**LATEST NEWS: Global Aircraft Jet Fuel Market Set to Soar, Reaching USD 202.54 Billion by 2030**
The global aircraft jet fuel market is experiencing significant growth, driven by increasing air travel and the adoption of sustainable aviation fuel (SAF). Here’s the latest:
– **Market Size**: Valued at USD 151.41 Billion in 2024, projected to reach USD 202.54 Billion by 2030
– **Growth Rate**: Compound Annual Growth Rate (CAGR) of 4.4% during 2024–2030
– **Primary Drivers**:
– Rising air travel demand
– Growing fuel demands from emerging economies
– Accelerating adoption of SAF across commercial and military aviation
The aviation industry’s transformation towards low-emission operations has put the spotlight on key fuel suppliers who are driving innovation and cleaner energy pathways.
—
### **Top 10 Companies in Aircraft Jet Fuel Industry**
Here are the leading companies 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)
– **Overview**: 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.
**Sustainability Initiatives**:
– Scaling advanced biofuels
– SAF partnerships with global airlines
– Committed to achieving net-zero emissions by 2050
**Download FREE Sample Report**: [https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market](https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market)
—
#### **9️⃣ 2. Shell Aviation**
– **Headquarters**: London, United Kingdom
– **Key Offering**: Jet A-1, SAF, Technical Fuel Services
– **Overview**: Operates in more than 60 countries, fueling over 2 million aircraft every year. Significant player in SAF production and distribution.
**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
– **Overview**: Expanding its renewable energy footprint with SAF through acquisition of Renewable Energy Group. Engaged in bio-refining technologies to support aviation decarbonization.
**Sustainability Initiatives**:
– Renewable fuel targets 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)
– **Overview**: One of Europe’s leading jet fuel suppliers, serving both civil and defense aviation sectors. Heavily invested in SAF, particularly through HEFA (Hydroprocessed Esters and Fatty Acids).
**Sustainability Initiatives**:
– Goal of 10% SAF in total jet fuel output by 2030
– Europe’s largest SAF plant inaugurated in Normandy
**Download FREE Sample Report**: [https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market](https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market)
—
#### **6️⃣ 5. BP (Air BP)**
– **Headquarters**: London, United Kingdom
– **Key Offering**: Jet A-1, Avgas, SAF
– **Overview**: BP’s Air BP arm delivers aviation fuel and services at more than 700 locations globally. Provides carbon-neutral fueling options and advances SAF distribution.
**Sustainability Initiatives**:
– Offers certified SAF at multiple international airports
– Targets net-zero across its aviation operations
—
#### **5️⃣ 6. Neste Corporation**
– **Headquarters**: Espoo, Finland
– **Key Offering**: Neste MY Sustainable Aviation Fuel™
– **Overview**: Global market leader in SAF production, supplying its proprietary Neste MY SAF to major airlines, airports, and logistics operators worldwide. Fuel compatible with existing jet engines and infrastructure.
**Sustainability Initiatives**:
– Current SAF output: Over 1 million tons/year
– Target: 2 million tons/year by 2026
—
#### **4️⃣ 7. Gazprom Neft Aero**
– **Headquarters**: Saint Petersburg, Russia
– **Key Offering**: TS-1, Jet A-1
– **Overview**: Serves over 250 airlines with aviation fuels and is the largest jet fuel provider in Russia and the CIS region. 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 fuels under local innovation programs
—
#### **3️⃣ 8. Indian Oil Corporation Ltd. (IOCL)**
– **Headquarters**: New Delhi, India
– **Key Offering**: Jet A-1, Bio-ATF (SAF)
– **Overview**: India’s top jet fuel supplier, distributing fuel to over 100 airports nationwide and abroad. 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 collaborations to scale SAF production
—
#### **2️⃣ 9. Phillips 66**
– **Headquarters**: Houston, Texas, USA
– **Key Offering**: Jet A, Jet A-1, SAF
– **Overview**: Key player in U.S. jet fuel refining and distribution. Rodeo Renewed initiative converting an existing refinery into one of the world’s largest renewable fuels facilities.
**Sustainability Initiatives**:
– Aims to produce 800M gallons/year of renewable fuels
– Major SAF supply chain expansion underway
—
#### **1️⃣ 10. World Fuel Services**
– **Headquarters**: Miami, Florida, USA
– **Key Offering**: Jet A, Jet A-1, SAF distribution & logistics
– **Overview**: Specializes in the logistics of aviation fuel, supporting over 8,000 aircraft operators, airports, and military agencies worldwide. 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
**Get Full Report Here**: [https://www.statsmarketresearch.com/Server-Automation-Market-912](https://www.statsmarketresearch.com/Server-Automation-Market-912)
—
### **🌍 Outlook: The Future of Aircraft Jet Fuel Is Cleaner and Smarter**
The aircraft jet fuel market is undergoing a dynamic shift. While traditional fuels still dominate in volume, the industry is investing billions in low-carbon alternatives, refining technologies, 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
The market is also witnessing:
– Consolidation of brands under large groups (e.g., Ali Group, Middleby) – simplifies sourcing but requires care in specifying brand-level warranties and dealer networks. Recent acquisitions and rebrands are reshaping distribution footprints.
– Electrification and natural refrigerants – Manufacturers are moving to natural refrigerants and electric cooklines where possible to reduce emissions and improve compliance with new regulations. Hoshizaki’s transition to natural refrigerants is an example.
– Connectivity & remote fleet management – Cloud platforms for HACCP, remote diagnostics, and recipe management (Rational, Middleby) are growing in importance for multi-site operators.
– Space-efficient multi-function equipment – Combi ovens and multi-function cooking units reduce footprints and are therefore favored in modular designs. RATIONAL remains a market leader here.
– Automation & robotics in cooking – Atosa and other manufacturers are introducing automated cooking and packaging/routing solutions to reduce labor dependence in high-throughput modular kitchens.
**Get Full Report Here**: [https://www.statsmarketresearch.com/Server-Automation-Market-912](https://www.statsmarketresearch.com/Server-Automation-Market-912)
The companies listed above are not only fueling global aviation—they’re spearheading the green transition of the skies.
—
### **About 24chemicalresearch**
24chemicalresearch is your go-to source for market intelligence and research across the chemical, energy, and materials sectors. We provide in-depth market reports, custom research, and consulting services to help businesses make informed decisions.
**For More Information, Visit**: [24chemicalresearch.com](https://www.24chemicalresearch.com)
—
### **Final Thoughts**
The aircraft jet fuel market is at a crossroads where sustainability meets innovation. While the industry continues to rely on traditional fuels for the majority of its operations, the rapid growth of SAF and other low-carbon alternatives demonstrates a clear path toward decarbonization.
Companies across the supply chain—from oil majors to specialized SAF producers—are investing heavily in R&D, infrastructure, and partnerships to make aviation more sustainable. The next decade will see even greater collaboration between energy companies, airlines, and governments to achieve carbon reduction targets.
For those looking to understand this market better or get involved, the provided reports and company links offer a wealth of information to start with.
**Download FREE Sample Report**: [https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market](https://www.statsmarketresearch.com/download-free-sample/912/Server-Automation-Market)
**Get Full Report Here**: [https://www.statsmarketresearch.com/Server-Automation-Market-912](https://www.statsmarketresearch.com/Server-Automation-Market-912)<｜begin▁of▁sentence｜>