Aviation biofuel is a biofuel used for aircraft. It is considered by some to be the primary means by which the aviation industry can reduce its carbon footprint.
This report contains market size and forecasts of Aviation Biofuels in global, including the following market information:
Global Aviation Biofuels Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Aviation Biofuels Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Aviation Biofuels companies in 2021 (%)
The global Aviation Biofuels market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hydrogenated Vegetable Oil (HVO) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Aviation Biofuels include Red Rock Biofuels, Vega Biofuels, GEVO, PetroSun Inc., Archer Daniels Midland Company, Honeywell International Inc., Targray Technology International Inc., Argent Energy and KFS Biodiesel GmbH & Co. KG and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Aviation Biofuels manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Aviation Biofuels Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Aviation Biofuels Market Segment Percentages, by Type, 2021 (%)
Hydrogenated Vegetable Oil (HVO)
Fischer-Tropsch (FT)
Global Aviation Biofuels Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Aviation Biofuels Market Segment Percentages, by Application, 2021 (%)
Military Aviation
Commercial Aviation
Global Aviation Biofuels Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Aviation Biofuels Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Aviation Biofuels revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Aviation Biofuels revenues share in global market, 2021 (%)
Key companies Aviation Biofuels sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Aviation Biofuels sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Red Rock Biofuels
Vega Biofuels
GEVO
PetroSun Inc.
Archer Daniels Midland Company
Honeywell International Inc.
Targray Technology International Inc.
Argent Energy
KFS Biodiesel GmbH & Co. KG
Shirke Energy