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In Business and finance, Global Business
November 03, 2025

# Top 10 Companies in Aircraft Jet Fuel Industry

The global aircraft jet fuel market is undergoing a dynamic shift toward sustainability, with traditional aviation fuels being complemented by sustainable alternatives. While the core business remains supplying high-quality jet fuel for commercial, cargo, and military aviation, industry leaders are also investing heavily in research, development, and deployment of Sustainable Aviation Fuel (SAF) and other low-carbon solutions.

Below is a detailed overview of the top 10 companies in the aircraft jet fuel industry, highlighting their contributions, specialties, and recent developments.

## 1. ExxonMobil Corporation

**Headquarters:** Irving, Texas, USA
**Key Offering:** Jet-A, Jet A-1, Sustainable Aviation Fuel (SAF)

ExxonMobil is one of the world’s largest suppliers of aviation fuel, serving airlines, private jets, and military aircraft across the globe. The company has developed advanced bio-based and synthetic fuels that can reduce carbon emissions by up to 80% compared to conventional jet fuel.

**Sustainability Initiatives:**
– Scaling up production of advanced biofuels and synthetic fuels
– Partnerships with airlines for SAF adoption and carbon offset programs
– Investment in carbon capture and storage (CCS) technologies

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## 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. The company has been at the forefront of developing and implementing sustainable aviation fuel solutions, with several partnerships aimed at decarbonizing the aviation sector.

**Sustainability Initiatives:**
– Investment in multiple SAF production facilities worldwide
– Development of digital tools for carbon footprint tracking and management
– Collaboration with airports to develop SAF infrastructure

## 3. Chevron Corporation

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

Chevron’s aviation division has been expanding its renewable energy footprint through strategic acquisitions and partnerships. The company now offers one of the industry’s most comprehensive portfolios of renewable and conventional jet fuels.

**Sustainability Initiatives:**
– Acquisition of Renewable Energy Group, expanding biofuel production capacity
– Target of 100,000 barrels per day of renewable fuels by 2030
– Partnerships with airlines for sustainable fuel adoption

## 4. TotalEnergies

**Headquarters:** Paris, France
**Key Offering:** TotalEnergies JET-A1, SAF (Biojet)

TotalEnergies is among Europe’s largest suppliers of aviation fuel, with a strong focus on developing sustainable alternatives. The company has committed to converting a significant portion of its production to sustainable alternatives by 2030.

**Sustainability Initiatives:**
– Goal of 10% SAF in total jet fuel output by 2030
– Opened one of Europe’s largest SAF production facilities in Normandy, France
– Partnered with airlines for carbon offset programs

## 5. BP (Air BP)

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

BP’s aviation division operates in over 70 countries, providing fueling services and innovative solutions for commercial, private, and military aviation. The company has been particularly active in developing the infrastructure needed for SAF adoption.

**Sustainability Initiatives:**
– Offers certified SAF at multiple international airports
– Developed the first commercial-scale use of SAF in partnership with major airlines
– Committed to net-zero emissions by 2050

## 6. Neste Corporation

**Headquarters:** Espoo, Finland
**Key Offering:** Neste MY Sustainable Aviation Fuelâ„¢

Neste has become the global market leader in sustainable aviation fuel production, with its proprietary Neste MY SAF being used by numerous airlines worldwide. The company’s focus is exclusively on renewable and sustainable solutions.

**Sustainability Initiatives:**
– Current SAF production: Over 1 million tons/year
– Target: 2 million tons/year by 2026
– Expansion of production capacity globally through partnerships

## 7. World Fuel Services

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

World Fuel Services specializes in the logistics of aviation fuel, making it a key player in the distribution and supply chain aspects of the industry. The company works with over 8,000 aircraft operators globally.

**Sustainability Initiatives:**
– End-to-end SAF solutions for global carriers
– Strategic partnerships with SAF producers and airports
– Development of carbon offset programs for business aviation

## 8. Indian Oil Corporation Ltd. (IOCL)

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

IOCL is India’s largest jet fuel supplier, serving the rapidly growing aviation market in South Asia. The company has developed extensive expertise in bio-ATF and has been instrumental in testing and implementing SAF solutions in the region.

**Sustainability Initiatives:**
– Indigenous bio-jet fuel research and development
– Public-private collaborations to scale SAF production
– Partnered with airlines for sustainable aviation initiatives

## 9. Phillips 66

**Headquarters:** Houston, Texas, USA
**Key Offering:** Jet A, Jet A-1, SAF

Phillips 66 is a leading supplier of aviation fuels in North America, with a particular focus on developing renewable alternatives. The company’s “Rodeo Renewed” initiative is converting an existing refinery into one of the world’s largest renewable fuels facilities.

**Sustainability Initiatives:**
– Aim to produce 800 million gallons/year of renewable fuels
– Major SAF supply chain expansion projects
– Partnership with airlines for sustainable aviation

## 10. Gazprom Neft Aero

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

Gazprom Neft Aero is the largest supplier of aviation fuel in Eastern Europe and Central Asia, serving over 250 airlines across the region. The company has developed specialized fuels for extreme climate conditions.

**Sustainability Initiatives:**
– Limited public SAF involvement due to geopolitical constraints
– R&D into synthetic aviation fuels under local innovation programs
– Development of high-performance, efficient fuels to reduce overall consumption

# Market Insights and Future Outlook

The aircraft jet fuel market is projected to reach **USD 202.54 Billion by 2030**, growing at a **CAGR of 4.4%** from 2024 to 2030. This growth is driven by:

1. **Increasing Air Travel:** Post-pandemic recovery has led to record numbers of passengers, with air traffic expected to double by 2040.

2. **Sustainability Mandates:** Governments and international bodies are implementing stricter emissions standards, requiring increased use of SAF.

3. **Technology Advancements:** Production of SAF is becoming more efficient and cost-effective, accelerating adoption.

4. **Infrastructure Development:** Airports and fuel suppliers are investing in the necessary infrastructure to support SAF blending and distribution.

5. **Corporate Sustainability Goals:** Major corporations are committing to carbon-neutral operations, influencing their supply chains including air freight.

The market is segmented by:

– **Fuel Type:** Conventional Jet Fuel, Sustainable Aviation Fuel (SAF), others
– **End User:** Commercial Aviation, Military Aviation, General & Business Aviation
– **Region:** North America, Europe, Asia-Pacific, and Rest of the World

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# Conclusion

The aircraft jet fuel industry is at a turning point, where traditional fossil-based fuels are being supplemented and eventually replaced by sustainable alternatives. The companies leading this transition are not only ensuring the continued growth of global aviation but are also addressing the critical challenge of climate change through innovation and collaboration.

While the journey toward fully sustainable aviation will take time, the progress made by these top 10 companies demonstrates the industry’s commitment to a cleaner future. From production to distribution, these organizations are implementing the latest technologies and approaches to reduce aviation’s environmental footprint.

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