Sustainable Aviation Fuel Market growth accelerating at 59% CAGR; 30.46% YOY achieved in 2021 -- Technavio

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Oct 04, 2022, 05:00 ET

NEW YORK, Oct. 4, 2022 /PRNewswire/ -- The "Sustainable Aviation Fuel Market by Type and Geography - Forecast and Analysis 2021-2025" report by Technavio expects the market size to grow by USD 562.39 million between 2020 and 2025. The market observed a YOY growth of 30.46% in 2021 and the growth momentum is expected to accelerate at a CAGR of 59% during the forecast period. The report offers a comprehensive analysis of the current market size, future growth opportunities, key strategies adopted by vendors, new product launches, and key segments to invest in over the forecast period.

Technavio has announced its latest market research report titled Global Sustainable Aviation Fuel Market

Download PDF Report Sample to understand the scope of our full report on the global sustainable aviation fuel market.

The global sustainable aviation fuel market is fragmented. The market comprises several large, medium, and small players. Leading players hold a significant share in the market. They offer a broad range of sustainable aviation fuels. They are also trying to establish their presence in emerging economies owing to vast growth opportunities. Emerging markets such as India and China will be the fastest-growing markets, with some local players gaining a considerable market share due to their low-cost products. The market players compete on various factors, such as price, availability, brand, and variety. Pricing is a major factor for competition among the players to gain an edge in the market. The growth of players in the market also depends on market conditions, government support, and industry development. Access to capital and advances in product innovations are major barriers to the entry of new players.

The report identifies Aemetis Inc., Avfuel Corp., Eni Spa, Fulcrum BioEnergy Inc., Gevo Inc., Neste Corp., SkyNRG BV, Total SA, Velocys Plc, and World Energy as major market participants. Although the presence of favorable government policies offer immense growth opportunities, the higher costs of production compared to conventional fuels will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Request Sample Report Here

Sustainable Aviation Fuel Market 2021-2025: Segmentation

The global sustainable aviation fuel market is segmented as below:

Type

Biofuel
Hydrogen Fuel
Power to Liquid Fuel

The market growth in the biofuel segment will be significant over the forecast period. The increase in the number of air passengers, coupled with the rising air traffic is compelling regulatory bodies to focus on reducing carbon emissions caused by the aviation sector. In addition, the increased government support on the use of biofuels will contribute to the growth of the segment.

Geography

North America
APAC
Europe
MEA
South America

About 43% of the market growth will originate in North America during the forecast period. The rapid increase in the demand for new aircraft and increased investments in the development of efficient aircraft systems are driving the growth of the regional market. Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our sustainable aviation fuel market report covers the following areas:

Sustainable Aviation Fuel Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the sustainable aviation fuel market, including some of the dominant vendors. Backed with competitive intelligence and benchmarking, our research report on the sustainable aviation fuel market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Sustainable Aviation Fuel Market 2021-2025: Key Highlights

CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist sustainable aviation fuel market growth during the next five years
Estimation of the sustainable aviation fuel market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the sustainable aviation fuel market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of sustainable aviation fuel market vendors

Related Reports:

Sustainable Aviation Fuel Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 59%
Market growth 2021-2025	USD 562.39 million
Market structure	Fragmented
YoY growth (%)	30.46
Regional analysis	North America, APAC, Europe, MEA, and South America
Performing market contribution	North America at 43%
Key consumer countries	US, China, UK, Japan, Russian Federation, and Germany
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Aemetis Inc., Avfuel Corp., Eni Spa , Fulcrum BioEnergy Inc., Gevo Inc., Neste Corp., SkyNRG BV, Total SA, Velocys Plc, and World Energy
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents:

Executive Summary

Market Landscape

Market ecosystem
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Type

Market segments
Comparison by Type
Biofuel - Market size and forecast 2020-2025
Hydrogen fuel - Market size and forecast 2020-2025
Power to liquid fuel - Market size and forecast 2020-2025
Market opportunity by Type

Customer landscape

Overview

Geographic Landscape

Geographic segmentation
Geographic comparison
North America - Market size and forecast 2020-2025
APAC - Market size and forecast 2020-2025
Europe - Market size and forecast 2020-2025
MEA - Market size and forecast 2020-2025
South America - Market size and forecast 2020-2025
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Landscape disruption

Vendor Analysis

Vendors covered
Market positioning of vendors
Aemetis Inc.
Avfuel Corp.
Eni Spa
Fulcrum BioEnergy Inc.
Gevo Inc.
Neste Corp.
SkyNRG BV
Total SA
Velocys Plc
World Energy

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio