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.
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
Table of Contents
1 Executive Summary
2 Market Overview and Stakeholder Insights
3 Economic Summary
4 Country Risk Profiles
5 Global Commercial Aircraft Aviation Fuel Market Overview
6 North America Commercial Aircraft Aviation Fuel Market Overview
7 North America Commercial Aircraft Aviation Fuel Market by Fuel Type
8 North America Commercial Aircraft Aviation Fuel Market by Aircraft Type
9 North America Commercial Aircraft Aviation Fuel Market by Country
10 Market Dynamics
11 Competitive Landscape
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 115 |
Published | May 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 41.96 Billion |
Forecasted Market Value ( USD | $ 64.54 Billion |
Compound Annual Growth Rate | 4.4% |
Regions Covered | North America |
No. of Companies Mentioned | 10 |