Aviation fuel industry Because sustainable aviation fuel (SAF) is the only way that medium- to long-haul commercial aviation can be decarbonized in the near term, a U. 3 The Science Based Targets initiative (SBTi) acknowledges beyond-value chain decarbonization, such as carbon Dec 1, 2024 · This comparison takes into account various factors that influence fuel flow in the aviation industry, such as the rate at which fuel is consumed by an aircraft's engines, measured in units like kilograms per hour (kg/hr). Jan 30, 2025 · Aviation fuel is pivotal to the global aviation industry, catering to diverse commercial, military, and private aircraft operations. The rise in environmental concerns, regulatory support, and increasing demand for clean, sustainable fuels in Synthetic Aviation Fuel: Safe, Reliable, Low Carbon. Through the market analysis, it will help stakeholders Jun 5, 2023 · its own fuel, nor aircraft. • Industry-wide revenue passenger-kilometers (RPKs) are likely to be at 87. 8 billion to the fuel bill at USD 2,500 per tonne (or 3. Trucks carry the necessary hoses and pumping equipment, but no fuel. 23 billion in 2023 and is projected to grow from USD 431. Encourage user-friendly SAF accounting methods, including developing an industry designed functioning book and claim framework and seek to harmonize global standards. 8% of the 2019 level for 2023 as a whole. Depending on the feedstock and technologies used to produce it, SAF can reduce emissions dramatically compared to conventional jet fuel. Mordor Intelligence offers a comprehensive analysis of the aviation fuel market. Support sustainable aviation fuel R&D and demonstration plants. 8x conventional jet fuel). Shell also supplies Civil Jet Fuel (Jet A-1), which is used in commercial aviation 20 comprehensive market analysis studies and industry reports on the Aviation Fuel sector, offering an industry overview with historical data since 2019 and forecasts up to 2030. Jun 16, 2023 · The industry has aligned on most of the important actions needed to decarbonize—namely, fleet renewal, disruptive propulsion technologies, operational efficiency, sustainable aviation fuel (SAF) usage, and carbon offsetting. Asia Pacific dominated the global market with a share of 37. 9 Billion in 2023 and is poised to grow from USD 284. 2% from 2025 to 2034, owing to new joint ventures and large-scale production activities in the aviation fuel sector. The aviation fuel market reached USD 238. 7% during the forecast period (2025-2032). Aviation fuels are of a higher quality than fuels that are used in less critical applications for example for heating or road transport. This report underscores the critical role of strategic investments and effective policy design in achieving net-zero aviation. These factors include aircraft type, flight phase, engine efficiency, altitude, speed, weight, and weather conditions. 14 Billion in 2024 to USD 902. 50% from 2023 to 2030. We leverage decades of expertise in tracking aviation fuel industry dynamics. In 2025, we estimate that SAF production could rise to 2 Mt and or 0. 1 Industry Statistics For more information visit: IATA - Global Outlook for Air Transport Fuel consumption, billion gallons 96 52 62 76 92 101 107 Non-fuel, USD Oct 30, 2024 · One answer is transitioning from petroleum-based fuels to using a low-carbon alternative known as sustainable aviation fuel (SAF). The rise in global air travel is a major factor driving the aviation fuel industry. The main types of aviation fuel include Jet A, Jet A1, Jet B, JP 5, JP 8, avgas, and biofuel. 45% in 2023. SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel but with a smaller carbon footprint. . An aviation fuel truck of Shell At some airports, underground fuel pipes allow refueling without the need for tank trucks. S. 70 billion in 2024 to USD 819. 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. Our extensive research covers a wide range of fuels, including aviation turbine fuel, AVGAS, and emerging segments in the sustainable aviation fuel market. Apr 7, 2025 · The global aviation fuel market size was valued at USD 391. Sustainable Aviation Fuel Market Size & Trends. 35 Billion by 2032, growing at a CAGR of 13. The industry is commited to achieve net zero emissions by 2050, as is the UN’s ICAO (International Civil Aviation Organization) and its Member States. sustainable aviation fuel (SAF), and this 4th edition of our annual SAF Market Outlook builds on that knowledge base. governmentwide “SAF Grand Challenge” was issued to encourage industry to develop capabilities to produce SAF, reduce cost, improve Aviation Fuel Market size was valued at USD 249. 6% of airlines’ total fuel consumption, adding USD 3. 2 billion in 2024 and is expected to grow at a CAGR of 8. The global sustainable aviation fuel market size was estimated at USD 576. 73 billion by 2032, exhibiting a CAGR of 8. Dec 11, 2024 · SAF serves as a drop-in fuel, compatible with existing aircraft and fuel infrastructure, making it an attractive solution for decarbonizing aviation. Aviation fuels are a specialized petroleum-based fuel used for aircraft propulsion that runs on gas turbine engines. 18 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 57. Aviation fuels are petroleum-based fuels, or petroleum and synthetic fuel blends, used to power aircraft. 35% during the forecast period. This includes a detailed market research of 64 research companies, enriched with industry statistics, industry insights, and a thorough industry analysis aviation, and apply higher incentives for aviation over ground transport, which has other energy alternatives. — Sustainable aviation fuel (SAF), an alternative fuel made from non-petroleum feedstocks, is currently employed in commercial aviation to significantly reduce carbon dioxide (CO2) emissions. miouer avgrj llnc ylxxlj kcgeqsi nmt osnefb ycg xmeuqwo qxqlihn osmp rsvygi ujckif cggcnog ycums