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市場調查報告書
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1546292

印度永續航空燃料(SAF)市場評估:依燃料類型、依技術、依應用、依地區、機會、預測(FY2024-FY2033F)

India Sustainable Aviation Fuel Market Assessment, By Fuel type, By Technology, By Application, By Region, Opportunities and Forecast, FY2024-FY2033F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 123 Pages | 商品交期: 3-5個工作天內

價格

印度的永續航空燃料(SAF)市場擁有每年可生產 1,900萬至 2,400萬噸 SAF 的原料,假設 SAF 混合目標為 5%,印度每年將生產 1,900萬至 2,400萬噸 SAF。升SAF。印度作為世界第三大航空市場,由於收入水準的提高、廉價航空公司的出現以及 UDAN(Ude Desh Ka Aam Naagrik)政策等鼓勵性政府計劃,印度航空業呈現出令人矚目的成長。這一成長得到了 NABH(The Nextgen Airports for Bharat Nirman)計劃的支持,該計劃的目標是到2028年大幅增加機場容量,以每年容納 10億人次的出行。2005年至2018年間,印度航空業的排放量增加了2.5倍,顯示該產業在該國溫室氣體排放中發揮重要作用。由於輻射強迫等因素,飛機排放對全球的影響預計是現有預測的兩到四倍。預計到2030年,航空業的溫室氣體排放量將增加3.6-3.8倍,2050年將增加至14倍。

在印度,航空排放量的年複合成長率為 7.34%。鑑於這些問題,印度的永續航空燃料(SAF)市場成為人們關注的焦點。 SAF 是一種永續資源,是傳統航空渦輪燃料(ATF)的有競爭力的替代品,具有減少溫室氣體排放和航空業環境足跡的潛力。隨著國家航空市場的持續成長,將 SAF 納入燃料組合為航空業平衡成長和永續性提供了重要機會。這項變化有助於管理世界上成長最快的航空市場之一的環境影響,有利於經濟發展和氣候變遷目標。

政府對永續發展的關注影響市場成長

印度政府The National Biofuel Coordination Committee(NBCC)加緊努力促進航空業的永續發展。 NBCC 宣布了傳統航空渦輪燃料和永續航空燃料(SAF)混合比例的第一個目標。國際航班的首要目標是到2027年實現 SAF 達到 1%,到2028年達到 2%。International Civil Aviation Organization(ICAO)的Carbon Offsetting and Reduction Scheme for International Aviation(CORSIA)要求全球航空公司從2027年開始抵銷排放量的增加;與 ATF 相比,SAF 的碳足跡顯著降低,因為它是由再生原料製成的。

隨著政府轉向 SAF 混合,印度的CORSIA 合規性和飛機排放預計將受益。私營部門的參與非常重要。 SAF 製造工廠將與技術供應商合作建立,其中包括Indian Oil Corporation(IOC)和Mangalore Refinery and Petrochemicals等領先公司。它以廢食用油和非食用油為原料生產,採用類似將酒精轉化為航空燃油的路線。由於顯著的環境和農業效益,政府計劃將 SAF 混合物的含量增加到 4-5%。

例如,2023年5月,石油部長哈迪普、辛格、普里(Hardeep Singh Puri)宣布,印度將實施一項具有里程碑意義的政策,要求到2025年在噴氣燃料中添加1%的永續航空燃料(SAF)。此措施符合永續燃料的全球趨勢,目的是大幅減少航空業的排放。

市場快速的技術創新

技術發展預計將推動印度永續航空燃料(SAF)市場的顯著成長。印度目的是透過推廣SAF、生物柴油和生物CNG等清潔能源來減少對化石燃料的依賴。它將甘蔗、農業廢棄物、廢食用油和城市廢棄物等各種原料轉化為氣化/費托、ATJ(酒精到噴射)以及加氫處理酯和脂肪酸(HEFA)等先進技術來實現這一目標。將其與技術結合使用。營運中的糖廠和乙醇工廠生產的異丁醇(IBA)每年可生產 150萬噸 SAF,而使用廢食用油(UCO)的HEFA 技術每年可生產高達 2億噸 SAF。如果分類基礎設施得到改善,每年可生產多達 1,100萬噸 SAF。

