Top 10 Companies in the Aviation Turbine Fuel (ATF) Industry (2025): Market Leaders Powering Global Connectivity

In Business Insights
November 25, 2025

The Global Aviation Turbine Fuel (ATF) Market was valued at USD 160.25 Billion in 2023 and is projected to reach USD 221.18 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2023–2028). This robust growth is primarily fueled by the resurgence of global air travel post-pandemic, expanding fleet sizes, and the strategic pivot towards Sustainable Aviation Fuel (SAF) to meet stringent environmental regulations.

As the aviation sector navigates the dual challenges of meeting rising demand and achieving decarbonization goals, the role of leading ATF suppliers has never been more critical. This analysis profiles the Top 10 Companies in the Aviation Turbine Fuel Industry—global energy giants and innovative refiners who are ensuring the world remains connected while pioneering a sustainable future for flight.

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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 a cornerstone of the global aviation fuel supply chain, providing high-grade ATF to major airlines, cargo carriers, and military operations worldwide. The company’s extensive refining network and logistical capabilities ensure reliable fuel delivery across continents. ExxonMobil is actively advancing its SAF portfolio through research into algae-based biofuels and carbon capture technologies.

Sustainability Initiatives:

  • Investing in advanced biofuel research and development

  • Forming strategic SAF offtake agreements with leading airlines

  • Committed to achieving net-zero Scope 1 and 2 emissions from operated assets by 2050


9️⃣ 2. Shell Aviation

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

Shell Aviation is a dominant force, operating at over 800 airports in more than 60 countries. The company fuels millions of flights annually and is a frontrunner in the commercial scaling of SAF. Shell’s strategy focuses on building end-to-end sustainable aviation solutions, from production to airport infrastructure.

Sustainability Initiatives:

  • Targeting production of around 2 million tonnes of SAF per year by 2025

  • Pioneering digital solutions for carbon-neutral flying and SAF certificate tracking

  • Active collaboration with airframe manufacturers to certify 100% SAF flights


8️⃣ 3. Chevron Corporation

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

Chevron is a key supplier of traditional and renewable aviation fuels, leveraging its extensive refining and distribution network. The company’s acquisition of Renewable Energy Group has significantly accelerated its biofuel capabilities, positioning it as a major player in the SAF market with a focus on hydroprocessing technologies.

Sustainability Initiatives:

  • Aiming to grow renewable fuel production capacity to 100,000 barrels per day by 2030

  • Establishing SAF supply chains with airlines and airport hubs globally

  • Investing in novel feedstock development for biofuels

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Global and Regional Aviation Turbine Fuel (ATF) Industry Status and Prospects Professional Market – View in Detailed Research Report


7️⃣ 4. TotalEnergies

Headquarters: Paris, France
Key Offering: TotalEnergies JET A-1, SAF (Biojet)

TotalEnergies is a European leader in ATF supply, serving a vast network of civil and military customers. The company is making substantial investments to convert its refineries into bio-refineries, with a clear roadmap for SAF integration. Its facility in Normandy is a cornerstone of Europe’s strategy to boost domestic SAF production.

Sustainability Initiatives:

  • Targeting 10% SAF incorporation in its aviation fuel sales by 2030

  • Producing SAF from recycled cooking oil and other waste fats at its French bio-refineries

  • Partnering with airlines on long-term SAF procurement agreements


6️⃣ 5. BP (Air BP)

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

BP’s aviation division, Air BP, is one of the world’s largest suppliers of aviation fuel, with a presence at over 700 global locations. The company is a leader in SAF logistics and supply, offering certified sustainable fuel options at key international airports and helping customers manage their carbon footprint through its comprehensive fuel management services.

Sustainability Initiatives:

  • Supplying SAF at more than 20 airports across three continents

  • Developing strategic partnerships to scale up SAF production and distribution infrastructure

  • Aiming for net-zero carbon emissions from its operations by 2050 or sooner


5️⃣ 6. Neste Corporation

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

Neste is the world’s leading producer of sustainable aviation fuel, with its proprietary SAF capable of reducing greenhouse gas emissions by up to 80% over its life cycle compared to conventional jet fuel. The company’s fuel is a drop-in solution, requiring no modifications to existing aircraft or infrastructure, making it a pivotal enabler for the industry’s green transition.

