Global SAF market to reach $2.66 billion by 2032, research finds
In India, QY Research reported that the global SAF market was valued at $1.21 billion in 2025 and is anticipated to reach $2.66 billion by 2032, growing at a CAGR of 8% during the forecast period 2026-2032.
The report noted that North America is an important market due to aviation fuel demand, renewable fuel investment, airline sustainability initiatives, policy incentives, and technology development in low-carbon fuels.
“Europe is one of the leading regions for SAF development, supported by strong climate policy, airline decarbonization pressure, renewable fuel mandates, and investment in green aviation fuel production,” the report said.
“Asia-Pacific is expected to offer growth opportunities due to rising air travel demand, airline fleet expansion, regional decarbonization policies, and future SAF production potential in China, Japan, South Korea, India, Southeast Asia, and Australia,” it added.
Category: SAF
