The global Sustainable Aviation Fuel market set for rapid growth, moving from USD 0.9 billion in 2024 to an expected USD 78.8 billion by 2034, with a striking CAGR of 56.4% between 2025 and 2034. In 2024, Asia-Pacific led the market with 38.2% of total revenue (about USD 194.1 million), while North America followed with 45.9% (around USD 0.4 billion). This expansion is fueled by the aviation industry’s urgent drive to cut emissions and achieve net-zero goals by 2050. SAF, produced from renewable and waste-derived feedstocks, offers a realistic path to reducing the sector’s carbon footprint. Government-led initiatives, such as the U.S. Sustainable Aviation Fuel Grand Challenge, are boosting investment, accelerating production capacity, and encouraging airlines to switch to cleaner fuels. Together, these efforts are transforming SAF from an emerging alternative into a critical solution for sustainable air travel.
