The hydrogen fuel cells segment leads the sustainable aviation fuel (SAF) market with its high energy density, offering an efficient and effective solution.”

Based on Fuel Type, the hydrogen fuel cells segment gains prominence in the sustainable aviation fuel (SAF) market due to its high energy density, offering an efficient and viable solution for powering aircraft, thereby contributing to the aviation industry’s transition towards cleaner and more sustainable fuel options. Additionally, hydrogen’s versatility and compatibility with existing aircraft infrastructure further solidify its position as a key player in driving the transition toward greener aviation.


“North America leads the sustainable aviation fuel market due to progressive regulatory frameworks, robust R&D initiatives, and strategic collaborations, creating an environment conducive to innovation and widespread adoption.”

The North American market holds a larger share of the sustainable aviation fuel (SAF) market primarily due to progressive regulatory frameworks promoting environmental sustainability and emissions reduction in the aviation sector. Additionally, the region benefits from a robust ecosystem of research and development, strong investment initiatives, and strategic collaborations among airlines, biofuel producers, and government agencies, fostering a conducive environment for SAF innovation and adoption. This proactive approach positions North America at the forefront of the global SAF market, reflecting a commitment to sustainable aviation practices and aligning with the broader industry’s push towards reducing carbon footprints.

持続可能な航空燃料市場 : 2030年までの世界予測 region

Breakdown of the profiles of primary participants:
• By Company Type: Tier 1 – 55%, Tier 2 – 20%, and Tier 3 – 25%
• By Designation: C-level Executives – 50%, Directors – 25%, and Others – 25%
• By Region: North America – 60%, Europe – 20%, Asia Pacific – 10%, South America – 5%,
                                        and MEA- 5%

Neste (Finland), World Energy (Ireland), Total Energies (France), LanzaTech (US), and Fulcrum BioEnergy (US), among others are some of the leading players operating in the sustainable aviation fuel market report.

Research Coverage:
This research report categorizes the Sustainable aviation fuel market basis of Fuel type (Biofuel, Hydrogen fuel cell, power to liquid, gas to liquid), biofuel manufacturing technology (FT-SPK, HEFA-SPK, HFS-SIP, ATJ-SPK, CHJ, FT-SPK/A, and HC-HEFA-SPK),  platform (commercial aviation, military aviation, business & general aviation, unmanned aerial vehicles), By Blending Capacity (below 30%, 30%-50%, above 50%) in these segments have been mapped across major Regions (North America, Europe, Asia Pacific, Middle East and Latin America). The scope of the report covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Sustainable Aviation Fuel market. A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; agreements, collaborations, new product launches, contracts, expansion, acquisitions, and partnerships associated with the sustainable aviation fuel market. Competitive analysis of upcoming startups in the sustainable aviation fuel market ecosystem is covered in this report.


Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall sustainable aviation fuel market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:
• An in-depth analysis of the market’s DROCs (Drivers, Restraints, Opportunities, and Challenges) to provide a comprehensive grasp of the factors influencing the Sustainable aviation fuel Market. The report explores the significant drivers fueling market expansion, including the rising demand for aircraft with improved fuel efficiency and the continuous evolution of fuel technologies. It also covers the obstacles confronting the industry, such as stringent regulatory compliance. Moreover, the report sheds light on the emerging prospects within the market, notably the increasing emphasis on electric and hybrid propulsion systems for aircraft. Furthermore, it evaluates the competitive landscape, market trends, and regional dynamics, furnishing valuable insights for stakeholders seeking effective strategies in the ever-evolving Sustainable aviation fuel Market.
• Market Penetration: Comprehensive information on  sustainable aviation fuel offered by the top players in the market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the sustainable aviation fuel market.
• Market Development: Comprehensive information about lucrative markets – the report analyzes sustainable aviation fuel across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the sustainable aviation fuel market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the sustainable aviation fuel market.

