openPR Logo
Press release

Jet Kerosene (Fuel) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020

Rapid growth in the airline industry driven by new technological developments is anticipated to drive growth in the jet kerosene market. Increasing investment in the airline industry owing to the growth in the global population is expected to further accelerate growth in the global jet kerosene market. Jet fuels are either kerosene or petroleum-based fuels used to power aircrafts. These fuels are usually of higher quality as compared to fuel used in applications such as road transport and heating. Kerosene is believed to be the highest quality fuel with the best combination of properties. The primary purpose of aviation fuels is to power an aircraft; combustion quality and air content are two most important performance properties. Several other qualities of jet fuel include cleanliness, non-corrosivity, volatility, fluidity, lubricity, and stability. Besides being an energy source to power the aircraft, jet fuel can also be used as a coolant for certain fuel system components and as a hydraulic fuel in an engine control system.

Interpret a Competitive outlook Analysis Report with free PDF Brochure:http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=356

The global jet kerosene fuel market has been segmented on the basis of product grade, application, and geography to depict an overall market scenario. On the basis of product grade, the global jet kerosene fuel market can be given as Jet A-1, Jet A and Jet B. Segmentation on the basis of application for the global jet fuel market can be made as Aviation, Chemicals, Steel, Shipping, Oil refining, Power generation, Railways, and Metallurgy. Jet A-1 is a kerosene grade fuel that is widely used in turbine engine aircraft. This fuel is produced to a stringent standard at a flash point above 38 degrees. Jet A is a kerosene type of fuel with majority of applications in the U.S. On the other hand, Jet B is a distillate covering kerosene and naphtha fractions. It is basically used an alternative to Jet A-1 fuel; however, this type of fuel is difficult to handle owing to its high flammability. On the basis of application segment, aviation industry holds the major portion of market share in the global jet fuel market. Aviation fuel forms an important cost element of the total material cost. Jet fuel holds nearly 40% of the total input cost for the airline company.

The global jet kerosene (fuel) market is anticipated to rise significantly in the future. Market growth is driven by a rise in the global economic growth. Global economic growth is a key factor driving growth in the air traffic demand. Air transport industry is likely to play a key role in long-term economic growth and economic development of nation worldwide. It allows country’s integration into global economy providing an increased number of economic benefits and direct benefits to users through its positive impact on economic performance and productivity. Furthermore, airline liberalization can create an increased demand and ensure that the increased connectivity services are available for long-term period. Improvements in GDP growth and productivity and greater aviation connectivity can also boost country’s competitiveness. The above mentioned factors are likely to drive greater growth in the aviation industry. This would further increase demand for the jet kerosene fuel. Price volatility of the aviation fuel may restrain growth in the jet fuel market. Moreover, competitive scenario and globalization demand competitive pricing in absence of which the airline companies would lose considerable business. However, growing population and disposable income across the globe is likely to provide ample growth opportunities for the market.

Asia Pacific, driven by the rise in number of passengers preferring airline as a travelling option, is expected to lead the market in terms of demand for jet fuel. North America and Europe are expected to be the key growth regions for the market.

Some of the key players in the global jet kerosene (fuel) market include Indian Oil Corporation Limited, Valero Marketing and Supply Company, BP, Allied Aviation Services, Inc., and Qatar Jet Fuel Company.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip S
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Jet Kerosene (Fuel) Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2014 - 2020 here

News-ID: 346110 • Views:

More Releases for Jet

Mitanette Cooper Partners with Jet Smarter DBA XO Jet backed by Jay Z
Mitanette Cooper is a renowned name when it comes to beating statistics, stereotypes, odds set against you and kicking down doors of discrimination. Who is Mitanette Cooper? Sources have confirmed that Mitanette Cooper is named a Public Figure with a high net worth estimated to be over $100,000,000 that has silently escaped the grasp of the media by leading a low key lifestyle until her recent acquisition backed by rapper and business
Business Jet Market is Booming Worldwide with Top Key companies like NetJets IP, …
Business Jet Market research report provides essential and knowledgeable insights on the market and details a descriptive account of the current scope and trend of the market following the global landscape. The report offers a comprehensive yet extremely effective data profiling of the Business Jet market. The report offers a view of the current scenario of the Business Jet market and a descriptive account of the history of the market
Jet Bridge Market Report 2018: Segmentation by Type (Apron drive jet bridge, Nos …
Global Jet Bridge market research report provides company profile for Avicorp Middle East, Ameribridge, Deerns, ADELTE, CIMC Airport Facilities, FMT, JBT, Thyssenkrupp and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also
Jet Fuel Market Analysis by Fuel Grade (Jet A-1, Jet A, Jet B), End-User Applica …
The jet fuel is a type of aviation fuel and one of the major petroleum products produced from processing crude oil in a petroleum refinery. The jet fuel market is expected to witness a high growth rate during the forecast period, 2018 to 2023. Demand for air travel is expected to double in the next two decades and grow by almost 4% every year. The strong economic growth in the
Private jet service climbs
Portsmouth, NH - While private jet charter service is nowhere near the robust levels it enjoyed prior to the economic bloodletting of 2008, the use of private jets is definitely on the upswing. Private jet service in Europe and the U.S. increased 9% in January 2011. Overall, it was up 5.5% last year. Over all, increase in private jet service can be attributed to increased travel of private jets to
Jet Pilots Power Cocktail is Jet Set Parties Favourite: Pilotsfriend Immunizer
(Paris, Los Angeles) Whether in the cockpit of a jet fighter or on a lengthy intercontinental flight, pilots depend on their alertness and concentration abilities, their reaction time as well as their strong powers of resistance. In order to effectively support this performance ability the idea of a vitalizing power cocktail was born that complies with the high requirements placed on jet pilots. Loyal to the motto “Only the best