Aviation Fuel Card Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type (Merchant and Branded) and Application (Commercial and Private)

List of Tables

The aviation fuel card market was valued at US$ 2,459.07 million in 2022 and is projected to reach US$ 4,743.44 million by 2030; it is expected to record a CAGR of 8.6% from 2022 to 2030.

Growing Adoption of Sustainable Aviation Fuel is Driving the Aviation Fuel Card Market Growth

The need for sustainable aviation fuel is growing significantly to reduce carbon emissions in the aviation industry. Sustainable aviation fuel (SAF) is an alternative jet fuel derived from renewable and waste feedstocks that can reduce greenhouse gas emissions during its entire lifecycle. In recent years, SAF production and use in the US have increased; this fuel is now used by airlines at two major commercial airports in California. While the US produced 15.8 million gallons in 2022, it contributed to less than 0.1% of total jet fuel utilized by major airlines in the country. Thirty-eight of the world's largest airlines have pledged to reach net-zero emissions targets by 2050 or before, Alaska Airlines, American Airlines, Delta, JetBlue, Southwest, and United Airlines are some of them.

In 2023, at the Dubai Airshow, officials from Boeing and Zero Petroleum signed an agreement to accelerate the development of synthetic sustainable aviation fuel (SAF). In 2023, Neste assisted the Trollhattan-Vanersborg airport and the airline Vastflyg to become the world's first airline to use sustainable aviation fuel on all flights. In 2023, Emirates agreed to supply approximately 300,000 gallons of blended sustainable aviation fuel (SAF) to the airline's international hub in Dubai (DXB) through a partnership with Shell Aviation. Such initiatives are projected to increase the adoption of sustainable aviation fuel. Aviation fuel card suppliers can expand their business by offering attractive offers and discounts on the purchase of sustainable aviation fuel. This will ultimately lead to higher adoption and usage of aviation fuel cards. Further, by partnership with fixed-based operators, fuel card service providers can expand the network to supply sustainable aviation fuel. Thus, the rise in sustainable aviation fuel transactions is anticipated to have ample opportunities for the aviation fuel card market growth during the forecast period.

Germany, France, and the UK are estimated to acquire a major share of the Europe aviation fuel card market. One of the primary factors for the market growth is high fuel consumption in the UK, Germany, and France. Germany is a world leader in aviation and aerospace technology. According to the Federal Statistical Office (Destatis), the number of people arriving or departing German airports in 2022 was more than double that of 2021. The aviation fuel card market share in France is mainly driven by the widely spread fuel card network by fuel-producing companies such as Total Energies and Air BP. Total Energies offers its services to private and commercial aviation sectors. Total Energies Jet A-1 aviation fuel card is currently active in approximately 100 airports in France. The UK aviation fuel card market share is driven by a variety of factors, such as increased aviation fuel consumption, a rise in preference for sustainable fuel, and key players' activities. In August 2023, Avfuel added London Southend Jet Centre, the airport-owned and operated FBO at London Southend Airport (EGMC), to its European dealer network. Since 2019, the aviation industry in Russia has experienced negative growth in air travel. Reduced air traffic negatively impacted fuel consumption, ultimately affecting the aviation fuel card market growth. New issuance of aviation fuel cards since 2019 has decreased notably, owing to negative growth of the aviation industry and aviation market in Russia.

Shell Plc, BP Plc, Associated Energy Group LLC, Viva Energy Group Ltd., TITAN Aviation Fuels Inc., CSI Enterprises Inc., Total Energies, EPIC Aviation LLC, Avfuel Corp, and Kropp Holdings Inc are among the key aviation fuel card market players profiled during this study. In addition, several other important aviation fuel card market players have been studied and analyzed during the study to get a holistic view of the aviation fuel card market and its ecosystem.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the aviation fuel card market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the aviation fuel card market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Product Code: TIPRE00031432

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Aviation Fuel Card Market Landscape

4.1 Overview
4.2 PORTER Analysis
4.3 Ecosystem Analysis
- 4.3.1 Fuel Card Suppliers
  - 4.3.1.1 Branded Fuel Card Suppliers
  - 4.3.1.2 Merchant Fuel Card Suppliers
- 4.3.2 End Users
- 4.3.3 List of Aviation Fuel Card Suppliers

