Global Aviation Biofuels Market Report and Forecast 2024-2032

Global Aviation Biofuels Market Report and Forecast 2023-2028


Market Outlook

According to the report by Expert Market Research (EMR), the global aviation biofuels market is projected to grow at a CAGR of 60.50% between 2024 and 2032. Aided by the burgeoning demand for sustainable aviation solutions and the mounting concerns about carbon emissions, the market is expected to grow significantly by 2032.

Aviation biofuels, a class of biofuels specifically designed for use in aircraft, have emerged as a beacon of hope in the quest for sustainable air travel. Deriving their origin from natural feedstocks like algae, jatropha, and other non-food crops, these biofuels offer the potential to significantly reduce the carbon footprint of the aviation sector.

The escalating urgency to combat climate change is a significant driving force behind the aviation biofuels market growth. The aviation industry, contributing a considerable chunk of global greenhouse gas emissions, has come under increasing scrutiny. To align with global climate commitments, stakeholders across the sector are turning to biofuels as a viable alternative to conventional jet fuel, thus spurring market growth.

Moreover, the global push for energy diversification and reducing dependency on fossil fuels further amplifies the allure of aviation biofuels. As countries and corporations strive to bolster their energy security and hedge against volatile oil prices, the impetus for developing and adopting biofuel solutions gains momentum.

Technological advancements in biofuel production methodologies have also played a pivotal role in catalysing aviation biofuels market demand. Processes like hydro-processing, which converts plant oils and fats into bio-jet fuel, have matured over the years, offering improved efficiency and cost-effectiveness. Additionally, innovations in feedstock utilisation, especially non-food crops and waste materials, are expanding the potential of sustainable biofuel production, aligning with the global shift towards a circular economy.

Furthermore, the collaborative efforts of governments, research institutions, and industry leaders have accelerated the commercialisation and acceptance of aviation biofuels. Strategic partnerships, like those seen in the Sustainable Aviation Fuel Users Group, aim to promote research, development, and deployment of sustainable aviation fuels at scale.

The dynamics of the aviation biofuels market outlook appears promising. As the nexus of environmental imperatives, technological innovation, and global energy dynamics converge, aviation biofuels stand poised to play a central role in shaping the future of sustainable air travel, marking the dawn of an era defined by responsibility, resilience, and innovation.

Market Segmentation

The market can be divided based on technology, application, and region.

Market Breakup by Technology
  • Fischer-Tropsch
  • Hydrogenated Vegetable Oil
Market Breakup by Application
  • Military Aviation
  • Commercial Aviation
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global aviation biofuels market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Gevo, Inc.
  • Red Rock Biofuels
  • Exxon Mobil Corporation
  • TotalEnergies SE
  • Enerkem Inc.
  • Others
About Us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Aviation Biofuels Market Analysis
8.1 Key Industry Highlights
8.2 Global Aviation Biofuels Historical Market (2018-2023)
8.3 Global Aviation Biofuels Market Forecast (2024-2032)
8.4 Global Aviation Biofuels Market by Technology
8.4.1 Fischer-Tropsch
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2023)
8.4.1.3 Forecast Trend (2024-2032)
8.4.2 Hydrogenated Vegetable Oil
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2023)
8.4.2.3 Forecast Trend (2024-2032)
8.5 Global Aviation Biofuels Market by Application
8.5.1 Military Aviation
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2023)
8.5.1.3 Forecast Trend (2024-2032)
8.5.2 Commercial Aviation
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2023)
8.5.2.3 Forecast Trend (2024-2032)
8.6 Global Aviation Biofuels Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Gevo, Inc.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Red Rock Biofuels
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Exxon Mobil Corporation
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 TotalEnergies SE
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Enerkem Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Aviation Biofuels Market: Key Industry Highlights, 2018 and 2032
2. Global Aviation Biofuels Historical Market: Breakup by Technology (USD Million), 2018-2023
3. Global Aviation Biofuels Market Forecast: Breakup by Technology (USD Million), 2024-2032
4. Global Aviation Biofuels Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Aviation Biofuels Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Aviation Biofuels Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Aviation Biofuels Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Aviation Biofuels Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Aviation Biofuels Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Aviation Biofuels Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Aviation Biofuels Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Aviation Biofuels Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Aviation Biofuels Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Aviation Biofuels Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Aviation Biofuels Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Aviation Biofuels Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Aviation Biofuels Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Aviation Biofuels Market Structure.

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings