In Delaware, a report by Global Market Insights stated that the global sustainable aviation fuel market could reach $32.9 billion by 2032. The market is expected to register 45% CAGR between 2024 and 2032, the report stated. As per the report, escalating investments in research and development and launches in production technologies will catalyze the industry growth of sustainable aviation fuel over 2023–2032. “Advanced technologies are fostering innovation in SAF production, improving efficiency, and driving down costs. These investments propel the industry towards sustainable practices and position it for sustained growth,” the report added.
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