Aircraft Fuel Market

1. Aircraft alternative fuel market | Aircraft Fuel Market aviationanddefensemarketreports.com/product/global-aircraft-alternatative-fuels-market/ August 13, 2022 1/9

2. Global Aircraft Alternative Fuels Market $3,500.00 Enquire Now 2/9

3. Category: Commercial Aviation Tags: Bio fuel, fixed wing, Hydrogen, narrowbody aircraft, rotary wing, Unmanned aircraft, wide body aircraft Research to reduce CO2 emissions is urgent for three reasons, including the possibility that such reductions may be legally required even as commercial air travel increases, the fact that new technology takes time to spread throughout the aviation fleet, and the ongoing effects of global CO2 emissions, even though aviation CO2 emissions only make up 2.0 to 2.5 percent of total global CO2 emissions annually. In order to encourage sustainable practices on the commercial and military aviation fields, jet fuel alternatives are needed in the market. Request Table of Content and Sample Pages Go To Country Report Page Track this market real time on DDD Description Frequently Asked Questions of Aircraft AF Market 3/9

4. What is an aircraft alternative fuel? Alternative fuel is currently made from used cooking oil and animal waste fat. Some typical feedstocks used are cooking oil and other non-palm waste oils from animals or plants; solid waste from homes and businesses, such as packaging, paper, textiles, and food scraps that would otherwise go to landfill or incineration. Other potential sources include forestry waste, such as waste wood, and energy crops, including fast growing plants and algae What reason will broaden the development of the aviation alternative fuel market? Using alternative fuel results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. Sustainable fuel gives an impressive reduction of up to 80% in carbon emissions over the lifecycle of the fuel compared to the traditional jet fuel it replaces, depending on the sustainable feedstock used, production method, and the supply chain to the airport. Which region is the leader for change in the global aviation alternative fuel market? North America and Europe What are the key trends in the market? Some of the trends are alternative fuel from wet waste, alternative fuel from Bio-based polycyclic alkane, and alternative fuel from carbon-rich waste gases Even though aviation CO emissions only account for 2.0 to 2.5 percent of total global CO emissions annually, research to reduce CO emissions is urgent for three reasons, i.e. such reductions might be legally required even as commercial air travel increases; new technology takes a while to spread throughout the aviation fleet; and the ongoing effects of global CO2 emissions. Using jet fuel alternatives is a need within the market to promote sustainable practices within the commercial as well as military aviation domain. 2 2 2 With the growth in the commercial aviation market, it is noted that the RPK and the CTK are poised to increase. Thus the incorporation of sustainable practices within this market is noted to be a key area of investment. Major factors driving the growth of the market Aircraft jet fuel accounts for a major chunk of the capital cost incurred during flight operations. Additionally, it is noted that the change in the geopolitical scenario is noted to be one of the main factors that affect the same. The Russia-Ukraine war is noted to be one of the main factors which affect the market as well as the prices of jet fuel. The jet fuel prices are noted to hike owing to the present geo-political scenario of the global market. As of 2022, it was noted that jet fuel costs attained a value of USD 78 per barrel. This in turn caused the airline industry to lose USD 11.6 billion in costs. As of March 2022, the price of jet fuel was noted to be over USD 140 per barrel. Trends influencing the growth of the market 4/9