Table of Contents

1            INTRODUCTION            35

1.1         STUDY OBJECTIVES      35

1.2         MARKET DEFINITION   35

1.2.1      INCLUSIONS AND EXCLUSIONS 36

TABLE 1             INCLUSIONS AND EXCLUSIONS 36

1.3         STUDY SCOPE  36

1.3.1      MARKETS COVERED     36

FIGURE 1           SUSTAINABLE AVIATION FUEL MARKET SEGMENTATION              36

1.3.2      REGIONS COVERED      37

1.3.3      YEARS CONSIDERED     37

1.4         CURRENCY CONSIDERED          37

TABLE 2             USD EXCHANGE RATES 38

1.5         STAKEHOLDERS            38

1.6         SUMMARY OF CHANGES            38

2            RESEARCH METHODOLOGY     39

2.1         RESEARCH DATA           39

FIGURE 2           RESEARCH FLOW           39

FIGURE 3           RESEARCH DESIGN       40

2.1.1      SECONDARY DATA       40

2.1.1.1   Secondary sources             41

2.1.2      PRIMARY DATA 41

2.1.2.1   Primary respondents          42

2.1.2.2   Key data from primary sources         42

FIGURE 4           BREAKDOWN OF PRIMARY INTERVIEWS            43

2.2         FACTOR ANALYSIS        43

2.2.1      DEMAND-SIDE INDICATORS     44

2.2.1.1   Rapid adoption of sustainable aviation fuel by airlines  44

2.2.1.2   Growing demand for air travel         44

2.2.2      SUPPLY-SIDE INDICATORS        44

2.2.2.1   Improvements in technological pathways and blending capacities            44

2.3         MARKET SIZE ESTIMATION       45

2.3.1      BOTTOM-UP APPROACH           45

FIGURE 5           BOTTOM-UP APPROACH           45

2.3.2      TOP-DOWN APPROACH             46

FIGURE 6           TOP-DOWN APPROACH             46

2.4         DATA TRIANGULATION             46

FIGURE 7           DATA TRIANGULATION             47

2.5         GROWTH RATE ASSUMPTIONS 48

FIGURE 8           INSIGHTS FROM INDUSTRY EXPERTS   48

2.6         RESEARCH ASSUMPTIONS         49

2.7         RESEARCH LIMITATIONS           50

2.8         RISK ASSESSMENT         50

3            EXECUTIVE SUMMARY 51

FIGURE 9           BIOFUEL TO BE LARGEST SEGMENT DURING FORECAST PERIOD              51

FIGURE 10         HFS-SIP SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD       52

FIGURE 11         ABOVE 50% TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD       52

FIGURE 12         COMMERCIAL AVIATION TO SECURE LEADING MARKET POSITION DURING FORECAST PERIOD 53

4            PREMIUM INSIGHTS      54

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SUSTAINABLE AVIATION FUEL MARKET          54

FIGURE 13         RISE IN DEMAND FOR REDUCTION OF CARBON AND GHG EMISSIONS        54

4.2         SUSTAINABLE AVIATION FUEL MARKET, BY BLENDING CAPACITY              54

FIGURE 14         BELOW 30% SEGMENT TO HOLD LARGEST MARKET SHARE IN 2030      54

4.3         SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY         55

FIGURE 15         HEFA-SPK TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD       55

4.4         SUSTAINABLE AVIATION FUEL MARKET, BY REGION    55

FIGURE 16         MIDDLE EAST TO BE FASTEST-GROWING MARKET DURING FORECAST PERIOD       55

5            MARKET OVERVIEW     56

5.1         INTRODUCTION            56

5.2         MARKET DYNAMICS     57

FIGURE 17         SUSTAINABLE AVIATION FUEL MARKET DYNAMICS      57

5.2.1      DRIVERS            57

5.2.1.1   Focus on reducing greenhouse gas (GHG) emissions   57

FIGURE 18         COMPARISON OF CLIMATE IMPACT FROM HYDROGEN PROPULSION AND SYNFUEL, 2050         58

5.2.1.2   Rise in air passenger traffic 58

FIGURE 19         CO2 EMISSIONS, BY AIRCRAFT TYPE AND RANGE, 2022 59

5.2.1.3   Higher fuel efficiency than conventional jet fuels         59

5.2.2      RESTRAINTS     59

5.2.2.1   Shortage of feedstocks and refineries             59

5.2.2.2   Significant price difference between sustainable and conventional jet fuels              60

5.2.3      OPPORTUNITIES           60

5.2.3.1   Increasing demand for sustainable aviation fuel from airlines     60

TABLE 3             AIRPORTS WITH SUSTAINABLE AVIATION FUEL BLENDING AND SUPPLY FACILITIES            60

5.2.3.2   Sustainable aviation fuel’s drop-in capability boosts demand for carbon footprint reduction             61

5.2.3.3   Government initiatives for sustainable fuel alternatives             62

5.2.4      CHALLENGES   62

5.2.4.1   High operating cost of airlines         62

5.2.4.2   Inconsistencies in techno-economic and lifecycle analyses         62

5.2.4.3   Huge capital requirement for approval and certification of sustainable aviation fuel              62

5.2.4.4   Limitations associated with blending capacity 63

5.3         RECESSION IMPACT ANALYSIS 63

5.4         PRICING ANALYSIS        63

TABLE 4             AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL TYPE (USD/LITER)         63

FIGURE 20         AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL TYPE (USD/LITER)         64

TABLE 5             AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL MANUFACTURER (USD/LITER) 64

FIGURE 21         AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY FUEL MANUFACTURER (USD/LITER) 65

FIGURE 22         AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY REGION (USD/LITER) 65

