Aerospace & Defense Global On demand · 24-48h

Global Biodiesel and Sustainable Aviation Fuel (SAF) Market Strategic Research Report

Global Biodiesel and Sustainable Aviation Fuel (SAF) Market …
$3,500 USD
Market Research Reports
Strategic Research Report
Global Biodiesel and Sustainable Aviation Fuel (SAF) Market
$85.68B2025
6.5%CAGR
2032Forecast
Market Research Reports · Global
Market Research Reports Intelligence Series

By Type: Biodiesel, Sustainable Aviation Fuel (SAF)

By Application: Vehicle Fuels, Industrial Fuels, Chemical Industry, SAF

Regional Forecast: Asia Pacific, Latin America, MEA, Europe, North America

Key Players: Renewable Energy Group, Neste, ADM, Cargill, Valero Energy, Louis Dreyfus, Groupe Avril, Ag Processing, Wilmar International, Bunge, Greenergy, Verbio, Argent Energy, Moeve, Marathon Petroleum Corporation, Zhuoyue New Energy, Jiaao Enprotech, Hebei Jingu, Anhui Tianyi, Shanghai Zhongqi, Tangshan Jinlihai, Shandong Fenghui, Longhai Bioenergy

Region: Global
Formats: PDF, Excel, Word & PowerPoint
Base year: 2025 · forecast to 2032
Length: 148 pages
Market size 2025
$85.68B
Billion USD
Forecast CAGR
6.5%
2025-2032
Forecast 2032
$133.1B
Projected
Regiones
5
Asia Pacific · Latin America · MEA · Europe · North America

Vista general

Scope of the Report

The global Biodiesel and Sustainable Aviation Fuel (SAF) market size is predicted to grow from US$ 85,678 million in 2025 to US$ 130,047 million in 2032; it is expected to grow at a CAGR of 6.5% from 2026 to 2032.

In 2025, global sales of biodiesel and sustainable aviation fuel (SAF) are projected to reach 65.45 million tons, with an average price of $1,338 per ton.

Biodiesel and sustainable aviation fuel (SAF) are renewable fuels derived from sources such as vegetable oils, animal fats, waste cooking oils, and agricultural residues. Biodiesel is primarily used in diesel engines, while SAF is designed for aviation use, both offering lower carbon emissions and serving as sustainable alternatives to fossil fuels.

The feedstock sources for biodiesel and SAF (Sustainable Aviation Fuel) overlap significantly, primarily comprising waste oils and fats (such as used cooking oil and animal fats), vegetable oils (including rapeseed, palm, and soybean oils), and agricultural and forestry residues. China possesses abundant waste oil and fat resources, with an annual supply of approximately 4 to 6 million tons; as the world's largest exporter of waste oils and fats, the country provides a robust feedstock foundation for the production of both biodiesel and SAF. Feedstock costs constitute the dominant component—accounting for roughly 70% to 85%—of the total production costs for both fuels. Consequently, fluctuations in the price of waste oils and fats directly impact product economics; for instance, under the HEFA production pathway, feedstock costs account for over 80% of the total SAF production cost.

Regarding cost structure, conventional biodiesel (FAME) is produced via a transesterification process, which entails relatively low capital investment in equipment; however, the resulting product contains oxygen and exhibits poor low-temperature flow properties, leading to limited profit margins. In contrast, second-generation biodiesel (HVO) and SAF (produced via the HEFA pathway) utilize a hydrodeoxygenation and isomerization process. While this method requires higher capital intensity, it yields products with superior performance characteristics and significantly higher added value. Currently, the production cost of SAF (HEFA) is approximately two to three times that of conventional jet fuel. Feedstock costs account for the largest share of this total, while hydrogen consumption and catalyst replacement represent other significant cost components. Notably, a single hydrogenation unit can be flexibly configured—by adjusting fractionation cut points—to produce either HVO or SAF, thereby enabling the optimization of the product portfolio. Furthermore, the high-value utilization of byproducts—such as glycerol (from the FAME pathway) or naphtha/diesel (from the HEFA pathway)—can further enhance overall economic viability. As mandatory blending policies (such as the EU's *ReFuelEU* initiative) are implemented and economies of scale begin to take effect, the cost competitiveness of both fuels is expected to improve gradually.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biodiesel and Sustainable Aviation Fuel (SAF) market?

What factors are driving Biodiesel and Sustainable Aviation Fuel (SAF) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biodiesel and Sustainable Aviation Fuel (SAF) market opportunities vary by end market size?

How does Biodiesel and Sustainable Aviation Fuel (SAF) break out by Type, by Application?

