The global sustainable aviation fuel market was valued at USD 1,845.2 million in 2024 and is expected to grow significantly, reaching USD 2,723.8 million in 2025 and soaring to USD 28,636.36 million by 2032. This represents a robust compound annual growth rate (CAGR) of 48% over the forecast period. In 2024, North America led the market, accounting for a dominant share of 46%.
The sustainable aviation fuel (SAF) market is segmented across several key categories to provide a comprehensive understanding of its structure and growth potential. By type, the market includes biofuel and synthetic fuel, while technologies analyzed include HEFA-SPK (Hydroprocessed Esters and Fatty Acids Synthetic Paraffinic Kerosene), FT-SPK (Fischer-Tropsch Synthetic Paraffinic Kerosene), ATJ-SPK (Alcohol-to-Jet Synthetic Paraffinic Kerosene), and other emerging methods. The market is also segmented by blending capacity, covering fuel mixtures ranging from 5% to over 50%. End-use sectors include commercial aviation, military aviation, and others, with applications in both fixed-wing and rotary-wing aircraft. Regional forecasts from 2025 to 2032 highlight the global expansion of SAF adoption, driven by growing environmental regulations and the aviation industry’s push toward decarbonization.
https://www.fortunebusinessinsights.com/sustainable-aviation-fuel-saf-market-111563
High Compatibility With Existing Aircraft Increased Use of Biomass-based SAF