Aviation Fuel Companies

The Aviation fuel Market is estimated in terms of market size to be USD 200.21 billion in 2024 to USD  325.98 billion by 2030,   at a CAGR of 8.5% and in terms of volume to be 86.20 billion gallons in 2024 to 132.80 billion gallons by 2030 at a CAGR of 7.5%  during the forecast period.. The aviation sector is experiencing significant growth due to increasing air travel demand, which has increased the number of aircraft in use, thereby contributing to the growth of the aviation fuel market.

Exxon Mobil Corporation (US), Chevron Corporation (US), BP P.l.C (UK), Shell (UK), and TotalEnergies (France) are the top companies in the market. These companies, to strengthen their position in the market, have implemented various growth strategies, like investments, collaborations & expansions, contracts, partnerships, and agreements related to aviation fuels.

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Major Aviation Fuel companies include:

• Exxon Mobil Corporation (US)
• Chevron Corporation (US)
• BP P.l.C (UK)
• Shell (UK)
• TotalEnergies (France)

Exxon Mobil Corporation (US)

ExxonMobil is one of the world’s largest publicly traded international energy and petrochemical corporations, renowned for creating innovative solutions that enhance quality of life while addressing society's evolving needs. Its operations are organized into three primary business segments: Upstream, Downstream, and Chemical. These segments deliver essential products, including energy, chemicals, lubricants, and lower-emissions technologies. With an industry-leading portfolio of resources, ExxonMobil is a global powerhouse in the production and integration of fuels, lubricants, and chemicals. The company is also a leader in providing aviation fuels to the global market, supporting commercial airlines, military fleets, and private aviation with high-quality jet fuel products. ExxonMobil’s aviation solutions emphasize safety, performance, and efficiency, meeting the stringent demands of the aerospace industry. ExxonMobil has a global presence, operating in over 200 countries and territories, with significant assets and operations spanning six continents.

Chevron Corporation (US)

Chevron Corporation is a global leader in integrated energy, committed to providing affordable, reliable, and cleaner energy to drive human progress. The company produces crude oil and natural gas, manufactures transportation fuels, lubricants, petrochemicals, and additives, and develops innovative technologies to advance both its business and the broader industry. Chevron is focused on expanding its oil and gas operations, reducing the carbon intensity of its activities, and growing its presence in lower-carbon sectors such as renewable fuels, carbon capture and offsets, hydrogen, and other emerging technologies. The company has an operational presence in North America, South America, Europe, Asia, the Middle East, and Africa.

BP P.l.C (UK)

BP p.l.c is a major player in the energy sector, offering a comprehensive range of products and services, including fuels for aviation. BP p.l.c aviation fuel portfolio includes Jet Fuel, primarily Jet A and Jet A-1, which meet international standards for performance and safety, as well as Avgas, a high-octane fuel used in piston-engine aircraft. BP also supplies Unleaded Avgas Grade UL91, an environmentally friendly alternative to traditional leaded aviation gasoline, and is actively engaged in the development and supply of Sustainable Aviation Fuel (SAF), a low-carbon solution designed to reduce the aviation industry’s carbon footprint. With a strong geographic presence, BP p.l.c serves major markets across North America, Europe, Asia, the Middle East, and Africa. The company has a significant footprint in key global aviation hubs, providing aviation fuel services to airlines, military customers, and general aviation operators. BP p.l.c  has established fuel supply networks and infrastructure at major international airports, ensuring efficient and reliable fuel delivery worldwide. The company operates through four segments: Gas & Low Carbon Energy, Customers & Products, and Oil Production & Operations. Through its diverse portfolio and global reach, BP p.l.c is positioned as a leader in the energy industry, committed to sustainable and innovative energy solutions.

Shell (UK)

Shell is a global energy and petrochemical leader a major supplier in the aviation fuel industry, providing a wide range of products including Shell Aerojet, a high-performance fuel for general aviation, and Avgas, a specialized fuel for piston-engine aircraft. Shell also supplies Civil Jet Fuel (Jet A-1), which is used in commercial aviation, meeting international standards for safety and performance. In addition, Shell provides Military Jet Fuel to defense organizations, ensuring reliability for military aircraft in demanding conditions. Shell operates through the following segments: Integrated Gas, Upstream, Oil Products, and Chemicals. The Integrated Gas segment includes liquefied natural gas, conversion of natural gas into gas to liquid fuel and other products, and a new energies portfolio. The Upstream segment explores and extracts natural gas and natural gas liquids. The Oil Products segment is involved in refining, trading, and marketing crude oil. The Chemicals segment manages manufacturing plants and its own marketing network. With a strong presence at major airports worldwide, Shell supports both commercial and military aviation markets across North America, Europe, Asia, the Middle East, and beyond. The companys global network of fuel supply infrastructure ensures that airlines, private operators, and military forces receive reliable and high-quality fuel services, solidifying Shell’s position as a leader in the aviation fuel sector.

TotalEnergies (France)

TotalEnergies is a global multi-energy company dedicated to delivering affordable, reliable, and cleaner energy across its diverse portfolio, which includes oil, natural gas, electricity, renewables, and biofuels. TotalEnergies is committed to sustainability and innovation, with a strong emphasis on reducing carbon emissions across industries. TotalEnergies aviation fuel portfolio includes Jet A-1, a kerosene-based fuel for commercial and military aircraft; Avgas 100LL, a low-lead aviation gasoline for piston-engine aircraft; and Avgas UL91, an unleaded alternative offering enhanced performance with reduced environmental impact. The company is also a pioneer in Sustainable Aviation Fuel (SAF), providing low-carbon solutions made from renewable feedstocks that reduce lifecycle emissions by up to 80%. With presence across Europe, North America, Asia, Africa, and the Middle East, TotalEnergies supplies aviation fuels to major airports and general aviation hubs worldwide, ensuring reliable service through its extensive global network. The company has presence of five segments namely: Exploration & Production segment which includes oil and natural gas exploration and production activities; Integrated Gas segment and Renewables & Power  segment which includes integrated gas and low carbon electricity businesses; Refining & Chemicals which includes refining petrochemicals and specialty chemicals also oil supply, trading and marine shipping; and Marketing & Services segment which includes activites at global level like supply and marketing of proteleum products.

Related Reports:

Aviation Fuel Market by Fuel Type (Jet Fuel, Avgas, Biofuel, Hydrogen Fuel, Power-To-Liquid, Gas-To-Liquid), End User (Airline, Government & Military, Non-Scheduled Operators), Aircraft Type and Region - Global Forecast to 2030

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