Application (Commercial Aircraft, Regional Transport Aircraft, Military Aviation, Business & General Aviation, Unmanned Aerial Vehicles)
Alcohol-to-jet Fuel market from the commercial aircraft segment is anticipated to generate the largest revenue by the end of 2037. This is owing to the growing passenger travelling by airplane. Moreover, there has been a surge in the transportation of cargo through aircraft since shipping by air offers quicker delivery and less handling of goods throughout the route. With freight volumes striking about 64 million metric tonnes in 2021, the global amount of air freight has been increasing rapidly recently. In 2023, it was predicted that this quantity would reach approximately 56 million metric tonnes.
Feedstock (Ethanol, N-butanol, Iso-butanol, Methanol)
The ethanol segment in the alcohol-to-jet (ATJ) Fuel market is expected to have noteworthy growth over the forecast period. One of the promising biofuels that assisted with the energy crisis is bioethanol. As a result of the considerable effort and funding dedicated to its development, the production rates of bioethanol from both starch and lignocellulose increased quickly, which met the demand for fuel in aviation. Therefore, this segment is anticipated to have a greater influence on the alcohol-to-jet Fuel market.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Dhruv Bhatia
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