Catalytic Hydrothermolysis Jet (CHJ) Fuel Market Size & Share, by Feedstock (Carinata Oil, Soybean Oil, Grease, Canola Oil); Application (Commercial Aviation, Military Aviation) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5571
  • Published Date: Jan 24, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Catalytic Hydrothermolysis Jet Fuel Market size is expected to reach USD 10 Million by the end of 2036, growing at a CAGR of 24% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of CHJ fuel crossed around USD 2 Million. Increasing demand for the transformation of energy infrastructure will primarily drive the CHJ fuel market by the end of 2036. Annual utilization of some 1,000 GW of sustainable power must remain on a 1.5°C pathway. In 2022, some 300 GW of sustainable energies were added internationally, attributing to 83% of new capability compared to a 17% share united for fossil fuel and nuclear additions. The volume and percentage of renewables required to increase significantly are both technically possible and economically workable.

Another reason that will drive the catalytic hydrothermolysis jet (CHJ) fuel market is the increasing use of catalytic hydrothermolysis jet (CHJ) fuel in commercial and military aviation. The International Energy Agency's (IEA) Sustainable Development Scenario (SDS) forecasts biofuels touching roughly 10 % of aviation fuel requirement by 2030, increasing to approximately 20 % by 2040.  In the coming future, modern aviation will possibly depend on an amalgamation of conventionally taken hydrocarbon fuels from petroleum crude and SAF, which makes recognizing sustainable resources and techniques to alternate or change traditional aviation fuel important in the objective of accomplishing a renewable aviation industry. Jet fuel is an intricate mixture of hydrocarbons, specifically paraffin, olefins, naphthene, and aromatics. Generating fuel with similar properties from sources like biomass, lipids, and FOGs (fats, oils, and grease) has advanced to pilot-scale generation facilities. The generation of diesel similar fuel from vegetable oil has been well researched and has shown itself to be commercially feasible, mainly with green fuel subsidies. Very little SAF is commercially accessible.


Catalytic Hydrothermolysis Jet Fuel Market
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Catalytic Hydrothermolysis Jet (CHJ) Fuel Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

∼24%

Base Year Market Size (2023)

~USD 2 Million

Forecast Year Market Size (2036)

~USD 10 Million

Regional Scope

  • Europe (Germany, Spain, UK, France, Italy, Russia, Others)
  • North America (North America, Canada, Mexico)
  • Asia Pacific (Japan, China, India, Australia, Others)
  • Middle East and Africa (South Africa, UAE, Others)
  • Latin America (Brazil, Argentina, Others)
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CHJ Fuel Market: Growth Factors and Challenges

Market-Growth-Drivers

Growth Factors

  • Increasing Scopes of Producing Biofuels - Significant signs of progress have been made in the modification of crop yield, in the comprehension of the main standards that require to be matched for renewable generation, which crops best match these standards, the conversion required to modify renewability further, and the influence of climate changes on efficiency. Almost all of the 100 billion liters of biofuels utilized now comprise ethanol and biodiesel generated by implementing maize, sugarcane, rapeseed, and soybean that were grown utilizing amplification and thus require very little additional land, approximately 13.5 Mha. These crops have been excluded for decades to accomplish their recent high yields. Maize crops are 72.8 GJ/ha and sugarcane yields 156.8 GJ/ha (3900 L/ha and 7200 L/ha ethanol individually). They appear appearing eternal crops and woody feedstocks that may be expanded on marginal land, i.e. land inappropriate to cultivable crop generation or semi-arid land could enable large substitutes of fossil fuels.
  • Cost-Effective Fuel Option -Transforming affordable wet organic and municipal solid trash into sustainable aviation fuel (SAF) shows an instant scope to assist in decarbonizing the aviation sector. The influence of fuel credits on plant locations, scales, and execution is examined by differing the aim jet fuel price from a baseline 5-year average of USD 1.97 per gasoline gallon similar (GGE) to a RIN credit-adjusted focus of USD 2.70/GGE. Total feedstock use and SAF output are outlined nationally, by state, and by closeness to existing jet fuel storage and major airports.
  • Advanced Techniques to Convert Feedstock into Fuels -The CH is a unified technique that comprises preconditioning, catalytic hydrothermolysis transformation, and post-refining as major technique steps along with auxiliary techniques like anaerobic fermentation for generating hydrogen, volatile acids, and alcohols from possible feedstocks. The Preconditioning technique comprises conjugation, cyclization, and cross-connecting responses to change the fatty acid backbones of triglycerides and is planned to modify the biofuel molecular framework and the complete technique's effectiveness. The provisioned oil is fed into a critical hydrothermal reactor, where a huge amount of reactions comprising cracking, hydrolysis, decarboxylation, dehydration, isomerization, recombination, and/or aromatization happen.

