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.
The latest research study released by Market IntelliX evaluates 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.
MI 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.
Market Segmentations:
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 (%)
The report presents profiles of competitors in the market, Some of the prominent key players covered:
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
Key Takeaways from this Report
Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market – key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance – market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
1 Introduction to Research & Analysis Reports
1.1 Aviation Biofuels Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Aviation Biofuels Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Aviation Biofuels Overall Market Size
2.1 Global Aviation Biofuels Market Size: 2021 VS 2028
2.2 Global Aviation Biofuels Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Aviation Biofuels Sales: 2017-2028
3 Company Landscape
3.1 Top Aviation Biofuels Players in Global Market
3.2 Top Global Aviation Biofuels Companies Ranked by Revenue
3.3 Global Aviation Biofuels Revenue by Companies
3.4 Global Aviation Biofuels Sales by Companies
3.5 Global Aviation Biofuels Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Aviation Biofuels Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Aviation Biofuels Product Type
3.8 Tier 1, Tier 2 and Tier 3 Aviation Biofuels Players in Global Market
3.8.1 List of Global Tier 1 Aviation Biofuels Companies
3.8.2 List of Global Tier 2 and Tier 3 Aviation Biofuels Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Aviation Biofuels Market Size Markets, 2021 & 2028
4.1.2 Hydrogenated Vegetable Oil (HVO)
4.1.3 Fischer-Tropsch (FT)
4.2 By Type - Global Aviation Biofuels Revenue & Forecasts
4.2.1 By Type - Global Aviation Biofuels Revenue, 2017-2022
4.2.2 By Type - Global Aviation Biofuels Revenue, 2023-2028
4.2.3 By Type - Global Aviation Biofuels Revenue Market Share, 2017-2028
4.3 By Type - Global Aviation Biofuels Sales & Forecasts
4.3.1 By Type - Global Aviation Biofuels Sales, 2017-2022
4.3.2 By Type - Global Aviation Biofuels Sales, 2023-2028
4.3.3 By Type - Global Aviation Biofuels Sales Market Share, 2017-2028
4.4 By Type - Global Aviation Biofuels Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Aviation Biofuels Market Size, 2021 & 2028
5.1.2 Military Aviation
5.1.3 Commercial Aviation
5.2 By Application - Global Aviation Biofuels Revenue & Forecasts
5.2.1 By Application - Global Aviation Biofuels Revenue, 2017-2022
5.2.2 By Application - Global Aviation Biofuels Revenue, 2023-2028
5.2.3 By Application - Global Aviation Biofuels Revenue Market Share, 2017-2028
5.3 By Application - Global Aviation Biofuels Sales & Forecasts
5.3.1 By Application - Global Aviation Biofuels Sales, 2017-2022
5.3.2 By Application - Global Aviation Biofuels Sales, 2023-2028
5.3.3 By Application - Global Aviation Biofuels Sales Market Share, 2017-2028
5.4 By Application - Global Aviation Biofuels Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Aviation Biofuels Market Size, 2021 & 2028
6.2 By Region - Global Aviation Biofuels Revenue & Forecasts
6.2.1 By Region - Global Aviation Biofuels Revenue, 2017-2022
6.2.2 By Region - Global Aviation Biofuels Revenue, 2023-2028
6.2.3 By Region - Global Aviation Biofuels Revenue Market Share, 2017-2028
6.3 By Region - Global Aviation Biofuels Sales & Forecasts
6.3.1 By Region - Global Aviation Biofuels Sales, 2017-2022
6.3.2 By Region - Global Aviation Biofuels Sales, 2023-2028
6.3.3 By Region - Global Aviation Biofuels Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Aviation Biofuels Revenue, 2017-2028
6.4.2 By Country - North America Aviation Biofuels Sales, 2017-2028
6.4.3 US Aviation Biofuels Market Size, 2017-2028
6.4.4 Canada Aviation Biofuels Market Size, 2017-2028
6.4.5 Mexico Aviation Biofuels Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Aviation Biofuels Revenue, 2017-2028
6.5.2 By Country - Europe Aviation Biofuels Sales, 2017-2028
6.5.3 Germany Aviation Biofuels Market Size, 2017-2028
6.5.4 France Aviation Biofuels Market Size, 2017-2028
6.5.5 U.K. Aviation Biofuels Market Size, 2017-2028
6.5.6 Italy Aviation Biofuels Market Size, 2017-2028
6.5.7 Russia Aviation Biofuels Market Size, 2017-2028
6.5.8 Nordic Countries Aviation Biofuels Market Size, 2017-2028
6.5.9 Benelux Aviation Biofuels Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Aviation Biofuels Revenue, 2017-2028
6.6.2 By Region - Asia Aviation Biofuels Sales, 2017-2028
