Results for tag: "Aviation Biofuels"

The Aviation Biofuels market within the Commercial Aerospace sector is a rapidly growing industry. It is driven by the need to reduce emissions and increase sustainability in the aviation industry. Biofuels are derived from renewable sources such as vegetable oils, animal fats, and algae, and are blended with traditional jet fuel to reduce emissions. The use of biofuels in aviation has been shown to reduce carbon dioxide emissions by up to 80%. The Aviation Biofuels market is supported by various government initiatives and regulations, such as the European Union's Renewable Energy Directive, which requires airlines to use a certain percentage of biofuels in their operations. Additionally, the International Air Transport Association (IATA) has set a goal of achieving carbon-neutral growth by 2020. The Aviation Biofuels market is highly competitive, with many companies offering a variety of products and services. Some of the major players in the market include Neste, SkyNRG, Gevo, and AltAir Fuels. Show Less Read more