Sustainable Aviation Fuel Market to reach $4,30 Bn by 2028: COVID Impact, Opportunities, Trends and Forecast

Release Month: April 2021

Evolve Business Intelligence has published a new market research report on “The global Sustainable Aviation Fuel market was estimated to be $62.1 million in 2020 and is anticipated to grow at a CAGR of 67.27% from 2021 to 2028”

For more information on the report:

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Sustainable Aviation Fuel market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

In terms of COVID 19 impact, the Sustainable Aviation Fuel market report also includes the following data points:

  • COVID19 Impact on Sustainable Aviation Fuel market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Sustainable Aviation Fuel market

Analyst View

According to Parimal, Principal Analyst, Evolve Business Intelligence, “the recent COVID scenario had negatively impacted the market. Due to the travel restriction imposed by governments worldwide there are expected delays in the production activities. Further, reduced air travels during the imposed lockdown is also expected to impact the sustainable aviation fuel market significantly.”

Competitive Scenario
Some of the major Sustainable Aviation Fuel players holding high market share include Neste, Gevo, Eni, and World energy. These players use collaboration and agreement as a key strategy to gain significant market share to compete with market leaders.

Segmental Analysis
Sustainable Aviation Fuel market is analyzed across the below-mentioned segments:

  • Fuel Type
    • Biofuel
    • Hydrogen Fuel
    • Power to Liquid Fuel
  • Manufacturing Fuel Type
    • Hydro processed Fatty Acid Esters
    • Manufacturing Hydrogen Fuel
    • Fischer Tropsch
    • Alcohol to Jet SPK
    • Others
  • Blending Capacity
    • Below 30%
    • 30% to 50%
    • Above 50%

Report Coverage
The study also contains a comprehensive value chain, as well as details on the key factors affecting the market growth (drivers, constraints, and opportunities). Furthermore, the report includes 10 key players in the Sustainable Aviation Fuel market ecosystem that have been strategically profiled, along with the market ranking/share for major players. Under the company profile section, the company’s core competencies have been comprehensively analyzed, along with detailing the competitive landscape for the market players, and the strategies such as partnerships and collaboration, acquisitions, product launches and developments, contracts, and business expansion adopted by them to grow in the market.

The key players profiled in the report are:

  • Neste
  • Gevo
  • Eni
  • World Energy
  • SkyNRG
  • Fulcrum BioEnergy
  • Velocys
  • Aemetis
  • Honeywell
  • Sasol

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Research Methodology
This research study makes substantial use of secondary sources, archives, and databases (such as annual reports, news releases, magazines, Trademap, company websites, and other paid databases) to classify and gather information valuable for this analysis. The entire process involves a review of top industry participants’ financial records. Following the determination of the overall market size, the total market was divided into several segments and sub-segments, and this information was then verified through key industry specialists such as CEOs, directors, VPs, and marketing executives.

Report Objectives

  • To define, describe, and forecast the Sustainable Aviation Fuel market, in terms of value, segmented on the basis of indication, type, technology, and geography
  • To forecast the market size across 4 key regions—Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW)
  • To provide detailed information regarding drivers, restraints, and opportunities, in the Sustainable Aviation Fuel market
  • To provide an overview of the value chain analysis pertaining to the Sustainable Aviation Fuel industry
  • To strategically analyze each segment and subsegment with respect to individual overall growth trends and their contribution to the overall Sustainable Aviation Fuel market
  • To analyze opportunities in the market by identifying high-growth segments of the Sustainable Aviation Fuel market
  • To profile key players in the Sustainable Aviation Fuel market and comprehensively analyze their core competencies
  • To analyze competitive developments such as partnerships, product launches and developments, contracts, and mergers and acquisitions carried out in the global Sustainable Aviation Fuel market


About EvolveBI

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

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