United States Aviation Fuel Market is expected to reach US$ 599.1 Million by 2031 | Major key players - Atmosfair, Shell Aviation, World Energy.

Market Size and Forecast:

The Global Aviation Fuel Market size reached US$ 211.5 billion in 2023 and is expected to reach US$ 599.1 million by 2031, growing with a CAGR of 13.9% during the forecast period 2024-2031.

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The Aviation Fuel Market encompasses the production, distribution, and consumption of fuels used in aircraft, including jet fuel and aviation gasoline. It serves commercial, military, and general aviation sectors, driven by air travel demand, technological advancements, and environmental regulations. Market dynamics are influenced by crude oil prices, fuel efficiency initiatives, and the growing adoption of sustainable aviation fuels worldwide.

Industry Recent Developments:

USA:
September 2025: Several airlines in the United States have announced partnerships with sustainable aviation fuel (SAF) producers to secure larger volumes of bio-based jet fuel, aiming to meet tightened emissions targets ahead of 2030.

August 2025: Major American airports have begun pilot programs for on-site SAF blending and distribution, in collaboration with leading oil and chemical companies, to streamline adoption and logistics of sustainable aviation fuel.

Japan:
October 2025: Japan's government has released new incentives for airlines that increase SAF usage, including tax credits and landing fee reductions, supporting the national sustainability roadmap.

August 2025: A Japanese oil major successfully completed a large-scale demonstration project for producing SAF from municipal waste, with commercial roll-out plans set for early 2026.

Europe:
September 2025: The European Union finalized additional SAF mandates for member state airlines, requiring a minimum blend ratio of SAF in all commercial flights departing from EU airports by mid-2026.

July 2025: A major European energy conglomerate inaugurated the region's largest dedicated SAF production facility, aiming to supply more than 500,000 tons of sustainable jet fuel annually to airlines across Western Europe.

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Major Key Players:

Atmosfair
Shell Aviation
World Energy
Neste
Gevo,Inc
Honeywell International
Johnson Matthey
Exxon Mobil Corporation
Chevron Corporation
BP PLC.

Key Growth Drivers:

Rising Air Travel Demand:
Increasing passenger and cargo air traffic, especially in emerging economies and major routes, is boosting demand for aviation fuel. As global connectivity expands, airlines are increasing their fleets and flight frequencies, which directly raises fuel consumption.

Fleet Modernization & Expansion:
Airlines are investing in new, more fuel-efficient aircraft and expanding their fleets to capitalize on market opportunities. This not only increases fuel demand but also encourages adoption of specialized fuels, including sustainable aviation fuel (SAF), as part of their modernization initiatives.

Regulatory Push towards Sustainable Aviation Fuels:
Government regulations and industry initiatives aimed at reducing carbon emissions are driving the development and adoption of sustainable aviation fuels. These policies and incentives are encouraging investments in alternative fuel infrastructure, supporting market growth while meeting stricter environmental standards.

Segments Covered in the Aviation Fuel Market:

By Fuel: Conventional Fuel, Sustainable Fuel.

By Aircraft: Commercial Aircraft, Private Aircraft, Military Aircraft.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Aviation Fuel market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Aviation Fuel Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Aviation Fuel market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Aviation Fuel Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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