MENA SAF market to expand at a CAGR of 40.7% in 2022-2029

In India, research firm Prudent Markets reported that the Middle East and Africa (MENA) sustainable aviation fuel market is projected to register a CAGR of 40.7% in the forecast period of 2022 to 2029. Some of the major factors contributing to the growth of the Middle East and Africa sustainable aviation fuel market are the increasing need for reduction in GHG emissions in aviation industry and the Increase in air transportation. The report also stated that the major players in the MEA SAF market are VELOCYS, Avfuel Corporation, Eni, SASOL, Honeywell International Inc., Chevron Corporation, TotalEnergies, Exxon Mobil Corporation, Johnson Matthey, Cepsa, Neste, Preem AB., LanzaTech and BP.

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