The Renewable Aviation Fuel Market size is estimated at USD 6.58 billion in 2024, and is expected to reach USD 45.37 billion by 2029, growing at a CAGR of 47.16% during the forecast period (2024-2029).
The market was negatively impacted by COVID-19 in 2020. Presently the market has reached pre-pandemic levels.
The renewable aviation fuel market is moderately fragmented. Some of the major players in the market (in no particular order) include TotaEnergies SE, Neste Oyj, Swedish Biofuels AB, Gevo Inc., and SG Preston Company.
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