Thailand Sustainable Aviation Fuel Market to 2032

Overview

The Thailand Sustainable Aviation Fuel Market is expected to reach a 179.12 USD Million by 2032 and is projected to grow at a CAGR of 58.36% from 2025 to 2032.

Revenue, 2024 (USD Million)

12.57

Forecast, 2032 (USD Million)

179.12

CAGR, 2024 - 2032

58.36%

Report Coverage

Thailand

Thailand Sustainable Aviation Fuel Market 2018-2032 USD Million

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

Market Growth and Projections:

Market Size (2024): 12.57 USD Million
Projected Market Size (2032): 179.12 USD Million
CAGR (2025-2032): 58.36%

Key Findings of Thailand Sustainable Aviation Fuel Market

The Thailand Sustainable Aviation Fuel Market was valued at 12.57 USD Million in 2024.
The Thailand Sustainable Aviation Fuel Market is likely to grow at a CAGR of 58.36% 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 16.29 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 70.89% during the forecast period from 2024 to 2032.

Thailand Sustainable Aviation Fuel Market Scope

Thailand Sustainable Aviation Fuel Market Segmentation & Scope

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%

Blending Platform

Unmanned Aerial Vehicle
Military Aviation
Business & General Aviation
Commercial Aviation

Thailand Sustainable Aviation Fuel Market Data Coverage Insights

Study Period	2024-2032
Base Year	2021
Unit	Revenue in USD Million
Market Value in 2024	12.57 USD Million
Market Value in 2032	179.12 USD Million
CAGR (2025-2032)	58.36%
Historic Data	2016-2023
Market Segments Covered	Fuel Type,Manufacturing Technology,Blending Capacity,Blending Platform

Regional Insights:

Leading Market (2024-2032): Thailand, leading in terms of revenue 12.57 USD Million in 2024
- Key Country: Thailand, leading in terms of revenue with value of 12.57 USD Million in 2024.

Segments and Scope

Thailand Sustainable Aviation Fuel Market to 2032, By Fuel Type
- Bio Fuel is the largest segment in Thailand Sustainable Aviation Fuel Market to 2032 with a revenue of 9.66 USD Million in the year 2024.
- Bio Fuel is the Fastest growing segment in Thailand Sustainable Aviation Fuel Market to 2032 with a Growth rate of 59.64 % in forecast period 2025-2032.
Thailand 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 Thailand Sustainable Aviation Fuel Market to 2032 with a revenue of 5.59 USD Million in the year 2024.
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) is the Fastest growing segment in Thailand Sustainable Aviation Fuel Market to 2032 with a Growth rate of 70.89 % in forecast period 2025-2032.
Thailand Sustainable Aviation Fuel Market to 2032, By Blending Capacity
- Below 30% is the largest segment in Thailand Sustainable Aviation Fuel Market to 2032 with a revenue of 9.10 USD Million in the year 2024.
- 30 % to 50 % is the Fastest growing segment in Thailand Sustainable Aviation Fuel Market to 2032 with a Growth rate of 57.41 % in forecast period 2025-2032.
Thailand Sustainable Aviation Fuel Market to 2032, By Blending Platform
- Commercial Aviation is the largest segment in Thailand Sustainable Aviation Fuel Market to 2032 with a revenue of 16.29 USD Million in the year 2024.
- Commercial Aviation is the Fastest growing segment in Thailand Sustainable Aviation Fuel Market to 2032 with a Growth rate of 60.73 % in forecast period 2025-2032.

Thailand Sustainable Aviation Fuel Market Company Share Analysis

Company Name
Neste
Johnson Matthey
TotalEnergies
Preem AB
Sasol

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

Thailand Sustainable Aviation Fuel Market Company Profiling

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Frequently Asked Questions

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

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

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

Thailand Sustainable Aviation Fuel Market was valued at USD 12.57(Revenue in USD Million) in 2021.

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

Thailand Sustainable Aviation Fuel Market is projected to grow at a CAGR of 58.36% during the forecast period of 2024 to 2032.

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

The Commercial Aviation segment is expected to dominate the Thailand Sustainable Aviation Fuel Market, holding a largest market share of 16.29 USD Million in 2024