Chemicals, Fuels & Wood Products

Jet Fuel: Market Size, Growth & Forecast to 2030

The Jet Fuel market is valued at about $195 billion (2026) and is projected to grow at a 3.8% CAGR through 2030. The largest cost driver is Crude Oil Feedstock (65% of spend). North America leads demand at 30%.

Market size
$195.0 bn (2026)
CAGR to 2030
+3.8%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 3.8% CAGR.

1211141071001002026103.82027107.72028111.82029116.12030120.52031

Cost structure

Crude Oil Feedstock
65%
Refinery Processing and Energy
15%
Logistics and Pipeline Transportation
10%
Storage and Terminaling
5%
Compliance and Carbon Offsets
5%

Regional demand split

North America demand
30%
Asia Pacific demand
32%
Europe demand
22%
Middle East and Africa demand
9%
Rest of world demand
7%

Key suppliers

ExxonMobilShellBPTotalEnergiesChevronSinopecValero Energy
Read the full Jet Fuel report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/jet-fuel