According to Fortune Business Insights™, the global sustainable aviation fuel market was valued at USD 1,845.2 million in 2024 and is projected to grow from USD 2,723.8 million in 2025 to USD 28,636.36 million by 2032, exhibiting a remarkable CAGR of 48% during the forecast period. North America dominated the market in 2024, accounting for a substantial 46% share, driven by strong policy support and advanced fuel production infrastructure.

Sustainable Aviation Fuel serves as an environmentally friendly alternative to conventional jet fuel, produced from non-petroleum-based feedstocks such as biomass, waste oils, and agricultural residues. SAF plays a crucial role in decarbonizing the aviation industry by significantly lowering lifecycle carbon emissions. It is compatible with existing aircraft and infrastructure, and can be blended with traditional jet fuels in proportions ranging from 10% to 50%, depending on the feedstock and processing technology. Growing awareness of climate change and rising regulatory pressure to curb aviation emissions are expected to propel the global SAF market forward over the coming years.

LIST OF KEY COMPANIES PROFILED IN THE REPORT

• Neste (Finland)
• World Energy (U.S.)
• Gevo, Inc. (U.S.)
• Alder Fuels (U.S.)
• SkyNRG (Netherlands)
• Air BP (U.K.)
• Shell Aviation (Netherlands)
• TotalEnergies (France)
• Vitol Aviation (Switzerland)
• LanzaTech (U.S.)
• Fulcrum Bioenergy (U.S.)

Informational Source:

https://www.fortunebusinessinsights.com/sustainable-aviation-fuel-saf-market-111563

Segmentation: Sustainable Aviation Fuel Market

High Compatibility With Existing Aircraft Increased Use of Biomass-based SAF