Sustainable Aviation Fuel Market Growth and Opportunities for Stakeholders
Key Ideas
- The sustainable aviation fuel market is projected to reach USD 25.62 billion by 2030, growing at a CAGR of 65.5%, with a significant increase in volume from 0.30 billion to 3.68 billion gallons in the same period.
- Business & general aviation, including private jets and non-commercial aircraft, is increasingly turning to sustainable aviation fuel to meet regulatory requirements and consumer expectations for greener operations.
- The airliner segment, driven by expansions in air travel for tourism and business, is expected to be the largest market by 2025, benefitting from economies of scale, technological advancements, and strategic alliances.
- Europe is positioned as the second-largest market in 2025, supported by robust regulatory measures, climate policies, and investments in sustainable aviation fuel production and supply chains by countries like the Netherlands, France, Germany, and the UK.
The sustainable aviation fuel market is witnessing substantial growth, with a projected value of USD 25.62 billion by 2030 and significant volume expansion. The report highlights the shift towards sustainable biomass sources for fuel production, such as agricultural waste and used cooking oil, to achieve carbon neutrality goals. Business & general aviation sectors are increasingly adopting sustainable aviation fuel to address environmental concerns and regulatory demands for cleaner operations.
The airliner segment is poised for growth, driven by the increasing demand for air travel and the focus on enhancing passenger experience and operational efficiency. Europe stands out as a key market, supported by stringent environmental regulations and investments in sustainable aviation fuel infrastructure.
Key factors driving market growth include advancements in feedstock processing technologies, adoption of fuel-efficient aircraft engines, and regulatory mandates. Stakeholders in the aviation industry can leverage these insights to make informed decisions and develop effective market strategies. The report offers a comprehensive view of market dynamics, with data on key players, emerging technologies, market opportunities across regions, and new product developments.