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The Aviation Fuel Market size was estimated at USD 259.36 billion in 2023, USD 294.39 billion in 2024, and is expected to grow at a CAGR of 13.68% to reach USD 636.45 billion by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
Aviation fuel is a type of petroleum-based or synthetic fuel formulated specifically for use in aircraft. The rising number of commercial and military aviation fleets and proliferating trade and eCommerce activities are raising the demand for aviation fuel globally. Government initiatives for the development of sustainable aviation fuel are resulting in elevated research on aviation fuels. However, crude oil price volatility may adversely influence the cost of aviation fuels. Moreover, rapidly expanding airports coupled with sports tourism are anticipated to propel the demand for aviation fuels globally.
Regional Insights
The aviation fuel market is evolving in the Americas owing to well-established airline's significant production and refinery capacity of aviation fuels in the region. The large number of commercial flights, dense network of airports, and emphasis on sustainability in aviation are encouraging the growth of the aviation fuel market in the EMEA region. The aviation fuel market is growing in the Asia-Pacific region, driven by increasing air travel demand and measures to promote the use of sustainable aviation fuel. Besides, technological advancements and environmental regulations are expanding research on aviation fuels globally.FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Aviation Fuel Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aviation Fuel Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Aviation Fuel Market, highlighting leading vendors and their innovative profiles. These include Abu Dhabi National Oil Company, Aemetis, Inc., Atmosfair, Avfuel Corporation, Bharat Petroleum Corporation Limited, BP p.l.c., Chevron Corporation, China Aviation Oil (Singapore) Corporation Ltd., Emirates National Oil Company, EPIC Fuels, Essar Oil (UK) Limited, Exxon Mobil Corporation, Flightworx, Fulcrum BioEnergy, Galaxy Aviation Services, Gazprom Neft' PAO, Gevo, Hindustan Petroleum Corp. Ltd., Honeywell International Inc., Hypoint, Inc., Indian Oil Corporation Limited, Johnson Matthey, KLM Royal Dutch Airlines, Lanzatech, Lufthansa Group, LUKOIL, Marathon Petroleum Corporation, Neste Oyj, Oman Oil Marketing Company, OMV Aktiengesellschaft, Petróleo Brasileiro S.A., Phillips 66 Aviation, Preem AB, PT Pertamina, Q8Aviation, Qatar Jet Fuel Company, Red Rock Biofuels LLC, Rosneft Deutschland GmbH, Sasol, Shell PLC, Sinopec Group, SkyNRG, Swedish Biofuels AB, TotalEnergies SE, Valero Energy Corporation, Vitol Aviation, Viva Energy Group, Wastefuel, World Energy, and World Fuel Services Corporation.Market Segmentation & Coverage
This research report categorizes the Aviation Fuel Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Conventional Fuel
- Sustainable Fuel
- Bio Fuel
- Hydrogen Fuel
- Aircraft Type
- Fixed Wing
- Rotary Wing
- End User
- Business & General Aviation
- Commercial Aviation
- Military Aviation
- Unmanned Aerial Vehicle
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast of the Aviation Fuel Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aviation Fuel Market?
- What are the technology trends and regulatory frameworks in the Aviation Fuel Market?
- What is the market share of the leading vendors in the Aviation Fuel Market?
- Which modes and strategic moves are suitable for entering the Aviation Fuel Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Aviation Fuel Market, by Type
7. Aviation Fuel Market, by Aircraft Type
8. Aviation Fuel Market, by End User
9. Americas Aviation Fuel Market
10. Asia-Pacific Aviation Fuel Market
11. Europe, Middle East & Africa Aviation Fuel Market
12. Competitive Landscape
13. Competitive Portfolio
14. Appendix
List of Figures
List of Tables
Companies Mentioned
- Abu Dhabi National Oil Company
- Aemetis, Inc.
- Atmosfair
- Avfuel Corporation
- Bharat Petroleum Corporation Limited
- BP p.l.c.
- Chevron Corporation
- China Aviation Oil (Singapore) Corporation Ltd.
- Emirates National Oil Company
- EPIC Fuels
- Essar Oil (UK) Limited
- Exxon Mobil Corporation
- Flightworx
- Fulcrum BioEnergy
- Galaxy Aviation Services
- Gazprom Neft' PAO
- Gevo
- Hindustan Petroleum Corp. Ltd.
- Honeywell International Inc.
- Hypoint, Inc.
- Indian Oil Corporation Limited
- Johnson Matthey
- KLM Royal Dutch Airlines
- Lanzatech
- Lufthansa Group
- LUKOIL
- Marathon Petroleum Corporation
- Neste Oyj
- Oman Oil Marketing Company
- OMV Aktiengesellschaft
- Petróleo Brasileiro S.A.
- Phillips 66 Aviation
- Preem AB
- PT Pertamina
- Q8Aviation
- Qatar Jet Fuel Company
- Red Rock Biofuels LLC
- Rosneft Deutschland GmbH
- Sasol
- Shell PLC
- Sinopec Group
- SkyNRG
- Swedish Biofuels AB
- TotalEnergies SE
- Valero Energy Corporation
- Vitol Aviation
- Viva Energy Group
- Wastefuel
- World Energy
- World Fuel Services Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 182 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 294.39 Billion |
| Forecasted Market Value ( USD | $ 636.45 Billion |
| Compound Annual Growth Rate | 13.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 50 |
