Aviation Biofuel Market Analysis

  • Report ID: 2695
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Aviation Biofuel Market Analysis

The aviation biofuel market is segmented by production technology, application, and region. Among production technology, the hydrogenated vegetable oil segment is expected to influence the overall market owing to the fact that it’s the primary source of raw material for first-generation aircraft biofuel manufacturing and generation. Based on the application, the commercial aircraft segment is predicted to dominate the global market on account of the growing adaptation of biofuels instead of traditional jet fuel.

Our in-depth analysis of the global market includes the following segments:

By Production Technology

  • Fischer-Tropsch
  • Hydrogenated Vegetable Oil

By Application

  • Military Aviation
  • Commercial Aviation
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 2695
  • Published Date: Oct 16, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of aviation biofuel is evaluated at USD 44.43 billion.

Aviation Biofuel Market size was valued at USD 42.36 billion in 2023 and is set to exceed USD 91.47 billion by 2036, registering over 6.1% CAGR during the forecast period i.e., between 2024-2036.

North America industry is poised to dominate majority revenue share by 2036, on account of expansion of aviation biofuel production companies, growing clean energy demand, and rising carbon emission reduction measures.

The major players in the market are Red Rock Biofuels, GEVO, PetroSun, Inc., Archer Daniels Midland Company, Honeywell International Inc., Targray Technology International, Argent Energy, KFS Biodiesel GmbH & Co. KG, Shirke Energy, and others.
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