This report presents a comprehensive overview of the global Biodiesel and Sustainable Aviation Fuel (SAF) market, covering market size and forecast, segmentation by product type and application, competitive landscape, leading players and regional and country-level outlook.

Segment by Type

  • Biodiesel
  • Sustainable Aviation Fuel (SAF)

Segment by Raw Materials

  • Edible Vegetable Oil
  • Waste Oils/Fats
  • Others

Segment by Chemical Composition

  • Ester-based Fuels
  • Alkane-based Fuels
  • Synthetic Hydrocarbons

Segment by Application

  • Vehicle Fuels
  • Industrial Fuels
  • Chemical Industry
  • SAF

Who Can Use This Report?

This report is written for decision-makers who need a clear, data-backed view of the global Biodiesel and Sustainable Aviation Fuel (SAF) market:

  • Manufacturers, suppliers and solution providers benchmarking their position and planning product, capacity and go-to-market strategy
  • Distributors, channel partners and end users in Vehicle Fuels, Industrial Fuels, Chemical Industry evaluating demand and sourcing options
  • Investors, financial analysts and consultants assessing growth opportunities, competitive dynamics and M&A potential
  • Government agencies, industry associations and research institutions tracking industry developments and policy impact

Market snapshot

Global Biodiesel and Sustainable Aviation Fuel (SAF) Market Strategic Research Report snapshot, 2025–2032

Source: Market Research Reports
Market size CAGR 6.5%
Regional growth momentum
Market share by segment
Key metrics
Base value
$85.68B
2025
Forecast
$133.1B
2032
CAGR
6.5%
2025–2032
Regiones
5
global
Key companies
Renewable Energy GroupNesteADMCargillValero EnergyLouis DreyfusGroupe AvrilAg Processing
© MarketResearchReports.comDisclaimer: The actual data may vary in the final report which undergoes verification check post order confirmation.

Segments covered in this report

By Type
BiodieselSustainable Aviation Fuel (SAF)
By Application
Vehicle FuelsIndustrial FuelsChemical IndustrySAF

