1、 2025 SAF MARKET OUTLOOK By SkyNRG and ICF It is with great pride that we present SkyNRGs fifth Sustainable Aviation Fuel(SAF)Market Outlook;this years edition is particularly special as it has been developed in close collaboration with ICF.We started the development of the Market Outlook in 2020 as

2、 an internal strategy document.We decided to make it available externally to help build a general understanding of the status of the SAF market and requirements to scale its production.This years edition will also serve as input for the companys long-term strategy.To capture longer-term dynamics,we

3、have extended our analysis,underscoring the continued need to accelerate SAF production on multiple production pathways and grow the SAF production base towards 2050.To enable this,robust policy frameworks will be necessary in all main regions,along with additional support on top of mandates for off

4、takers,technology developers,and EPC contractors.It has been our pleasure to work with SkyNRG in this flagship SAF Market Outlook report.The SAF market is evolving rapidly across the world.With mandates now in effect in the EU and UK,and a wave of ambitious SAF policies emerging worldwide,momentum c

5、ontinues to build as we enter a new era for SAF.Hundreds of SAF production facilities have been announced,signaling strong investor and industry confidence.However,continued policy support and activity is needed to meet the long term SAF targets as highlighted in this report.The SAF Market Outlook r

6、eport has become a flagship reference for the SAF community offering timely insights,trend analysis,and projections on how the industry is likely to evolve.It has been a privilege to collaborate with SkyNRG,a pioneer and leader in the field,on this report and to continue to support the decarbonizati