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 4.40% between 2025 and 2034, reaching a value of USD 64.54 Billion by 2034.
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
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Commercial Aircraft Aviation Fuel Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Commercial Aircraft Aviation Fuel Historical Market (2018-2024)
- 5.3 Global Commercial Aircraft Aviation Fuel Market Forecast (2025-2034)
- 5.4 Global Commercial Aircraft Aviation Fuel Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 North America Commercial Aircraft Aviation Fuel Market Overview
- 6.1 Key Industry Highlights
- 6.2 North America Commercial Aircraft Aviation Fuel Historical Market (2018-2024)
- 6.3 North America Commercial Aircraft Aviation Fuel Market Forecast (2025-2034)
- 7 North America Commercial Aircraft Aviation Fuel Market by Fuel Type
- 7.1 Jet Fuel
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Kerosene Gasoline Mixture
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Aviation Gasoline (AVGAS)
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Biokerosene
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Sustainable Aviation Fuels
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 2 Forecast Trend (2025-2034)
- 8 North America Commercial Aircraft Aviation Fuel Market by Aircraft Type
- 8.1 Fixed Wing
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Rotary Wing
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 North America Commercial Aircraft Aviation Fuel Market by Country
- 9.1 United States of America
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Canada
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Market Dynamics
- 10.1 SWOT Analysis
- 10.1.1 Strengths
- 10.1.2 Weaknesses
- 10.1.3 Opportunities
- 10.1.4 Threats
- 10.2 Porter’s Five Forces Analysis
- 10.2.1 Supplier’s Power
- 10.2.2 Buyer’s Power
- 10.2.3 Threat of New Entrants
- 10.2.4 Degree of Rivalry
- 10.2.5 Threat of Substitutes
- 10.3 Key Indicators for Demand
- 10.4 Key Indicators for Price
- 11 Competitive Landscape
- 11.1 Supplier Selection
- 11.2 Key Global Players
- 11.3 Key Regional Players
- 11.4 Key Player Strategies
- 11.5 Company Profiles
- 11.5.1 BP p.l.c.
- 11.5.1.1 Company Overview
- 11.5.1.2 Product Portfolio
- 11.5.1.3 Demographic Reach and Achievements
- 11.5.1.4 Certifications
- 11.5.2 Shell plc
- 11.5.2.1 Company Overview
- 11.5.2.2 Product Portfolio
- 11.5.2.3 Demographic Reach and Achievements
- 11.5.2.4 Certifications
- 11.5.3 Exxon Mobil Corporation
- 11.5.3.1 Company Overview
- 11.5.3.2 Product Portfolio
- 11.5.3.3 Demographic Reach and Achievements
- 11.5.3.4 Certifications
- 11.5.4 Chevron Corporation
- 11.5.4.1 Company Overview
- 11.5.4.2 Product Portfolio
- 11.5.4.3 Demographic Reach and Achievements
- 11.5.4.4 Certifications
- 11.5.5 Honeywell International Inc.
- 11.5.5.1 Company Overview
- 11.5.5.2 Product Portfolio
- 11.5.5.3 Demographic Reach and Achievements
- 11.5.5.4 Certifications
- 11.5.6 Valero Energy Corporation
- 11.5.6.1 Company Overview
- 11.5.6.2 Product Portfolio
- 11.5.6.3 Demographic Reach and Achievements
- 11.5.6.4 Certifications
- 11.5.7 Gevo, Inc.
- 11.5.7.1 Company Overview
- 11.5.7.2 Product Portfolio
- 11.5.7.3 Demographic Reach and Achievements
- 11.5.7.4 Certifications
- 11.5.8 TotalEnergies SE
- 11.5.8.1 Company Overview
- 11.5.8.2 Product Portfolio
- 11.5.8.3 Demographic Reach and Achievements
- 11.5.8.4 Certifications
- 11.5.9 Neste Oyj
- 11.5.9.1 Company Overview
- 11.5.9.2 Product Portfolio
- 11.5.9.3 Demographic Reach and Achievements
- 11.5.9.4 Certifications
- 11.5.10 Swedish Biofuels AB
- 11.5.10.1 Company Overview
- 11.5.10.2 Product Portfolio
- 11.5.10.3 Demographic Reach and Achievements
- 11.5.10.4 Certifications
- 11.5.11 Others
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