Table of contents

Click a chapter to expand
01Executive Summary
02Industry Overview & Forecast
  • 2.1.1 Market Definition and Scope
  • 2.1.2 Market Size and Growth Forecast
  • 2.1.3 Volume Analysis
  • 2.1.4 Segment Outlook by Type
  • 2.1.5 Segment Outlook by Application
  • 2.1.6 Regional Outlook
  • 2.1.7 Structural Developments Shaping the Forecast
  • 2.1.8 Forecast Risks and Sensitivities
03Market Segmentation by Type
  • 3.1 Market Segmentation by Type
  • 3.1.1 Market by Type Overview
  • 3.1.2 Biodiesel
  • 3.1.3 Sustainable Aviation Fuel (SAF)
  • 3.1.4 Volume Analysis
04Market Segmentation by Application
  • 4.1 Market Segmentation by Application
  • 4.1.1 Market by Application Overview
  • 4.1.2 Vehicle Fuels
  • 4.1.3 Industrial Fuels
  • 4.1.4 Chemical Industry
  • 4.1.5 SAF
  • 4.1.6 Volume Analysis
05Regional Market Forecast
  • Asia Pacific
  • North America
  • Europe
  • Middle East & Africa
  • Latin America
06Country-Level Market Forecast
  • 6.1 Asia Pacific
  • 6.1.1 China
  • 6.1.2 Japan
  • 6.1.3 Korea
  • 6.1.4 Southeast Asia
  • 6.1.5 India
  • 6.1.6 Australia
  • 6.1.7 Rest of Asia Pacific
  • 6.2 North America
  • 6.2.1 United States
  • 6.2.2 Canada
  • 6.2.3 Mexico
  • 6.2.4 Rest of North America
  • 6.3 Europe
  • 6.3.1 Germany
  • 6.3.2 France
  • 6.3.3 UK
  • 6.3.4 Italy
  • 6.3.5 Russia
  • 6.3.6 Rest of Europe
  • 6.4 Middle East & Africa
  • 6.4.1 Egypt
  • 6.4.2 South Africa
  • 6.4.3 Israel
  • 6.4.4 Turkey
  • 6.4.5 GCC Countries
  • 6.4.6 Rest of Middle East & Africa
  • 6.5 Latin America
  • 6.5.1 Brazil
  • 6.5.2 Rest of Latin America
07Growth Drivers & Inhibitors
  • 7.1 Growth Drivers & Inhibitors
  • 7.1.1 Section Overview
  • 7.1.2 Growth Drivers
  • 7.1.3 Growth Inhibitors
  • 7.1.4 Driver and Inhibitor Impact Assessment
  • 7.1.5 Analyst Perspective
08Key Company Profiles
  • 8.1 Renewable Energy Group
  • 8.1.1 Company Overview
  • 8.1.2 Key Products & Segments
  • 8.1.3 Financial Performance (2023–2025)
  • 8.1.4 Business Strategy
  • 8.1.5 SWOT Analysis
  • 8.1.6 Strategic Implications (2026–2032)
  • 8.2 Neste
  • 8.2.1 Company Overview
  • 8.2.2 Key Products & Segments
  • 8.2.3 Financial Performance (2023–2025)
  • 8.2.4 Business Strategy
  • 8.2.5 SWOT Analysis
  • 8.2.6 Strategic Implications (2026–2032)
  • 8.3 ADM
  • 8.3.1 Company Overview
  • 8.3.2 Key Products & Segments
  • 8.3.3 Financial Performance (2023–2025)
  • 8.3.4 Business Strategy
  • 8.3.5 SWOT Analysis
  • 8.3.6 Strategic Implications (2026–2032)
  • 8.4 Cargill
  • 8.4.1 Company Overview
  • 8.4.2 Key Products & Segments
  • 8.4.3 Financial Performance (2023–2025)
  • 8.4.4 Business Strategy
  • 8.4.5 SWOT Analysis
  • 8.4.6 Strategic Implications (2026–2032)
  • 8.5 Valero Energy
  • 8.5.1 Company Overview
  • 8.5.2 Key Products & Segments
  • 8.5.3 Financial Performance (2023–2025)
  • 8.5.4 Business Strategy
  • 8.5.5 SWOT Analysis
  • 8.5.6 Strategic Implications (2026–2032)
  • 8.6 Louis Dreyfus
  • 8.6.1 Company Overview
  • 8.6.2 Key Products & Segments
  • 8.6.3 Financial Performance (2023–2025)
  • 8.6.4 Business Strategy
  • 8.6.5 SWOT Analysis
  • 8.6.6 Strategic Implications (2026–2032)
  • 8.7 Groupe Avril
  • 8.7.1 Company Overview
  • 8.7.2 Key Products & Segments
  • 8.7.3 Financial Performance (2023–2025)
  • 8.7.4 Business Strategy
  • 8.7.5 SWOT Analysis
  • 8.7.6 Strategic Implications (2026–2032)
  • 8.8 Ag Processing
  • 8.8.1 Company Overview
  • 8.8.2 Key Products & Segments
  • 8.8.3 Financial Performance (2023–2025)
  • 8.8.4 Business Strategy
  • 8.8.5 SWOT Analysis
  • 8.8.6 Strategic Implications (2026–2032)
  • 8.9 Wilmar International
  • 8.9.1 Company Overview
  • 8.9.2 Key Products & Segments
  • 8.9.3 Financial Performance (2023–2025)
  • 8.9.4 Business Strategy
  • 8.9.5 SWOT Analysis
  • 8.9.6 Strategic Implications (2026–2032)
  • 8.10 Bunge
  • 8.10.1 Company Overview
  • 8.10.2 Key Products & Segments
  • 8.10.3 Financial Performance (2023–2025)
  • 8.10.4 Business Strategy
  • 8.10.5 SWOT Analysis
  • 8.10.6 Strategic Implications (2026–2032)
  • 8.11 Greenergy
