Gevo, Inc., a leader in advanced biofuels and renewable chemicals, welcomes India's successful completion of its first commercial passenger flight utilising a blend of locally produced Sustainable Aviation Fuel (SAF). This marks a significant accomplishment in the decarbonization of the aviation sector. Between Pune and New Delhi, AirAsia India flight i5-767 was successfully completed as a result of a blend of indigenous SAF supplied by Indian Oil Corporation Ltd. (IOCL) in collaboration with Praj Industries Ltd. (Praj).
LanzaTech Global, Inc., an innovative carbon capture and utilization company that converts waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products that people use in their daily lives, and LanzaJet, Inc., a leading sustainable fuels technology company, today announced they have been chosen by Air New Zealand and the New Zealand Ministry for Business, Innovation, and Employment (MBIE) to support the second stage of the global transition to sustainable transportation.
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 5070
Published Date: Jun 25, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The major factors driving the growth of the market are the growing tourist traveling all across the world, rising agriculture waste, and the surge in various moments by general people to control pollution.
The market size of urgent care centers is anticipated to attain a CAGR of ~19% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are Gevo Inc., LanzaJet Inc., Hypoint Inc., Suncor Energy Inc., and more.
The alcohol-to-jet fuel market was valued at ~USD 2 Billion.
Different applications that use alcohol-to-jet (ATJ) fuel are commercial aircraft, regional transport aircraft, military aviation, business & general aviation, and unmanned aerial vehicles.
The ethanol segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Mitsui & Co, Ltd. company has a dominant position in the alcohol-to-jet (ATJ) fuel market.
The market in the Europe region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.