Introduction

Aviation Fuel 2020

Aviation Fuel Market is gaining popularity as better qualities of the products, and rising number of flights are creating more traction. Aviation Fuel is a different type of petroleum-based fuel used to power aircraft. It is produced from processing crude oil in a petroleum refinery. The fuel is of greater quality and may contain additives to lower the risk of icing or explosion due to high temperature etc. The price of Aviation Fuel is less as compared to other types of fuel. It is of importance on part of the Aviation industry to move towards cleaner fuels and encourage green environment.

The increasing demand for air cargo transportation is expected to drive the Aviation Fuel Market growth because of its fuel efficiency.  By using a higher quality of Aviation Fuel the efficiency of airplanes is increased and thus will reduce carbon emissions and ensure sustainable air travel. By developing economies and reducing the airfare, the Aviation Fuel Market will grow at a significant pace. The military sector plays a vital role in generating revenues by consuming a considerable amount of Aviation Fuel thus propelling the market to a new height.

Government effort to decrease pollution and increase awareness towards the environment across the world is driving the Aviation Fuel Market further. Efforts have been initiated to reduce the carbon emission and securing energy by the Government and Aviation Industry across the globe. The government is investing hugely on this purpose and is the primary factor for the increasing demand for Aviation Fuel Market. The stringent regulations applied to the oil and gas industry and the fluctuating price of crude oil are hampering the growth of the Aviation Fuel Market.

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Segmentation:

The global Aviation Fuel Market is segmented based on aviation fuel type – Jet Fuel A, A-1, and Jet B and Biofuel. Jet Fuel A, A-1 is a mix of pure kerosene, and it powers modern commercial airlines. Jet B is a blend of Naptha-kerosene and Biofuel is any liquid fuel that is derived from biological materials such as agricultural waste, trees, crops, or Grass. They are alternative to conventional fossil fuels, such as coal, natural gas, petroleum or propane. The global Aviation Fuel Market can be segmented based on application into – Commercial, Defence and others. The defense sector plays a major part in the growth of the Aviation Fuel Market.

Regional Analysis:

In terms of region, North America and Europe’s Aviation Fuel Market performance will show better growth due to its dominance in the Aviation Fuel Market. As North America and Europe have better expenditure capacity, both the market is expected to expand at a significant pace. Both regions will drive the market share. Aviation Fuel Market will show extensive growth in the Middle East and Africa (MEA), by making alterations in the present industry scenario. The Asia-Pacific (APAC) market is also gaining reliable traction from the revamping of the aviation industry. It is expected that during the coming period, Asia-Pacific (APAC) will drive the Aviation Fuel Market due to the increase in air traffic passengers.

Trends in the Market:

Although with the low oil prices which have been a significant contributor to recent growth in air transportation, the amount of the fuel is only part of the picture. With aviation, fuel costs running at around a third of overall airline costs, passing on the lower oil prices to the customers in the form of lower ticket costs have certainly contributed to the strong performance.

Non-OECD markets are also following a similar path, for example, China, has been undergoing progressive liberalization since the early 2000s, lifting price caps on domestic flights in 2018, while India deregulated since 1994, continues to work on openness; the country now has the largest LCC (Low-cost carrier) sector, seconded by Indonesia, with China running third.

In recent years, emissions norms being strict for airlines operating companies which have shown interest towards alternative jet fuel which was trending majorly in developed economies like US and European countries where they tried using bio jet fuel last year replacing conventional ones.

New Infrastructure developments leading to better connectivity in the air travel sector in the developing nations like China & India, and Indonesia, which led to increase in the air travel passengers, in turn driving the demand for Aviation fuel.

Why Purchase the Report

• To gain immense market opportunities lying in the Global Aviation fuel market which includes alternative fuels like CNG, bio jet fuel.

• To determine the potential of this sector which is in continuously growing as the demand of the passengers is increasing year on year.

• This report brings down an in-depth analysis of the future estimated growth in the aviation fuel market with qualitative interviews of the experts.

• To identify and implements a strategy to enter into this developing and growing sector.

Who can buy this report?

• Researchers/Scholars

• Airlines companies

• Fuel suppliers/manufacturers

• Aviation Industry professionals

• Emerging Companies

• Education & Research Institutes

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Table of Contents

1. Global Aviation fuel Market-Methodology and Scope

    1.1. Research Methodology

    1.2. The scope of the report

2. Global Aviation Market – Key Developments

    2.1. Latest News & Updates

3. Global Aviation Fuel Market –Industry Analysis

    3.1. Market drivers

    3.2. Market Restraints

    3.3. Porters Analysis

4. Global Aviation fuel Market Segmentation

    4.1. By Fuel type

      4.1.1. Jet A-1

      4.1.2. Jet A

      4.1.3. Jet B

      4.1.4. ATF Biofuel

    4.2. By Application

      4.2.1. Commercial aircraft

          4.2.1.1. Cargo aircraft

          4.2.1.2. Passenger aircraft

      4.2.2. Defense aircraft

      4.2.3. Others(Personal aircrafts)

5. Global Aviation fuel Market-By Geographical Regions

    5.1. North America Region

      5.1.1. United States

      5.1.2. Canada

      5.1.3. Mexico

      5.1.4. Rest of North America

    5.2. South America Region

      5.2.1. Brazil

      5.2.2. Argentina

      5.2.3. Chile

      5.2.4. Rest of South America

    5.3. Asia Pacific Region

      5.3.1. China

      5.3.2. India

      5.3.3. Australia

      5.3.4. Japan

      5.3.5. Rest of Asia Pacific

    5.4. Europe Region

      5.4.1. Germany

      5.4.2. UK

      5.4.3. France

      5.4.4. Rest of Europe

    5.5. Rest of the World

Continued……….

NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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