Alcohol-to-Jet Fuel Market Share

European Market Forecast

Europe industry is predicted to dominate majority revenue share by 2037, backed by growing emissions from aviation in this region. Sustainable renewable ethanol and biodiesel have been proven to drastically decrease greenhouse-gas emissions from diesel, which is still widely used in Europe. Without needing to build new infrastructure, sustainable biofuels produce results right away. They have already had the greatest influence on the replacement of imported fossil fuels used in aviation. Additionally, by eliminating the need to import animal feed and reducing the usage of crude oil, EU biofuel production greatly increases Europe's strategic autonomy. Hence, since biofuel is anticipated to benefit Europe in every way, the market demand for alcohol-to-jet (ATJ) fuel is projected to grow.

North American Market Analysis

Additionally, the alcohol-to-jet Fuel market in North America is also anticipated to have significant growth over the forecast period. This growth could be dominated by the growing technology development in this region. Moreover, there has been a surge in investment in research on ATJ fuel which is poised to boost the use of this fuel in coming years. Additionally, the price of tickets in this region has drastically been reduced which is boosting the passenger traffic.