TABLE 6             AVERAGE SELLING PRICE TREND OF SUSTAINABLE AVIATION FUEL, BY REGION (USD/LITER) 65

5.5         JET FUEL VS. SUSTAINABLE AVIATION FUEL PRICING TREND   66

5.5.1      VOLUME AND PRICE     66

FIGURE 23         VOLUME AND PRICE OF JET AND SUSTAINABLE AVIATION FUELS  66

5.5.2      FUEL CONSUMPTION AND EMISSION   66

TABLE 7             AVERAGE CONSUMPTION AND EMISSION OF JET AND SUSTAINABLE AVIATION FUELS             66

5.5.3      OPERATIONAL COST AND EFFICIENCY 67

5.5.4      INFRASTRUCTURE REQUIREMENT        67

5.6         VALUE CHAIN ANALYSIS            68

FIGURE 24         VALUE CHAIN ANALYSIS            68

5.7         ECOSYSTEM MAPPING 69

FIGURE 25         ECOSYSTEM MAPPING 70

TABLE 8             ROLE OF COMPANIES IN ECOSYSTEM   71

5.8         TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              72

FIGURE 26         TRENDS AND DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES      72

5.9         PORTER’S FIVE FORCES ANALYSIS         72

TABLE 9             PORTER’S FIVE FORCES ANALYSIS         72

FIGURE 27         PORTER’S FIVE FORCES ANALYSIS         73

5.9.1      THREAT OF NEW ENTRANTS    73

5.9.2      THREAT OF SUBSTITUTES         73

5.9.3      BARGAINING POWER OF SUPPLIERS     74

5.9.4      BARGAINING POWER OF BUYERS           74

5.9.5      INTENSITY OF COMPETITIVE RIVALRY 74

5.10       TARIFF AND REGULATORY LANDSCAPE            74

5.10.1    TARIFF RELATED TO SUSTAINABLE AVIATION FUEL    74

5.10.2    ORGANIZATIONS INVOLVED IN SUSTAINABLE AVIATION FUEL PROGRAMS       76

5.10.2.1 Sustainable Aviation Fuel Users Group          76

5.10.2.2 Initiatives by International Air Transport Association Members 77

5.10.2.3 Commercial Aviation Alternative Fuels Initiative         77

5.10.2.4 NORDIC & NISA Initiatives for Sustainable Aviation  77

5.10.2.5 Air Transport Action Group            77

5.10.2.6 International Civil Aviation Organization      78

5.10.2.7 International Renewable Energy Agency        78

5.10.3    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          79

TABLE 10           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

TABLE 11           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79

TABLE 12           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

TABLE 13           REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         80

5.11       USE CASE ANALYSIS      81

5.11.1    OFFTAKE AGREEMENTS            81

5.11.2    SUNFIRE E-CRUDE PLANT         81

5.11.3    POWER-TO-LIQUID TECHNOLOGY PLANT        81

5.11.4    GREEN PROPELLANT INFUSION             82

5.12       VOLUME DATA 82

TABLE 14           EXISTING AIRCRAFT FLEET, BY PLATFORM, 2019–2028 (UNITS)              82

TABLE 15           SUSTAINABLE AVIATION FUEL OFFTAKE AGREEMENTS PER FUEL PRODUCER,  2015–2021 (MILLION LITERS)           82

TABLE 16           SUSTAINABLE AVIATION FUEL OFFTAKE AGREEMENTS PER FUEL PURCHASER,  2015–2021 (MILLION LITERS)          83

5.13       COST CONTRIBUTION OF ELEMENTS ACROSS SUSTAINABLE AVIATION FUEL SUPPLY CHAIN             84

TABLE 17           COST CONTRIBUTION OF ELEMENTS ACROSS SUSTAINABLE AVIATION FUEL SUPPLY CHAIN             84

5.13.1    FACTORS INFLUENCING SUSTAINABLE AVIATION FUEL COST 85

5.13.1.1 Improved feedstock yields  85

5.13.1.2 Advanced bio-manufacturing technology       85

5.13.1.3 Increased production of sustainable aviation fuel         86

5.13.2    ROLE OF SUSTAINABLE AVIATION FUEL CERTIFICATES, REGISTRIES, AND BOOK AND CLAIM SYSTEMS          87

5.13.2.1 Sustainable Aviation Fuel Certificates            87

5.13.2.2 Sustainable Aviation Fuel Registries 87

5.13.2.3 Book and Claim Systems    88

5.14       OPERATIONAL DATA   90

FIGURE 28         PROJECTED CAPACITY OF SUSTAINABLE AVIATION FUEL PRODUCTION,  BY COUNTRY  90

FIGURE 29         PROJECTED CAPACITY OF SUSTAINABLE AVIATION FUEL PRODUCTION,  BY COMPANY 91

FIGURE 30         PROJECTED FACILITIES FOR SUSTAINABLE AVIATION FUEL PRODUCTION, BY COUNTRY    91

5.15       KEY STAKEHOLDERS AND BUYING CRITERIA    92

5.15.1    STAKEHOLDERS IN BUYING PROCESS   92

FIGURE 31         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SUSTAINABLE AVIATION FUEL 92

TABLE 18           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR SUSTAINABLE AVIATION FUEL (%)        92

