Biobased Sustainable Aviation Fuel SAF Global Market Siz - District of Columbia - Washington DC ID1547290
Offering about 1 month ago - Other Services - Washington DCn/a
Details
According to the new market research report “Global Bio-based Sustainable Aviation Fuel (SAF) Market Report 2023-2029”, published by QYResearch, the global Bio-based Sustainable Aviation Fuel (SAF) market size is projected to reach USD 12.93 billion by 2029, at a CAGR of 47.4% during the forecast period.
Market Drivers:
1. Global policy advocacy supports energy conservation and emission reduction, and advocates carbon neutrality
2. Regional policy support is increasing, especially in developed countries. And developing countries are also expected to gradually join.
3. More than ten years of exploration in the industry have accumulated rich industry experience and lessons for large-scale production, which can be used as a reference for new entrants today
Challenges：
1. Uncontrollable risks brought by the international environment and disease epidemics bring potential challenges to the industry
2. The investment cycle is long and the risk is high.
3. The collection of raw materials is difficult, and large-scale collection requires more extensive cooperation, but it also means higher costs.
Restraints:
1. The certification process of new technologies and new products is complicated, the cycle is long, and the cost of R&D and promotion is high.
2. The complexity of bio-based raw materials affects product quality control.
3. There is competition for raw materials, so a potential food crisis could affect the SAF industry. And according to the estimates of some countries, such as the United States, the current situation of raw materials is not enough to support ultra-long-term SAF production activities.
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I am Offering Category is Services Type is Other Services Ad placed in Washington DC Phone no: 13051817187 Address: paiming@qy research.c om