Challenges

  • Instability of Catalytic Hydrothermolysis Jet (CHJ) Fuel -Jet fuel unsteadiness comprises multi-step chemical responses, some of which are corrosion reactions. Hydroperoxides and colors are the beginning reaction materials. These products stay charged particles in the fuel but may onslaught and lessen the life of some fuel system elastomers. Extra reactions result in the creation of unfathomable gums and unsolvable grains. These materials may clog fuel filters and apply to the surfaces of aircraft fuel systems, constraining flow in small-diameter passageways, and it can be a problem at small airports that don’t utilize plenty of fuel. Jet fuel that has been perfectly manufactured, kept, and tackled should stay stable for at least one year. Jet fuel affected by longer storage or inappropriate storage or tackling should be tested to make sure it matches all appropriate specification needs before implementation.
  • Jet Fuel Can Be Dangerous If Not Tackled Exactly
  • Shortage of Skilled Technicians


Catalytic Hydrothermolysis Jet Fuel Segmentation

Feedstock (Carinata Oil, Soybean Oil, Grease, Canola Oil)

The carinata oil segment in the catalytic hydrothermolysis jet fuel market is expected to hold 45% of the revenue share by 2036. This increase will be noticed due to the increasing consumption of carinata oil to create catalytic hydrothermolysis jet (CHJ) fuel. A winter crop, carinata can fulfill existing cropping systems in the southeastern US; if carinata is along with these systems, the region’s over 12 million acres of winter unproductive could clarify to over 2.4 billion gallons of sustainable fuel yearly. This enables economic and environmental renewability and alteration without negatively influencing existing food and fiber generation in the Southeast. Carinata oil has an exceptional fatty acid profile, comprising high contents of erucic and linolenic acid in the extricated oil, making it applicable for the generation of drop-in renewable aviation fuel. Ethiopian mustard has been expanded on the Canadian prairie, in the southeastern US, and in the US Northern Plains. It has recently expanded commercially in Argentina and is slated for reestablishment in the southeastern US.

Application (Commercial Aviation, Military Aviation)

The commercial aviation segment in the catalytic hydrothermolysis jet (CHJ) fuel market is projected to hold the highest revenue share by the end of 2036 and the revenue share will be almost 78%. This growth can be noticed due to the increasing consumption of catalytic hydrothermolysis jet (CHJ) fuel in the commercial aviation sectors across the world. 65% of medium and long-haul flights will be fueled by ‘sustainable’ aviation fuels (biofuels), and 13% of short-haul flights are fueled by electric planes or hydrogen by 2050. The need for commercial aircraft aftermarket will also help the catalytic hydrothermolysis jet (CHJ) fuel market to grow.

Our in-depth analysis of the global catalytic hydrothermolysis jet (CHJ) fuel market includes the following segments:

           Feedstock

  • Carinata Oil
  • Soybean Oil
  • Grease
  • Canola Oil

           Application

  • Commercial Aviation
  • Military Aviation

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Catalytic Hydrothermolysis Jet Fuel Industry - Regional Synopsis

European Market Analysis

The catalytic hydrothermolysis jet (CHJ) fuel market in the European region will increase the most and will have the biggest revenue share of about 57%. This growth will be noticed primarily because of the European government’s initiatives and the use of new rules to use catalytic hydrothermolysis jet (CHJ) fuel. The Commission in Europe accepted in June 2023 new rules setting up the share of biofuels and biogas in blended fuels, co-processed implementing bio-depended and fossil-depended raw components, and that can count towards the Renewable Energy Directive focus for renewables in transport. The Renewable Energy Directive (RED II) confirms that 32% of all energy implementation in the EU, comprising at least 14% of all energy in road and rail transfer fuels, be generated from renewable energy sources (RES) by 2030. In 2021, the European Commission intended modifications to RED II as a part of the Fit for 55 Legislative bundle. Their suggestions ask to transfer the 14% RES focus in transportation to a greenhouse gas severity limitation aim of 13%, better balancing it with the EU’s 2030 climate objectives.