5.15.2    KEY BUYING CRITERIA 93

TABLE 19           KEY BUYING CRITERIA FOR SUSTAINABLE AVIATION FUEL              93

FIGURE 32         KEY BUYING CRITERIA FOR SUSTAINABLE AVIATION FUEL              93

6            INDUSTRY TRENDS       94

6.1         INTRODUCTION            94

6.2         TECHNOLOGY TRENDS             94

6.2.1      HYDROTHERMAL LIQUEFACTION         94

6.2.2      PYROLYSIS        94

6.2.3      ALCOHOL-TO-JET (ATJ)            94

6.2.4      HYCOGEN         95

6.2.5      FISCHER-TROPSCH (FT)            95

6.2.6      HYBRID ELECTRIC PROPULSION           95

6.2.7      ELECTROFUEL 95

6.3         IMPACT OF MEGATRENDS        96

6.3.1      BLOCKCHAIN INTEGRATION FOR SUPPLY CHAIN TRANSPARENCY              96

6.3.2      ARTIFICIAL INTELLIGENCE FOR FEEDSTOCK OPTIMIZATION  96

6.3.3      ADVANCED ANALYTICS FOR MARKET FORECASTING   96

6.3.4      COLLABORATIVE INDUSTRY PLATFORMS FOR KNOWLEDGE SHARING              96

6.3.5      CIRCULAR ECONOMY INITIATIVES FOR FEEDSTOCK UTILIZATION              96

6.4         SUPPLY CHAIN ANALYSIS          97

FIGURE 33         SUPPLY CHAIN ANALYSIS          98

6.5         PATENT ANALYSIS        98

TABLE 20           MAJOR PATENTS, 2019–2022      98

FIGURE 34         TOP PATENT APPLICANTS        99

7            SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE             100

7.1         INTRODUCTION            101

FIGURE 35         SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          101

TABLE 21           SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)     101

TABLE 22           SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)     102

7.2         BIOFUEL            102

7.2.1      LONG-TERM SUSTAINABILITY PLANS TO DRIVE GROWTH        102

7.3         HYDROGEN FUEL          102

7.3.1      REDUCTION IN GHG EMISSIONS TO DRIVE GROWTH   102

TABLE 23           CURRENT HYDROGEN-POWERED AIRCRAFT DEVELOPMENTS              103

7.4         POWER-TO-LIQUID      103

7.4.1      LOW LIFECYCLE EMISSIONS TO DRIVE GROWTH           103

7.5         GAS-TO-LIQUID            104

7.5.1      TECHNOLOGICAL ADVANCEMENTS TO DRIVE GROWTH          104

8            SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY         105

8.1         INTRODUCTION            106

FIGURE 36         SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)   106

TABLE 24           SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)   106

TABLE 25           SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)   107

8.2         FISCHER-TROPSCH SYNTHETIC PARAFFINIC KEROSENE (FT-SPK)              107

8.3         HYDROPROCESSED ESTERS AND FATTY ACIDS SYNTHETIC PARAFFINIC KEROSENE (HEFA-SPK)     107

8.4         SYNTHETIC ISO-PARAFFINS FROM FERMENTED HYDROPROCESSED SUGAR (HFS-SIP)           108

8.5         ALCOHOL-TO-JET SYNTHETIC PARAFFINIC KEROSENE (ATJ-SPK)              108

8.6         CATALYTIC HYDROTHERMOLYSIS JET (CHJ)    108

8.7         HYDROPROCESSED ESTERS AND FATTY ACIDS SYNTHETIC PARAFFINIC KEROSENE (HC-HEFA-SPK)             108

8.8         FISCHER-TROPSCH SYNTHETIC PARAFFINIC KEROSENE ALTERNATIVE (FT-SPK/A)         109

9            SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY         110

9.1         INTRODUCTION            111

FIGURE 37         SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)           111

TABLE 26           SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        111

TABLE 27           SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        112

9.2         BELOW 30%      112

9.2.1      FOCUS ON LOWERING DEPENDENCY ON PETROLEUM FUELS TO DRIVE GROWTH            112

9.3         30–50% 112

9.3.1      NEED TO REDUCE CARBON FOOTPRINT IN AVIATION INDUSTRY TO DRIVE GROWTH            112

9.4         ABOVE 50%       113

9.4.1      R&D IN TECHNOLOGICAL PATHWAYS TO DRIVE GROWTH       113

10          SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM            114

10.1       INTRODUCTION            115

FIGURE 38         SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)          115

TABLE 28           SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2019–2022 (USD MILLION)     115

TABLE 29           SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM, 2023–2030 (USD MILLION)     116

