Global Alcohol to Jet Market Analysis and Forecast 2019-2030

The global alcohol to jet market is expected to grow at a CAGR of around 13% during the forecast period of 2023-2030 and is estimated at US$ 1.2 billion in 2023.

Major variables affecting the alcohol-to-jet (ATJ) market include the pursuit of net-zero emission targets and the growing awareness of climate change. ATJ is a sustainable aviation fuel (SAF) made from renewable resources including agricultural waste, repurposed crops, or agricultural residues. The demand for alternative aviation fuels like alcohol to jet has increased as the aviation industry works to lessen its impact on the environment and move towards more sustainable practices.

A sizable portion of the world’s carbon emissions are caused by the aviation sector. Reduced greenhouse gas emissions from airline operations are urgently needed as concerns about climate change intensify. Alcohol to jet, a low-carbon or even carbon-neutral fuel, could help reduce aviation’s carbon footprint.

Rise in Adoption of Alcohol to Jet Fuel Along with Stringent Regulations

The demand for and use of sustainable aviation fuels (SAFs), such as ATJ, is influenced by both the increasing use of alcohol to jet (ATJ) fuel and strict regulations. As pressure mounts on the aviation sector to address climate change and lower its carbon footprint.

The aviation industry is a substantial source of greenhouse gas emissions, principally carbon dioxide. The necessity to reduce the industry’s carbon emissions in order to lessen its influence on climate change is what motivates the implementation of ATJ and other SAFs. A number of causes, including efforts to combat climate change, the demand for renewable and sustainable alternatives, technological breakthroughs, regulatory support, and industry-wide cooperation, have contributed to the rise in the use of alcohol for jet fuel (ATJ). The adoption of cleaner and more sustainable fuels like alcohol to jet by the aviation industry, which eventually aids in efforts to battle climate change and create a more environmentally conscious aviation industry, depends critically on stringent regulations.

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North America Significantly Drives Global Alcohol to Jet Market Growth

The global alcohol to jet adoption has been in the vanguard of SAF adoption in North America, particularly in the US. In addition, the US government has financed SAF and biofuel research and development, which has aided in the expansion of alcohol to jet efforts. Alcohol to jet experiments and demonstrations have been driven by collaboration between airlines, fuel companies, and research institutes.

European nations’ strict emissions reduction targets have resulted in laws and rules favorable to the implementation of SAF, especially alcohol to jet. To the advantage of alcohol to jet initiatives, SAF development has received both public and private funding. European aviation stakeholders are actively involved in initiatives for Sustainable Aviation, which is driving up demand for alcohol to jet.

Market Structure and Competitive Landscape

The global alcohol to jet market is fragmented in nature with the presence of various players operating in the market. Some of the prominent players operating in the alcohol to jet market include Gevo Inc., LanzaJet Inc, Hypoint Inc, Suncor Energy Inc, Cosmo Oil Co. Ltd., PNNL, FLITE Consortium, Marquis ASF, SkyNRG, Neste oyj, and Mitsui & Co., Ltd, among others.

Key Market Segmentation

RationalStat has segmented the global alcohol to jet market based on feedstock, product, process, technology, application and region.

• By Feedstock
  • Ethanol
  • N-butanol
  • Iso-butanol
  • Methanol
• By Product
  • Jet Fuel
  • Isooctane
• By Process
  • GTL/FT Process
  • HEFA Process
• By Technology
  • Dehydration
  • Oligomerization
  • Hydrogenation
• By Application
  • Commercial Aircraft
  • Regional Transport Aircraft
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicles
• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Rest of the Middle East & Africa

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid database including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs.

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The report is intended for manufacturers, raw material suppliers, third-party distributors, construction industry players, government organizations, research institutes, educational organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.

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