Aviation fuel are dedicated fuel and petroleum products used specifically for the aviation sector for both commercial as well as military end-users. The aviation fuel generally contains additional additives to sustain the operational temperatures of aircraft and extensively regulated by the international agencies and government authorities. Furthermore, the continuous investment into the development of improved fuel for commercial applications along with superior energy efficiencies is poised to provide several lucrative business opportunities for the market players during the coming years.
MARKET DYNAMICS
The notable surge in air passengers globally coupled with rising number of commercial aircraft fleet are the major factor propelling the growth of global aviation fuel market. Moreover, the significant increase in demand from the military is further anticipated to propel the growth of the market during the coming years. Additionally, the favorable adoption of biofuel in commercial aviation industry is also projected to supplement the growth of the market during the later forecast period. Hence, the global aviation fuel market is set to witness robust growth opportunities in the coming years.
MARKET SCOPE
The "Global Aviation Fuel Market Analysis to 2028" is a specialized and in-depth study of the aviation fuel industry with a special focus on the global market trend analysis. The report aims to provide an overview of aviation fuel market with detailed market segmentation by grade, end-user and geography. The global aviation fuel market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aviation fuel market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aviation fuel market is segmented on the basis of grade and end-user. Based on grade, the aviation fuel market is segmented into het fuel, aviation gasoline, and biokerosene. On the basis of end-user, the market is divided into civil airlines, miliary and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aviation fuel market based on various segments. it also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aviation fuel market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of various countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting aviation fuel market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for the aviation fuel market for each region.
MARKET PLAYERS
The reports cover key developments in the aviation fuel market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from aviation fuel market are anticipated to lucrative growth opportunities in the future with the rising demand for aviation fuel in the global market. Below mentioned is the list of few companies engaged in the aviation fuel market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, key development in the past five years.
BP plc
Chevron Corporation
Exxon Mobil Corporation
Hindustan Petroleum Corporation Limited
Mercury Air Group, Inc.
PJSC Gazprom
Qatar Jet Fuel Company
Royal Dutch Shell PLC
Total SE
World Fuel Services Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.