Global renewable aviation fuel market to reach $3.47 billion by 2026, research finds
In the UK, the Business Research Company said that the global renewable aviation fuel market is anticipated to rise from $2.54 billion in 2025 to $3.47 billion in 2026, reflecting an impressive compound annual growth rate (CAGR) of 36.3%.
Looking ahead, the market is expected to continue its swift ascent, reaching $11.83 billion by 2030 with a CAGR of 35.9%, the report added.
“Drivers for this forecasted growth include the rising demand for sustainable aviation fuel, increased investments in renewable fuel production facilities, adoption of advanced fuel blending technologies, expansion of commercial aviation decarbonization programs, and advancements in hydrogen-based aviation fuels,” the research firm said.
“Key trends anticipated in this period are the development of novel sustainable aviation fuel pathways, wider adoption of waste-derived feedstocks, proliferation of commercial-scale production plants, growing investments in blending infrastructure, and a focus on high-energy-density fuel formulations,” it added.
Category: Fuels
