Aviation Turbine Fuel (ATF) Market Quantitative Market analysis, Current and Future Trends forecast 2021-2027 | LanzaTech, Neste Oil

The global “Aviation Turbine Fuel (ATF)” market report 2021-2027 provides comprehensive research that focuses on the overall consumption structure, development trends, sales models and sales of top countries in the global Aviation Turbine Fuel (ATF) market. The report focuses on well-known providers in the global Aviation Turbine Fuel (ATF) industry, market segments, competition, and the macro environment.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

The global Aviation Turbine Fuel (ATF) market exhibited moderate growth during 2021-2027. Looking forward, the market to grow at a CAGR of around 5.23%.

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The leading market players listed are:

Air BP, Chevron, Exide, Exxon Mobil, Gazprom, Shell, AltAir Fuels, Amyris, Gevo, Hindustan Petroleum, Honeywell, LanzaTech, Neste Oil, Primus Green Energy, SkyNRG

A holistic study of the market is made by considering a variety of factors, from demographics conditions and business cycles in a particular country to market-specific microeconomic impacts. The study found the shift in market paradigms in terms of regional competitive advantage and the competitive landscape of major players.

Market Overview:

In commercial airlines, around 4.23 billion people traveled by aircraft in 2018, in comparison to 3.9 billion in 2017 and the air cargo business registered 3.4% of growth in demand from 2017. The constant increase in demand is further promulgating the aviation fuel market in comparison to other end users.
Boeing has collaborated with World Wide Fund in 2019 and has invested USD 1 Million in Brazil for sustainable aviation fuel (SAF) industry. Owing to increased environmental concerns, the SAF poses immense opportunity for the aviation fuel market.

Types of Products:

Kerosene-type Fuels
Naphtha-type Fuels

Application spectrum:

Military
Civil

Regions and Countries Level Analysis:

Asia-Pacific has emerged as one of the largest aviation 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.
Routes to, from and within Asia-Pacific are expected to witness an extra 2.35 billion annual passengers by 2037, for a total market size of 3.9 billion passengers. On a global level, the number of trips per person is expected to increase by 4-8% per year for many emerging countries but could be as high as 10-11% per year in the case of China and India.
China is expected to surpass the United States as the world’s largest aviation market (defined as traffic to, from and within the country) in the mid-2020s. The re-balancing of the country’s economy towards consumption is expected to support strong passenger demand over the long term.

The report offers an in-depth assessment of the growth and other aspects of the Aviation Turbine Fuel (ATF) market in important countries (regions), including:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, etc.)

Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)

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Market Analysis:

Commercial segment accounts for the largest share in the aviation fuel market. In 2018, around 4.3 billion passengers were carried by air transport on scheduled services, representing an increase of 6.9% over the previous year. The number of departures rose to approximately 38 million globally, and world passenger traffic, expressed in terms of total scheduled revenue passenger-kilometers (RPKs), grew solidly at 6.7% and reached approximately 8.2 trillion RPKs performed in 2018.
The passenger airline network has expanded to exceed 20,000 unique city pairs and freight tonnes carried by cargo airline was valued at USD 111.3 billion in 2018. The increase in air travel demand outstripped the industry capacity expansion. In 2018, the total capacity offered by the world’s airlines, expressed in available seat-kilometers (ASKs), increased globally by around 6.0% over the previous year.

Research Objectives:

To study and analyze the global Aviation Turbine Fuel (ATF) consumption (value & volume) by key regions/countries, type and application, history data from 2021 to 2027, and forecast to 2027.

To understand the structure of Aviation Turbine Fuel (ATF) market by identifying its various subsegments.

Focuses on the key global Aviation Turbine Fuel (ATF) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Aviation Turbine Fuel (ATF) with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of Aviation Turbine Fuel (ATF) submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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