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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 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 fuels.
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
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 technologies to support aviation decarbonization goals.
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)
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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