Aviation Biofuel Market Report: Trends, Forecast and Competitive Analysis to 2030

Aviation Biofuel Trends and Forecast

The future of the global aviation biofuel market looks promising with opportunities in the military and commercial markets. The global aviation biofuel market is expected to reach an estimated $56 billion by 2030 with a CAGR of 5.8% from 2024 to 2030. The major drivers for this market are rising need for reduction in ghg emissions in the aviation industry, increasing demand for air travel, and growing government regulations.

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Aviation Biofuel by Segment

The study includes a forecast for the global aviation biofuel by type, application, and region.

Aviation Biofuel Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Hydroprocessed Esters & Fatty Acids
• Hydrotreated Vegetable Oil
• Flight Test
• Safety Information Protection
• Alcohol-to-Jet

Aviation Biofuel Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Military
• Commercial
• Others

Aviation Biofuel Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Aviation Biofuel Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aviation biofuel companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aviation biofuel companies profiled in this report include-

• Neste
• Gevo
• World Energy
• Eni

Aviation Biofuel Market Insights

Lucintel forecasts that hydroprocessed esters & fatty acids is expected to witness the highest growth over the forecast period as it is the most mature and commercially viable type of aviation biofuel.

Within this market, commercial will remain the largest segment due to the high development in technological pathways to commercialize jet fuel use.

North America will remain the largest region over the forecast period due to increasing environmental concerns in the region.

Features of the Global Aviation Biofuel Market

Market Size Estimates: Aviation biofuel market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Aviation biofuel market size by type, application, and region in terms of value ($B).

Regional Analysis: Aviation biofuel market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the aviation biofuel market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aviation biofuel market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the aviation biofuel market size?

Answer: The global aviation biofuel market is expected to reach an estimated $56 billion by 2030.

Q2. What is the growth forecast for aviation biofuel market?

Answer: The global aviation biofuel market is expected to grow with a CAGR of 5.8% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the aviation biofuel market?

Answer: The major drivers for this market are rising need for reduction in ghg emissions in the aviation industry, increasing demand for air travel and growing government regulations.

Q4. What are the major segments for aviation biofuel market?

Answer: The future of the aviation biofuel market looks promising with opportunities in the military and commercial markets.

Q5. Who are the key aviation biofuel market companies?

Answer: Some of the key aviation biofuel companies are as follows.

• Neste
• Gevo
• World Energy
• Eni

Q6. Which aviation biofuel market segment will be the largest in future?

Answer: Lucintel forecasts that hydroprocessed esters & fatty acids is expected to witness the highest growth over the forecast period as it is the most mature and commercially viable type of aviation biofuel.

Q7. In aviation biofuel market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to increasing environmental concerns in the region.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the aviation biofuel market by type (hydroprocessed esters & fatty acids, hydrotreated vegetable oil, flight test, safety information protection, and alcohol-to-jet), application (military, commercial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?