Renewable aviation fuel market seen jumping to $11.83 billion by 2030

The Business Research Company says the renewable aviation fuel market is on track to climb from $2.54 billion in 2025 to $11.83 billion by 2030, driven by decarbonization pressure, higher crude prices and more investment in production and blending. North America led the market in 2025, while Asia-Pacific is forecast to grow the fastest.

Why it matters: - Renewable aviation fuel is becoming a key path for airlines trying to cut emissions without replacing existing aircraft fleets or airport infrastructure. - The market’s projected growth signals faster commercialization of sustainable aviation fuel and related production capacity. - Higher crude oil prices add another economic push toward alternatives to conventional jet fuel.

What happened: - The Business Research Company released a forecast report on the global renewable aviation fuel market on September 29, 2026. - The market is projected to grow from $2.54 billion in 2025 to $3.47 billion in 2026. - The report forecasts the market will reach $11.83 billion by 2030. - The forecast implies a 36.3% CAGR from 2025 to 2026 and a 35.9% CAGR through 2030. - The report includes a free sample and a full market report available online: Download the free sample and View the full report.

The details: - Renewable aviation fuel is produced from biomass, waste oils, agricultural waste and other non-fossil feedstocks. - The fuel is designed to reduce greenhouse gas emissions while remaining compatible with existing aircraft engines and aviation infrastructure. - The report ties near-term growth to rising aviation fuel consumption, stronger government support for low-carbon fuels, higher biofuel production capacity and greater use of waste-based feedstocks. - Longer-term growth drivers include more investment in renewable fuel production facilities, wider use of advanced blending technologies, commercial aviation decarbonization efforts and progress in hydrogen-based aviation fuels. - The report points to several industry trends, including new sustainable aviation fuel pathways, greater use of waste-derived feedstocks, more commercial renewable fuel plants, expanded blending infrastructure and a focus on higher-energy-density fuels. - The report says crude oil price increases are helping the case for renewable aviation fuel. - Brent crude rose from an average of $78 per barrel in December 2023 to $89 per barrel in April 2024, according to U.S. Energy Information Administration data cited in the report. - In the report’s regional view, North America held the largest market share in 2025. - Asia-Pacific is forecast to be the fastest-growing region during the forecast period. - The report also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

Between the lines: - The report frames renewable aviation fuel as a market shaped by both policy pressure and economics. - Decarbonization goals are pushing airlines and fuel suppliers toward low-carbon alternatives, while higher oil prices make the switch more attractive. - The emphasis on blending infrastructure and production scale suggests the market is still building the supply chain needed for broad adoption.

What's next: - The report expects continued investment in production capacity, blending systems and new fuel pathways. - Commercial adoption will likely track policy support, feedstock availability and the speed of new plant deployment. - The company says its 2026 report set includes market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel-based forecasting dashboards, market hotspots infographics and updated graphics and tables.

The bottom line: - Renewable aviation fuel is shifting from a niche decarbonization option to a fast-growing global market, with the strongest upside tied to scale, infrastructure and aviation’s push to cut emissions.