North America Aviation Fuel Market Size- By Fuel Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
North America Aviation Fuel Market Introduction and Overview
According to SPER market research, ‘North America Aviation Fuel Market Size – By Fuel Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the North America Jet Fuel Market is predicted to reach USD XX million by 2033 with a CAGR of 16.51%.
Aircraft are powered by aviation fuel, which is produced from refined petroleum and comes in a variety of forms. The expansion of the aviation sector in many developing countries and the growing appeal of air travel are the main factors driving the increased demand for aviation fuel. All market participants should expect significant potential during the research period due to the development of the newest aviation fuels and the growing demand for low-cost airlines.
The COVID-19 epidemic has caused unprecedented hurdles for industry participants and has had a substantial impact on the aviation fuel business in North America. Airlines were compelled to suspend fleets and reduce flying frequency due to travel restrictions, border closures, and a dramatic decline in demand for passenger air travel. The amount of aviation fuel used as a result was significantly reduced.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Fuel Type, By Application
Regions covered United States, Canada, Rest of North America
Companies CoveredAllied Aviation Services Inc, BP PLC, Chevron Corporation, Exxon Mobil Corporation, Honeywell International Inc, Pan American Energy S.L., Shell PLC, TotalEnergies SE, Valero Marketing and Supply, and others.
North America Aviation Fuel Market Segmentation
By Fuel Type:Based on the Fuel Type, North America Aviation Fuel Market is segmented as; Air Turbine Fuel, Aviation Biofuel, AVGAS.
By Application:Based on the Application, North America Aviation Fuel Market is segmented as; Commercial, Defence, General Aviation.
By Region:This research also includes data for United States, Canada, Rest of North America.