Short Description
Asia-Pacific Sustainable Aviation Fuel Market, By Fuel Type (Bio Fuel, Hydrogen Fuel, and Power to Liquid Fuel), Manufacturing Technology (Hydroprocessed Fatty Acid Esters And Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic ISO-Paraffin From Fermented Hydroprocessed Sugar (HFS-SIP), Fischer Tropsch (Ft) Synthetic Paraffinic Kerosene With Aromatics (FT-SPK/A), Alcohol To Jet SPK (ATJ-SPK) and Catalytic Hydrothermolysis Jet (CHJ)), Blending Capacity (Below 30 %, 30 % to 50 % and Above 50%), Blending Platform (Commercial Aviation, Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicle), Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific) Industry Trends and Forecast to 2029
Market Definition
Sustainable aviation fuel is a unique form of fuel designed for use in aircraft and at the same time will increase the performance of aircraft. Sustainable aviation fuels are derived from sustainable feedstock and could be very comparable in their chemistry to standard fossil jet fuel. An increase in the utility of sustainable aviation fuels bring about a reduction in carbon emissions in comparison to the traditional jet fuel because it replaces the lifecycle of the fuel.
The aviation enterprise is willing towards bringing down carbon footprints to obtain a sustainable environment and meet stringent regulatory requirements on emissions. Moreover, enhancing aero-engine performance through layout modifications, hybrid-electric and all-electric powered aircraft, renewable jet fuels, are being adopted by numerous stakeholders of the aviation industry however the adoption of sustainable aviation fuel is taken into consideration the maximum dependable and viable opportunity solutions with respect to socio and economic advantages while in comparison to others, which contributes extensively to mitigating modern and anticipated future environmental impacts of aviation.
Market Segmentation
The sustainable aviation fuel market is segmented on the based on the fuel type, manufacturing technology, blending capacity and blending platform.
On the basis of fuel type, the Asia-Pacific sustainable aviation fuel market is segmented into bio fuel, hydrogen fuel and power to liquid fuel
On the basis of manufacturing technology, the Asia-Pacific sustainable aviation fuel market has been segmented into Hydroprocessed Fatty Acid Esters And Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), Synthetic ISO-Paraffin From Fermented Hydroprocessed Sugar (HFS-SIP), Fischer Tropsch (Ft) Synthetic Paraffinic Kerosene With Aromatics (FT-SPK/A), Alcohol To Jet SPK (ATJ-SPK) and Catalytic Hydrothermolysis Jet (CHJ)
On the basis of blending capacity, the Asia-Pacific sustainable aviation fuel market has been segmented into below 30 %, 30 % to 50 % and above 50%
On the basis of blending platform, the Asia-Pacific sustainable aviation fuel market has been segmented into commercial aviation, military aviation, business & general aviation, and unmanned aerial vehicle
Market Players
Some of the major players operating in the Asia-Pacific sustainable aviation fuel market are:
VELOCYS
Avfuel Corporation
Eni
SASOL
Honeywell International Inc.
Chevron Corporation
TotalEnergies
Exxon Mobil Corporation
Johnson Matthey
Cepsa
Neste
Preem AB.
LanzaTech
BP p.l.c.
