Sustainable Aviation Fuel Market revenue to hit USD 15 Billion by 2035, says Research Nester [Yahoo! Finance]
NESTE OYJ UNSP/ADR (NTOIY)
NASDAQ:AMEX Investor Relations:
neste.com/en/corporate-info/investors-0
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Source: Yahoo! Finance
SE, OMV Aktiengesellschaft AG, Neste MY, SkyNRG B.V., Gevolnc., and CESPA,. New York, Jan. 15, 2024 (GLOBE NEWSWIRE) -- The global sustainable aviation fuel market size is projected to grow at a CAGR of over ~42% from 2023 to 2035. The market is expected to garner a revenue of USD 15 billion by the end of 2035, up from a revenue of ~USD 435 million in the year 2022.This growth of the market is set to be dominated by the increase in the number of people traveling by plane. Initial traffic data from international airports which make up ACI World reveals that there were approximately about 6 billion passengers on planes last year, an over 52% increase over 2021. As a result, with the surge in air transport the demand for aviation fuel is also growing. Request Free Sample Copy of this Report @ https://www.researchnester.com/sample-request-4881 However, with its growth in the last few decades outpacing that of rail, road, or shipping, aviation contributed to approximately 3% of the w
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