Low-Carbon Fuels Sector Experiencing Massive Growth with Overall Revenues Projected to Exceed $300 Billion By 2030
DevvStream Corp. (DEVS)
Company Research
Source: PR Newswire
MarketNewsUpdates News CommentaryNEW YORK, Dec. 16, 2025 /PRNewswire/ -- A report from MarketsAndMarkets said that the global sustainable fuel market in terms of revenue was estimated to be worth $193.8 billion in 2024 and is poised to reach $299.9 billion by 2029, growing at a CAGR of 9.1% from 2024 to 2029. Rising concerns about climate change, stringent government regulations to reduce carbon emissions and reduced dependency on fossil fuels are few of the factors accelerating the growth of sustainable fuel market. According to other industry data, the low-carbon fuels market is experiencing massive growth, with the overall sustainable/low-carbon fuel market projected from approximately USD 190-200 Billion (2024/2025) to over $300 Billion by 2029-2030, driven by biofuels and advanced fuels (especially SAF) with CAGRs often above 30-60%. Specific segments like Sustainable Aviation Fuel (SAF) could hit over $350B by 2035, while Carbon Capture (CCS) markets are forecast to reach $50B+
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- DevvStream, Southern Energy, and XCF Global Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF Strategy [Yahoo! Finance]Yahoo! Finance
- DevvStream, Southern Energy, and XCF Global Announce Plan to Pursue Strategic Collaboration to Build Integrated Low-Carbon Fuels Platform and Advance Multi-Pathway SAF StrategyBusiness Wire
- Louisiana Community Development Authority Authorizes up to $402 Million in Revenue Bonds for Southern Energy Renewables’ Louisiana Fuel ProjectBusiness Wire
- DevvStream and Southern Energy Renewables Announce Business Combination Targeting Low-Cost Production of Carbon-Negative SAF and Green Methanol [Yahoo! Finance]Yahoo! Finance
- DevvStream and Southern Energy Renewables Announce Business Combination Targeting Low-Cost Production of Carbon-Negative SAF and Green MethanolBusiness Wire