TABLE OF CONTENTS
1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.3 OVERVIEW OF THE ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET 19
1.4 CURRENCY AND PRICING 21
1.5 LIMITATIONS 21
1.6 MARKETS COVERED 21
2 MARKET SEGMENTATION 25
2.1 MARKETS COVERED 25
2.2 GEOGRAPHICAL SCOPE 26
2.3 YEARS CONSIDERED FOR THE STUDY 27
2.4 DBMR TRIPOD DATA VALIDATION MODEL 28
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 31
2.6 DBMR MARKET POSITION GRID 32
2.7 VENDOR SHARE ANALYSIS 34
2.8 MULTIVARIATE MODELING 35
2.9 FUEL TYPE TIMELINE CURVE 35
2.10 SECONDARY SOURCES 36
2.11 ASSUMPTIONS 36
3 EXECUTIVE SUMMARY 37
4 PREMIUM INSIGHTS 40
4.1 ANALYSIS OF FUTURE APPLICATIONS 42
4.2 ADVANCING SUSTAINABILITY WITHIN AVIATION 42
4.3 ORGANIZATIONS INVOLVED IN SUSTAINABLE AVIATION FUEL PROGRAMS 42
4.4 RESEARCH & INNOVATION ROADMAP FOR AVIATION HYDROGEN TECHNOLOGY 43
4.5 RECENT SUPPLY CONTRACTS BY SHELL 43
4.6 STANDARDS 44
4.6.1 OVERVIEW 44
4.6.2 INTERNATIONAL CIVIL AVIATION ORGANIZATION (ICAO) 44
4.6.3 INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA) 44
4.6.4 BUREAU OF CIVIL AVIATION SECURITY 44
4.6.5 FEDERAL AVIATION ADMINISTRATION 44
4.6.6 EUROPEAN UNION AVIATION SAFETY AGENCY (EASA) 44
4.6.7 CIVIL AVIATION ADMINISTRATION OF CHINA (CAAC) 44
4.6.8 UAE GENERAL CIVIL AVIATION AUTHORITY (GCAA) 44
4.7 VALUE CHAIN ANALYSIS 45
4.7.1 OVERVIEW OF VALUE CHAIN ANALYSIS OF SUSTAINABLE AVIATION FUEL MARKET 45
4.8 TECHNOLOGY TRENDS 46
4.8.1 OVERVIEW 46
4.8.2 HYDROTHERMAL LIQUEFACTION (HTL) 46
4.8.3 PYROLYSIS PATHWAYS OR PYROLYSIS-TO-JET (PTJ) 46
4.8.4 TECHNOLOGICAL MATURITY - FUEL READINESS LEVEL AND FEEDSTOCK READINESS LEVEL 47
4.9 IMPACT OF MEGATREND 47
4.10 INNOVATION AND PATENT ANALYSIS 47
5 MARKET OVERVIEW 49
5.1 DRIVERS 51
5.1.1 INCREASING NEED FOR REDUCTION IN GHG EMISSIONS IN THE AVIATION INDUSTRY 51
5.1.2 INCREASE IN AIR TRANSPORTATION CONSUMPTION OF SYNTHETIC LUBRICANTS 51
5.1.3 INCREASE IN DEMAND FOR SUSTAINABLE AVIATION FUEL BY AIRLINES 52
5.1.4 INCREASE IN INVESTMENTS FOR THE GROWTH OF COMMERCIAL AIRCRAFTS 53
5.2 RESTRAINTS 54
5.2.1 INADEQUATE AVAILABILITY OF FEEDSTOCK AND REFINERIES TO MEET SUSTAINABLE AVIATION FUEL PRODUCTION DEMAND 54
5.2.2 FLUCTUATIONS IN CRUDE OIL PRICES AND CONTAMINATION OF LUBRICANTS 54
5.3 OPPORTUNITIES 55
5.3.1 REDUCTION IN CARBON FOOTPRINT DUE TO LOW CAPABILITY OF SUSTAINABLE AVIATION FUEL 55
5.3.2 DEVELOPMENT OF ECO-FRIENDLY AND SAFE AVIATION LUBRICANTS 55
5.3.3 RISE IN DEMAND FOR LOW-DENSITY LUBRICANTS FOR REDUCED WEIGHT 56
5.3.4 RISE IN SAFETY REGULATIONS FOR AIRCRAFTS 56
