SAF Will Be $10 Billion Industry by 2029

A study released recently projects the sustainable aviation fuel(SAF)market will reach a value of nearly S10 billion by 2029,with a compound annual growth rate(CAGR)of 60.8 percent.The report by Exactitude Consultancy said the SAF market was worth$85 million last year.SAF is widely considered one of the crucial legs in aviation's decarbonization plans.While it is currently approved for use only up to a 50 percent blend with conventional jet-A,neat SAF can provide lifecycle carbon emission savings of approximately 80 percent,as well as offer even higher reductions of harmful particulates and sulfur.