Europe Aviation Fuel Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Europe Aviation Fuel Market and It is Segmented by Fuel Type (Air Turbine Fuel (ATF), Aviation Biofuel, and Avgas), Application (Commercial, Defense, and General Aviation), and Geography (United Kingdom, Germany, Italy, France, Spain, Nordic, Turkey, Russia, and the Rest of Europe). The Market Size and Forecasts are Provided in Terms of Revenue (USD) for all the Above Segments.

Europe Aviation Fuel Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Aviation Fuel Market Size

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Europe Aviation Fuel Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 69.91 Billion
Market Size (2030) USD 97.69 Billion
CAGR (2025 - 2030) 6.92 %
Market Concentration Low

Major Players

Europe Aviation Fuel Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Europe Aviation Fuel Market Analysis

The Europe Aviation Fuel Market size is estimated at USD 69.91 billion in 2025, and is expected to reach USD 97.69 billion by 2030, at a CAGR of 6.92% during the forecast period (2025-2030).

  • In the medium term, several factors are driving the demand for jet fuel in Europe. These include a rise in air passengers due to recent reductions in airfare and the expansion of flight routes.
  • However, the growing adoption of electric and hybrid aircraft poses a challenge to this market growth.
  • Despite these challenges, the European Commission is pushing for increased mandates on sustainable aviation fuel (SAF) to curb greenhouse gas emissions. Such initiatives are poised to unlock substantial opportunities in the aviation fuel market.
  • Europe boasts the largest market size for aviation fuel, with the United Kingdom at the forefront. Given its current leadership, the UK is set to maintain its dominance in the coming years.

Europe Aviation Fuel Industry Overview

The Europe aviation fuel market is semi-fragmented. Some of the major companies (in no particular order)include PJSC Gazprom, BP PLC, Shell PLC, TotalEnergies SE, Neste Oyj, and others.

Europe Aviation Fuel Market Leaders

  1. PJSC Gazprom

  2. Neste Oyj

  3. BP PLC

  4. TotalEnergies SE

  5. Shell Plc

  6. *Disclaimer: Major Players sorted in no particular order
Europe Aviation Fuel Market Concentration
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Europe Aviation Fuel Market News

  • September 2024: Air France-KLM has agreed to buy up to 1.5 million tons of alternative aviation fuel from TotalEnergies over the next 10 years, until 2035. This partnership aims to reduce carbon emissions and support sustainable aviation. The deal aligns with broader efforts to promote cleaner energy in the aviation industry.
  • June 2024: Turkish Airlines was recognized as the “Most Sustainable Flag Carrier Airline” by World Finance for the third year in a row. The airline has implemented various sustainability initiatives, such as the CO2mission carbon offset program and using Sustainable Aviation Fuel (SAF) on new routes. These efforts are part of their goal to become a Carbon-Neutral Airline by 2050.

Europe Aviation Fuel Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2029
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.1.1 Rising Air Passenger Traffic
    • 4.5.1.2 Sustainable Aviation Fuel (SAF) Mandates
    • 4.5.2 Restraints
    • 4.5.2.1 High Volatile Fuel Costs
  • 4.6 Supply Chain Analysis
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Bargaining Power of Suppliers
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Threat of New Entrants
    • 4.7.4 Threat of Substitute Products and Services
    • 4.7.5 Intensity of Competitive Rivalry
  • 4.8 Investment Analysis

5. MARKET SEGMENTATION

  • 5.1 Fuel Type
    • 5.1.1 Air Turbine Fuel (ATF)
    • 5.1.2 Aviation Biofuel
    • 5.1.3 Avgas
  • 5.2 Application
    • 5.2.1 Commercial
    • 5.2.2 Defense
    • 5.2.3 General Aviation
  • 5.3 Geography
    • 5.3.1 United Kingdom
    • 5.3.2 Germany
    • 5.3.3 Italy
    • 5.3.4 France
    • 5.3.5 Spain
    • 5.3.6 Nordic
    • 5.3.7 Turkey
    • 5.3.8 Russia
    • 5.3.9 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Repsol SA
    • 6.3.2 BP PLC
    • 6.3.3 Royal Dutch Shell PLC
    • 6.3.4 Total SA
    • 6.3.5 Exxon Mobil Corporation
    • 6.3.6 Gazprom Neft PJSC
    • 6.3.7 Neste Oyj
  • *List Not Exhaustive
  • 6.4 List of Other Prominent Countries
  • 6.5 Market Ranking Analysis

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Aim to increase sustainable aviation fuel (SAF) use to reduce greenhouse gas emissions
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Europe Aviation Fuel Industry Segmentation

Aviation fuels are petroleum-based fuels or mixtures of petroleum and synthetic fuels that are used to power airplanes. They are subject to stricter regulations than fuels used for stationary purposes, such as heating and driving. They contain additives to improve or preserve characteristics vital to fuel management or performance.

The Europe aviation fuel market is segmented by fuel type, application, and geography. By fuel type, the market is segmented into air turbine fuel, aviation biofuel, and AVGAS. By application, the market is segmented into commercial, defense, and general aviation. The report also covers the market size and forecasts for the Aviation fuels market across major countries in the region. For each segment, the market sizing and forecasts have been done based on revenue (USD billion).

Fuel Type Air Turbine Fuel (ATF)
Aviation Biofuel
Avgas
Application Commercial
Defense
General Aviation
Geography United Kingdom
Germany
Italy
France
Spain
Nordic
Turkey
Russia
Rest of Europe
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Europe Aviation Fuel Market Research FAQs

How big is the Europe Aviation Fuel Market?

The Europe Aviation Fuel Market size is expected to reach USD 69.91 billion in 2025 and grow at a CAGR of 6.92% to reach USD 97.69 billion by 2030.

What is the current Europe Aviation Fuel Market size?

In 2025, the Europe Aviation Fuel Market size is expected to reach USD 69.91 billion.

Who are the key players in Europe Aviation Fuel Market?

PJSC Gazprom, Neste Oyj, BP PLC, TotalEnergies SE and Shell Plc are the major companies operating in the Europe Aviation Fuel Market.

What years does this Europe Aviation Fuel Market cover, and what was the market size in 2024?

In 2024, the Europe Aviation Fuel Market size was estimated at USD 65.07 billion. The report covers the Europe Aviation Fuel Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Aviation Fuel Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Aviation Fuel in Europe Industry Report

Statistics for the 2025 Europe Aviation Fuel market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Aviation Fuel analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.