Fluorine-Free Foams Market

The Global Aircraft Jet Fuel Market was valued at USD 151.41 Billion in 2024 and is projected to reach USD 202.54 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period (2024–2030). This growth is being driven by increasing air travel, rising fuel demands from emerging economies, and the accelerating adoption of Sustainable Aviation Fuel (SAF) solutions across commercial and military aviation sectors.

As the aviation industry transforms toward low-emission operations and sustainable growth, the spotlight is on the key fuel suppliers who are driving innovation, efficiency, and cleaner energy pathways. In this blog, we profile the Top 10 Companies in the Aircraft Jet Fuel Industry—a mix of oil majors, refiners, and SAF pioneers shaping the future of global aviation fuel.

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🔟 1. ExxonMobil Corporation

Headquarters: Irving, Texas, USA
Key Offering: Jet-A, Jet A-1, and Sustainable Aviation Fuel (SAF)

ExxonMobil is among the world’s leading jet fuel suppliers, offering aviation-grade fuel across global markets. Their aviation division serves commercial airlines, business jets, and military aircraft, with growing investments in SAF technology such as algae-based and synthetic fuel.

Sustainability Initiatives:

• Scaling advanced biofuels
• SAF partnerships with global airlines
• Committed to achieving net-zero emissions by 2050

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9️⃣ 2. Shell Aviation

Headquarters: London, United Kingdom
Key Offering: Jet A-1, SAF, Technical Fuel Services

Shell Aviation operates in more than 60 countries and fuels over 2 million aircraft every year. It is a significant player in SAF production and distribution, aiming to meet both regulatory and carbon reduction targets in the aviation sector.

Sustainability Initiatives:

• Strategic SAF investments
• Collaboration with airports and regulators to streamline SAF supply chains

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8️⃣ 3. Chevron Corporation

Headquarters: San Ramon, California, USA
Key Offering: Jet A, Jet A-1, Renewable Jet Fuel

Chevron’s aviation fuel division is expanding its renewable energy footprint with SAF through its acquisition of Renewable Energy Group. It is also engaged in bio-refining technology to support aviation decarbonization goals.

Sustainability Initiatives:

• Renewable fuel target of 100,000 b/d by 2030
• SAF supply partnerships with airlines and logistics hubs

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7️⃣ 4. TotalEnergies

Headquarters: Paris, France
Key Offering: TotalEnergies JET-A1, SAF (Biojet)

TotalEnergies is one of Europe’s leading jet fuel suppliers, serving both civil and defense aviation sectors. The company is heavily invested in SAF, particularly through HEFA (Hydroprocessed Esters and Fatty Acids) and other next-gen fuel production processes.

Sustainability Initiatives:

• Goal of 10% SAF in total jet fuel output by 2030
• Europe’s largest SAF plant inaugurated in Normandy

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6️⃣ 5. BP (Air BP)

Headquarters: London, United Kingdom
Key Offering: Jet A-1, Avgas, SAF

BP’s Air BP arm delivers aviation fuel and services at more than 700 locations globally. The company provides carbon-neutral fueling options and is advancing the logistics of SAF distribution across continents.

Sustainability Initiatives:

• Offers certified SAF at multiple international airports
• Targets net-zero across its aviation operations

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5️⃣ 6. Neste Corporation

Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™

Neste is the global market leader in SAF production, supplying its proprietary Neste MY SAF to major airlines, airports, and logistics operators worldwide. Its fuel is compatible with existing jet engine infrastructure.

Sustainability Initiatives:

• Current SAF output: Over 1 million tons/year
• Target: 2 million tons/year by 2026

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4️⃣ 7. Gazprom Neft Aero

Headquarters: Saint Petersburg, Russia
Key Offering: TS-1, Jet A-1

Gazprom Neft Aero serves over 250 airlines with aviation fuel and is the largest jet fuel provider in Russia and the CIS region. It plays a vital role in fuel logistics across Eastern Europe and Central Asia.

Sustainability Initiatives:

• Limited public SAF involvement due to geopolitical constraints
• R&D into synthetic aviation fuel under local innovation programs

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3️⃣ 8. Indian Oil Corporation Ltd. (IOCL)

Headquarters: New Delhi, India
Key Offering: Jet A-1, Bio-ATF (SAF)

IOCL is India’s top jet fuel supplier, distributing fuel to over 100 airports nationwide and abroad. It has developed Bio-ATF (bio-based aviation turbine fuel) and successfully tested SAF on both civil and military aircraft.

Sustainability Initiatives:

• Indigenous bio-jet fuel research
• Public-private collaboration to scale SAF production

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2️⃣ 9. Phillips 66

Headquarters: Houston, Texas, USA
Key Offering: Jet A, Jet A-1, SAF

Phillips 66 is a key player in U.S. jet fuel refining and distribution. Its Rodeo Renewed initiative is converting an existing refinery into one of the world’s largest renewable fuel facilities.

Sustainability Initiatives:

• Aims to produce 800 million gallons/year of renewable fuel
• Major SAF supply chain expansion underway

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1️⃣ 10. World Fuel Services

Headquarters: Miami, Florida, USA
Key Offering: Jet A, Jet A-1, SAF Distribution & Logistics

World Fuel Services specializes in the logistics of aviation fuel, supporting over 8,000 aircraft operators, airports, and military agencies worldwide. It is a leader in SAF distribution and carbon offset services.

Sustainability Initiatives:

• End-to-end SAF solutions for global carriers
• Strategic partnerships with SAF producers and airports

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🌍 Outlook: The Future of Aircraft Jet Fuel is Cleaner and Smarter

The aircraft jet fuel market is undergoing a dynamic shift. While traditional fuel still dominates in volume, the industry is investing billions in low-carbon alternatives, refining technology, and SAF distribution networks.

📈 Key Trends Shaping the Market:

• Rapid SAF capacity expansion in the EU, US, and Asia
• Regulatory push for 2%-10% SAF blending mandates by 2030
• Digitalization of fuel supply chains and emissions tracking
• Airline-fuel company alliances for carbon reduction

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The companies listed above are not only fueling global aviation—they’re spearheading the green transition of the skies.