Global Sustainable Aviation Fuel Market Size Study & Forecast, by Fuel Type, Technology, Aircraft Type, Platform, and Regional Forecasts 2025–2035

The Global Sustainable Aviation Fuel (SAF) Market is valued at approximately USD 1.04 billion in 2024 and is projected to soar at a remarkable CAGR of 57.50% during the forecast period from 2025 to 2035. Sustainable Aviation Fuel has swiftly emerged as the cornerstone of the aviation industry's decarbonization blueprint, representing a transformative shift away from fossil-derived kerosene towards renewable and low-carbon alternatives. Derived from a variety of sources including bio-based feedstocks, hydrogen, and synthetic fuels, SAF offers up to 80% fewer carbon emissions across its lifecycle, while maintaining full compatibility with existing aircraft and fueling infrastructure. Governments, airline alliances, and industry coalitions across the globe have mobilized ambitious net-zero strategies, catalyzing demand for these next-gen fuels.

The exponential rise in demand for commercial and freight aviation—coupled with escalating environmental regulations and carbon pricing mechanisms—is compelling aircraft operators and fuel suppliers to aggressively ramp up SAF adoption. Technological innovations in fuel production processes such as Fischer-Tropsch synthesis, HEFA (Hydroprocessed Esters and Fatty Acids), and alcohol-to-jet (ATJ) pathways are now at the forefront of enabling large-scale deployment. Meanwhile, rising public and institutional pressure on aviation sustainability metrics has pushed OEMs and fuel producers to fast-track R&D, forge cross-border partnerships, and scale up production through dedicated SAF refineries and integrated supply chains. Notably, hydrogen fuel is gaining traction as an alternative propulsion source for next-generation aircraft, signaling a future-forward extension of the SAF landscape.

Geographically, North America is anticipated to lead the SAF market, driven by aggressive policy frameworks such as the U.S. Inflation Reduction Act, California’s Low Carbon Fuel Standard (LCFS), and substantial investments from major airlines including United, Delta, and Alaska Airlines. Europe closely follows, propelled by mandates like the ReFuelEU Aviation initiative and widespread governmental backing for alternative fuels under the EU Green Deal. Simultaneously, the Asia Pacific region is poised for explosive growth due to emerging SAF projects in Japan, Singapore, and Australia, combined with rising aviation traffic and burgeoning aerospace investments. Latin America and the Middle East are also demonstrating strong interest, particularly in biofuel-rich nations like Brazil and the UAE.

Major market players included in this report are:
• Neste Oyj
• World Energy LLC
• Shell plc
• TotalEnergies SE
• Gevo Inc.
• Velocys plc
• LanzaJet Inc.
• BP p.l.c.
• Honeywell International Inc.
• ExxonMobil Corporation
• Fulcrum BioEnergy Inc.
• Aemetis, Inc.
• Preem AB
• SkyNRG
• Red Rock Biofuels

Global Sustainable Aviation Fuel Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025–2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Fuel Type:
• Biofuel
• Hydrogen Fuel

By Technology:
• Fischer-Tropsch
• HEFA-SPK (Hydroprocessed Esters and Fatty Acids Synthetic Paraffinic Kerosene)
• HFS-SIP (Hydroprocessed Fermented Sugars to Synthetic Iso-Paraffins)
• Alcohol-to-Jet (ATJ)
• Power-to-Liquid (PtL)
• Others

By Aircraft Type:
• Commercial Aviation
• Military Aviation
• Business & General Aviation
• Unmanned Aerial Vehicles (UAVs)

By Platform:
• Fixed Wing
• Rotary Wing

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

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