Sustainability Initiatives:

  • Current SAF production capacity exceeds 1 million tons per annum

  • Expanding global SAF production capacity to 2.2 million tons by 2026

  • Collaborating with major airlines like Lufthansa Group and American Airlines


4️⃣ 7. Gazprom Neft Aero

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

Gazprom Neft Aero is the leading jet fuel supplier in Russia and the CIS region, serving more than 250 airlines. The company operates a vast network of refueling complexes and airport storage facilities, playing a crucial role in the regional aviation ecosystem. Its focus remains on ensuring supply stability and fuel quality across its operational geography.

Sustainability Initiatives:

  • Focus on operational efficiency and modernization of refinery processes to reduce carbon intensity

  • Engagement in research initiatives for future fuel technologies within regional frameworks


3️⃣ 8. Indian Oil Corporation Ltd. (IOCL)

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

Indian Oil Corporation is India’s flagship ATF supplier, commanding a significant market share and supplying fuel to over 100 domestic and international airports. The corporation is at the forefront of indigenous SAF development in India, having successfully conducted test flights using its homegrown Bio-ATF derived from non-edible plant oils.

Sustainability Initiatives:

  • Pioneering the production and testing of bio-aviation turbine fuel in India

  • Planning to set up dedicated SAF production units to meet future demand

  • Active participation in government-led initiatives for aviation decarbonization

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Global and Regional Aviation Turbine Fuel (ATF) Industry Status and Prospects Professional Market – 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 major refiner and marketer of petroleum products, including aviation fuels, in the United States. The company is undertaking a significant transformation of its San Francisco Refinery in Rodeo, California, to produce renewable fuels. This “Rodeo Renewed” project is set to make it one of the world’s largest facilities of its kind.

Sustainability Initiatives:

  • Converting the Rodeo refinery to produce over 800 million gallons per year of renewable fuels, including SAF

  • Partnering with Southwest Airlines for a multi-year SAF offtake agreement

  • Aiming to reduce the carbon intensity of its operations and products


1️⃣ 10. World Fuel Services

Headquarters: Miami, Florida, USA
Key Offering: Jet A, Jet A-1, SAF distribution & logistics, Carbon offset solutions

World Fuel Services is a global leader in energy procurement, logistics, and payment solutions. Unlike traditional producers, it specializes in the complex logistics of fuel supply, serving over 8,000 customers including commercial airlines, business aviation, and military clients. The company is a critical intermediary, connecting SAF producers with end-users and managing the associated environmental attributes.

Sustainability Initiatives:

  • Providing end-to-end SAF sourcing, supply, and management services for airlines

  • Offering integrated carbon offset and sustainability reporting platforms

  • Forging strategic alliances to enhance the global availability and traceability of SAF

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Global and Regional Aviation Turbine Fuel (ATF) Industry Status and Prospects Professional Market – View in Detailed Research Report


🌍 Outlook: Navigating the Sustainable Flightpath

The Aviation Turbine Fuel market stands at a historic inflection point. While conventional kerosene-based fuels will continue to power the majority of flights in the near term, the industry’s trajectory is unmistakably shifting towards sustainability. Billions of dollars are being invested in production facilities, supply chain optimization, and next-generation fuel technologies to meet ambitious climate targets.

📈 Key Trends Shaping the ATF Market:

  • Regulatory Acceleration: Government mandates, such as the EU’s ReFuelEU Aviation initiative, are creating enforceable targets for SAF blending, driving investment and adoption.

  • Technological Diversification: Beyond HEFA-based SAF, significant R&D is focused on Power-to-Liquid (PtL) and Alcohol-to-Jet (AtJ) pathways for future scalability.

  • Supply Chain Digitalization: Blockchain and other digital platforms are being deployed to ensure the integrity, traceability, and sustainability certification of SAF from production to wing.

  • Strategic Collaboration: Unprecedented partnerships between fuel suppliers, airlines, airports, and governments are essential to de-risk investments and build a cohesive SAF ecosystem.

The companies profiled are not merely suppliers; they are architects of the future air transportation system. Their ability to innovate, collaborate, and execute will determine the pace at which global aviation achieves its dual objectives of growth and environmental stewardship.

Read Full Report:
Global and Regional Aviation Turbine Fuel (ATF) Industry Status and Prospects Professional Market – View in Detailed Research Report