Global Bio-based Sustainable Aviation Fuel (SAF) Market Growth 2024-2030

Global Bio-based Sustainable Aviation Fuel (SAF) Market Growth 2024-2030

Bio-based sustainable aviation fuel (SAF) (also called as Bio-Aviation Fuel) is the name given to advanced aviation biofuel types used in jet aircraft and certified as being sustainable by a reputable independent third-party. It is produced from renewable animal, plant or biomass raw materials. This certification is in addition to the safety and performance certification, issued by global standards body ASTM, that all jet fuel is required to meet in order to be approved for use in regular passenger flights. In this report, Bio-based sustainable aviation fuel (SAF) is at least synonymous with these things biomass-based renewable jet fuel, (bio-based) renewable jet fuel, (bio-based) sustainable aviation fuel (SAF), biojet fuels, bio-based aviation fuel, drop-in fuel for aviation.

The global Bio-based Sustainable Aviation Fuel (SAF) market size is projected to grow from US$ 3434 million in 2024 to US$ 14170 million in 2030; it is expected to grow at a CAGR of 26.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Bio-based Sustainable Aviation Fuel (SAF) Industry Forecast” looks at past sales and reviews total world Bio-based Sustainable Aviation Fuel (SAF) sales in 2023, providing a comprehensive analysis by region and market sector of projected Bio-based Sustainable Aviation Fuel (SAF) sales for 2024 through 2030. With Bio-based Sustainable Aviation Fuel (SAF) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Sustainable Aviation Fuel (SAF) industry.

This Insight Report provides a comprehensive analysis of the global Bio-based Sustainable Aviation Fuel (SAF) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Sustainable Aviation Fuel (SAF) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bio-based Sustainable Aviation Fuel (SAF) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Sustainable Aviation Fuel (SAF) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Sustainable Aviation Fuel (SAF).

The key players of Bio-based Sustainable Aviation Fuel (SAF) include Neste, World Energy and TotalEnergies, etc. The top three players hold a share over 53%. Europe is the largest market, with a share about 68%. In terms of product type, HEFA is the largest segment, occupied for a share of about 94%. And in terms of application, Commercial Aircraft has a share about 94 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Sustainable Aviation Fuel (SAF) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
HEFA
G+FT
AtJ
Other

Segmentation by Application:
Commercial Aircraft
Military Aircraft
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Neste
World Energy
TotalEnergies
Honeywell
SkyNRG
LanzaJet
Swedish Biofuels AB
Eni
Virent

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bio-based Sustainable Aviation Fuel (SAF) market?

What factors are driving Bio-based Sustainable Aviation Fuel (SAF) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bio-based Sustainable Aviation Fuel (SAF) market opportunities vary by end market size?

How does Bio-based Sustainable Aviation Fuel (SAF) break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.