  • 8.11.1 Company Overview
  • 8.11.2 Key Products & Segments
  • 8.11.3 Financial Performance (2023–2025)
  • 8.11.4 Business Strategy
  • 8.11.5 SWOT Analysis
  • 8.11.6 Strategic Implications (2026–2032)
  • 8.12 Verbio
  • 8.12.1 Company Overview
  • 8.12.2 Key Products & Segments
  • 8.12.3 Financial Performance (2023–2025)
  • 8.12.4 Business Strategy
  • 8.12.5 SWOT Analysis
  • 8.12.6 Strategic Implications (2026–2032)
  • 8.13 Argent Energy
  • 8.13.1 Company Overview
  • 8.13.2 Key Products & Segments
  • 8.13.3 Financial Performance (2023–2025)
  • 8.13.4 Business Strategy
  • 8.13.5 SWOT Analysis
  • 8.13.6 Strategic Implications (2026–2032)
  • 8.14 Moeve
  • 8.14.1 Company Overview
  • 8.14.2 Key Products & Segments
  • 8.14.3 Financial Performance (2023–2025)
  • 8.14.4 Business Strategy
  • 8.14.5 SWOT Analysis
  • 8.14.6 Strategic Implications (2026–2032)
  • 8.15 Marathon Petroleum Corporation
  • 8.15.1 Company Overview
  • 8.15.2 Key Products & Segments
  • 8.15.3 Financial Performance (2023–2025)
  • 8.15.4 Business Strategy
  • 8.15.5 SWOT Analysis
  • 8.15.6 Strategic Implications (2026–2032)
  • 8.16 Zhuoyue New Energy
  • 8.16.1 Company Overview
  • 8.16.2 Key Products & Segments
  • 8.16.3 Financial Performance (2023–2025)
  • 8.16.4 Business Strategy
  • 8.16.5 SWOT Analysis
  • 8.16.6 Strategic Implications (2026–2032)
  • 8.17 Jiaao Enprotech
  • 8.17.1 Company Overview
  • 8.17.2 Key Products & Segments
  • 8.17.3 Financial Performance (2023–2025)
  • 8.17.4 Business Strategy
  • 8.17.5 SWOT Analysis
  • 8.17.6 Strategic Implications (2026–2032)
  • 8.18 Hebei Jingu
  • 8.18.1 Company Overview
  • 8.18.2 Key Products & Segments
  • 8.18.3 Financial Performance (2023–2025)
  • 8.18.4 Business Strategy
  • 8.18.5 SWOT Analysis
  • 8.18.6 Strategic Implications (2026–2032)
  • 8.19 Anhui Tianyi
  • 8.19.1 Company Overview
  • 8.19.2 Key Products & Segments
  • 8.19.3 Financial Performance (2023–2025)
  • 8.19.4 Business Strategy
  • 8.19.5 SWOT Analysis
  • 8.19.6 Strategic Implications (2026–2032)
  • 8.20 Shanghai Zhongqi
  • 8.20.1 Company Overview
  • 8.20.2 Key Products & Segments
  • 8.20.3 Financial Performance (2023–2025)
  • 8.20.4 Business Strategy
  • 8.20.5 SWOT Analysis
  • 8.20.6 Strategic Implications (2026–2032)
  • 8.21 Tangshan Jinlihai
  • 8.21.1 Company Overview
  • 8.21.2 Key Products & Segments
  • 8.21.3 Financial Performance (2023–2025)
  • 8.21.4 Business Strategy
  • 8.21.5 SWOT Analysis
  • 8.21.6 Strategic Implications (2026–2032)
  • 8.22 Shandong Fenghui
  • 8.22.1 Company Overview
  • 8.22.2 Key Products & Segments
  • 8.22.3 Financial Performance (2023–2025)
  • 8.22.4 Business Strategy
  • 8.22.5 SWOT Analysis
  • 8.22.6 Strategic Implications (2026–2032)
  • 8.23 Longhai Bioenergy
  • 8.23.1 Company Overview
  • 8.23.2 Key Products & Segments
  • 8.23.3 Financial Performance (2023–2025)
  • 8.23.4 Business Strategy
  • 8.23.5 SWOT Analysis
  • 8.23.6 Strategic Implications (2026–2032)
09Competitive Landscape
  • 9.1 Competitive Landscape Overview
  • 9.2 Competitive Intensity Assessment
  • 9.3 Key Player Strategies & Positioning
  • 9.4 Competitive Dynamics & Strategic Outlook
  • 9.4.1 Emerging Competitive Threats
  • 9.4.2 Consolidation vs. Fragmentation Outlook
  • 9.4.3 Competitive Response Matrix
  • 9.4.4 Strategic Recommendations, 2026–2032
10Porter's Five Forces Analysis
  • 10.1 Threat of New Entrants
  • 10.2 Bargaining Power of Buyers
  • 10.3 Bargaining Power of Suppliers
  • 10.4 Threat of Substitutes
  • 10.5 Competitive Rivalry
11PESTLE Analysis
  • 11.1 Political
  • 11.2 Economic
  • 11.3 Social and Demographic
  • 11.4 Technological
  • 11.5 Legal and Regulatory
  • 11.6 Environmental
  • 11.7 Strategic Implications of the PESTLE Assessment
12SWOT Analysis
13Future Trends & Outlook
  • 13.1 Future Trends & Outlook
  • 13.1.1 Trend Summary and Commercial Maturity Assessment
  • 13.1.2 Technology and Innovation Trends
  • 13.1.3 Long-Term Market Outlook
  • 13.1.4 Investment & M&A Activity Outlook
  • 13.1.5 Overall Outlook Assessment