10.2       COMMERCIAL AVIATION           116

10.2.1    NARROW-BODY AIRCRAFT (NBA)          116

10.2.1.1 Rise in air travel and air passenger traffic to drive growth           116

10.2.2    WIDE-BODY AIRCRAFT (WBA)  117

10.2.2.1 Need to reduce GHG emissions to drive growth           117

10.2.3    REGIONAL TRANSPORT AIRCRAFT (RTA)          117

10.2.3.1 Increasing use of alternative fuels to drive growth        117

10.3       MILITARY AVIATION     117

10.3.1    FIGHTER JET    118

10.3.1.1 Emphasis on military sustainability and greener defense solutions to drive growth              118

10.3.2    TRANSPORT AIRCRAFT 118

10.3.2.1 Increasing recognition of energy security by defense agencies to drive growth              118

10.3.3    MILITARY HELICOPTER             118

10.3.3.1 Focus on operational flexibility within defense operations to drive growth              118

10.4       BUSINESS AND GENERAL AVIATION     119

10.4.1    BUSINESS JET   119

10.4.1.1 Expansion of private aviation companies to drive growth            119

10.4.2    COMMERCIAL HELICOPTER     119

10.4.2.1 Emphasis on corporate social responsibility and sustainability by helicopter operators to drive growth   119

10.5       UNMANNED AERIAL VEHICLE (UAV)     119

10.5.1    COMMERCIAL UNMANNED AERIAL VEHICLE    120

10.5.1.1 Ongoing projects for development of hydrogen fuel cell aircraft to drive growth              120

10.5.2    MILITARY UNMANNED AERIAL VEHICLE            120

10.5.2.1 Diverse use in defense applications to drive growth      120

11          SUSTAINABLE AVIATION FUEL MARKET, BY END USER 121

11.1       INTRODUCTION            122

FIGURE 39         SUSTAINABLE AVIATION FUEL MARKET, BY END USER,  2023–2030 (USD MILLION)     122

TABLE 30           SUSTAINABLE AVIATION FUEL MARKET, BY END USER, 2019–2022 (USD MILLION)     122

TABLE 31           SUSTAINABLE AVIATION FUEL MARKET, BY END USER, 2023–2030 (USD MILLION)     123

11.2       AIRLINE             123

TABLE 32           AIRLINE: SUSTAINABLE AVIATION FUEL MARKET, BY TYPE, 2019–2022 (USD MILLION)          123

TABLE 33           AIRLINE: SUSTAINABLE AVIATION FUEL MARKET, BY TYPE, 2023–2030 (USD MILLION)          123

11.2.1    LARGE AIRLINE 124

11.2.1.1 Financial strength and ample resources to drive growth             124

11.2.2    MEDIUM AIRLINE          124

11.2.2.1 Regulatory pressure and increased passenger traffic to drive growth        124

11.2.3    SMALL AIRLINE 124

11.2.3.1 Government support for use of sustainable aviation fuel to drive growth  124

11.3       NON-SCHEDULED OPERATOR 125

11.3.1    GOVERNMENT INCENTIVES AND INVESTMENTS IN SUSTAINABLE AVIATION FUEL PRODUCTION TO DRIVE GROWTH      125

11.4       GOVERNMENT/MILITARY         125

11.4.1    COLLABORATIVE EFFORTS AMONG STRATEGIC PARTNERS TO DRIVE GROWTH          125

12          SUSTAINABLE AVIATION FUEL MARKET, BY REGION    126

12.1       INTRODUCTION            127

FIGURE 40         SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2023–2030      127

TABLE 34           SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2019–2022 (USD MILLION)     128

TABLE 35           SUSTAINABLE AVIATION FUEL MARKET, BY REGION, 2023–2030 (USD MILLION)     128

12.2       NORTH AMERICA          128

12.2.1    PESTLE ANALYSIS         129

FIGURE 41         NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT        131

TABLE 36           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 131

TABLE 37           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2023–2030 (USD MILLION) 132

TABLE 38           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 132

TABLE 39           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 132

TABLE 40           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION) 133

TABLE 41           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION) 133

TABLE 42           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        133

TABLE 43           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        134

TABLE 44           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2019–2022 (USD MILLION)             134

TABLE 45           NORTH AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)             134

12.2.2    US         135

12.2.2.1 Rising concerns about carbon emissions to drive growth            135

TABLE 46           US: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)          135

TABLE 47           US: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)          135

TABLE 48           US: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        136

TABLE 49           US: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        136

12.2.3    CANADA            136

12.2.3.1 Innovations focused on lowering carbon footprint to drive growth            136

TABLE 50           CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          137

TABLE 51           CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          137

TABLE 52           CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        137

TABLE 53           CANADA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        138

12.3       ASIA PACIFIC    138

12.3.1    PESTLE ANALYSIS         138

FIGURE 42         ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT        140

TABLE 54           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 141

TABLE 55           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2023–2030 (USD MILLION) 141

TABLE 56           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 141

TABLE 57           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 142

TABLE 58           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION) 142

TABLE 59           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION) 142

TABLE 60           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        143

TABLE 61           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        143

TABLE 62           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2019–2022 (USD MILLION)             143

TABLE 63           ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)             144

12.3.2    INDIA   144

12.3.2.1 Government support for adoption of sustainable aviation fuel to drive growth              144

TABLE 64           INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)          144

