Aviation Fuel Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	221 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19224162

Best Price Guarantee
Price	from $4,850
Length	221 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19224162

Aviation Fuel Market

Growth Factors of Aviation Fuel Market

The aviation fuel market size was valued at USD 391.23 billion in 2023, and the market is now projected to grow from USD 431.70 billion in 2024 to USD 819.73 billion by 2032, exhibiting a CAGR of 8.35% during the forecast period of 2024-2032.

Aviation fuel is used for running the airplanes, and the source material is crude oil. These performance indicators are energy content of fuel, combustion quality, lubricity, stability, and non-corrosiveness. The outbreak of the COVID-19 pandemic reduced the demand of people to travel through airlines, which affected different industries such as passenger airlines, airports, aerospace manufacturers, and repair stations.

Sports tourism centers on the travel to participate or observe events or to support sporting activities, and big events such as Olympics and World Championships assist in escalating the tourism. Cricket and football licensing together with internation Onal bilateral series are the drivers of sports tourism, notably in India and Europe. The expansion of franchise tournaments in these sports also boosts air travel requirements and therefore spurs the growth of the sports tourism segment.

The use of sustainable fuel or bio-jet fuel is on an upward rise because of its lower carbon emission characteristics and similar composition as the regular jet fuel. Bio-jet fuel can cut a roundtrip lifecycle greenhouse gas emissions reduction by as much as the feedstock and manufacturing technologies. Waste resources can be utilized for its production proving economic benefits for farmers, environmentally friendly and can even benefit the aircraft by improving performance.

Comprehensive Analysis of Aviation Fuel Market

The aviation fuel market growth is also increasing exponentially because of the segmentation of its market. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by fuel type analysis, and by end-user analysis. By fuel type analysis jet fuel (aviation turbine fuel), aviation gas, and bio jet fuel. By end-user analysis incudes commercial, private, and military.

The Asia Pacific region lead the aviation fuel market share by benefitting a market size of USD 146.53 billion in 2023 due to increasing air travel demand.

Top players in the market have their responsibility of power & energy industrial prospectus growth of the retailing industry and the markets. These players include, Vitol, Exxon Mobil, Chevron Corporation, Shell Plc, Indian Oil Corporation Limited, TotalEnergies SE, BP Plc, Valero Energy Corporation, Marathon Petroleum Corporation, World Fuel Services Corporation, Essar Oil (UK) Limited, Bharat Petroleum Corporation Limited, Rosneft Deutschland GmbH, LUKOIL, China Aviation Oil (Singapore) Corporation Ltd, Viva Energy Group, Q8Aviation, PT Pertamina (Persero), ADNOC Distribution, Neste these market players provide a level-playing competitive landscape.

In January 2022, ExxonMobil acquired a 49.9% stake in Biojet AS, a Norwegian biofuels company focused on converting forest and timber construction waste into biofuels.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 8.35% from 2024-2032

Unit Value (USD Billion) and Volume (Thousand Tons)

Segmentation

By Fuel Type

Jet Fuel (Aviation Turbine Fuel)
Aviation Gas
Bio Jet Fuel

By End-user

Commercial
Private
Military

By Geography

North America (By Fuel Type, By End-user, By Country)
U.S.
Canada
Europe (By Fuel Type, By End-user, By Country)
U.K.
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific (By Fuel Type, By End-user, By Country)
China
India
Japan
Australia
Southeast Asia
Rest of Asia Pacific
Latin America (By Fuel Type, By End-user, By Country)
Brazil
Mexico
Rest of Latin America
Middle East & Africa (By Fuel Type, By End-user, By Country)
GCC
South Africa
Rest of Middle East & Africa

