Sustainable Aviation Fuel Market is expected to reach USD 4,841.5 million by 2031 | Major Companies - Neste, Fulcrum BioEnergy, LanzaTech.

Market Size and Growth:

The Sustainable Aviation Fuel Market Size reached USD 586.4 million in 2024 and is expected to reach USD 4,841.5 million by 2031, growing with a CAGR of 35.2% during the forecast period 2024-2031. According to DataM Intelligence Report.

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The Sustainable Aviation Fuel (SAF) Market encompasses the production, distribution, and adoption of eco-friendly, renewable aviation fuels derived from biomass, waste, or other sustainable sources. It focuses on reducing greenhouse gas emissions, improving energy efficiency, and supporting the aviation industry's transition toward carbon neutrality. The market includes feedstock sourcing, fuel production technologies, regulatory compliance, and airline partnerships worldwide.

United States: Recent Developments of Sustainable Aviation Fuel Market

✅ October 2025: Neste extended its partnership with United Airlines to supply sustainable aviation fuel (SAF) to three major U.S. airports George Bush Intercontinental in Houston, Newark Liberty International, and Dulles International with deliveries starting in September and continuing through year-end.​

✅ November 2025: DHL Express signed a multi-year agreement with Phillips 66 for over 240,000 metric tons (about 83 million gallons) of SAF, primarily for Los Angeles International Airport, expected to cut lifecycle GHG emissions by 737,000 metric tons.​

✅ November 2025: Million Air Austin began offering ongoing SAF supply at Austin-Bergstrom International Airport, marking the first such location in Texas for the fixed-base operator.​

Europe: Recent Developments of Sustainable Aviation Fuel Market

✅ September 2025: The European Commission allocated €100 million in EU ETS allowances to support airlines purchasing SAF used in 2024, part of a broader incentive worth €125 million including zero-rating benefits.​

✅ October 2025: A new report highlighted progress in SAF uptake across the EU in 2024, confirming increased production capacity under ReFuelEU Aviation and the bloc's trajectory to meet its 6% blending target by 2030.​

✅ November 2025: The EU unveiled a €3 billion Sustainable Transport Investment Plan to expand SAF production, fund research on advanced biofuels and e-fuels, and support ReFuelEU mandates starting at 2% blending in 2025.​

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Major Players:

Key companies in the Sustainable Aviation Fuel market include:

Neste
Fulcrum BioEnergy
LanzaTech
TotalEnergies
Gevo
SG Preston
Velocys plc
Northwest Advanced Bio-Fuels, LLC
Red Rock Biofuels
Prometheus Fuels.

Market Growth Drivers:

Regulatory Mandates:

✅ Governments worldwide enforce SAF blending requirements, such as the EU's ReFuelEU initiative starting at 2% in 2025 and rising significantly by 2050, alongside U.S. targets for billions of gallons by 2030. These policies compel airlines to adopt SAF for compliance, spurring production investments and capacity expansion.​

Technological Advancements:

✅ Innovations in feedstock processing, like efficient conversion of waste oils, agricultural residues, and algae into SAF, lower costs and boost scalability. Developments in pathways such as Alcohol-to-Jet and improved refining enhance yield and commercial viability.​

Emission Reduction Imperative:

✅ Aviation's growing CO2 footprint drives airlines toward SAF, which cuts emissions by up to 80% compared to fossil fuels, aligning with net-zero goals. Corporate sustainability commitments and consumer demand for greener travel further accelerate adoption.​

Segments Covered in the Sustainable Aviation Fuel Market:

By Type: Biofuel, Hydrogen Fuel, Power-to-Liquid Fuel, Gas-to-Liquid Fuel.

By Aircraft Type: Fixed Wing, Rotary Wing.

By Platform: Commercial Aviation, Military Aviation, Business Aviation, Unmanned Aerial Vehicles (UAVs).

Regional Analysis for Sustainable Aviation Fuel Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Sustainable Aviation Fuel market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Sustainable Aviation Fuel Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Sustainable Aviation Fuel market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Sustainable Aviation Fuel Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Sustainable Aviation Fuel market?

➠ Who are the global key manufacturers of the Sustainable Aviation Fuel Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Sustainable Aviation Fuel market opportunities and threats faced by the vendors in the global Sustainable Aviation Fuel Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Sustainable Aviation Fuel market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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