What Happened
Global Demand for Renewable Aviation Fuels Drives Market Growth
The global sustainable aviation fuel market is expected to experience rapid growth, with a projected compound annual growth rate of 45.3% from 2026 to 2031. This growth is driven by the aviation industry’s efforts to reduce carbon emissions and meet sustainability targets, as well as government support through blending mandates and emission reduction policies. The market is expected to expand from $4.86 billion in 2026 to $31.45 billion by 2031, with the above 30% biofuel blending capacity segment and military aircraft segment leading the growth. This report was first published by ResearchAndMarkets.com.