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions & Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Emerging Trends – For Major Countries; 4.2. Latest Technological Advancement; 4.3. Insight on Regulatory Landscape; 4.4. Porters Five Forces Analysis; 4.5. Impact of COVID-19 on the Aviation Fuel Market
5. Global Aviation Fuel Tier 1 Airport Suppliers, By Region: 5.1. North America; 5.2. Europe; 5.3. Asia Pacific; 5.4. Latin America; 5.5. Middle East & Africa
6. Global Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 6.1. Key Findings; 6.2. Market Analysis, Insights and Forecast – By Fuel Type; 6.2.1. Jet Fuel (Aviation Turbine Fuel); 6.2.2. Avgas; 6.2.3. Bio Jet Fuel; 6.3. Market Analysis, Insights and Forecast – By End User; 6.3.1. Commercial; 6.3.2. Private; 6.3.3. Military; 6.4. Market Analysis, Insights and Forecast – By Region; 6.4.1. North America; 6.4.2. Europe; 6.4.3. Asia Pacific; 6.4.4. Latin America; 6.4.5. Middle East & Africa
7. North America Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 7.1. Key Findings; 7.2. Market Analysis, Insights and Forecast – By Fuel Type; 7.2.1. Jet Fuel (Aviation Turbine Fuel); 7.2.2. Avgas; 7.2.3. Bio Jet Fuel; 7.3. Market Analysis, Insights and Forecast – By End User; 7.3.1. Commercial; 7.3.2. Private; 7.3.3. Military; 7.4. Market Analysis, Insights and Forecast – By Country; 7.4.1. U.S.; 7.4.2. Canada
8. Europe Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 8.1. Key Findings; 8.2. Market Analysis, Insights and Forecast – By Fuel Type; 8.2.1. Jet Fuel (Aviation Turbine Fuel); 8.2.2. Avgas; 8.2.3. Bio Jet Fuel; 8.3. Market Analysis, Insights and Forecast – By End User; 8.3.1. Commercial; 8.3.2. Private; 8.3.3. Military; 8.4. Market Analysis, Insights and Forecast – By Country; 8.4.1. United Kingdom; 8.4.2. Germany; 8.4.3. France; 8.4.4. Italy; 8.4.5. Spain; 8.4.6. Russia; 8.4.7. Rest of Europe
9. Asia Pacific Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 9.1. Key Findings; 9.2. Market Analysis, Insights and Forecast – By Fuel Type; 9.2.1. Jet Fuel (Aviation Turbine Fuel); 9.2.2. Avgas; 9.2.3. Bio Jet Fuel; 9.3. Market Analysis, Insights and Forecast – By End User; 9.3.1. Commercial; 9.3.2. Private; 9.3.3. Military; 9.4. Market Analysis, Insights and Forecast – By Country; 9.4.1. China; 9.4.2. India; 9.4.3. Japan; 9.4.4. Australia; 9.4.5. Southeast Asia; 9.4.6. Rest of Asia Pacific
10. Latin America Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 10.1. Key Findings; 10.2. Market Analysis, Insights and Forecast – By Fuel Type; 10.2.1. Jet Fuel (Aviation Turbine Fuel); 10.2.2. Avgas; 10.2.3. Bio Jet Fuel; 10.3. Market Analysis, Insights and Forecast – By End User; 10.3.1. Commercial; 10.3.2. Private; 10.3.3. Military; 10.4. Market Analysis, Insights and Forecast – By Country; 10.4.1. Brazil; 10.4.2. Mexico; 10.4.3. Rest of Latin America
11. Middle East & Africa Aviation Fuel Market (USD Billion, Thousand Tonnes) Analysis, Insights, and Forecast, 2019-2032: 11.1. Key Findings; 11.2. Market Analysis, Insights and Forecast – By Fuel Type; 11.2.1. Jet Fuel (Aviation Turbine Fuel); 11.2.2. Avgas; 11.2.3. Bio Jet Fuel; 11.3. Market Analysis, Insights and Forecast – By End User; 11.3.1. Commercial; 11.3.2. Private; 11.3.3. Military; 11.4. Market Analysis, Insights and Forecast – By Country; 11.4.1. GCC; 11.4.2. South Africa; 11.4.3. Rest of Middle East & Africa
