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Aviation Fuel Market worth $636.45 billion by 2030, growing at a CAGR of 13.68% - Exclusive Report by 360iResearch
Aviation Fuel Market | 360iResearch
The Global Aviation Fuel Market to grow from USD 259.36 billion in 2023 to USD 636.45 billion by 2030, at a CAGR of 13.68%.
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Aviation fuel is a type of petroleum-based or synthetic fuel formulated specifically for use in aircraft. The rising number of commercial and military aviation fleets and proliferating trade and eCommerce activities are raising the demand for aviation fuel globally. Government initiatives for the development of sustainable aviation fuel are resulting in elevated research on aviation fuels. However, crude oil price volatility may adversely influence the cost of aviation fuels. Moreover, rapidly expanding airports coupled with sports tourism are anticipated to propel the demand for aviation fuels globally.
The aviation fuel market is evolving in the Americas owing to well-established airline's significant production and refinery capacity of aviation fuels in the region. The large number of commercial flights, dense network of airports, and emphasis on sustainability in aviation are encouraging the growth of the aviation fuel market in the EMEA region. The aviation fuel market is growing in the Asia-Pacific region, driven by increasing air travel demand and measures to promote the use of sustainable aviation fuel. Besides, technological advancements and environmental regulations are expanding research on aviation fuels globally.
Market Segmentation & Coverage:
This research report categorizes the Aviation Fuel Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Conventional Fuel and Sustainable Fuel. The Sustainable Fuel is further studied across Bio Fuel and Hydrogen Fuel. The Conventional Fuel is projected to witness significant market share during forecast period.
Based on Aircraft Type, market is studied across Fixed Wing and Rotary Wing. The Rotary Wing is projected to witness significant market share during forecast period.
Based on End User, market is studied across Business & General Aviation, Commercial Aviation, Military Aviation, and Unmanned Aerial Vehicle. The Business & General Aviation is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.07% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Aviation Fuel Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Aviation Fuel Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Aviation Fuel Market, highlighting leading vendors and their innovative profiles. These include Abu Dhabi National Oil Company, Aemetis, Inc., Atmosfair, Avfuel Corporation, Bharat Petroleum Corporation Limited, BP p.l.c., Chevron Corporation, China Aviation Oil (Singapore) Corporation Ltd., Emirates National Oil Company, EPIC Fuels, Essar Oil (UK) Limited, Exxon Mobil Corporation, Flightworx, Fulcrum BioEnergy, Galaxy Aviation Services, Gazprom Neft' PAO, Gevo, Hindustan Petroleum Corp. Ltd., Honeywell International Inc., Hypoint, Inc., Indian Oil Corporation Limited, Johnson Matthey, KLM Royal Dutch Airlines, Lanzatech, Lufthansa Group, LUKOIL, Marathon Petroleum Corporation, Neste Oyj, Oman Oil Marketing Company, OMV Aktiengesellschaft, Petróleo Brasileiro S.A., Phillips 66 Aviation, Preem AB, PT Pertamina, Q8Aviation, Qatar Jet Fuel Company, Red Rock Biofuels LLC, Rosneft Deutschland GmbH, Sasol, Shell PLC, Sinopec Group, SkyNRG, Swedish Biofuels AB, TotalEnergies SE, Valero Energy Corporation, Vitol Aviation, Viva Energy Group, Wastefuel, World Energy, and World Fuel Services Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Aviation Fuel Market, by Type
7. Aviation Fuel Market, by Aircraft Type
8. Aviation Fuel Market, by End User
9. Americas Aviation Fuel Market
10. Asia-Pacific Aviation Fuel Market
11. Europe, Middle East & Africa Aviation Fuel Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Aviation Fuel Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Aviation Fuel Market?
3. What is the competitive strategic window for opportunities in the Aviation Fuel Market?
4. What are the technology trends and regulatory frameworks in the Aviation Fuel Market?
5. What is the market share of the leading vendors in the Aviation Fuel Market?
6. What modes and strategic moves are considered suitable for entering the Aviation Fuel Market?
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Mr. Ketan Rohom
Sales & Marketing,
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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