Global Renewable Aviation Fuel Market 2022 - Snapshot
The global renewable aviation fuel market size is projected to grow by USD 26,430 million from 2022 to 2028, registering a CAGR of 79.9 percent, according to a new report by Gen Consulting Company.
This industry report offers market estimates of the global market, followed by a detailed analysis of the technology, application, and region. The global market data on renewable aviation fuel can be segmented by technology: Fischer-Tropsch (FT) process, HVO (hydrotreated vegetable oil), synthesized iso-paraffins (SIP) and alcohol-to-jet (AJT) process. Among these, the HVO (hydrotreated vegetable oil) segment was accounted for the highest revenue generator in 2021. Renewable aviation fuel market is further segmented by application: commercial, non-commercial. The commercial segment is estimated to account for the largest share of the global renewable aviation fuel market. Based on region, the renewable aviation fuel market is segmented into: North America, Europe, Asia-Pacific, Rest of the World. North America held the largest share of the global renewable aviation fuel market in 2021 and is anticipated to hold its share during the forecast period.
The report also includes the profiles of leading companies such as Gevo Inc., Honeywell International Inc., LanzaTech Inc., Neste Oyj, Swedish Biofuels AB, Total S.A.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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