Automotive Systems
Global Sustainable Aviation Fuel Market to 2032
Revenue, 2024 (USD Million)
1,479.04
Forecast, 2032 (USD Million)
27,766.90
CAGR, 2024 - 2032
38.79%
Report Coverage
Global
Global Sustainable Aviation Fuel Market 2018-2032 USD Million
Global Sustainable Aviation Fuel Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 1,479.04 USD Million
- Projected Market Size (2032): 27,766.90 USD Million
- CAGR (2024-2032): 38.79%
Key Findings of Global Sustainable Aviation Fuel Market
- The Global Sustainable Aviation Fuel Market is likely to grow at a CAGR of 38.79% during the forecast period of 2024 to 2032.
- Global Sustainable Aviation Fuel Marketsize was valued at 1,479.04 USD Million in 2024.
- In 2024, Commercial Aviation segment dominated the market with the largest market share.
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) in the product segment is expected to witness the fastest growth during the forecast period.
Global Sustainable Aviation Fuel Market Scope
Global Sustainable Aviation Fuel Market Segmentation & Scope
Blending Platform
- Unmanned Aerial Vehicle
- Military Aviation
- Business & General Aviation
- Commercial Aviation
Fuel Type
- Power to Liquid Fuel
- Hydrogen Fuel
- Bio Fuel
Manufacturing Technology
- Catalytic Hydrothermolysis Jet (CHJ)
- Alcohol to Jet SPK (ATJ-SPK)
- Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
- Synthetic ISO-Paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
- Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
- Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)
Blending Capacity
- Above 50%
- 30 % to 50 %
- Below 30%
Global Sustainable Aviation Fuel Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 1,479.04 USD Million |
| Market Value in 2032 | 27,766.90 USD Million |
| CAGR (2024-2032) | 38.79% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Blending Platform,Fuel Type,Manufacturing Technology,Blending Capacity |
| Largest Segment | Commercial Aviation |
| Fastest Growing Segment | Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK) |
| Major Players | Neste, Johnson Matthey, TotalEnergies, Preem AB, Sasol, BP p.l.c., Avfuel Corporation, Cepsa, Chevron Corporation, Exxon Mobil Corporation, Eni SpA, Others |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Commercial Aviation
- Fastest Growing Segment (2024-2032): Hydroprocessed Fatty Acid Easters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Sustainable Aviation Fuel Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Neste | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Johnson Matthey | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| TotalEnergies | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Preem AB | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Sasol | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| BP p.l.c. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Avfuel Corporation | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Cepsa | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Chevron Corporation | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Exxon Mobil Corporation | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Eni SpA | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Sustainable Aviation Fuel Market Geographical Sales Distribution, 2018-2032 USD Million
Global Sustainable Aviation Fuel Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Sustainable Aviation Fuel Market is segmented based on Segmentation Blending Platform,Fuel Type,Manufacturing Technology,Blending Capacity.
Global Sustainable Aviation Fuel Market was valued at USD 1,479.04(Revenue in USD Million) in 2021.
Global Sustainable Aviation Fuel Market is projected to grow at a CAGR of 38.79% during the forecast period of 2024 to 2032.
The estimated market value of the Global Sustainable Aviation Fuel Market for final year is USD 27,766.90 (USD Million).
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