openPR Logo
Press release

Jet Fuel Market Analysis by Fuel Grade (Jet A-1, Jet A, Jet B), End-User Application (Commercial Aircraft, Military Aircraft, Business Aircraft), and Forecast 2018 to 2023

10-02-2018 12:44 PM CET | Energy & Environment

Press release from: Orbis Research

Jet Fuel Market

Jet Fuel Market

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 emerging countries such as China and India and an expanding middle class in the Asia-Pacific region is expected to boost the total number of passengers resulting in growth for jet fuel market. Similar to the consumer demand for road transport, growth for air travel is expected to be fueled by the emerging markets such as China, Japan and India. Asia-Pacific holds a major share in the jet fuel market followed by Europe and North America regions.

Request for sample copy of Jet Fuel Market report at: http://www.orbisresearch.com/contacts/request-sample/2324909

Increase in the Air Passenger Number Driving the Jet Fuel Market

Demand for jet fuel has increased significantly over the last two years owing to the rise in airline passenger traffic. As per the International Civil Aviation Organization (ICAO), 3.97 billion passengers flew on scheduled flights around the world in 2017. According to the International Air Transport Association, this passenger number represented a growth of 8.8% y-o-y, as measured by revenue passenger kilometers (RPKs). These factors contribute to the increasing demand for jet fuel, which has been one of the strongest performers among transportation fuels in recent years. Jet fuel market is expected to witness a high growth rate with increased aviation travel and limited substitutes in this market. The International Energy Agency in its New Policies Scenario has stated that the demand for jet fuel is expected to rise more than 50% to above 9 million barrels per day by 2040.

Read more details of the report at: http://www.orbisresearch.com/reports/index/global-jet-fuel-market-growth-trends-and-forecast-2018-2023

Asia-Pacific Holds the Larhest Share in Jet Fuel Market

Asia-Pacific has emerged as one of the largest jet fuel markets in the recent years. With the rise in urbanization and increasing disposable incomes in the emerging economies across the region has resulted in the growth of air passengers in this region. Driven by changing demographic trends, Asia-Pacific increasing investments in transportation and manufacturing infrastructure is expected to boost the demand for jet fuel. Countries such as China, India, and Indonesia are expected to be the fastest growing markets in terms of annual additional passengers by 2036. With China’s economy shifting towards a more service- and consumption-driven model, the medium term demand for air freight is expected to increase in the coming years. These are some of the significant factors contributing to the growth of jet fuel market during the forecast period.

Passenger Aircraft– A Huge Market Potential

Due to the sharp increase in economic growth and disposable incomes in emerging countries demand for air travel is expected to double in the next two decades and grow almost by 4% each year. In 2017, approximately 3.97 billion passengers traveled by passenger aircrafts, and every year, more than half of the world’s tourists who cross international borders choose to go by air. This has generated a global revenue to the value of USD 534 billion in 2017. As international travel has become more accessible, the global tourist arrival count has greatly increased 1.24 billion in 2016. Increasing the number of flights performed and the number of low-cost carriers in countries such as China and India have accounted for more than 10% of the total aviation market in these countries.

Key Developments in the Jet Fuel Market

Nov, 2017: Shell aviation announced that it has signed a fuelling concession agreement to operate the new into-plane and fuel farm facilities as the sole jet fuel supplier at Salalah International Airport in Oman.

Jet Fuel Market Major Players
Exxon Mobil Corporation
Qatar Jet Fuel Company
Bharat Petroleum Corp Ltd
BP p.l.c
Chevron Corporation
Royal Dutch Shell Plc
Vitol
Allied Aviation Services, Inc.
Valero Marketing and Supply
Gazprom Neft PJSC
Reasons to Purchase Jet Fuel Market Report

Current and future jet fuel market outlook in the developed and emerging markets
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness fastest growth during the forecast period
Identify the latest developments, market share, and strategies employed by the major market players.
3 months analyst support along with the Market Estimate sheet (in excel)
Customize Jet Fuel Market Report

This report can be customized to meet your requirements. Please connect with our representative, who will ensure you to get a report that suits your needs

Companies Mentioned:

Exxon Mobil Corporation
Qatar Jet Fuel Company
Bharat Petroleum Corp Ltd
BP p.l.c
Chevron Corporation
Royal Dutch Shell Plc
Vitol
Allied Aviation Services, Inc.
Valero Marketing and Supply
Gazprom Neft PJSC

Enquire more details of the report at: http://www.orbisresearch.com/contact/purchase/2324909

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas – 75204, U.S.A.