TABLE 65           INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)          145

TABLE 66           INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        145

TABLE 67           INDIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        145

12.3.3    AUSTRALIA       145

12.3.3.1 Development of commercial supply chains of sustainable aviation fuel to drive growth   145

TABLE 68           AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          146

TABLE 69           AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          146

TABLE 70           AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)      146

TABLE 71           AUSTRALIA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)      147

12.3.4    SOUTH KOREA 147

12.3.4.1 Increasing investments in sustainable aviation solutions to drive growth  147

TABLE 72           SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 147

TABLE 73           SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 148

TABLE 74           SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)      148

TABLE 75           SOUTH KOREA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)      148

12.3.5    JAPAN  148

12.3.5.1 Development of sustainable aviation fuel by key domestic players to drive growth              148

TABLE 76          JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          149

TABLE 77          JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          149

TABLE 78           JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        149

TABLE 79           JAPAN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        150

12.3.6    CHINA  150

12.3.6.1 Collaborations between Chinese airlines, airframe manufacturers, and biofuel producers to drive growth  150

TABLE 80           CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          150

TABLE 81           CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          151

TABLE 82           CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        151

TABLE 83           CHINA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        151

12.3.7    SINGAPORE      151

12.3.7.1 Presence of oil & gas multinationals to drive growth     151

TABLE 84           SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          152

TABLE 85           SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          152

TABLE 86           SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)      152

TABLE 87           SINGAPORE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)      152

12.3.8    REST OF ASIA PACIFIC  153

TABLE 88           REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)     153

TABLE 89           REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)     153

TABLE 90           REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)              154

TABLE 91           REST OF ASIA PACIFIC: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)              154

12.4       EUROPE             154

12.4.1    PESTLE ANALYSIS         155

FIGURE 43         EUROPE: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT              157

TABLE 92           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 158

TABLE 93           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2023–2030 (USD MILLION) 158

TABLE 94           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          158

TABLE 95           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          159

TABLE 96           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION)   159

TABLE 97           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION)   159

TABLE 98           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)           160

TABLE 99           EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)           160

TABLE 100         EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2019–2022 (USD MILLION)             160

TABLE 101         EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)             160

12.4.2    GERMANY         161

12.4.2.1 Advancements in technological pathways to drive growth           161

TABLE 102         GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          161

TABLE 103         GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          161

TABLE 104         GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        162

TABLE 105         GERMANY: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        162

12.4.3    UK         162

12.4.3.1 Presence of prominent sustainable aviation fuel manufacturers to drive growth              162

TABLE 106         UK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)          163

TABLE 107         UK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)          163

TABLE 108         UK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        163

TABLE 109         UK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        163

12.4.4    FRANCE             164

12.4.4.1 Initiatives on low carbon strategy from global leaders to drive growth      164

TABLE 110         FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          164

TABLE 111         FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          164

TABLE 112         FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)           165

TABLE 113         FRANCE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)           165

12.4.5    DENMARK         165

12.4.5.1 Rapid development of sustainable fuel by aviation industry to drive growth              165

TABLE 114         DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          166

TABLE 115         DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          166

TABLE 116         DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        166

TABLE 117         DENMARK: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        167

12.4.6    FINLAND           167

12.4.6.1 Long-term initiatives for production of e-fuels to drive growth   167

TABLE 118         FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          167

TABLE 119         FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          168

TABLE 120         FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        168

TABLE 121         FINLAND: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        168

12.4.7    REST OF EUROPE           168

TABLE 122         REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 169

TABLE 123         REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 169

TABLE 124         REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        169

TABLE 125         REST OF EUROPE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        170

12.5       MIDDLE EAST  170

12.5.1    PESTLE ANALYSIS         170

FIGURE 44         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT        172

TABLE 126         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 172

TABLE 127         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2023–2030 (USD MILLION) 173

TABLE 128         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 173

TABLE 129         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 173

TABLE 130         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION) 173

TABLE 131         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION) 174

TABLE 132         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        174

TABLE 133         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        174

TABLE 134         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2019–2022 (USD MILLION)             174

TABLE 135         MIDDLE EAST: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)             175

12.5.2    UAE      175

12.5.2.1 New initiatives on sustainability to drive growth          175

TABLE 136         UAE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)          175

TABLE 137         UAE: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2023–2030 (USD MILLION)          176

TABLE 138         UAE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION          176

TABLE 139         UAE: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        176

12.5.3    BAHRAIN           176

12.5.3.1 Projects testing scalability of sustainable aviation fuel in airlines to drive growth              176

TABLE 140         BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          177

TABLE 141         BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          177

TABLE 142         BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)      177

TABLE 143         BAHRAIN: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        177

12.5.4    QATAR 178

12.5.4.1 Focus of domestic airlines on biofuel production to drive growth             178

TABLE 144         QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          178

TABLE 145         QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          178

TABLE 146         QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        178

TABLE 147         QATAR: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        179

