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North American Sustainable Aviation Fuel Growth Opportunities, 2024–2030

Publisher Frost & Sullivan
Published Aug 30, 2024
SKU # MC19136559

Description

North American Sustainable Aviation Fuel Growth Opportunities, 2024–2030


Global Decarbonization Efforts and Scalability Concerns are Driving Growth in this High-potential Industry

The highly polluting aviation industry has been increasingly targeted by policies and experts aiming to reduce its environmental impact. Accounting for 2% of global carbon dioxide emissions, the industry has begun its decarbonization process and is seeking to incorporate sustainable aviation fuels (SAF) to offset its emissions. SAF production and implementation can potentially reduce greenhouse gas (GHG) emissions by up to 94%, with percentages varying depending on the production pathway and feedstock. To date, SAF has been used in more than 360,000 commercial flights, with North America and Europe dominating the global industry.

This study analyzes the North American SAF industry from a technological perspective, covering the most relevant production pathways and feedstock, and examines the industry's overall trends and growth rates until the end of the decade. The industry is studied through the lens of Frost & Sullivan’s proprietary 6P Framework that covers the transition from Policies to Platforms.

Some important growth opportunities in the industry include crop insurance, global SAF accounting, and regenerative agriculture projects.

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