The global sustainable aviation fuel market was valued at USD 1,845.2 million in 2024 and is projected to grow significantly, reaching USD 2,723.8 million in 2025 and soaring to USD 28,636.36 million by 2032. This remarkable growth reflects a compound annual growth rate (CAGR) of 48% over the forecast period. In 2024, North America dominated the market, holding a substantial 46% share, driven by strong policy support and investment in cleaner aviation technologies.
The SAF market is structured across several key segments that highlight its diverse growth potential. By type, the market is categorized into biofuel and synthetic fuel. Technological segmentation includes pathways such as 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 processes.
In terms of blending capacity, the market includes SAF mixtures ranging from 5% to over 50%, reflecting increasing adoption rates across the aviation industry. The end-use landscape spans commercial aviation, military aviation, and other sectors, with applications across both fixed-wing and rotary-wing aircraft.
From 2025 to 2032, regional forecasts indicate a strong global push toward SAF adoption, fueled by stricter environmental regulations, net-zero emissions targets, and the aviation industry's commitment to decarbonization. As governments and industry stakeholders accelerate their transition to low-emission fuels, SAF is poised to play a pivotal role in shaping the future of sustainable air travel.
https://www.fortunebusinessinsights.com/sustainable-aviation-fuel-saf-market-111563