5. Aviation Fuel Card Market - Key Industry Dynamics

5.1 Aviation Fuel Card Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Rising Fuel Consumption
- 5.2.2 Growing Demand for the Cost Optimization Using Fuel Cards
5.3 Market Restraints
- 5.3.1 Presence of Alternative Payment Methods
5.4 Market Opportunities
- 5.4.1 Growing Adoption of Sustainable Aviation Fuel
5.5 Future Trends
- 5.5.1 Rising Investments in New Airport and Fixed Base Operator Center Construction
5.6 Impact of Drivers and Restraints:

6. Aviation Fuel Card Market - Global Market Analysis

6.1 Aviation Fuel Card Market Revenue (US$ Million), 2022 - 2030
6.2 Aviation Fuel Card Market Forecast and Analysis

7. Aviation Fuel Card Market Analysis - Type

7.1 Merchant
- 7.1.1 Overview
- 7.1.2 Merchant Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Branded
- 7.2.1 Overview
- 7.2.2 Branded Market, Revenue and Forecast to 2030 (US$ Million)

8. Aviation Fuel Card Market Analysis - Application

8.1 Commercial
- 8.1.1 Overview
- 8.1.2 Commercial Market Revenue, and Forecast to 2030 (US$ Million)
8.2 Private
- 8.2.1 Overview
- 8.2.2 Private Market Revenue, and Forecast to 2030 (US$ Million)

