Alcohol-to-Jet Market to Grow with a CAGR of 5.19% through 2028

Government regulations mandating the use of sustainable aviation fuels (SAFs) in the aviation industry and increasing investment in SAF production by governments and private companies are likely to drive the market in the forecast period.

According to TechSci Research report, “Alcohol-to-Jet Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Alcohol-to-Jet Market stood at USD 2.08 billion in 2022 and is anticipated to grow with a CAGR of 5.19% in the forecast period.Technological innovations in ATJ production processes play a pivotal role in market growth. Continuous research and development efforts are improving the efficiency and cost-effectiveness of conversion processes, such as Fischer-Tropsch synthesis, used to produce ATJ fuels. These advancements make ATJ fuels increasingly competitive with traditional jet fuels, boosting their adoption.

The global shift towards environmental sustainability and the aviation industry's compliance with stringent emissions regulations are primary drivers of the ATJ market. Traditional aviation fuels, derived from fossil sources, are a significant contributor to greenhouse gas emissions. In response to the urgent need to reduce carbon footprints, airlines and governments worldwide are seeking cleaner alternatives. ATJ fuels, produced from renewable feedstocks like alcohol, offer a viable solution by significantly lowering emissions and helping the aviation industry meet emission reduction targets.

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The Global Alcohol-to-Jet Market is segmented into feedstock, product, technology, application and region. Based on feedstock, The Ethanol segment had the largest market share in 2022 & expected to maintain it in the forecast period. Ethanol has been produced on a large scale for many years, primarily for the beverage and biofuel industries. This well-established infrastructure for ethanol production makes it readily available and cost-effective compared to some other alcohol-based feedstocks like butanol or methanol. Ethanol production facilities are widespread in many countries, providing a stable source of feedstock for ATJ production. Ethanol is highly compatible with existing ATJ production processes, such as the Fischer-Tropsch synthesis. These processes have been developed and optimized over time, making it relatively straightforward to convert ethanol into ATJ fuel. This compatibility simplifies the transition to ATJ production for facilities with experience in ethanol processing. Ethanol can be derived from a variety of renewable feedstock sources, including corn, sugarcane, and cellulosic biomass. This versatility allows producers to choose feedstock sources based on regional availability, crop suitability, and sustainability considerations. The ability to use diverse feedstock sources enhances the resilience of ethanol-based ATJ production. Ethanol production is often cost-competitive, especially when derived from feedstocks like corn and sugarcane. The economies of scale achieved in the ethanol industry contribute to lower production costs, which can make ethanol-based ATJ fuels more economically viable compared to those based on other feedstocks. Ethanol is generally regarded as a more environmentally friendly feedstock compared to some alternatives. It has a lower carbon footprint when derived from sustainable sources, making it an attractive choice for ATJ production in line with the aviation industry's sustainability goals.

Based on technology, The Dehydration segment had the largest market share in 2022 and is projected to experience rapid growth during the forecast period. Dehydration processes have been used extensively in the petrochemical industry for many years. They are well-established and have a proven track record of reliability and efficiency. This maturity gives confidence to ATJ fuel producers and investors that the technology is robust and dependable. Dehydration technology is highly versatile and can be applied to a wide range of alcohol feedstocks, including ethanol, which is one of the most commonly used feedstocks for ATJ production. This versatility allows ATJ producers to choose feedstocks based on factors like availability, cost, and sustainability, without being limited by the choice of technology. Dehydration processes are known for their high efficiency in converting alcohol-based feedstocks into olefins or synthetic hydrocarbons. These intermediates can be further processed into ATJ fuels. The efficiency of the dehydration step minimizes waste and byproducts, contributing to the cost-effectiveness of ATJ production. Dehydration technology can often be integrated into existing infrastructure, making it more practical for retrofitting or upgrading facilities for ATJ production. This compatibility reduces the capital investment required to enter the ATJ market, facilitating its growth.

Major companies operating in the Global Alcohol-to-Jet Market are:

• LanzaTech Global
• Gevo Inc
• SkyNRG BV
• Fulcrum BioEnergy Inc
• Hypoint Inc
• PNNL
• Neste Oyj
• Marquis SAF
• FLITE Consortium
• Mitsui & Co. Ltd

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“The Global Alcohol-to-Jet market is expected to rise in the upcoming years and register a significant CAGR during the forecast period. There is a growing investment in SAF production by governments and private companies in different regions. This is driving the growth of the ATJ fuel market. Also, There is a growing awareness of the environmental benefits of SAFs among airlines and aircraft manufacturers in different regions. This is driving the growth of the ATJ fuel market. Additionally, Government regulations mandating the use of SAFs in the aviation industry are driving the growth of the ATJ fuel market in different regions. For example, the European Union has set a target of blending 5% SAFs in all jet fuel by 2030. Therefore, the market of Alcohol-to-Jet is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Alcohol-to-Jet Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By DWT (PSV below 3000 DWT, PSV above 3000 DWT), By Applications (Oil and Gas Production, Offshore Construction, Military, Others), By Type (Cargo and Support), By fuel, (Diesel, LNG, Electric, Hybrid), By Region, By Competition”, has evaluated the future growth potential of Global Alcohol-to-Jet Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Alcohol-to-Jet Market.

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