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Report Overview
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
North America Commercial Aircraft Aviation Fuel Market Outlook
The North America commercial aircraft aviation fuel market size was valued at USD 41.96 billion in 2024. The market is further projected to grow at a CAGR of 4.4% between 2025 and 2034, reaching a value of USD 62.23 billion by 2034.
Key Takeaways
- Jet A1 is a widely popular type of jet fuel in the United States and is suitable for long-haul international flights.
- The Canadian Council for Sustainable Aviation Fuels (C-SAF) aims to annually produce one billion litres of domestic sustainable aviation fuel by 2030.
- Canada has sustainable biomass to produce seven to 10 billion litres of SAF annually.
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Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
In the United States, commercial aviation drives around 5% of the country’s GDP. This equaled to around USD 1.37 trillion in 2023. The airlines in the country operate over 26,000 flights daily. The flights carry around 2.6 million passengers to/from approximately 80 countries and 61,000 tons of cargo to/from over 220 countries. The North America commercial aircraft aviation fuel market development is driven by the rising demand for air transport.
The demand for air travel by international tourists is a crucial supporter of the commercial aircraft aviation fuel market. According to the World Travel & Tourism Council’s (WTTC), Travel & Tourism Economic Impact 2023, Global Trends Report, the U.S. Travel & Tourism sector’s GDP contribution expanded by 16.9% in 2022 over 2021.
According to the North America commercial aircraft aviation fuel market analysis, there is a rising popularity of sustainable aviation fuel (SAF) in North America. SAF is produced from widely available renewable feedstocks in the region including forest and agricultural residues, industrial fats, oils, and grease. According to the C-SAF, a consortium of 60 domestic, international, and cargo airlines, Canada should be able to meet 25% of its total jet fuel demand using SAF. This could reduce emissions by 15-20% for departures from Canada.
Market Segmentation
North America Commercial Aircraft Aviation Fuel Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments.
Market Breakup by Fuel Type:
- Jet Fuel
- Kerosene Gasoline Mixture
- Aviation Gasoline (AVGAS)
- Biokerosene
- Sustainable Aviation Fuels
Market Breakup by Aircraft Type:
- Fixed Wing
- Rotary Wing
Market Breakup by Country:
- United States of America
- Canada
Competitive Landscape
The key players in the commercial aircraft aviation fuel market in North America are working on producing environmentally friendly sustainable aviation fuels (SAF).
- BP p.l.c.
- Shell plc
- Exxon Mobil Corporation
- Chevron Corporation
- Honeywell International Inc.
- Valero Energy Corporation
- Gevo, Inc.
- TotalEnergies SE
- Neste Oyj
- Swedish Biofuels AB
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Fuel Type |
|
| Breakup by Aircraft Type |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the commercial aircraft aviation fuel market reached an approximate value of USD 41.96 billion.
The market is expected to grow at a CAGR of 4.4% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach USD 62.23 billion by 2034.
Jet A-1 is a kerosene grade of fuel suitable for most turbine-engine aircraft.
Sustainable aviation fuel (SAF) is an alternative fuel produced from non-petroleum feedstocks. The fuel aids the reduction of emissions from air transportation.
The major drivers of the market include an expanding tourism sector, growing demand for air transport, and extensive research and development to enhance the sustainability of the aviation sector.
Key trends aiding market expansion include demand for SAF to reduce the carbon emissions of the aviation sector, rising number of air passengers, and growing international travel.
Major countries in the market are the United States of America and Canada.
The common aircraft types are fixed wing, rotary wing, and others.
Key players in the market are BP p.l.c., Shell plc, Exxon Mobil Corporation, Chevron Corporation, Honeywell International Inc., Valero Energy Corporation, Gevo, Inc., TotalEnergies SE, Neste Oyj, Swedish Biofuels AB, and others.
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