Global Sustainable Aviation Fuel Market to 2032

Overview

The Global Sustainable Aviation Fuel Market is expected to reach a 27.77 USD Billion by 2032 and is projected to grow at a CAGR of 38.79% from 2025 to 2032.

Revenue, 2024 (USD Billion)

1.48

Forecast, 2032 (USD Billion)

27.77

CAGR, 2024 - 2032

38.79%

Report Coverage

Global

Global Sustainable Aviation Fuel Market 2018-2032 USD Billion

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

Market Growth and Projections:

Market Size (2024): 1.48 USD Billion
Projected Market Size (2032): 27.77 USD Billion
CAGR (2025-2032): 38.79%

Key Findings of Global Sustainable Aviation Fuel Market

The Global Sustainable Aviation Fuel Market was valued at 27.77 USD Billion in 2024.
The Global Sustainable Aviation Fuel Market is likely to grow at a CAGR of 38.79% 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 1.95 USD Billion
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 43.27% during the forecast period from 2024 to 2032.

Global Sustainable Aviation Fuel Market Scope

Global Sustainable Aviation Fuel Market Segmentation & Scope

Blending Platform

Unmanned Aerial Vehicle
Military Aviation
Business & General Aviation
Commercial Aviation

Fuel Type

Power to Liquid Fuel
Hydrogen Fuel
Bio Fuel

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)

Blending Capacity

Above 50%
30 % to 50 %
Below 30%

Global Sustainable Aviation Fuel Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Billion
Market Value in 2024	1.48 USD Billion
Market Value in 2032	27.77 USD Billion
CAGR (2025-2032)	38.79%
Historic Data	2016-2023
Market Segments Covered	Blending Platform,Fuel Type,Manufacturing Technology,Blending Capacity

Regional Insights:

Leading Market (2024-2032): Global, leading in terms of revenue 1.48 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 420.35 USD Million in 2024.

Segments and Scope

Global Sustainable Aviation Fuel Market to 2032, By Blending Platform
- Commercial Aviation is the largest segment in Global Sustainable Aviation Fuel Market to 2032 with a revenue of 1.95 USD Billion in the year 2024.
- Commercial Aviation is the Fastest growing segment in Global Sustainable Aviation Fuel Market to 2032 with a Growth rate of 39.83 % in forecast period 2025-2032.
Global Sustainable Aviation Fuel Market to 2032, By Fuel Type
- Bio Fuel is the largest segment in Global Sustainable Aviation Fuel Market to 2032 with a revenue of 1.24 USD Billion in the year 2024.
- Bio Fuel is the Fastest growing segment in Global Sustainable Aviation Fuel Market to 2032 with a Growth rate of 39.62 % in forecast period 2025-2032.
Global 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 Global Sustainable Aviation Fuel Market to 2032 with a revenue of 656.43 USD Billion in the year 2024.
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) is the Fastest growing segment in Global Sustainable Aviation Fuel Market to 2032 with a Growth rate of 43.27 % in forecast period 2025-2032.
Global Sustainable Aviation Fuel Market to 2032, By Blending Capacity
- Below 30% is the largest segment in Global Sustainable Aviation Fuel Market to 2032 with a revenue of 1.09 USD Billion in the year 2024.
- 30 % to 50 % is the Fastest growing segment in Global Sustainable Aviation Fuel Market to 2032 with a Growth rate of 38.30 % in forecast period 2025-2032.

Global Sustainable Aviation Fuel Market Company Share Analysis

Company Name
Neste
Johnson Matthey
TotalEnergies
Preem AB
Sasol

Global Sustainable Aviation Fuel Market Geographical Sales Distribution, 2018-2032 USD Billion

Global Sustainable Aviation Fuel Market Company Profiling

Industry Related Reports

Global Fuel Tank Market

Global Used Car Market

Global Automotive Level Sensor Market

Global Maintenance Repair and Operations (MRO) Market

Frequently Asked Questions

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

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

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

Global Sustainable Aviation Fuel Market was valued at USD 1.48(Revenue in USD Billion) in 2021.

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

Global Sustainable Aviation Fuel Market is projected to grow at a CAGR of 38.79% during the forecast period of 2024 to 2032.

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

The Commercial Aviation segment is expected to dominate the Global Sustainable Aviation Fuel Market, holding a largest market share of 1.95 USD Billion in 2024