Belgium Sustainable Aviation Fuel Market to 2032

Overview

The Belgium Sustainable Aviation Fuel Market is expected to reach a 158.30 USD Million by 2032 and is projected to grow at a CAGR of 61.33% from 2025 to 2032.

Revenue, 2024 (USD Million)

10.01

Forecast, 2032 (USD Million)

158.30

CAGR, 2024 - 2032

61.33%

Report Coverage

Belgium

Belgium Sustainable Aviation Fuel Market 2018-2032 USD Million

Belgium Sustainable Aviation Fuel Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 10.01 USD Million
Projected Market Size (2032): 158.30 USD Million
CAGR (2025-2032): 61.33%

Key Findings of Belgium Sustainable Aviation Fuel Market

The Belgium Sustainable Aviation Fuel Market was valued at 10.01 USD Million in 2024.
The Belgium Sustainable Aviation Fuel Market is likely to grow at a CAGR of 61.33% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Commercial Aviation in Blending Platform Segment accounted for the largest share of the market with a revenue of 13.37 USD Million
The fastest growing segment Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) in Manufacturing Technology Segment grew Fastest with a CAGR of 70.35% during the forecast period from 2024 to 2032.

Belgium Sustainable Aviation Fuel Market Scope

Belgium Sustainable Aviation Fuel Market Segmentation & Scope

Blending Platform

Unmanned Aerial Vehicle
Military Aviation
Business & General Aviation
Commercial Aviation

Blending Capacity

Above 50%
30 % to 50 %
Below 30%

Manufacturing Technology

Catalytic Hydrothermolysis Jet (CHJ)
Alcohol to Jet SPK (ATJ-SPK)
Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
Synthetic ISO-Paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)

Fuel Type

Power to Liquid Fuel
Hydrogen Fuel
Bio Fuel

Belgium Sustainable Aviation Fuel Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	10.01 USD Million
Market Value in 2032	158.30 USD Million
CAGR (2025-2032)	61.33%
Historic Data	2016-2023
Market Segments Covered	Blending Platform,Blending Capacity,Manufacturing Technology,Fuel Type

Regional Insights:

Leading Market (2024-2032): Belgium, leading in terms of revenue 10.01 USD Million in 2024
- Key Country: Belgium, leading in terms of revenue with value of 10.01 USD Million in 2024.

Segments and Scope

Belgium Sustainable Aviation Fuel Market to 2032, By Blending Platform
- Commercial Aviation is the largest segment in Belgium Sustainable Aviation Fuel Market to 2032 with a revenue of 13.37 USD Million in the year 2024.
- Commercial Aviation is the Fastest growing segment in Belgium Sustainable Aviation Fuel Market to 2032 with a Growth rate of 63.47 % in forecast period 2025-2032.
Belgium Sustainable Aviation Fuel Market to 2032, By Blending Capacity
- Below 30% is the largest segment in Belgium Sustainable Aviation Fuel Market to 2032 with a revenue of 7.35 USD Million in the year 2024.
- 30 % to 50 % is the Fastest growing segment in Belgium Sustainable Aviation Fuel Market to 2032 with a Growth rate of 60.39 % in forecast period 2025-2032.
Belgium Sustainable Aviation Fuel Market to 2032, By Manufacturing Technology
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) is the largest segment in Belgium Sustainable Aviation Fuel Market to 2032 with a revenue of 4.92 USD Million in the year 2024.
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) is the Fastest growing segment in Belgium Sustainable Aviation Fuel Market to 2032 with a Growth rate of 70.35 % in forecast period 2025-2032.
Belgium Sustainable Aviation Fuel Market to 2032, By Fuel Type
- Bio Fuel is the largest segment in Belgium Sustainable Aviation Fuel Market to 2032 with a revenue of 8.57 USD Million in the year 2024.
- Bio Fuel is the Fastest growing segment in Belgium Sustainable Aviation Fuel Market to 2032 with a Growth rate of 62.91 % in forecast period 2025-2032.

Belgium Sustainable Aviation Fuel Market Company Share Analysis

Company Name
Neste
Johnson Matthey
TotalEnergies
Preem AB
Sasol

Belgium Sustainable Aviation Fuel Market Geographical Sales Distribution, 2018-2032 USD Million

Belgium Sustainable Aviation Fuel Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Belgium Sustainable Aviation Fuel Market?

The Belgium Sustainable Aviation Fuel Market is segmented based on Segmentation Blending Platform,Blending Capacity,Manufacturing Technology,Fuel Type.

What is the current market size of the Belgium Sustainable Aviation Fuel Market?

Belgium Sustainable Aviation Fuel Market was valued at USD 10.01(Revenue in USD Million) in 2021.

What is the expected growth rate of the Belgium Sustainable Aviation Fuel Market?

Belgium Sustainable Aviation Fuel Market is projected to grow at a CAGR of 61.33% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Belgium Sustainable Aviation Fuel Market?

The Commercial Aviation segment is expected to dominate the Belgium Sustainable Aviation Fuel Market, holding a largest market share of 13.37 USD Million in 2024