Frequently Asked Questions
The global Ethanol to jet fuel etc processing technology was valued at USD XX billion in 2022.
The Ethanol to jet fuel etc processing technology is expected to grow at a CAGR of XX% between 2023 and 2030, reaching USD XX Billion in 2030.
Sugar cane is the leading segment by material, holding about two-thirds share in terms of value in 2022.
Commercial Aviation segment governs the demand for Ethanol to jet fuel etc processing technology market in the world.
The Corn segment is expected to post the highest CAGR during the forecast period.
Europe is fueling the growth of the Ethanol to jet fuel etc processing technology market industry, with over a three-fifths share in 2022.
The top players include Honeywell, AltAir Fuels, Amyris Inc., Biojet Fuel Corporation, Biothermica S.A., Fulcrum BioEnergy Inc., Gevo Inc., Ginkgo BioWorks, Infinity Clean Energy LLC, and others.
The increasing demand for sustainable aviation fuels (SAF) due to environmental concerns and regulations & advancements in ETJ technology, such as improved conversion efficiency and cost-effectiveness are the major market drivers.
Limited availability of feedstock, particularly Ethanol, that hinders the scalability of ETJ production & high capital and operational costs associated with ETJ processing technology are the major market restraints.
Increasing focus on decarbonization and the transition towards sustainable aviation fuels (SAF) create a favorable environment for ETJ technology adoption & potential utilization of diverse feedstock sources, such as agricultural waste and lignocellulosic biomass are major market opportunities.