12.6       LATIN AMERICA             179

12.6.1    PESTLE ANALYSIS         179

FIGURE 45         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET SNAPSHOT        181

TABLE 148         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2019–2022 (USD MILLION) 181

TABLE 149         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY COUNTRY,  2023–2030 (USD MILLION) 182

TABLE 150         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION) 182

TABLE 151         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION) 182

TABLE 152         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2019–2022 (USD MILLION) 182

TABLE 153         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL MANUFACTURING TECHNOLOGY, 2023–2030 (USD MILLION) 183

TABLE 154         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)        183

TABLE 155         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)        183

TABLE 156         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2019–2022 (USD MILLION)             183

TABLE 157         LATIN AMERICA: SUSTAINABLE AVIATION FUEL MARKET, BY PLATFORM,  2023–2030 (USD MILLION)             184

12.6.2    BRAZIL 184

12.6.2.1 GHG reduction initiatives to drive growth     184

TABLE 158         BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE, 2019–2022 (USD MILLION)             184

TABLE 159         BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          184

TABLE 160         BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2019–2022 (USD MILLION)        185

TABLE 161         BRAZIL: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY,  2023–2030 (USD MILLION)        185

12.6.3    MEXICO             185

12.6.3.1 Boost in R&D of sustainable aviation fuel to drive growth          185

TABLE 162         MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2019–2022 (USD MILLION)          185

TABLE 163         MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE,  2023–2030 (USD MILLION)          186

TABLE 164         MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2019–2022 (USD MILLION)           186

TABLE 165         MEXICO: SUSTAINABLE AVIATION FUEL MARKET, BY BIOFUEL BLENDING CAPACITY, 2023–2030 (USD MILLION)           186

13          COMPETITIVE LANDSCAPE       187

13.1       INTRODUCTION            187

13.2       STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023      187

TABLE 166         STRATEGIES ADOPTED BY KEY PLAYERS, 2020–2023      187

13.3       MARKET SHARE ANALYSIS, 2023             188

FIGURE 46         MARKET SHARE OF KEY PLAYERS, 2023 188

TABLE 167         DEGREE OF COMPETITION       188

13.4       RANKING ANALYSIS, 2023          189

FIGURE 47         MARKET RANKING OF KEY PLAYERS, 2023          189

13.5       REVENUE ANALYSIS, 2023          190

FIGURE 48         REVENUE ANALYSIS OF KEY PLAYERS, 2023       190

13.6       COMPANY EVALUATION MATRIX, 2023 190

13.6.1    STARS  190

13.6.2    EMERGING LEADERS    190

13.6.3    PERVASIVE PLAYERS     190

13.6.4    PARTICIPANTS 190

FIGURE 49         COMPANY EVALUATION MATRIX, 2023 191

13.6.5    COMPANY FOOTPRINT 191

TABLE 168         COMPANY FOOTPRINT 191

TABLE 169         PLATFORM FOOTPRINT            192

TABLE 170         REGION FOOTPRINT    193

13.7       START-UP/SME EVALUATION MATRIX, 2023      194

13.7.1    PROGRESSIVE COMPANIES       194

13.7.2    RESPONSIVE COMPANIES          194

13.7.3    DYNAMIC COMPANIES 194

13.7.4    STARTING BLOCKS       194

FIGURE 50         START-UP/SME EVALUATION MATRIX, 2023      195

13.7.5    COMPETITIVE BENCHMARKING            195

TABLE 171         KEY START-UPS/SMES  195

TABLE 172         COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES              196

13.8       COMPETITIVE SCENARIO          196

13.8.1    DEALS  196

TABLE 173         DEALS  196

14          COMPANY PROFILES    201

14.1       KEY PLAYERS   201

(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and Competitive threats)*

14.1.1    NESTE  201

TABLE 174         NESTE: COMPANY OVERVIEW  201

FIGURE 51         NESTE: COMPANY SNAPSHOT  202

TABLE 175         NESTE: PRODUCTS/SOLUTIONS/SERVICES OFFERED   202

TABLE 176         NESTE: DEALS  203

14.1.2    FULCRUM BIOENERGY 205

TABLE 177         FULCRUM BIOENERGY: COMPANY OVERVIEW  205

TABLE 178         FULCRUM BIOENERGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED          205

TABLE 179         FULCRUM BIOENERGY: DEALS 205

14.1.3    LANZATECH     207

TABLE 180         LANZATECH: COMPANY OVERVIEW      207

TABLE 181         LANZATECH: PRODUCTS/SOLUTIONS/SERVICES OFFERED              207

TABLE 182         LANZATECH: DEALS     207

14.1.4    WORLD ENERGY, LLC   209

TABLE 183         WORLD ENERGY, LLC: COMPANY OVERVIEW    209

TABLE 184         WORLD ENERGY, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          209

