Global Commercial Aircraft Aviation Fuel Market 2024-2028
Global Commercial Aircraft Aviation Fuel Market 2024-2028
The commercial aircraft aviation fuel market is forecasted to grow by USD 56.6 bn during 2023-2028, accelerating at a CAGR of 8.1% during the forecast period. The report on the commercial aircraft aviation fuel market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in demand for air travel, increasing disposable income of consumers, and launch of new aviation fuel technology.
Technavio's commercial aircraft aviation fuel market is segmented as below:
By Application
- Passenger aircraft
- Cargo aircraft
By Type
- Air turbine fuel (ATF)
- Aviation biofuel
- Others
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the increasing efficiency of airlines as one of the prime reasons driving the commercial aircraft aviation fuel market growth during the next few years. Also, rise in availability and cost of alternative aircraft and government initiative to promote the adoption of sustainable aviation fuels will lead to sizable demand in the market.
The report on the commercial aircraft aviation fuel market covers the following areas:
- Commercial aircraft aviation fuel market sizing
- Commercial aircraft aviation fuel market forecast
- Commercial aircraft aviation fuel market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial aircraft aviation fuel market vendors that include Abu Dhabi National Oil Co., Bharat Petroleum Corp. Ltd., BP Plc, Chevron Corp., Essar, Exxon Mobil Corp., Indian Oil Corp. Ltd., Kuwait Petroleum International Ltd., Marathon Petroleum Corp., Neste Corp., PJSC LUKOIL, PT Pertamina Persero, Reliance Industries Ltd., Rosneft Deutschland GmbH, Shell plc, TotalEnergies SE, Valero Energy Corp., Vitol Netherlands Cooperatief UA, Viva Energy Group Ltd., and World Kinect Corp. Also, the commercial aircraft aviation fuel market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.