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Showing posts with the label Renewable/Bio Jet Fuel Market Analysis

Renewable/Bio Jet Fuel Market Trend Analysis: 2023, Development Growth, Segmentation, and Industry Challenges till 2030

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Renewable or bio jet fuel is a type of aviation fuel made from renewable feedstocks such as plant oils, waste cooking oil, and animal fats, instead of fossil fuels. These feedstocks are processed through various methods such as hydrotreating, hydrocracking, and fermentation to produce a fuel that is chemically similar to conventional jet fuel. Renewable jet fuel is considered a more sustainable alternative to traditional jet fuel because it emits significantly lower greenhouse gas (GHG) emissions during its production and combustion. It also reduces the dependence on non-renewable resources and contributes to the reduction of carbon footprint in the aviation industry. The renewable/bio jet fuel market is an emerging sector in the aviation industry that aims to reduce greenhouse gas emissions and reliance on fossil fuels. Renewable/bio jet fuel is produced from sustainable and renewable feedstocks such as waste cooking oil, agricultural residues, and algae. Major players operating in th...