5.4 CHALLENGE 57
5.4.1 THE HIGH COST OF SUSTAINABLE AVIATION FUEL INCREASES THE OPERATING COST OF AIRLINES 57
6 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET, BY FUEL TYPE 58
6.1 OVERVIEW 59
6.2 BIOFUEL 60
6.3 HYDROGEN FUEL 60
6.4 POWER TO LIQUID FUEL 61
7 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET, BY MANUFACTURING TECHNOLOGY 62
7.1 OVERVIEW 63
7.2 HYDROPROCESSED FATTY ACID EASTERS AND FATTY ACIDS - SYNTHETIC PARAFFINIC KEROSENE (HEFA-SPK) 64
7.3 FISCHER TROPSCH SYNTHETIC PARAFFINIC KEROSENE (FT-SPK) 65
7.4 SYNTHETIC ISO-PARAFFIN FROM FERMENTED HYDROPROCESSED SUGAR (HFS-SIP) 65
7.5 FISCHER TROPSCH (FT) SYNTHETIC PARAFFINIC KEROSENE WITH AROMATICS (FT-SPK/A) 66
7.6 ALCOHOL TO JET SPK (ATJ-SPK) 67
7.7 CATALYTIC HYDROTHERMOLYSIS JET (CHJ) 67
8 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET, BY BLENDING CAPACITY 69
8.1 OVERVIEW 70
8.2 BELOW 30% 71
8.3 30% TO 50% 71
8.4 ABOVE 50% 72
9 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET, BY BLENDING PLATFORM 73
9.1 OVERVIEW 74
9.2 COMMERCIAL AVIATION 75
9.2.1 BY TYPE 76
9.2.1.1 NARROW BODY AIRCRAFT 76
9.2.1.2 WIDE-BODY AIRCRAFT (WBA) 76
9.2.1.3 VERY LARGE AIRCRAFT (VLA) 76
9.2.1.4 REGIONAL TRANSPORT AIRCRAFT (RTA) 76
9.2.2 BY FUEL TYPE 77
9.2.2.1 BIOFUEL 77
9.2.2.2 HYDROGEN 77
9.2.2.3 POWER TO LIQUID FUEL 77
9.3 BUSINESS & GENERAL AVIATION 77
9.3.1 BIOFUEL 78
9.3.2 HYDROGEN 78
9.3.3 POWER TO LIQUID FUEL 78
9.4 MILITARY AVIATION 78
9.4.1 BIOFUEL 79
9.4.2 HYDROGEN 79
9.4.3 POWER TO LIQUID FUEL 79
9.5 UNMANNED AERIAL VEHICLE 79
9.5.1 BIOFUEL 80
9.5.2 HYDROGEN 80
9.5.3 POWER TO LIQUID FUEL 80
10 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET, BY REGION 81
10.1 ASIA-PACIFIC 82
10.1.1 CHINA 89
10.1.2 JAPAN 92
10.1.3 SINGAPORE 95
10.1.4 AUSTRALIA 98
10.1.5 INDIA 101
10.1.6 SOUTH KOREA 104
10.1.7 THAILAND 107
10.1.8 MALAYSIA 110
10.1.9 INDONESIA 113
10.1.10 PHILIPPINES 116
10.1.11 REST OF ASIA-PACIFIC 119
11 ASIA PACIFIC SUSTAINABLE AVIATION FUEL MARKET: COMPANY LANDSCAPE 120
11.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 120
12 SWOT ANALYSIS 121
13 COMPANY PROFILES 122
13.1 NESTE 122
13.1.1 COMPANY SNAPSHOT 122
13.1.2 REVENUE ANALYSIS 122
13.1.3 COMPANY SHARE ANALYSIS 123
13.1.4 PRODUCT PORTFOLIO 123
13.1.5 RECENT DEVELOPMENTS 123
13.2 BP P.L.C. 124
13.2.1 COMPANY SNAPSHOT 124
13.2.2 REVENUE ANALYSIS 125
13.2.3 COMPANY SHARE ANALYSIS 125
13.2.4 SERVICE PORTFOLIO 126
13.2.5 RECENT DEVELOPMENTS 126
13.3 PREEM AB. 127
13.3.1 COMPANY SNAPSHOT 127
13.3.2 COMPANY SHARE ANALYSIS 127
13.3.3 PRODUCT PORTFOLIO 128
