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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 operation 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.
🔟 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 technologies such as algae-based and synthetic fuel.
Sustainability Initiative:
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Scaling advanced biofuels
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SAF partnerships with global airlines
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Committed to achieving net-zero emissions by 2050
Download FREE Sample Report: ExxonMobil Corporation – View in Detailed Research Report
9️⃣ 2. Shell Aviation
Headquarters: London, United Kingdom
Key Offering: Jet A-1, SAF, Technical Fuel Service
Shell Aviation operates in more than 60 countries and fuels over 2 million aircraft annually. It is a significant player in SAF production and distribution, aiming to meet regulatory and carbon reduction targets in the aviation sector.
Sustainability Initiative:
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Strategic SAF investment
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Collaboration with airports and regulators to streamline SAF supply chain
Download FREE Sample Report: Shell Aviation – View in Detailed Research Report
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 acquisitions and investments in bio-refining technology to support aviation decarbonization goals.
Sustainability Initiative:
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Renewable fuel target of 100,000 b/d by 2030
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SAF supply partnerships with airlines and logistics hubs
Download FREE Sample Report: Chevron Corporation – View in Detailed Research Report
7️⃣ 4. TotalEnergies
Headquarters: Paris, France
Key Offering: TotalEnergies JET-A1, SAF (Biojet)
TotalEnergies is one of Europe’s leading jet fuel suppliers, serving civil and defense aviation sectors with investments in SAF production through HEFA technology and next-gen fuel production processes.
Sustainability Initiative:
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Goal of 10% SAF in total jet fuel output by 2030
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Europe’s largest SAF plant in Normandy
Download FREE Sample Report: TotalEnergies – View in Detailed Research Report
6️⃣ 5. BP (Air BP)
Headquarters: London, United Kingdom
Key Offering: Jet A-1, Avgas, SAF
BP’s Air BP delivers aviation fuel and services globally, advancing SAF logistics and carbon-neutral fueling options for airlines and airports.
Sustainability Initiative:
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Certified SAF at international airports
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Net-zero target for aviation operations
Download FREE Sample Report: BP (Air BP) – View in Detailed Research Report
5️⃣ 6. Neste Corporation
Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™
Neste is the global market leader in SAF production, supplying proprietary SAF to major airlines and airports with compatibility with existing jet engines and infrastructure.
Sustainability Initiative:
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Current SAF output: 1 million tons/year
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Target: 2 million tons/year by 2026
Download FREE Sample Report: Neste Corporation – View in Detailed Research Report
4️⃣ 7. Gazprom Neft Aero
Headquarters: Saint Petersburg, Russia
Key Offering: TS-1, Jet A-1
Gazprom Neft Aero serves airlines in Russia and CIS with aviation fuel, focusing on synthetic aviation fuel research and development.
Sustainability Initiative:
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Limited public SAF involvement
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R&D into synthetic aviation fuel
Download FREE Sample Report: Gazprom Neft Aero – View in Detailed Research Report
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 with indigenous bio-jet fuel research and public-private collaborations to scale SAF production.
Sustainability Initiative:
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Bio-jet fuel research
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SAF scaling initiatives
Download FREE Sample Report: Indian Oil Corporation Ltd. – View in Detailed Research Report
2️⃣ 9. Phillips 66
Headquarters: Houston, Texas, USA
Key Offering:** Jet A, Jet A-1, SAF
Phillips 66 is a key U.S. jet fuel refiner with Rodeo Renewed initiative to produce renewable fuels and expand SAF supply chain.
Sustainability Initiative:
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800M gallons/year renewable fuel target
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SAF supply chain expansion
Download FREE Sample Report: Phillips 66 – View in Detailed Research Report
1️⃣ 10. World Fuel Services
Headquarters:** Miami, Florida, USA
Key Offering:** Jet A, Jet A-1, SAF Logistics
World Fuel Services specializes in aviation fuel logistics, supporting aircraft operators with SAF distribution and carbon offset services.
Sustainability Initiative:
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End-to-end SAF solutions
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Strategic SAF partnerships
Download FREE Sample Report: World Fuel Services – View in Detailed Research Report
🌍 Outlook: The Future of Aircraft Jet Fuel is Cleaner and Smarter
The aircraft jet fuel market is undergoing a dynamic shift with rapid SAF capacity expansion, regulatory push for SAF blending mandates, and digitalization of fuel supply chains.
Key Trends Shaping the Market:
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SAF capacity expansion in EU, US, and Asia
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2%-10% SAF blending mandates by 2030
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Digital fuel supply chain management
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Airline-fuel company alliances
Read Full Report: Aircraft Jet Fuel Market – View in Detailed Research Report
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