Frequently asked questions

What is the current global Biodiesel and Sustainable Aviation Fuel (SAF) market size?
The global Biodiesel and Sustainable Aviation Fuel (SAF) market is estimated at US$ 85.68 billion in 2025 (base year) and is projected to reach US$ 130.05 billion by 2032.
What growth rate is expected for the Biodiesel and Sustainable Aviation Fuel (SAF) market through 2032?
The market is expected to grow at a CAGR of 6.5% from 2026 to 2032, expanding from US$ 85.68 billion in 2025 to US$ 130.05 billion in 2032, roughly 1.5 times its base-year value.
How is Biodiesel and Sustainable Aviation Fuel (SAF) defined?
In 2025, global sales of biodiesel and sustainable aviation fuel (SAF) are projected to reach 65.45 million tons, with an average price of $1,338 per ton.
What are the main segments of the Biodiesel and Sustainable Aviation Fuel (SAF) market by type?
By type, the market is segmented into Biodiesel and Sustainable Aviation Fuel (SAF).
Which applications drive demand in the Biodiesel and Sustainable Aviation Fuel (SAF) market?
Key applications covered include Vehicle Fuels, Industrial Fuels, Chemical Industry and SAF.
Who are the key players in the Biodiesel and Sustainable Aviation Fuel (SAF) market?
Key players profiled include Renewable Energy Group, Neste, ADM, Cargill, Valero Energy, Louis Dreyfus, Groupe Avril and Ag Processing, among 23 companies covered in total.
Which regions and countries are covered for Biodiesel and Sustainable Aviation Fuel (SAF)?
The market is analysed across Asia Pacific, North America, Europe, Middle East & Africa and Latin America, with 20 country-level markets including China, Japan, United States, Canada, Germany, France, Egypt and South Africa.
What is driving growth in the Biodiesel and Sustainable Aviation Fuel (SAF) market?
What factors are driving Biodiesel and Sustainable Aviation Fuel (SAF) market growth, globally and by region?
Who should buy the Biodiesel and Sustainable Aviation Fuel (SAF) market report?
The report is intended for manufacturers and solution providers, distributors and end users in Vehicle Fuels, Industrial Fuels and Chemical Industry, investors and consultants, and government or industry bodies who need market size, segmentation, competitive and regional data for the Biodiesel and Sustainable Aviation Fuel (SAF) market.
What license options are available for this report?
The report is available as a Single User License (US$ 3,500, one named user), a Site License (US$ 5,250, up to 10 users) and a Global / Corporate License (US$ 7,000, unlimited users), all delivered in PDF format.

Research Methodology

All MarketResearchReports.com strategic research reports follow a rigorous, multi-stage methodology combining AI-assisted data synthesis with expert analyst validation.

01
Secondary Research & Data Aggregation

Systematic collection from 500+ verified sources including SEC filings, industry databases (Bloomberg, Statista, OECD), regulatory filings, trade publications, patent databases, and company annual reports. AI-assisted extraction identifies relevant data points across 10,000+ documents per report.

02
Market Sizing — Bottom-Up & Top-Down

Dual-validation approach: bottom-up sizing aggregates segment-level production, consumption, and trade data; top-down sizing cross-validates against macroeconomic indicators and total addressable market estimates. Discrepancies >5% trigger analyst review.

03
Competitive Intelligence

Company profiles built from public financial disclosures, product launches, M&A activity, job postings (as capability proxies), and supply chain mapping. Market share estimates triangulated across revenue, capacity, and shipment data.

04
Demand Forecasting

CAGR projections use time-series regression on 5-10 years of historical data, adjusted for identified demand drivers (technology adoption curves, regulatory catalysts, demographic shifts) and demand inhibitors (cost barriers, substitution risk). Scenario modeling covers base, optimistic, and conservative cases.

05
Analyst Validation & Quality Assurance

All quantitative outputs reviewed by a domain-specialist analyst before publication. Data triangulation requires minimum 3 independent sources for every key figure. Reports undergo a structured peer review against our 47-point quality checklist covering methodology, data citations, logical consistency, and formatting standards.

06
Continuous Updates

On-demand reports are generated at time of purchase, incorporating the most recent available data. Static reports are republished when underlying market conditions shift by >10% from baseline assumptions. Purchasers receive update notifications for 12 months.

Select a license
from 3.500,00 US$
Report License Type
Optional add-ons
On demand · delivered within 24-48 hours
Secure checkout · SSL encrypted
License terms included
Post-purchase analyst support
Custom research

Need a customized version?

Get country-, segment- or company-specific intelligence tailored to your exact requirements.

Request custom research →
Talk to a research advisor USA: +1-302-703-9904 India: +91-8762746600
Trusted by

Leading Brands in This Industry

Logos are trademarks of their respective owners and indicate a verified past business relationship, not a current partnership or endorsement.