Global SAF market to reach $15.7 billion by 2030
November 1, 2023
| Juan Pedro Tomas
In Illinois, Markets and Markets reported that Forecasts indicate that the global SAF market will rise from $219 million in 2021 to $15.7 billion by 2030.
According to the report, the global SAF market is expected to expand at a CAGR of 60.8% during the period.
“The rapid growth of the SAF market is propelled by various drivers, including environmental concerns. The aviation industry’s commitment to reducing carbon emissions and its environmental impact is a significant driver of SAF adoption,” the study said.
“Government regulations and incentives favoring the use of sustainable aviation fuels are encouraging their adoption in the aviation sector,” it added.
Category: SAF
