Aviation Fuel Market Insights, Forecast to 2025

The global aviation fuel market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the shifting tend towards air travel, particularly in developing economies across the globe. Increasing number of aircraft carriers and presence of large number of airline operators are expected to drive the growth of the market over the forecast period. Globally, market is predicted to generate massive revenue over next five years, providing numerous opportunities for industry participants to invest in research and development of aviation fuel market.

However, rising crude oil prices coupled with growing competition in the market are key challenges for industry growth to a certain extent. Yet, increasing adoption of bio-fuel and renewable aviation fuel is expected to foster industry expansion in the upcoming years. In addition, rise in air traffic and aircraft fleet in both commercial and military applications is predicted to spur the growth of aviation fuel market over the forecast period. Growing air cargo transportation in size & volume is estimated to offer several growth prospects to industry participants over the next seven years.

Rising freight traffic is the key market trend associated with aviation fuel industry, in the past few years. Improved living standards coupled with rising per capita income, particularly in the BRICS economies such as Brazil, Russia, India, China and South Africa are major contributing factors for robust market growth. Increasing air passengers each years, diverging demographic outlooks, and liberalization of aviation markets are predicted to stimulate industry expansion.

The market is broadly categorized into two major segments based on the application type such as aviation turbine fuel and aviation biofuel. Aviation turbine fuel segment is growing rapidly in the market with substantial revenue generation in the last few years. Growing demand for aviation turbine fuel segment is attributed to the increasing use of gas-turbine engines to power aircrafts. Aviation biofuel segment has also witnessed substantial growth due to the favorable government initiatives to promote use of biofuels and rising cost of crude oils.

The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in oil & gas sector, surge in number of research & development activities in the region and existence of well-established industrial infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to increasing adoption of the bio-fuels and renewable fuels.

Asia-Pacific region is estimated to hold major share in the aviation fuel industry with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with rising number passengers, increasing airline fleets, improved living standards, rising disposable income and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in aviation fuel market are BP plc, Chevron Corp., Amyris Inc., LanzaTech Inc., Exxon Mobil Corp., Gazprom Neft LLC, Royal Dutch Shell plc, and Hindustan Petroleum Co., Ltd.

Market Segment:

This report focuses on the top manufacturers' Aviation Fuel capacity, production, value, price and market share of Aviation Fuel in global market. The following manufacturers are covered in this report:
• BP
• Chevron
• Exxon Mobil
• Gazprom
• Royal Dutch Shell
• HPCL

Aviation Fuel Breakdown Data by Type
• Solid Dye
• Liquid Dye

Aviation Fuel Breakdown Data by Application
• Military
• Civil

Aviation Fuel Production Breakdown Data by Region
• United States
• Europe
• China
• Japan
• Other Regions

Aviation Fuel Breakdown Data by Region
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Malaysia
• Philippines
• Thailand
• Vietnam
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Rest of South America
• Middle East & Africa
• GCC Countries
• Turkey
• Egypt
• South Africa
• Rest of Middle East & Africa

The key points are:
• To analyze and research the global Aviation Fuel capacity, production, value, status and forecast;
• To focus on the key Aviation Fuel manufacturers and study the capacity, production, value, market share and development plans in next few years.
• To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application and region.
• To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
• To identify significant trends and factors driving or inhibiting the market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.