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Aviation Fuel Market 2023 - Size. Share, Segments, Data, Growth, And Forecast
Aviation Fuel Market
The Business Research Company's Aviation Fuel Global Market Report 2023 identifies rise in air transportation across the globe is driving the growth of the aviation fuel market. The rising population and increasing middle-class population's earnings have significantly increased the demand for air transportation in various developed and developing countries across the world. As air transportation increases, the need for aviation fuel also increases significantly as aviation fuel is a basic requirement for aircraft to fly.
The global aviation fuel market size grew from $189.07 billion in 2022 to $217.19 billion in 2023 at a compound annual growth rate (CAGR) of 14.9%. The aviation fuel market size is expected to grow to $399.87 billion in 2027 at a CAGR of 16.5%..
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Major competitors in the aviation fuel market are British Petroleum (BP) P.L.C, Chevron Corporation, Exxon Mobil Corporation, PJSC Gazprom, Indian Oil Corporation Limited, Petróleo Brasileiro SA, Royal Dutch Shell PLC., Total SA, Hindustan Petroleum Corp. Ltd., Honeywell International Inc., Marathon Petroleum Corp, Sinopec Group, Oman Oil Company SAOC, Neste Oyj, and TotaEnergies SE.
Biofuel that can significantly reduce carbon emissions is an emerging trend in the aviation fuel market. Aviation fuel companies are increasingly investing in the production of biofuels to offer sustainable and emission free fuel to aerospace companies.
Read More On The Global Aviation Fuel Market Report Here:
https://www.thebusinessresearchcompany.com/report/aviation-fuel-global-market-report
The aviation fuel market is segmented -
• By Fuel Type: Jet A, Jet A1, Jet B, JP 5, JP 8, Avgas, Biofuel
• By Grade: Jet fuel, Aviation Gasoline, Biokerosene
• By End Use: Commercial, Military, Private, Other End Uses
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the aviation fuel market.
The Business Research Company's "Global Aviation Fuel Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aviation Fuel Market Include:
1. Aviation Fuel Market Executive Summary
2. Aviation Fuel Market Segments
3. Aviation Fuel Market Size And Aviation Fuel Market Growth Rate
4. Key Aviation Fuel Market Trends
5. Major Aviation Fuel Market Drivers
……
25. Key Mergers And Acquisitions In The Aviation Fuel Market
26. Top Aviation Fuel Companies
27. Aviation Fuel Market Opportunities And Strategies
28. Aviation Fuel Market, Conclusions And Recommendations
29. Appendix
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