本報告研究和分析了印度永續航空燃料(SAF)市場,提供市場規模和預測、市場動態以及主要參與者狀況。

目錄

第1章 專案範圍與定義

第2章 研究方法

第3章 執行摘要

第4章 顧客回饋

  • 品牌知名度
  • 交貨時間
  • 供應鏈
  • 品質
  • 購買方便

第5章 印度永續航空燃料(SAF)市場展望(2024 財年-2033 財年)

  • 市場規模分析與預測
    • 金額
    • 數量
  • 市佔率分析與預測
    • 依燃料類型
    • 依技術
    • 依用途
    • 依地區

第6章 波特五力分析

第7章 PESTLE 分析

第8章 市場動態

  • 市場驅動因素
  • 市場挑戰

第9章 市場趨勢與發展

第10章 印度現有和即將建成的SAF 工廠清單

第11章 競爭態勢

  • 前 5 名市場領導者的競爭矩陣
  • 前 5 名的公司的SWOT 分析
  • 前10名主要企業狀況
    • Neste Oyj
    • World Energy LLC
    • LanzaJet Inc.
    • Indian Oil Corporation Limited (IOCL)
    • Avaada Group
    • Gevo Inc.
    • Praj Industries Limited
    • SAF One Energy Management Ltd

第12章 戰略建議

第13章 關於本公司,免責聲明

Product Code: MX11842

India sustainable aviation fuel market has feedstock for potential production of 19 to 24 million tons of SAF per year, for 5% blending target of SAF, India would require 0.14 billion liters of SAF annually. The third-largest aviation market in the world, India's aviation industry has grown remarkably because of rising income levels, the emergence of low-cost carriers, and encouraging government programs such as the Ude Desh Ka Aam Naagrik (UDAN) Policy. The Nextgen Airports for Bharat Nirman (NABH) plan, which seeks to greatly increase airport capacity to accommodate a billion trips annually by 2028, supports this growth. The aviation sector in India had a 2.5-fold growth in emissions between 2005 and 2018, indicating that the industry plays a significant role in the country's greenhouse gas emissions. Due to factors such as radiative forcing, aircraft emissions are predicted to have a 2 to 4 times greater global impact than existing projections. The aviation industry is expected to expand its greenhouse gas emissions by 3.6 to 3.8 times by 2030 and up to 14 times by 2050.

In India, aviation emissions are growing at a CAGR of 7.34%. The Indian market for sustainable aviation fuel is receiving more attention in response to these issues. With its sustainable source, SAF presents a competitive option to traditional Aviation Turbine Fuel (ATF), with the potential to lower greenhouse gas emissions and reduce the environmental impact of the industry. SAF integration into the fuel mix offers the aviation industry a critical chance to strike a balance between growth and sustainability as the country's aviation market continues to rise. This change could benefit both economic development and climate goals by assisting in managing the environmental impact of one of the aviation markets that is expanding at the fastest rate in the world.

Government Focus on Sustainability to Influence Market Growth

The National Biofuel Coordination Committee (NBCC) of the Indian government is stepping up its efforts to promote sustainability in aviation. The NBCC has published the first targets for the blend ratio of conventional aviation turbine fuel to sustainable aviation fuel. The first targets for international flights are 1% SAF by 2027 and 2% by 2028. The International Civil Aviation Organization's (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), which requires airlines worldwide to offset emissions growth starting in 2027, aligns with this plan. Compared to ATF, SAF has a substantially lower carbon footprint as it is made from renewable feedstocks.

India's CORSIA compliance and aircraft emissions are anticipated to benefit from the government's push for SAF blending. Involvement from the private sector is vital. Establishing SAF production plants in partnership with technology providers including major players such as Indian Oil Corporation (IOC) and Mangalore Refinery and Petrochemicals. Used cooking oil and non-edible oils will be used as feedstocks in these units, using pathways such as alcohol-to-jet fuel. With major advantages for the environment and the agriculture industry, the government plans to scale the SAF blending to 4-5%.

