Global SAF market to reach $17 billion by 2035, research finds
In New York, Market Research Future reported that the sustainable aviation fuel market is forecast to register a CAGR of 25.2% to reach $17.01 billion during 2026 to 2035.
By 2030, the global SAF market will likely see production capacity exceed 10 million metric tons per year as new biorefineries and power-to-liquid facilities reach commercial scale, according to the report.
North America leads the SAF market with a 38% share in 2025, underpinned by production tax credits and refinery conversion investments. Europe holds a 34% share, driven by ReFuelEU mandates, EU ETS revenue recycling, and PtL investment. Asia-Pacific is set to exceed $4.8 billion by 2035, driven by national decarbonization roadmaps across Japan, South Korea, and India, the report added.
Category: SAF