Phone No.: +1 (214) 884-6817; +9164101019

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 Fuel Market Analysis by Fuel Grade (Jet A-1, Jet A, Jet B), End-User Application (Commercial Aircraft, Military Aircraft, Business Aircraft), and Forecast 2018 to 2023 here

News-ID: 1274948 • Views: 337

More Releases from Orbis Research

Catalog Management System Market Revenue, Key Players, Supply-Demand, Investment …
Orbisreports published a recent industry research report that spotlight on Catalog Management System and provides detailed analysis and future anticipation of Global Catalog Management System market. This research report supply a thorough study of past, present and future look of Catalog Management System industry. It illustrte Catalog Management System market forecast from 2019 to 2024 in-depth coupled with detail historical data as per client’s requirements. It covers Catalog Management System
Product Catalogue Management Software (PCM) Market Driving Factors, Industry Ana …
Orbisreports published a recent industry research report that spotlight on Product Catalogue Management Software (PCM) and provides detailed analysis and future anticipation of Global Product Catalogue Management Software (PCM) market. This research report supply a thorough study of past, present and future look of Product Catalogue Management Software (PCM) industry. It illustrte Product Catalogue Management Software (PCM) market forecast from 2019 to 2024 in-depth coupled with detail historical data as
Carpet Cleaning Scheduling Software Market Analysis By Product Types, Industry E …
Orbisreports published a recent industry research report that spotlight on Carpet Cleaning Scheduling Software and provides detailed analysis and future anticipation of Global Carpet Cleaning Scheduling Software market. This research report supply a thorough study of past, present and future look of Carpet Cleaning Scheduling Software industry. It illustrte Carpet Cleaning Scheduling Software market forecast from 2019 to 2024 in-depth coupled with detail historical data as per client’s requirements. It
Carpet Cleaning Management Software Market Industry Overview, Opportunities, In- …
Orbisreports published a recent industry research report that spotlight on Carpet Cleaning Management Software and provides detailed analysis and future anticipation of Global Carpet Cleaning Management Software market. This research report supply a thorough study of past, present and future look of Carpet Cleaning Management Software industry. It illustrte Carpet Cleaning Management Software market forecast from 2019 to 2024 in-depth coupled with detail historical data as per client’s requirements. It

All 5 Releases


More Releases for Jet

2017 Jet Bridge Market Embraces Advancements
September Offer – Flat 20% discount on purchase of this report from 15th to 30th September @ https://www.researchtrades.com/discount/1225023 For more offers post 30th September, kindly contact us. Contact No. : +16269994607 (US)/ +91 7507349866 (IND) Email: sales@researchtrades.com Report Overview: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Jet Bridge in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Jet
Jet Kerosene Market 2017 Industry:Oil Corporation, Qatar Jet Fuel, Birmingham Fu …
The report analyzes the Global Jet Kerosene Market size (volume and value) and industry chain structure published through its high quality database. The report provides key statistics on the market status of the Jet Kerosene manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. Complete report on Jet Kerosene market spreads across 113 pages profiling 14 companies and supported with 187 tables and
Jet Woocommerce extension upgraded to 3.0.X
Portland, Oregon – (April 12, 2017) – New version of Jet Woocommerce is now available. The extension has been upgraded in accordance to Woocommerce’s 3.0.1 launch on April 4th, 2017. The new version comprises of significant changes from its predecessor as there are several improvements and bugs been fixed in the new Woocommerce 3.0.X list. Some of the fixes are: * Fix - Show catalog hidden products within grouped products. * Fix
Global Business Jet Market Research Report 2021
This report studies Business Jet in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering Boeing Bombardier Airbus Cessna Dassault Aviation Embraer Gulfstream Beechcraft Eclipse Aerospace Honda Aircraft Diamond Jet Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=610424&ptitle=Global+Business+Jet+Market+Research+Report+2021&req=Sample Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Business Jet in these regions,
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