For instance, in May 2023, the Oil Minister Hardeep Singh Puri has declared that India will implement a ground-breaking policy by 2025 requiring the blending of 1% Sustainable Aviation Fuel in Jet Fuel. In keeping with global trends toward sustainable fuels, this effort seeks to drastically cut emissions from the aviation industry.

Rapid Technology Innovation in the Market

Technological developments are expected to drive significant growth in India sustainable aviation fuel market. India aims to reduce the dependency of fossil fuel by promoting clean energy such as SAF, Biodiesel, Bio CNG, etc. This is accomplished by utilizing a variety of feedstocks, including sugarcane, agricultural wastes, used cooking oil, and municipal solid waste, in conjunction with cutting-edge technologies, such as Gasification/Fischer-Tropsch, Alcohol-to-Jet, and Hydroprocessed Esters and Fatty Acids (HEFA). While Isobutanol (IBA) production from operating sugar mills and ethanol facilities may produce 1.5 million tons of SAF yearly, HEFA technology employing used cooking oil (UCO) could produce up to 2 million tons. Up to 11 million tons of SAF might be produced annually with improved segregation infrastructure.

For Instance, in May 2023, one of the constituent laboratories of the Council of Scientific & Industrial Research (CSIR), the Indian Institute of Petroleum (IIP), created an indigenous one-step catalytic technology that produces SAF by hydro-processing waste lipids such as UCO and tree-borne oils. Additionally, CSIR-IIP has set up a pilot scale testing facility that can process up to 50 kg of feed per day.

West and Central India is Expected to Dominate Market Share

India's west and central regions are becoming important players in India SAF market, which is growing significantly due to their strategic advantages. SAF manufacturing and distribution are concentrated in major aviation hubs and airports in cities like Mumbai, Pune, and Ahmedabad. Large investments in infrastructure, such as production facilities and supply systems have strengthened the availability and use of SAF in these regions. Increased SAF production and usage have been fueled by government subsidies and initiatives meant to lower carbon emissions and promote sustainable aviation. The advancement of SAF technology and integration necessitates active industry collaborations between fuel suppliers, research institutions, and airlines. SAF has a positive market outlook that sets the standard for the rest of India due to the robust current aviation infrastructure and growing demand for air travel.

For instance, in January 2024, Expanded DigiYatra and non-DigiYatra capabilities at Mumbai Airport have helped the airport process up to 8,000 passengers per hour and cut wait times to less than a minute. The airport now has 68 entry lanes, the highest number in the country, including 34 dedicated to DigiYatra. Terminal 1 features six dedicated DigiYatra e-gates and six non-DigiYatra e-gates. Additionally, 118 new e-gates at Terminal 2 will streamline security checks.

Biofuel Dominating the Market Share

Biofuels are gaining prominence in India sustainable aviation fuel market due to environmental benefits and raw material availability. When compared to conventional fossil fuels, biofuels are made from organic materials such as vegetable oil and other waste biomass in India. The National Biofuel Policy and business partnerships, along with government assistance are leading biofuels to dominate market share. Indian Oil Corporation (IOC) launched India's first bio-jet fuel-powered flight in 2018, using a blend of Jatropha-based biofuel and conventional aviation fuel. SpiceJet operated the country's first test flight with biofuel between Dehradun and Delhi. Praj Industries is developing advanced technologies for producing SAF blended aviation turbine fuel (ATF), as a result, biofuels are expected to significantly shape India's SAF market.

Key Players Landscape and Outlook

In India sustainable aviation fuel market, key players include major public sector oil companies such as Indian Oil Corporation and international companies such as World Energy, Neste Oyj, and LanzaJet. The market is buoyed by substantial investments in SAF production facilities and government initiatives promoting green aviation. The outlook is optimistic with plans for SAF blending mandates and infrastructure expansion to support a burgeoning aviation sector. Collaborations between Indian firms and international technology providers are driving innovation, while the diverse feedstock potential and supportive regulatory framework are expected to position India as a significant player in the global SAF market.

