Global Sustainable Aviation Fuel (SAF) Market 2024-2028
The sustainable aviation fuel (SAF) market is forecasted to grow by USD 5298.2 mn during 2023-2028, accelerating at a CAGR of 75.62% during the forecast period. The report on the sustainable aviation fuel (SAF) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by favorable government policies, rising need for cleaner fuels, and increasing emissions from airlines.
Technavio's sustainable aviation fuel (SAF) market is segmented as below:
By Type
- Biofuel
- Hydrogen fuel
- Power to liquid fuel
By Application
- Commercial aviation
- Business and general aviation
- Military aviation
- Unmanned aerial aviation
By Geography
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the research on third-generation biofuels as one of the prime reasons driving the sustainable aviation fuel (SAF) market growth during the next few years. Also, increased environmental regulations and increasing efficiency of airlines will lead to sizable demand in the market.
The report on the sustainable aviation fuel (SAF) market covers the following areas:
- Sustainable aviation fuel (SAF) market sizing
- Sustainable aviation fuel (SAF) market forecast
- Sustainable aviation fuel (SAF) market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sustainable aviation fuel (SAF) market vendors that include Aemetis Inc., Alder Energy LLC, Chevron Corp., Cummins Inc., Deutsche Lufthansa AG, Eni SpA, Fulcrum BioEnergy Inc., Gevo Inc., LanzaTech Global Inc., Neste Corp., OMV Aktiengesellschaft, Pan Oleo Energy Ltd., Preem Holdings AB, Sasol Ltd., Shell plc, SkyNRG BV, SYNHELION SA, TotalEnergies SE, Velocys Plc, and World Energy LLC. Also, the sustainable aviation fuel (SAF) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.