TABLE 185         WORLD ENERGY, LLC: DEALS   209

14.1.5    TOTALENERGIES           211

TABLE 186         TOTALENERGIES: COMPANY OVERVIEW           211

FIGURE 52         TOTALENERGIES: COMPANY SNAPSHOT           211

TABLE 187         TOTALENERGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          212

TABLE 188         TOTALENERGIES: DEALS           212

14.1.6    GEVO   214

TABLE 189         GEVO: COMPANY OVERVIEW    214

FIGURE 53         GEVO: COMPANY SNAPSHOT   214

TABLE 190         GEVO: PRODUCTS/SOLUTIONS/SERVICES OFFERED     215

TABLE 191         GEVO: DEALS   215

14.1.7    SG PRESTON     216

TABLE 192         SG PRESTON: COMPANY OVERVIEW     216

TABLE 193         SG PRESTON: PRODUCTS/SOLUTIONS/SERVICES OFFERED              216

TABLE 194         SG PRESTON: DEALS     216

14.1.8    VELOCYS PLC   217

TABLE 195         VELOCYS PLC: COMPANY OVERVIEW   217

FIGURE 54         VELOCYS PLC: COMPANY SNAPSHOT   217

TABLE 196         VELOCYS PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED              218

TABLE 197         VELOCYS PLC: DEALS   218

14.1.9    NORTHWEST ADVANCED BIO-FUELS, LLC         219

TABLE 198         NORTHWEST ADVANCED BIO-FUELS, LLC: COMPANY OVERVIEW        219

TABLE 199         NORTHWEST ADVANCED BIO-FUELS, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED   219

TABLE 200         NORTHWEST ADVANCED BIO-FUELS, LLC: DEALS         219

14.1.10  SKYNRG             220

TABLE 201         SKYNRG: COMPANY OVERVIEW             220

TABLE 202         SKYNRG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220

TABLE 203         SKYNRG: DEALS             220

14.1.11  RED ROCK BIOFUELS    222

TABLE 204         RED ROCK BIOFUELS: COMPANY OVERVIEW    222

TABLE 205         RED ROCK BIOFUELS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          222

TABLE 206         RED ROCK BIOFUELS: DEALS    222

14.1.12  AEMETIS, INC.  223

TABLE 207         AEMETIS, INC.: COMPANY OVERVIEW   223

TABLE 208         AEMETIS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED              223

TABLE 209         AEMETIS, INC.: DEALS  223

14.1.13  PROMETHEUS FUELS   225

TABLE 210         PROMETHEUS FUELS: COMPANY OVERVIEW    225

TABLE 211         PROMETHEUS FUELS: PRODUCTS/SOLUTIONS/SERVICES OFFERED          225

TABLE 212         PROMETHEUS FUELS: DEALS    226

14.1.14  WASTEFUEL     227

TABLE 213         WASTEFUEL: COMPANY OVERVIEW      227

TABLE 214         WASTEFUEL: PRODUCTS/SOLUTIONS/SERVICES OFFERED              227

TABLE 215         WASTEFUEL: DEALS      227

14.1.15  ALDER RENEWABLES    229

TABLE 216         ALDER RENEWABLES: COMPANY OVERVIEW    229

TABLE 217         ALDER RENEWABLES: PRODUCTS/SOLUTIONS/SERVICES OFFERED          229

TABLE 218         ALDER RENEWABLES: DEALS    230

14.1.16  SAF+ CONSORTIUM      231

TABLE 219         SAF+ CONSORTIUM: COMPANY OVERVIEW       231

TABLE 220         SAF+ CONSORTIUM: PRODUCTS/SOLUTIONS/SERVICES OFFERED          231

TABLE 221         SAF+ CONSORTIUM: DEALS      231

14.1.17  PREEM AB         233

TABLE 222         PREEM AB: COMPANY OVERVIEW          233

TABLE 223         PREEM AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED              233

TABLE 224         PREEM AB: DEALS         233

14.1.18  OMV GROUP     234

TABLE 225         OMV GROUP: COMPANY OVERVIEW     234

TABLE 226         OMV GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED              234

TABLE 227         OMV GROUP: DEALS     235

14.1.19  BP P.L.C.            236

TABLE 228         BP P.L.C.: COMPANY OVERVIEW             236

FIGURE 55         BP P.L.C.: COMPANY SNAPSHOT            237

TABLE 229         BP P.L.C.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 237

TABLE 230         BP P.L.C.: DEALS            238

14.2       OTHER PLAYERS           239

14.2.1    ATMOSFAIR      239

14.2.2    PHILLIPS 66 COMPANY 239

14.2.3    SUNDROP FUELS, INC.  240

14.2.4    HYPOINT INC.  240

14.2.5    ZEROAVIA, INC.              241

*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and Competitive threats might not be captured in case of unlisted companies.

15          APPENDIX         242

15.1       DISCUSSION GUIDE      242

15.2       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             245

15.3       CUSTOMIZATIONS OPTIONS    247

15.4       RELATED REPORTS       247

15.5       AUTHOR DETAILS         248