In California, Meticulous Market Research reported that the global SAF market, valued at $1.45 billion in 2024, is projected to reach $1.85 billion in 2025 and further expand to $39.28 billion by 2035.
The research firm noted that the market is projected to expand at a CAGR of 35% between 2025 and 2035.
“The main force behind the market’s growth is the aviation industry’s commitment to achieve net-zero carbon emissions by 2050. Regulations such as ICAO’s CORSIA, the European Union’s ReFuelEU Aviation initiative, and U.S. federal tax credits for SAF are creating a strong policy framework that drives adoption,” the report stated.
“North America currently leads the global SAF market, accounting for nearly 35-40% of total revenue in 2025. This dominance comes from strong policy support, availability of diverse feedstocks, and the presence of leading producers such as World Energy, Gevo, and LanzaJet,” it added.
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