9. Aviation Fuel Card Market - Geographical Analysis

9.1 Overview
9.2 North America
- 9.2.1 North America Aviation Fuel Card Market Overview
- 9.2.2 North America Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.2.3 North America Aviation Fuel Card Market Breakdown by Type
  - 9.2.3.1 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Type
- 9.2.4 North America Aviation Fuel Card Market Breakdown by Application
  - 9.2.4.1 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Application
- 9.2.5 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.2.5.1 North America Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.2.5.2 US Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.2.1 US Aviation Fuel Card Market Breakdown by Type
    - 9.2.5.2.2 US Aviation Fuel Card Market Breakdown by Application
  - 9.2.5.3 Canada Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.3.1 Canada Aviation Fuel Card Market Breakdown by Type
    - 9.2.5.3.2 Canada Aviation Fuel Card Market Breakdown by Application
  - 9.2.5.4 Mexico Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.2.5.4.1 Mexico Aviation Fuel Card Market Breakdown by Type
    - 9.2.5.4.2 Mexico Aviation Fuel Card Market Breakdown by Application
9.3 Europe
- 9.3.1 Europe Aviation Fuel Card Market Overview
- 9.3.2 Europe Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.3.3 Europe Aviation Fuel Card Market Breakdown by Type
  - 9.3.3.1 Europe Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Type
- 9.3.4 Europe Aviation Fuel Card Market Breakdown by Application
  - 9.3.4.1 Europe Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Application
- 9.3.5 Europe Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.3.5.1 Europe Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.3.5.2 France Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.2.1 France Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.2.2 France Aviation Fuel Card Market Breakdown by Application
  - 9.3.5.3 Germany Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.3.1 Germany Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.3.2 Germany Aviation Fuel Card Market Breakdown by Application
  - 9.3.5.4 Italy Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.4.1 Italy Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.4.2 Italy Aviation Fuel Card Market Breakdown by Application
  - 9.3.5.5 UK Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.5.1 UK Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.5.2 UK Aviation Fuel Card Market Breakdown by Application
  - 9.3.5.6 Russia Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.6.1 Russia Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.6.1.1 Russia Aviation Fuel Card Market Breakdown by Application
  - 9.3.5.7 Rest of Europe Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.3.5.7.1 Rest of Europe Aviation Fuel Card Market Breakdown by Type
    - 9.3.5.7.2 Rest of Europe Aviation Fuel Card Market Breakdown by Application
9.4 Asia Pacific Aviation Fuel Card Market
- 9.4.1 Overview
- 9.4.2 Asia Pacific Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
- 9.4.3 Asia Pacific Aviation Fuel Card Market Breakdown by Type
  - 9.4.3.1 Asia Pacific Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Type
- 9.4.4 Asia Pacific Aviation Fuel Card Market Breakdown by Application
  - 9.4.4.1 Asia Pacific Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Application
- 9.4.5 Asia Pacific Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.4.5.1 Asia Pacific Aviation Fuel Card Market Revenue and Forecasts and Analysis - By Country
  - 9.4.5.2 Australia Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.2.1 Australia Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.2.2 Australia Aviation Fuel Card Market Breakdown by Application
  - 9.4.5.3 China Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.3.1 China Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.3.2 China Aviation Fuel Card Market Breakdown by Application
  - 9.4.5.4 India Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.4.1 India Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.4.2 India Aviation Fuel Card Market Breakdown by Application
  - 9.4.5.5 Japan Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.5.1 Japan Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.5.2 Japan Aviation Fuel Card Market Breakdown by Application
  - 9.4.5.6 South Korea Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.6.1 South Korea Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.6.2 South Korea Aviation Fuel Card Market Breakdown by Application
  - 9.4.5.7 Rest of Asia Pacific Aviation Fuel Card Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.4.5.7.1 Rest of Asia Pacific Aviation Fuel Card Market Breakdown by Type
    - 9.4.5.7.2 Rest of Asia Pacific Aviation Fuel Card Market Breakdown by Application
9.5 MEA: Aviation Fuel Card Market
- 9.5.1 MEA: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
- 9.5.2 MEA: Aviation Fuel Card Market- By Type
- 9.5.3 MEA: Aviation Fuel Card Market- By Application
- 9.5.4 MEA: Aviation Fuel Card Market- by Key Country
  - 9.5.4.1 South Africa: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.5.4.1.1 South Africa: Aviation Fuel Card Market- By Type
    - 9.5.4.1.2 South Africa: Aviation Fuel Card Market- By Application
  - 9.5.4.2 Saudi Arabia: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.5.4.2.1 Saudi Arabia: Aviation Fuel Card Market- By Type
    - 9.5.4.2.2 Saudi Arabia: Aviation Fuel Card Market- By Application
  - 9.5.4.3 UAE: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.5.4.3.1 UAE: Aviation Fuel Card Market- By Type
    - 9.5.4.3.2 UAE: Aviation Fuel Card Market- By Application
  - 9.5.4.4 Rest of MEA: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.5.4.4.1 Rest of MEA: Aviation Fuel Card Market- By Type
    - 9.5.4.4.2 Rest of MEA: Aviation Fuel Card Market- By Application
9.6 SAM: Aviation Fuel Card Market
- 9.6.1 SAM: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
- 9.6.2 SAM: Aviation Fuel Card Market- By Type
- 9.6.3 SAM: Aviation Fuel Card Market- By Application
- 9.6.4 SAM: Aviation Fuel Card Market- by Key Country
  - 9.6.4.1 Brazil: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.6.4.1.1 Brazil: Aviation Fuel Card Market- By Type
    - 9.6.4.1.2 Brazil: Aviation Fuel Card Market- By Application
  - 9.6.4.2 Argentina: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.6.4.2.1 Argentina: Aviation Fuel Card Market- By Type
    - 9.6.4.2.2 Argentina: Aviation Fuel Card Market- By Application
  - 9.6.4.3 Rest of SAM: Aviation Fuel Card Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.6.4.3.1 Rest of SAM: Aviation Fuel Card Market- By Type
    - 9.6.4.3.2 Rest of SAM: Aviation Fuel Card Market- By Application

10. Aviation Fuel Card Market - Impact of COVID-19 Pandemic

10.1 Pre & Post Covid-19 Impact

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions

13. Company Profiles

13.1 Shell Plc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 BP Plc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Associated Energy Group LLC
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Viva Energy Group Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 TITAN Aviation Fuels Inc
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 CSI Enterprises Inc
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 TotalEnergies SE
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
13.8 EPIC Aviation LLC
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
13.9 Kropp Holdings Inc
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
13.10 Avfuel Corp
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
13.11 Multi Service Corp
- 13.11.1 Key Facts
- 13.11.2 Business Description
- 13.11.3 Products and Services
- 13.11.4 Financial Overview
- 13.11.5 SWOT Analysis
- 13.11.6 Key Developments

14. Appendix

14.1 Word Index