5. According to the recent statistics published by IATA, was noted than above 370,000 flights have taken to technology and the introduction of concepts like green aviation is poised to drive the adoption of Aviation Alternative Fuels. Jet fuel alternatives are noted to have been derived from renewable biomass and waste materials and it has the potential to match the performance of petroleum-based jet fuel while emitting a fraction of the carbon dioxide (GHG) emissions. This would give airlines a strong starting point for decoupling GHG emissions during flights. The GHG emissions depend on the feedstock as well as the technologies used to produce the Aviation Alternative Fuels. Certain emerging Aviation Alternative Fuels pathways were noted to have produced a net- negative GHG footprint. Since many alternative fuels for airplanes have fewer aromatic components, they burn more efficiently in airplane engines. As a result, there are fewer toxic chemical emissions in the immediate area of airports during takeoff and landing. Additionally, aromatic substances are precursors to contrails, which can amplify the effects of climate change. Increased consumer awareness and the growing incorporation of such practices will hereby reduce carbon emissions to a permissible value. The use of Sustainable Aviation Fuel is expected to reduce the skies by making use of SAF (Sustainable Aviation Fuel) since 2016. As of 2021, IATA stated that roughly 100 Million liters of Sustainable Aviation Fuel would have been produced. The increased movement towards green emissions by a value of 80% during an aircraft’s full life cycle. As per IATA, Around 14 billion liters of SAF are in forwarding purchase agreements and over 45 airlines are operational with the SAF as their primary source of fuel. Market Dynamics The United States is noted to be one of the pioneers in the Aircraft Alternative Fuels Market. As per statistics released by the US EPA (Environment Protection Agency), it is noted that aviation GHGs account for a value of 9-12% in the US transportation segment. The recent trends within this market dictate that to establish a comprehensive plan for scaling up new technologies to manufacture SAF on a commercial scale, the U.S. Department of Energy is collaborating with the U.S. Department of Transportation, the U.S. Department of Agriculture, and other federal government departments. Developments The use of alternative fuels for the airplane is poised to improve employment opportunities across a given market. For instance, the use of biomass and crops to generate Sustainable Aviation Fuel will hereby increase direct and indirect employment across the farming value chain. Job creation across industry segments like biorefineries, construction, et al are hereby anticipated to grow owing to the creation of this new market opportunity. Sustainability studies also suggest that biomass crops can reduce erosion and enhance the quantity and quality of water. Additionally, they can boost biodiversity and store carbon in the soil, which has positive effects on both the environment and farms across 5/9

6. the nation. SAF made from wet wastes like sewage sludge and manure lessens the pollution load on watersheds and prevents the atmosphere from being filled with dangerous methane gas, a major cause of climate change. Table of Contents Market Definition Market Segmentation – By Region – By Aircraft Type – By Aircraft Size 10 Year Market Outlook The 10-year market outlook would give a detailed overview of changing dynamics, technology adoption overviews and the overall market attractiveness is covered in this chapter. Market Technologies This segment covers the top 10 technologies that is expected to impact this market and the possible implications these technologies would have on the overall market. Global Market Forecast The 10-year market forecast of this market is covered in detailed across the segments which are mentioned above. Regional Market Trends & Forecast The regional market trends, drivers, restraints and Challenges of this market, the Political, Economic, Social and Technology aspects are covered in this segment. The market forecast and scenario analysis across regions are also covered in detailed in this segment. The last part of the regional analysis includes profiling of the key companies, supplier landscape and company benchmarking. North America – Drivers, Restraints and Challenges – PEST – Market Forecast & Scenario Analysis – Key Companies 6/9

7. – Supplier Tier Landscape – Company Benchmarking Europe Middle East APAC South America Country Analysis This chapter deals with the key defense programs in this market, it also covers the latest news and patents which have been filed in this market. Country level 10 year market forecast and scenario analysis are also covered in this chapter. US – Defense Programs – Latest News – Patents – Current levels of technology maturation in this market – Market Forecast & Scenario Analysis Canada Italy France Germany Netherlands Belgium Spain Sweden Greece Australia South Africa 7/9

8. India China Russia South Korea Japan Malaysia Singapore Brazil Opportunity Matrix The opportunity matrix helps the readers understand the high opportunity segments in this market. Expert Opinions Hear from our experts their opinion of the possible outlook for this market. Conclusions About Aviation and Defense Market Reports Countries Covered US Canada Italy France Germany Netherlands Belgium Spain Sweden Greece 8/9

9. Australia South Africa India China Russia South Korea Japan Malaysia Singapore Brazil Regions Covered North America South America Europe Middle East Asia Segments Covered By Region By Aircraft Type By Aircraft Size 9/9