Bio Jet Fuel Market Status, industry [2023-2030]
Bio Jet Fuel Market by Type (Nanofibrillated Cellulose, Nanocrystalline Cellulose, Bacterial Nanocellulose), Application (Composites, Paper Processing, Food and Beverages, Paints and Coatings, Personal Care), and Region (North America, Europe, Asia Pacific, South America, Middle East and Africa), Global trends and forecast from 2023 to 2030
Categories: Chemical & Material
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Report Overview
The Global Bio Jet Fuel Market Size was estimated at USD 268174.67 million in 2023 and is projected to reach USD XXX million by 2030, exhibiting a CAGR of 4.20% during the forecast period.
Two glass sheets are joined by a protective interlayer to form Bio Jet Fuel. The major hurricane barrier in impact-resistant windows is laminated glass. The windscreens of autos also employ laminated glass.
In 2022, the Asia Pacific region had the largest market for biojet fuel. Due to expanding infrastructural development, increased vehicle manufacturing, and rising solar panel installations in both nations, India and China are significant markets for biojet fuel.
This study offers a thorough analysis of the global bio jet fuel industry, covering all relevant areas. This includes everything from a broad market overview to specifics on the market's size, competitive landscape, development trend, niche market, important market drivers and obstacles, and SWOT analysis.
Recent Development:
• In August 2022, British Petroleum introduced a next-generation new model all-electric refueller for customers lifting Jet A-1 at Brisbane Airport (Australia). The refueller can carry approximately 16,000 liters of fuel and has been designed to operate for a full day with overnight charging.
• In June 2022, Shell announced the launch of Avelia, one of the world’s first blockchain-powered digital sustainable aviation fuel (SAF) book-and-claim solutions for business travel. It is one of the largest SAF book-and-claim solutions that can offer around 1 million gallons of SAF.
• In June 2022, Exxon Mobil Corporation and Qatar Energy signed an agreement to develop Qatar’s North Field East project, which will expand Qatar’s annual liquified natural gas (LNG) capacity from 77 million tons to 110 million tons by 2026.
• In May 2022, Chevron Corporation partnered with Pertamina to explore potential lower carbon business opportunities in Indonesia.
Competitive Landscape and Bio Jet Fuel Market Share Analysis
Competitive landscape of Bio Jet Fuel market provides details by competitors. Details included include company overview, company finances, revenue, market potential, R&D investments, new market initiatives, global footprint, manufacturing locations and facilities, manufacturing capabilities, company strengths and weaknesses, It includes product launches, product Width and breadth, and application advantages. The above data points are solely related to the company's focus on the Bio Jet Fuel market.
What's New for 2022?
• Global competitiveness and market share of key competitors
• Market presence in multiple regions – strong/active/niche/minor
Interactive online peer-to-peer collaborative custom updates
• Access to digital archives and research platforms
• 1 year of free updates
Key questions answered in this research report:
At what pace is Bio Jet Fuel market growing? What will be the growth trend in the future?
What are the key drivers and restraints in Bio Jet Fuel market? What will be the impact of drivers and restraints in the future?
What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the Bio Jet Fuel market?
Which product generated maximum revenues in 2022 and identify the most promising product during the forecast period?
What is the various end-user of Bio Jet Fuel market and how they are poised to grow?
What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Bio Jet Fuel Scope:
|
Report Data |
Bio Jet Fuel |
|
Bio Jet Fuel Forecast 2024 |
XX million/billion (2024-2030) |
|
Bio Jet Fuel CAGR 2024 - 2030 |
4.20% |
|
Bio Jet Fuel Analysis Period |
2024 - 2030 |
|
Bio Jet Fuel Base Year |
2023 |
|
Bio Jet Fuel Forecast Data |
2024 - 2030 |
|
Segments Covered |
By Type, By Application, And by Regions |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
|
Key Companies Profiled |
Red Rock Biofuels, Honeywell International, Virent, Fulcrum BioEnergy, Neste Oil, AltAir Paramount, Preston, SkyNRG, Vega Biofuels, GEVO, Targray Technology International, Petrosun, Shirke Energy, Archer Daniels Midland, KFS Biodiesel, Argent Energy. |
|
Key Segments |
By Type Hydrogenated Vegetable Oil (HVO) By Applications Commercial |
|
Report Coverage |
Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
Frequently Asked Questions
What is the future market value of the Bio Jet Fuel?
The current market value for Bio Jet Fuel is expected USD XX million/billion by 2023.
What is the CAGR of the Market?
The Bio Jet Fuel is to grow at a CAGR of 4.20% during the forecast by 2030.
What is the Market segment?
On the basis of type, the Bio Jet Fuel is segmented into Hydrogenated Vegetable Oil (HVO)
Fischer Tropsch (FT)
Other.
Who are the key players operating in the Bio Jet Fuel?
The major players operating in the Bio Jet Fuel are Red Rock Biofuels, Honeywell International, Virent, Fulcrum BioEnergy, Neste Oil, AltAir Paramount, Preston, SkyNRG, Vega Biofuels, GEVO, Targray Technology International, Petrosun, Shirke Energy, Archer Daniels Midland, KFS Biodiesel, Argent Energy.
Base Year:
Historical Data:
No of Pages:122
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