In February 2023, Indian Oil Corp planned to sign an agreement with LanzaJet to produce cleaner aviation fuel at its Panipat refinery in northern India. Indian Oil already has a partnership with LanzaTech to transform trash into ethanol, thus this contract will enhance ethanol to cleaner jet fuel. By 2030, 2% of the fuel used in aircraft at the state-run refinery will come from renewable sources.

In November 2022, India's largest airline, IndiGo, has committed to use 10% sustainable aviation fuel by 2030. Its most recent ESG report, Flying Responsibly, showcases early successes in lowering the intensity of airplane emissions and raising the usage of electric vehicles at airports. To develop SAF in line with the World Economic Forum's Clean Skies for Tomorrow project, IndiGo and the Indian Institute of Petroleum have signed a Memorandum of Understanding.

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Brand Awareness
  • 4.2. Lead time
  • 4.3. Supply Chain
  • 4.4. Quality
  • 4.5. Ease of Purchase

5. Indian Sustainable Aviation Fuel Market Outlook, FY2024-FY2033F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Fuel Type
      • 5.2.1.1. Biofuel
      • 5.2.1.2. Power to Liquid Fuel
      • 5.2.1.3. Hydrogen Fuel
      • 5.2.1.4. Gas-to-Liquid
    • 5.2.2. By Technology
      • 5.2.2.1. Fischer-Tropsch (FT) and Synthetic Paraffinic Kerosene (SPK)
      • 5.2.2.2. Hydroprocessed Esters and Fatty Acids
      • 5.2.2.3. Alcohol-to-Jet (ATJ) technology
      • 5.2.2.4. FT-SPK with Aromatics
      • 5.2.2.5. Hydrocarbon-Hydroprocessed Esters and Fatty Acids
      • 5.2.2.6. Others
    • 5.2.3. By Application
      • 5.2.3.1. Commercial
      • 5.2.3.2. Defense
      • 5.2.3.3. Others
    • 5.2.4. By Region
      • 5.2.4.1. North
      • 5.2.4.2. South
      • 5.2.4.3. East
      • 5.2.4.4. West and Central

6. Porter's Five Forces Analysis

7. PESTLE Analysis

8. Market Dynamics

  • 8.1. Market Drivers
  • 8.2. Market Challenges

9. Market Trends and Developments

10. List of Existing and Upcoming SAF Plants in India

11. Competitive Landscape

  • 11.1. Competition Matrix of Top 5 Market Leaders
  • 11.2. SWOT Analysis for Top 5 Players
  • 11.3. Key Players Landscape for Top 10 Market Players
    • 11.3.1. Neste Oyj
      • 11.3.1.1. Company Details
      • 11.3.1.2. Key Management Personnel
      • 11.3.1.3. Products and Services
      • 11.3.1.4. Financials (As Reported)
      • 11.3.1.5. Key Market Focus and Geographical Presence
      • 11.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 11.3.2. World Energy LLC
    • 11.3.3. LanzaJet Inc.
    • 11.3.4. Indian Oil Corporation Limited (IOCL)
    • 11.3.5. Avaada Group
    • 11.3.6. Gevo Inc.
    • 11.3.7. Praj Industries Limited
    • 11.3.8. SAF One Energy Management Ltd

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

12. Strategic Recommendations

13. About Us and Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Sustainable Aviation Fuel Market, By Value, In USD Million, FY2024-FY2033F
  • Figure 2. India Sustainable Aviation Fuel Market, By Volume, In Million Liters, FY2024-FY2033F
  • Figure 3. India Sustainable Aviation Fuel Market Share (%), By Fuel Type, FY2024-FY2033F
  • Figure 4. India Sustainable Aviation Fuel Market Share (%), By Technology, FY2024-FY2033F
  • Figure 5. India Sustainable Aviation Fuel Market Share (%), By Application, FY2024-FY2033F
  • Figure 6. India Sustainable Aviation Fuel Market Share (%), By Region, FY2024-FY2033F