The global Sustainable Aviation Fuel market is on track for exceptional growth. Valued at just USD 0.9 billion in 2024, it is forecast to surge to nearly USD 78.8 billion by 2034, expanding at a remarkable CAGR of 56.4% from 2025 to 2034. In 2024, Asia-Pacific led the market with 38.2% of total revenue (around USD 194.1 million), while North America followed closely with a 45.9% share (about USD 0.4 billion). This strong momentum is driven by the aviation sector’s urgent push to cut emissions and meet net-zero targets by 2050. SAF, made from renewable and waste-based feedstocks, offers a viable solution to reduce the industry’s environmental footprint. Supportive initiatives, such as the U.S. Sustainable Aviation Fuel Grand Challenge, are accelerating production capacity, driving investment, and encouraging airlines to shift toward cleaner, more sustainable fuel alternatives.
https://market.us/report/sustainable-aviation-fuel-market/
https://market.us/report/sustainable-aviation-fuel-market/
The global Sustainable Aviation Fuel market is on track for exceptional growth. Valued at just USD 0.9 billion in 2024, it is forecast to surge to nearly USD 78.8 billion by 2034, expanding at a remarkable CAGR of 56.4% from 2025 to 2034. In 2024, Asia-Pacific led the market with 38.2% of total revenue (around USD 194.1 million), while North America followed closely with a 45.9% share (about USD 0.4 billion). This strong momentum is driven by the aviation sector’s urgent push to cut emissions and meet net-zero targets by 2050. SAF, made from renewable and waste-based feedstocks, offers a viable solution to reduce the industry’s environmental footprint. Supportive initiatives, such as the U.S. Sustainable Aviation Fuel Grand Challenge, are accelerating production capacity, driving investment, and encouraging airlines to shift toward cleaner, more sustainable fuel alternatives.
https://market.us/report/sustainable-aviation-fuel-market/
0 Comments
·0 Shares
·31 Views
·0 Reviews