Lucintel Forecasts The Global Aviation Biofuel Market To Reach $56 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, 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.
A more than 150-page report to understand trends, opportunity and forecast in global aviation biofuel market to 2030 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).
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.
Download sample by clicking on aviation biofuel market.
North America will remain the largest region over the forecast period due to increasing environmental concerns in the region.
Neste, Gevo, World Energy, Eni are the major suppliers in the aviation biofuel market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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