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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 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 demand 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.
🔟 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 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 annually. It’s a significant player in SAF production and distribution, aiming to meet regulatory and carbon reduction targets in the aviation sector.
Sustainability Initiatives:
- Strategic SAF investments
- Collaboration with airports and regulators to streamline SAF supply chains
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’s 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
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. The company is heavily invested in SAF, particularly through HEFA (Hydroprocessed Esters and Fatty Acids) technology.
Sustainability Initiatives:
- Goal of 10% SAF in total jet fuel output by 2030
- Europe’s largest SAF plant in Normandy
6️⃣ 5. BP (Air BP)
Headquarters: London, United Kingdom
Key Offering: Jet A-1, Avgas, SAF
BP’s Air BP arm delivers aviation fuel to over 700 locations globally, offering carbon-neutral fueling options and advancing SAF distribution logistics.
Sustainability Initiatives:
- Certified SAF at multiple international airports
- Targeting net-zero across aviation operations
5️⃣ 6. Neste Corporation
Headquarters: Espoo, Finland
Key Offering: Neste MY Sustainable Aviation Fuel™
Neste is the global market leader in SAF production, supplying 1 million tons annually with plans to reach 2 million tons by 2026.
Sustainability Initiatives:
- Current SAF output: 1 million tons/year
- Target: 2 million tons/year by 2026
4️⃣ 7. Gazprom Neft Aero
Headwards Saint Petersburg, Russia
Key Offering: TS-1, Jet A-1
Gazprom Neft Aero is Russia’s leading jet fuel supplier, serving 250+ airlines with fuel logistics across Eastern Europe.
Sustainability Initiatives:
- Limited public SAF involvement due to geopolitical constraints
- R&D into synthetic aviation fuel
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 100+ airports served and indigenous bio-jet fuel research.
Sustainability Initiatives:
- Bio-jet fuel research
- Public-private SAF production collaborations
2️⃣ 9. Phillips 66
Headquarters: Houston, Texas, USA
Key Offering: Jet A, Jet A-1, SAF
Phillips 66 is converting a refinery into one of the world’s largest renewable fuel facilities.
Sustainability Initiatives:
- 800 million gallons/year renewable fuel target
- Major SAF supply chain expansion
1️⃣ 10. World Fuel Services
Headquarters: Miami, Florida, USA
Key Offering: Jet A, Jet A-1, SAF distribution
World Fuel Services specializes in aviation fuel logistics for 8,000+ aircraft operators with SAF solutions.
Sustainability Initiatives:
- End-to-end SAF solutions
- Strategic SAF partnerships
🌍 Outlook: The Future of Aircraft Jet Fuel
The aircraft jet fuel market is undergoing a dynamic shift with rapid SAF capacity expansion in EU, US and Asia, digitalization of fuel supply chains, and airline-fuel company alliances.
Key trends include:
- Regulatory push for 2-10% SAF blending by 2030
- Digital tracking of emissions
- Airline-fuel company carbon reduction alliances
Download FREE Sample Report: https://www.24chemicalresearch.com/download-sample/292731/polyester-chip-market
Read Full Report: https://www.24chemicalresearch.com/report/292731/polyester-chip-market
