Bio-based Sustainable Aviation Fuel (SAF) - Global Industry Market Analysis Report 2020-2031

Bio-based Sustainable Aviation Fuel (SAF) is an aviation fuel produced from renewable biomass. It aims to replace traditional fossil aviation kerosene to reduce the impact of the aviation industry on the environment and promote the sustainable development of air transportation.

Its production raw materials come from a wide range of sources, including vegetable oils (such as rapeseed oil, palm oil, jatropha oil, etc.), animal fats, waste cooking oil (UCO) and agricultural and forestry waste. These raw materials are transformed into products that meet aviation fuel standards through a series of complex conversion processes, such as hydrotreating, transesterification, and Fischer-Tropsch synthesis. For example, the hydrotreating process can convert fatty acid glycerides in vegetable oils into paraffins, giving them similar combustion properties to traditional aviation kerosene; transesterification reactions are often used to convert waste cooking oil into biodiesel, which can be used as a blending component of aviation fuel after further processing.

Bio-based sustainable aviation fuel has many performance advantages. In terms of environmental protection, the use of SAF can significantly reduce carbon emissions compared to traditional aviation kerosene. Life cycle assessment (LCA) studies have shown that SAF can reduce carbon emissions by 50% - 80% over its entire life cycle, helping to mitigate the impact of the aviation industry on climate change. In terms of combustion performance, SAF has good compatibility with traditional aviation kerosene and can be used directly or mixed in a certain proportion in existing aircraft engines and infrastructure, without the need for large-scale modifications to aircraft engines and airport facilities. In addition, SAF has excellent low-temperature performance and can still maintain good fluidity in high-altitude and low-temperature environments, ensuring the stability of fuel supply.

At present, bio-based sustainable aviation fuel has gradually entered the application stage worldwide. Some airlines have already carried out commercial flights using SAF, and some airports have also begun to provide SAF refueling services. For example, Scandinavian Airlines uses SAF with a blending ratio of 30% on some routes and has accumulated rich operating experience. However, due to factors such as limited production scale and high cost, SAF still accounts for a low proportion in the aviation fuel market. Currently, the global use of SAF accounts for only about 1% of the total aviation fuel consumption.

According to research data from PACO Research, with the increasing global attention to sustainable development and the increasing pressure on the aviation industry to reduce emissions, the market for bio-based sustainable aviation fuel has broad prospects. The global market size of bio-based sustainable aviation fuel is about US$500 million in 2024, and it is expected that by 2030, the market size will grow at a high compound annual growth rate of about 25%, and is expected to exceed US$2 billion. Due to strict environmental protection policies and developed aviation industries, Europe and North America have become the main markets for SAF, accounting for more than 70% of the global market share. At the same time, with the rapid economic development and increased environmental awareness in Asia, the market demand for SAF is also growing rapidly.

Looking ahead, the development of bio-based sustainable aviation fuel will focus on reducing production costs, expanding production scale and improving technology maturity. Researchers will continue to develop innovative production technologies, improve raw material utilization and production efficiency, and reduce the production cost of SAF. At the same time, the government and industry organizations will also increase policy support and investment to promote the large-scale commercial production and application of SAF and help the aviation industry achieve carbon neutrality goals.

Report Scope

This report aims to deliver a thorough analysis of the global market for Bio-based Sustainable Aviation Fuel (SAF), offering both quantitative and qualitative insights to assist readers in formulating business growth strategies, evaluating the competitive landscape, understanding their current market position, and making well-informed decisions regarding Bio-based Sustainable Aviation Fuel (SAF).

The report is enriched with qualitative evaluations, including market drivers, challenges, Porter’s Five Forces, regulatory frameworks, consumer preferences, and ESG (Environmental, Social, and Governance) factors.

The report provides detailed classification of Bio-based Sustainable Aviation Fuel (SAF), such as type, etc.; detailed examples of Bio-based Sustainable Aviation Fuel (SAF) applications, such as application one, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report provides detailed classification of Bio-based Sustainable Aviation Fuel (SAF), such as HEFA, G+FT, AtJ, Other, etc.; detailed examples of Bio-based Sustainable Aviation Fuel (SAF) applications, such as Commercial Aircraft, Military Aircraft, Other, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report covers key global regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa—providing granular, country-specific insights for major markets such as the United States, China, Germany, and Brazil.

The report deeply explores the competitive landscape of Bio-based Sustainable Aviation Fuel (SAF) products, details the sales, revenue, and regional layout of some of the world's leading manufacturers, and provides in-depth company profiles and contact details.

The report contains a comprehensive industry chain analysis covering raw materials, downstream customers and sales channels.

Core Chapters

Chapter One: Introduces the study scope of this report, market status, market drivers, challenges, porters five forces analysis, regulatory policy, consumer preference, market attractiveness and ESG analysis.
Chapter Two: market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Bio-based Sustainable Aviation Fuel (SAF) market sales and revenue in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter Four: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Five: Detailed analysis of Bio-based Sustainable Aviation Fuel (SAF) manufacturers competitive landscape, price, sales, revenue, market share, footprint, merger, and acquisition information, etc.
Chapter Six: Provides profiles of leading manufacturers, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction.
Chapter Seven: Analysis of industrial chain, key raw materials, customers and sales channel.
Chapter Eight: Key Takeaways and Final Conclusions
Chapter Nine: Methodology and Sources.