Sustainable Aviation Fuel is a biofuel and this is used to power aircraft that has similar properties to conventional jet fuel but with a smaller carbon footmark. SAF can be made with a variety of technologies, which use physical, biological, and chemical reactions to break down biomass and waste resources and to reunite them into energy-dense hydrocarbons like conventional jet fuel.Factors such as increase in the number of airline passengers, increasing disposable income, increase in air traffic, and increase in the use of synthetic lubricants are fueling the growth of the Sustainable Aviation Fuel Market. As such, most travelers around the world prefer to travel by air over other traditional modes of transportation such as road and sea as it is the safest and fastest mode of transportation with few canceled flights. This makes air travel more reliable than other modes of transport and provides a comfortable experience during travel.Sustainable Aviation Fuel Market was valued at US$ 1.1 Billion in 2024 and is projected to grow at a CAGR of 11.60% to reach US$ 3.0 Billion by 2034.

The report " Sustainable Aviation Fuel Market, By Fuel Type (Biofuel, Hydrogen Fuel, and Power to Liquid Fuel), By Biofuel Manufacturing Technology (Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), and Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)), By Biofuel Blending Capacity (Below 30%, 30% to 50%, and Above 50%), By Platform (Commercial Aviation, Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicle) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034’’

Key Highlights:

• In August 2020, Gevo, Inc. entered into a binding renewable hydrocarbons purchase and sale agreement with Trafigura Trading LLC, a wholly owned subsidiary of Trafigura Group Pte Ltd. The deal will allow Trafigura to supply SAF both in the US and internationally. Consumer interest in low carbon jet fuel is increasing.
• In December 2019, World Energy partnered with Shell and Air France to supply SAF for flights from San Francisco. This collaboration between Air France, World Energy and Shell exemplifies the growth in demand for SAF.

Analyst View:

Synthetic lubricants ensure thermal stability, increased power efficiency, better performance under extreme conditions and resistance to oxidation, thereby fueling the growth of the sustainable aviation market. Synthetic lubricants also provide increased resistance to frictional wear of expensive aircraft components and higher lubricant service life, driving the market to grow positively worldwide. Moreover, companies developing sustainable aviation fuels have implemented developmental strategies to provide advanced and high performance lubricants, which complement the growth of sustainable aviation fuels in the target market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Sustainable Aviation Fuel Market, By Fuel Type (Biofuel, Hydrogen Fuel, and Power to Liquid Fuel), By Biofuel Manufacturing Technology (Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), and Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP), By Biofuel Blending Capacity (Below 30%, 30% to 50%, and Above 50%), By Platform (Commercial Aviation, Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicle) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

Key Market Insights from the report:

Sustainable Aviation Fuel Market was valued at US$ 1.1 Billion in 2024 and is projected to grow at a CAGR of 11.60% to reach US$ 3.0 Billion by 2034.. The Sustainable Aviation Fuel Market is segmented based on Fuel Type, Biofuel Manufacturing technology, Biofuel Blending Capacity, platform and Region.

• Based on Type, Sustainable Aviation Fuel Market is segmented into Biofuel, Hydrogen Fuel and Power to Liquid Fuel.
• Based on Biofuel Manufacturing Technology, Sustainable Aviation Fuel Market is segmented into Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK), Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK), and Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP).
• Based on Biofuel Blending Capacity, Sustainable Aviation Fuel Market is segmented into below 30%, 30% to 50%, and above 50%.
• Based on Platform, Sustainable Aviation Fuel Market is segmented into Commercial Aviation, Military Aviation, Business & General Aviation, and Unmanned Aerial Vehicle.

• By Region, the Sustainable Aviation Fuel Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Sustainable Aviation Fuel Market:

The prominent players operating in the Sustainable Aviation Fuel Market include  Aurubis AG, Electronic Recyclers International, Inc., Sims Metal Management Limited, Umicore S.A., Boliden AB, MBA Polymers, Inc., Stena Metall AB, Enviro-Hub Holdings Ltd., Global Electric Electronic Processing Inc., and Tetronics International Ltd.

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