North American Market

The catalytic hydrothermolysis jet (CHJ) fuel market in the North America region will increase massively and will hold the second position due to the increasing use of US catalytic hydrothermolysis jet (CHJ) fuel in the energy industry. The US Energy Information Administration anticipates a rise in jet fuel requirement from 3.11 at present to 4.43 quads by 2050. U.S. jet fuel utilization is highly focused, with the five biggest airports each implementing more than 3.785 billion liters (1 billion U.S. gallons) yearly, and the ten biggest airports by fuel utilization showing 50% of total national jet fuel usage. Persistent dependence on hydrocarbon jet fuel, as other sectors decarbonize, could raise aviation’s delivery to the international CO2 emissions to 20% by 2050. In the United States (U.S.), the world’s biggest aviation market, mixed aviation traffic (i.e., commercial, military, passenger, and cargo) utilizes roughly 83 billion liters (22 billion U.S. gallons) of jet fuel yearly, which contributes to 10% of 2019 domestic transportation greenhouse gas (GHG) secretions and 3% of total domestic GHG Secretions.

Research Nester
Catalytic Hydrothermolysis Jet Fuel Market Size
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Companies Dominating the Catalytic Hydrothermolysis Jet (CHJ) Fuel Market

top-features-companies
    • McDermott
      • Company Overview
      • Business Planning
      • Main Product Offerings
      • Financial Execution
      • Main Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Chevron Lummus
    • SkyNRG
    • World Energy
    • SAF+ Consortium
    • SG Preston Company
    • Avfuel Corporation
    • Sundrop Fuels Inc.
    • Red Rock Biofuels
    • Euglena Co., Ltd.

In-the-news

In The News

TenneT, Hitachi Energy/Petrofac, top delegates of the transmission system operator collaboration, and the three consortium associations GE/Sembcorp (SMOP), GE/McDermott, and Siemens Energy/Dragados officially contracted the contracts in Berlin to seal Europe’s biggest-ever tender award for energy transition infrastructure. The total volume of the contracts for the materials of the 14 systems amounts to roughly €30 billion. The outcome will be a transmitting potential of offshore wind energy in the German and Dutch North Sea that will produce as much electricity as 28 large-scale power plants.

Lummus Global (CLG), lummus Technology’s Green Circle and Chevron declared the unification of multiple technologies from their portfolios for usage in the circular economy. The partners will utilize an amalgamation of the Lummus New Hope Energy plastic pyrolysis technology, CLG’s ISOCONVERSION technology, and Lummus’ steam cracking technology to give operators the skill to generate steam cracker products in large quantities from hydroprocessed mixed-trash plastic pyrolysis oil.

 


Author Credits:  Payel Roy, Dhruv Bhatia


  • Report ID: 5571
  • Published Date: Jan 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The increasing use of catalytic hydrothermolysis jet (CHJ) fuel in commercial aviation across the world will majorly drive the market growth of the catalytic hydrothermolysis jet (CHJ) fuel market.

The market size of the wireline logging services market is expected to get a CAGR of approximately 24% over the forecast period, i.e., 2024-2036.

The major players in the market are McDermott, Chevron Lummus, SkyNRG, World Energy, SAF+ Consortium, SG Preston Company, Avfuel Corporation, Sundrop Fuels Inc., Red Rock Biofuels, Euglena Co., Ltd., JAPAN BIOFUELS SUPPLY LLP, Nippon Yusen Kabushiki Kaisha, Idemitsu Kosan Co., Ltd.

The carinata oil segment is anticipated to reap the largest market size with almost 45% by the end of 2036 and demonstrate substantial growth scopes.

The market in the European region is expected to have the largest market share by the end of 2036 and provide more business opportunities in the future.
Catalytic Hydrothermolysis Jet Fuel Market Report Scope
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