12. Competitive Analysis: 12.1. Company Market Share Analysis, 2023; 12.2. Company Profile; 12.2.1. Vitol; 12.2.1.1. Business Overview; 12.2.1.2. Product Application, & Services; 12.2.1.3. Recent Developments; 12.2.1.4. Financials (Based on Availability); 12.2.2. Exxon Mobil; 12.2.2.1. Business Overview; 12.2.2.2. Product Application, & Services; 12.2.2.3. Recent Developments; 12.2.2.4. Financials (Based on Availability); 12.2.3. Chevron Corporation; 12.2.3.1. Business Overview; 12.2.3.2. Product Application, & Services; 12.2.3.3. Recent Developments; 12.2.3.4. Financials (Based on Availability); 12.2.4. Shell Plc; 12.2.4.1. Business Overview; 12.2.4.2. Product Application, & Services; 12.2.4.3. Recent Developments; 12.2.4.4. Financials (Based on Availability); 12.2.5. Indian Oil Corporation Limited; 12.2.5.1. Business Overview; 12.2.5.2. Product Application, & Services; 12.2.5.3. Recent Developments; 12.2.5.4. Financials (Based on Availability); 12.2.6. TotalEnergies SE; 12.2.6.1. Business Overview; 12.2.6.2. Product Application, & Services; 12.2.6.3. Recent Developments; 12.2.6.4. Financials (Based on Availability); 12.2.7. BP plc; 12.2.7.1. Business Overview; 12.2.7.2. Product Application, & Services; 12.2.7.3. Recent Developments; 12.2.7.4. Financials (Based on Availability); 12.2.8. Valero Energy Corporation; 12.2.8.1. Business Overview; 12.2.8.2. Product Application, & Services; 12.2.8.3. Recent Developments; 12.2.8.4. Financials (Based on Availability); 12.2.9. Marathon Petroleum Corporation; 12.2.9.1. Business Overview; 12.2.9.2. Product Application, & Services; 12.2.9.3. Recent Developments; 12.2.9.4. Financials (Based on Availability); 12.2.10. World Fuel Services Corporation; 12.2.10.1. Business Overview; 12.2.10.2. Product Application, & Services; 12.2.10.3. Recent Developments; 12.2.10.4. Financials (Based on Availability); 12.2.11. Essar Oil (UK) Limited; 12.2.11.1. Business Overview; 12.2.11.2. Product Application, & Services; 12.2.11.3. Recent Developments; 12.2.11.4. Financials (Based on Availability); 12.2.12. Bharat Petroleum Corporation Limited; 12.2.12.1. Business Overview; 12.2.12.2. Product Application, & Services; 12.2.12.3. Recent Developments; 12.2.12.4. Financials (Based on Availability); 12.2.13. Rosneft Deutschland GmbH; 12.2.13.1. Business Overview; 12.2.13.2. Product Application, & Services; 12.2.13.3. Recent Developments; 12.2.13.4. Financials (Based on Availability); 12.2.14. Lukoil; 12.2.14.1. Business Overview; 12.2.14.2. Product Application, & Services; 12.2.14.3. Recent Developments; 12.2.14.4. Financials (Based on Availability); 12.2.15. China Aviation Oil (Singapore) Corporation Ltd; 12.2.15.1. Business Overview; 12.2.15.2. Product Application, & Services; 12.2.15.3. Recent Developments; 12.2.15.4. Financials (Based on Availability); 12.2.16. Viva Energy Group; 12.2.16.1. Business Overview; 12.2.16.2. Product Application, & Services; 12.2.16.3. Recent Developments; 12.2.16.4. Financials (Based on Availability); 12.2.17. Q8Aviation; 12.2.17.1. Business Overview; 12.2.17.2. Product Application, & Services; 12.2.17.3. Recent Developments; 12.2.17.4. Financials (Based on Availability); 12.2.18. PT Pertamina(Persero); 12.2.18.1. Business Overview; 12.2.18.2. Product Application, & Services; 12.2.18.3. Recent Developments; 12.2.18.4. Financials (Based on Availability); 12.2.19. ADNOC (Abu Dhabi National Oil Company) Distribution; 12.2.19.1. Business Overview; 12.2.19.2. Product Application, & Services; 12.2.19.3. Recent Developments; 12.2.19.4. Financials (Based on Availability); 12.2.20. Neste; 12.2.20.1. Business Overview; 12.2.20.2. Product Application, & Services; 12.2.20.3. Recent Developments; 12.2.20.4. Financials (Based on Availability)