6.6.3 China Aviation Biofuels Market Size, 2017-2028
6.6.4 Japan Aviation Biofuels Market Size, 2017-2028
6.6.5 South Korea Aviation Biofuels Market Size, 2017-2028
6.6.6 Southeast Asia Aviation Biofuels Market Size, 2017-2028
6.6.7 India Aviation Biofuels Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Aviation Biofuels Revenue, 2017-2028
6.7.2 By Country - South America Aviation Biofuels Sales, 2017-2028
6.7.3 Brazil Aviation Biofuels Market Size, 2017-2028
6.7.4 Argentina Aviation Biofuels Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Aviation Biofuels Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Aviation Biofuels Sales, 2017-2028
6.8.3 Turkey Aviation Biofuels Market Size, 2017-2028
6.8.4 Israel Aviation Biofuels Market Size, 2017-2028
6.8.5 Saudi Arabia Aviation Biofuels Market Size, 2017-2028
6.8.6 UAE Aviation Biofuels Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Red Rock Biofuels
7.1.1 Red Rock Biofuels Corporate Summary
7.1.2 Red Rock Biofuels Business Overview
7.1.3 Red Rock Biofuels Aviation Biofuels Major Product Offerings
7.1.4 Red Rock Biofuels Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.1.5 Red Rock Biofuels Key News
7.2 Vega Biofuels
7.2.1 Vega Biofuels Corporate Summary
7.2.2 Vega Biofuels Business Overview
7.2.3 Vega Biofuels Aviation Biofuels Major Product Offerings
7.2.4 Vega Biofuels Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.2.5 Vega Biofuels Key News
7.3 GEVO
7.3.1 GEVO Corporate Summary
7.3.2 GEVO Business Overview
7.3.3 GEVO Aviation Biofuels Major Product Offerings
7.3.4 GEVO Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.3.5 GEVO Key News
7.4 PetroSun Inc.
7.4.1 PetroSun Inc. Corporate Summary
7.4.2 PetroSun Inc. Business Overview
7.4.3 PetroSun Inc. Aviation Biofuels Major Product Offerings
7.4.4 PetroSun Inc. Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.4.5 PetroSun Inc. Key News
7.5 Archer Daniels Midland Company
7.5.1 Archer Daniels Midland Company Corporate Summary
7.5.2 Archer Daniels Midland Company Business Overview
7.5.3 Archer Daniels Midland Company Aviation Biofuels Major Product Offerings
7.5.4 Archer Daniels Midland Company Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.5.5 Archer Daniels Midland Company Key News
7.6 Honeywell International Inc.
7.6.1 Honeywell International Inc. Corporate Summary
7.6.2 Honeywell International Inc. Business Overview
7.6.3 Honeywell International Inc. Aviation Biofuels Major Product Offerings
7.6.4 Honeywell International Inc. Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.6.5 Honeywell International Inc. Key News
7.7 Targray Technology International Inc.
7.7.1 Targray Technology International Inc. Corporate Summary
7.7.2 Targray Technology International Inc. Business Overview
7.7.3 Targray Technology International Inc. Aviation Biofuels Major Product Offerings
7.7.4 Targray Technology International Inc. Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.7.5 Targray Technology International Inc. Key News
7.8 Argent Energy
7.8.1 Argent Energy Corporate Summary
7.8.2 Argent Energy Business Overview
7.8.3 Argent Energy Aviation Biofuels Major Product Offerings
7.8.4 Argent Energy Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.8.5 Argent Energy Key News
7.9 KFS Biodiesel GmbH & Co. KG
7.9.1 KFS Biodiesel GmbH & Co. KG Corporate Summary
7.9.2 KFS Biodiesel GmbH & Co. KG Business Overview
7.9.3 KFS Biodiesel GmbH & Co. KG Aviation Biofuels Major Product Offerings
7.9.4 KFS Biodiesel GmbH & Co. KG Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.9.5 KFS Biodiesel GmbH & Co. KG Key News
7.10 Shirke Energy
7.10.1 Shirke Energy Corporate Summary
7.10.2 Shirke Energy Business Overview
7.10.3 Shirke Energy Aviation Biofuels Major Product Offerings
7.10.4 Shirke Energy Aviation Biofuels Sales and Revenue in Global (2017-2022)
7.10.5 Shirke Energy Key News
8 Global Aviation Biofuels Production Capacity, Analysis
8.1 Global Aviation Biofuels Production Capacity, 2017-2028
8.2 Aviation Biofuels Production Capacity of Key Manufacturers in Global Market
8.3 Global Aviation Biofuels Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Aviation Biofuels Supply Chain Analysis
10.1 Aviation Biofuels Industry Value Chain
10.2 Aviation Biofuels Upstream Market
10.3 Aviation Biofuels Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Aviation Biofuels Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
|
|
Influencing Factors |
|
|
Market Forecast (2021-2026) |
|
|
Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
|
|
Market Position of Top Company |
|
|
Qualitative Analysis |
|
|
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
|
|
Total Market |
|
|