The global sustainable aviation fuel market size was estimated at USD 1.04 billion in 2024 and is projected to reach USD 15.85 billion by 2030, growing at a CAGR of 57.5% from 2025 to 2030. This exceptionally high growth rate reflects the rapid acceleration in efforts to decarbonize the aviation sector, which is traditionally one of the most challenging industries to transition toward low-carbon solutions. Rising environmental concerns, strong regulatory support, and increasing demand for clean and sustainable fuels across both commercial and military aviation industries are expected to significantly fuel market growth in the coming years. Governments, aviation authorities, and industry stakeholders are increasingly prioritizing sustainable aviation fuel (SAF) as a critical pathway to reduce greenhouse gas emissions without requiring major changes to existing aircraft or infrastructure.

The sustainable aviation fuel market in the U.S. is predicted to expand steadily due to heightened awareness of environmental concerns, continuous technological improvements, supportive regulatory measures, and a gradual shift in consumer preferences toward sustainable products and services. SAF offers favorable physical properties such as high viscosity and high energy density, which make it compatible with existing aviation engines and fuel distribution systems. Sustainable fuels comprise a wide range of energy sources and carriers derived from renewable or low-carbon feedstocks, including waste oils, agricultural residues, municipal solid waste, and synthetic fuels produced using renewable electricity, thereby reducing lifecycle carbon emissions compared to conventional jet fuel.

The SAF market is experiencing significant growth driven by a combination of environmental, technological, and regulatory factors. Airlines are increasingly adopting sustainable aviation fuel to meet stringent emissions reduction targets set by international bodies and national governments, while also responding to rising consumer demand for greener and more responsible travel options. Corporate sustainability commitments and airline net-zero pledges are further reinforcing long-term demand for SAF across global aviation networks.

Advancements in feedstock processing and refining technologies, such as Hydroprocessed Esters and Fatty Acids (HEFA) and Alcohol-to-Jet (AtJ), have significantly improved the efficiency, scalability, and commercial viability of sustainable aviation fuel production. These technologies enable higher fuel yields and better performance characteristics, helping SAF compete more effectively with traditional fossil-based jet fuel. Such developments are complemented by supportive policies and mandates in regions such as North America and Europe, where governments are actively incentivizing SAF adoption through tax credits, subsidies, blending mandates, and regulatory frameworks.

For instance, the U.S. Department of Energy’s SAF Grand Challenge aims to accelerate the development and deployment of sustainable aviation fuel by increasing emissions reductions and de-risking technology and supply chains through large-scale demonstrations, funding programs, and policy analysis. These initiatives are designed to stimulate private investment, strengthen domestic production capacity, and create a more resilient SAF supply ecosystem.

Key Market Trends & Insights:

• North America dominated the sustainable aviation fuel market with the largest revenue share of 46.44% in 2024. This dominance is driven by robust regulatory support, rapid technological advancements, strong government incentives, and increasing airline commitments toward decarbonization. The presence of major SAF producers, advanced research institutions, and large commercial airline operators further strengthens the region’s market position.
• By technology, the FT-SPK type dominated the technology segment and accounted for the largest market share of over 44.0% in terms of revenue in 2024. FT-SPK is widely adopted due to its ability to produce high-quality synthetic jet fuel from a variety of feedstocks. HEFA-SPK is another technology with significant market penetration and a strong growth rate, as it currently produces the majority of commercially available bio-based aviation fuels due to its technological maturity and scalability.
• By fuel type, biofuel dominated the fuel type segment and accounted for the largest revenue share of over 71.0% in 2024. This dominance is attributed to the relatively established production pathways and compatibility of biofuels with existing aviation infrastructure. Moreover, the growing number of ecologically conscious consumers is expected to further propel the adoption of biofuel-powered transportation solutions and aviation products.
• By aircraft type, fixed-wing aircraft dominated the aircraft type segment and accounted for the largest revenue share of over 42.0% in 2024. The growth of SAF usage in fixed-wing aircraft is supported by high commercial flight volumes, long-haul travel demand, and airline sustainability commitments. Meanwhile, the market for sustainable aviation fuel for rotorcraft (helicopters) is expected to grow significantly over the forecast period, driven by increased adoption in military, emergency services, and offshore operations.
• By platform, the commercial segment dominated the platform segment and accounted for the largest revenue share of over 33.0% in 2024. The market for sustainable aviation fuel in the commercial aviation sector has been steadily increasing due to environmental concerns, regulatory requirements, and coordinated industry initiatives aimed at reducing aviation-related carbon emissions.

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Market Size & Forecast:

• 2024 Market Size: USD 1.04 Billion
• 2030 Projected Market Size: USD 15.85 Billion
• CAGR (2025-2030): 57.5%
• North America: Largest market in 2024

Key Companies & Market Share Insights:

The global sustainable aviation fuel market is highly competitive, with the presence of major industry participants across regions. Companies are actively engaged in acquisitions, mergers, strategic partnerships, and long-term supply agreements to strengthen their market positions and secure SAF supply chains. Competitive intensity remains high as players race to scale production capacity and reduce costs.

For instance, in April 2023, Shell and Delta Air Lines signed a two-year agreement with Los Angeles International Airport (LAX) serving as the hub to purchase 10 million gallons of sustainable aviation fuel from Shell Aviation. Through this agreement, the international airline aims to fulfill its target of utilizing 35% sustainable aviation fuel by 2035 and achieve its goal of consuming 10% SAF per year by 2030, supported by commitments exceeding 200 million gallons of SAF.

Key Players

• Aemetis Inc.
• AVFUEL CORPORATION
• Fulcrum BioEnergy
• Gevo
• TotalEnergies
• LanzaTech
• Neste
• Preem AB
• Sasol Limited
• SkyNRG B.V.
• World Energy, LLC

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Conclusion:

In conclusion, the sustainable aviation fuel market is set for rapid expansion, driven by strong regulatory support, rising environmental concerns, and increasing adoption by commercial and military aviation sectors. Advancements in production technologies and the availability of diverse renewable feedstocks are improving the scalability and commercial viability of SAF. North America’s leadership, coupled with growing airline commitments to decarbonization, continues to shape market momentum. Dominance of biofuels, fixed-wing aircraft, and commercial aviation platforms highlights SAF’s critical role in reducing aviation emissions. Ongoing strategic partnerships and government initiatives are expected to further accelerate market growth through 2030.