13.3.4 RECENT DEVELOPMENT 128
13.4 CEPSA 129
13.4.1 COMPANY SNAPSHOT 129
13.4.2 COMPANY SHARE ANALYSIS 129
13.4.3 PRODUCT PORTFOLIO 130
13.4.4 RECENT DEVELOPMENT 130
13.5 CHEVRON CORPORATION 131
13.5.1 COMPANY SNAPSHOT 131
13.5.2 REVENUE ANALYSIS 131
13.5.3 COMPANY SHARE ANALYSIS 132
13.5.4 PRODUCT PORTFOLIO 132
13.5.5 RECENT DEVELOPMENTS 132
13.6 AVFUEL CORPORATION 133
13.6.1 COMPANY SNAPSHOT 133
13.6.2 PRODUCT PORTFOLIO 133
13.6.3 RECENT DEVELOPMENT 133
13.7 ENI 134
13.7.1 COMPANY SNAPSHOT 134
13.7.2 REVENUE ANALYSIS 134
13.7.3 PRODUCT PORTFOLIO 135
13.7.4 RECENT DEVELOPMENTS 135
13.8 EXXON MOBIL CORPORATION 136
13.8.1 COMPANY SNAPSHOT 136
13.8.2 REVENUE ANALYSIS 136
13.8.3 PRODUCT PORTFOLIO 137
13.8.4 RECENT DEVELOPMENTS 137
13.9 FULCRUM BIOENERGY 138
13.9.1 COMPANY SNAPSHOT 138
13.9.2 PRODUCT PORTFOLIO 138
13.9.3 RECENT DEVELOPMENT 138
13.10 GEVO 139
13.10.1 COMPANY SNAPSHOT 139
13.10.2 REVENUE ANALYSIS 139
13.10.3 PRODUCT PORTFOLIO 140
13.10.4 RECENT DEVELOPMENTS 140
13.11 HONEYWELL INTERNATIONAL INC. 141
13.11.1 COMPANY SNAPSHOT 141
13.11.2 REVENUE ANALYSIS 141
13.11.3 PRODUCT PORTFOLIO 142
13.11.4 RECENT DEVELOPMENTS 142
13.12 HYPOINT INC. 143
13.12.1 COMPANY SNAPSHOT 143
13.12.2 PRODUCT PORTFOLIO 143
13.12.3 RECENT DEVELOPMENT 143
13.13 JOHNSON MATTHEY 144
13.13.1 COMPANY SNAPSHOT 144
13.13.2 REVENUE ANALYSIS 144
13.13.3 PRODUCT PORTFOLIO 145
13.13.4 RECENT DEVELOPMENT 145
13.14 LANZATECH 146
13.14.1 COMPANY SNAPSHOT 146
13.14.2 PRODUCT PORTFOLIO 146
13.14.3 RECENT DEVELOPMENT 146
13.15 PROMETHEUS FUELS 147
13.15.1 COMPANY SNAPSHOT 147
13.15.2 PRODUCT PORTFOLIO 147
13.15.3 RECENT DEVELOPMENT 147
13.16 SKYNRG 148
13.16.1 COMPANY SNAPSHOT 148
13.16.2 PRODUCT PORTFOLIO 148
13.16.3 RECENT DEVELOPMENTS 148
13.17 SASOL 150
13.17.1 COMPANY SNAPSHOT 150
13.17.2 REVENUE ANALYSIS 150
13.17.3 PRODUCT PORTFOLIO 151
13.17.4 RECENT DEVELOPMENTS 151
13.18 TOTALENERGIES 152
13.18.1 COMPANY SNAPSHOT 152
13.18.2 REVENUE ANALYSIS 152
13.18.3 PRODUCT PORTFOLIO 153
13.18.4 RECENT DEVELOPMENT 153
13.19 VELOCYS 154
13.19.1 COMPANY SNAPSHOT 154
13.19.2 REVENUE ANALYSIS 154
13.19.3 PRODUCT PORTFOLIO 155
13.19.4 RECENT DEVELOPMENTS 155
13.20 VIRENT, INC. 156
13.20.1 COMPANY SNAPSHOT 156
13.20.2 PRODUCT PORTFOLIO 156
13.20.3 RECENT DEVELOPMENT 156
13.21 WORLD ENERGY 157
13.21.1 COMPANY SNAPSHOT 157
13.21.2 PRODUCT PORTFOLIO 157
13.21.3 RECENT DEVELOPMENT 157
13.22 ZEROAVIA, INC. 158
13.22.1 COMPANY SNAPSHOT 158
13.22.2 PRODUCT PORTFOLIO 158
13.22.3 RECENT DEVELOPMENT 158
14 QUESTIONNAIRE 159
15 RELATED REPORTS 163