In India, Data Bridge Market Research reported that the sustainable aviation fuel market in Asia Pacific is expected to reach a value of $1.95 billion by 2029,
The market is expected to grow at a CAGR of 42.1% during the 2022-2029 period.
“China dominates the Asia-Pacific sustainable aviation fuel market. The demand in this region is projected to be driven by increase in demand for sustainable aviation fuel by airlines. In addition, increasing government acts as a major driving factor for sustainable aviation fuel in Japan. The demand in this region is projected to be driven by the increased demand for reduction in carbon footprints because of growing air traffic,” the report said.
More on the story.
