Scope of the Study
Aviation biofuel is used for aircraft and considered by several to be the primary means by which the aviation sector can reduce their carbon footprint. Of late, leading biofuel investors and producers reveal that they are still struggling to get governments to deliver the right regulatory framework and carbon pricing to ensure aviation biofuels rapid growth across the world. Moreover, in the last couple of years, biofuels have moved from relative obscurity to a point where certain types of fuel have become fully certified for commercial use in up to 50% blends with standard jet fuel and commercial partnerships between airlines and biofuel producers are being established.
The market study is being classified, by Application (Civil Aviation and Military Aviation) and major geographies with country level break-up.
Honeywell International Inc. (United States), Red Rock Biofuels (United States), Targray Technology International Inc. (Canada), Argent Energy (United Kingdom), Gevo, Inc. (United States), KFS Biodiesel GmbH & Co. KG (Germany), PetroSun, Inc. (United States), Shirke Energy (India) and Archer Daniels Midland Company (United States) are some of the key players profiled in the study.
Several countries government initiatives such as a green drive for environment protection providing a lucrative opportunity for the biofuels sector. Key market players are continuously focusing on the development of biofuels for lesser carbon emission. For instance, United Airlines, Boeing, Honeywell’s UOP, the Chicago Department of Aviation and the Clean Energy Trust announced the formation of the Midwest Aviation Sustainable Biofuels Initiative (MASBI), designed to advance aviation biofuel development in a 12-state region holding significant promise for biomass feedstock, technology development and sustainable commercialization. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Aviation Biofuel market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Aviation Biofuel market by Type, Application and Region.
On the basis of geography, the market of Aviation Biofuel has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Supportive Government Policies that Encourage the Rapid Growth of Biofuel Production Globally
- Increased Use of Sustainably Derived Biojet is Essential for the Aviation Sector
- Technology Development is Essential to Increase Aviation Biofuel Availability
- Fluctuating Raw Material Prices
- High Initial Investment in Refinery Project
- Growing Economic Wealth and Increasing Number of Travellers across the World, especially in the Asian Pacific Region
- The Production and Use of Biofuels Produce a Range Of Emissions
Key Target AudienceAviation Biofuel Producers, Distributors/Suppliers, Technology Providers, Research and Consulting Firms, Government and Private Organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase