The aviation fuel market size is expected to grow from USD 249.9 billion in 2022 and is projected to reach USD 696.2 billion by 2030, at a CAGR of 13.7% during the forecast period. The market for aviation fuel is driven by various factors, such as demand to reduce emissions and increasing air passenger traffic. However, price difference between SAF and conventional jet fuel is limiting the overall growth of the market.
The power-to-liquid segment of sustainable fuel is estimated to register the highest CAGR of the aviation fuel market from 2022 to 2030
Based on sustainable fuel type, the power-to-liquid segment of the aviation fuel market is estimated to register highest CAGR from 2022 to 2030. Increasing need to develop renewable aviation fuels is driving the growth of power-to-liquid segment of aviation fuel market. The economic feasibility of power-to-liquid sustainable aviation fuel is one of the significant factors driving the growth of the aviation fuel market.
The narrow body aircraft type is estimated to account for the largest share of the aviation fuel market in 2022
Based on aircraft type, the narrow body aircraft is estimated to account for the largest share of the aviation fuel market in 2022. Traditionally, narrow bodies have been used for short and medium-haul flights. But technological advances, such as improved design, light composite materials, and the use of biofuel, have made it possible to fly them over longer distances due to improved fuel efficiency. With the rise in air travel and air passenger traffic, there has been a surging demand for narrow-body aircraft. These are the driving factors that are leading to the growth of aircraft type segment of the aviation fuel market.
North America is estimated to account for the largest share of the aviation fuel market in 2022
North America is estimated to account for the largest share of the aviation fuel market in 2022. The aviation and aerospace sectors in the region are growing steadily. This has consequently created a significant demand for aviation fuel. The growth of the aviation fuel market in this region is driven by factors such as the increased use of aircrafts by airlines to meet the passenger traffic, largest aircraft fleet size, and the presence of major aviation fuel refineries.
Break-up of profiles of primary participants in the aviation fuel market
- By Company Type: Tier 1 - 49%, Tier 2 - 37%, and Tier 3 - 14%
- By Designation: C-Level Executives - 55%, Director Level - 27%, Others- 18%
- By Region: North America - 55%, Europe - 27%, Asia Pacific - 9%, Rest of the World - 9%
Key players in the aviation fuel market are Exxon Mobil Corporation (US), Chevron Corporation (US), British Petroleum (UK), Shell (UK), TotalEnergies (France), Neste (Finland), Gazprom (Russia), World Fuel Service (US), Indian Oil Corporation (India), and Valero Energy Corporation (US) among others. These companies supply aviation fuel in various countries across North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Research Coverage:
The market study covers the aviation fuel market across segments. It aims at estimating the market size and growth potential of this market across various segments, such as fuel type, aircraft type, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall aviation fuel market and its subsegments. This report covers the entire ecosystem of aviation fuels, and disruptive technologies, such as alcohol-to-jet (ATJ), sun-to-liquid solar fuel and hydrogen fuel cells. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on aviation fuel offered by top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the aviation fuel market
- Market Development: Comprehensive information about lucrative markets - the report analyzes the aviation fuel market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the aviation fuel market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the aviation fuel market
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.3 Study Scope
1.3.1 Aviation Fuel Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Currency Considered
1.4.1 USD Exchange Rates
1.5 Inclusions and Exclusions
Table 1 Aviation Fuel Market: Inclusions and Exclusions
1.6 Limitations
1.7 Market Stakeholders
2 Research Methodology
2.1 Research Data
Figure 1 Research Flow
Figure 2 Research Design
2.2 Secondary Data
2.2.1 Secondary Sources
2.3 Primary Data
2.3.1 Primary Sources
2.3.1.1 Breakdown of Primaries: by Company Type, Designation, and Region
2.4 Factor Analysis
2.4.1 Introduction
2.4.2 Demand-Side Indicators
2.4.3 Supply-Side Indicators
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach
Figure 3 Market Size Estimation: Bottom-Up Approach
2.5.2 Top-Down Approach
Figure 4 Market Size Estimation: Top-Down
2.6 Market Breakdown and Data Triangulation
Figure 5 Data Triangulation Methodology
2.7 Assumptions
2.8 Risk Analysis
3 Executive Summary
Figure 6 By Fuel Type, Sustainable Fuel Segment Projected to Lead Market During Forecast Period
Figure 7 By Aircraft Type, Narrow Body Aircraft Segment Estimated to Dominate Market in 2022
Figure 8 North America Estimated to Account for Largest Market Share in 2022
4 Premium Insights
4.1 Attractive Opportunities for Players in Aviation Fuel Market
Figure 9 Increasing Demand for Sustainable Fuel to Drive Market
4.2 Aviation Fuel Market, by Fuel Type
Figure 10 Conventional Fuel Segment Estimated to Lead Market in 2022
4.3 Aviation Fuel Market, by Country
Figure 11 Aviation Fuel Market in Australia to Register Highest CAGR During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 12 Aviation Fuel Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Demand to Reduce Emissions
5.2.1.3 Rising Initiatives by Governments to Adopt Saf
5.2.1.4 Better Fuel Efficiency of Saf Than Conventional Fuel
5.2.2 Restraints
5.2.2.1 Inadequate Availability of Feedstock and Refineries to Meet Saf Production Demand
5.2.2.2 Harmful Environmental Effects of Aviation Fuel
5.2.2.3 Rising Electric and Hybrid Aircraft
5.2.2.4 Price Difference Between Saf and Conventional Jet Fuel
5.2.3 Opportunities
5.2.3.1 Increasing Crude Oil Prices
5.2.3.2 Growing Need for Alternative Aviation Fuel
5.2.3.3 Initiatives by Us Government to Reduce Tax on Aviation Fuel
5.2.4 Challenges
5.2.4.1 High Investments for Approval and Certification of Saf
5.2.4.2 Large Production of Saf Required to Meet Fuel Demand
5.3 Trends/Disruptions Impacting Customer Business
5.3.1 Revenue Shift and New Revenue Pockets for Aviation Fuel Market
Figure 13 Revenue Shift in Aviation Fuel Market
5.4 Aviation Fuel Market Ecosystem
5.4.1 Prominent Companies
5.4.2 Small and Medium-Sized Enterprises
5.4.3 End-users
Figure 14 Aviation Fuel Market Ecosystem Map
Table 2 Aviation Fuel Market Ecosystem
5.5 Technology Analysis
5.5.1 Improved Engine Technologies and Aircraft Design
5.5.2 New Composite Lightweight Materials
5.5.3 Electrofuels
5.6 Use Case Analysis
5.6.1 Offtake Agreements
5.6.2 Sunfire E-Crude to Produce E-Fuel
5.6.3 Chemical Plant by Ineratec GmbH for Power-To- Liquid Technology
5.6.4 Green Propellant Infusion
5.7 Value Chain Analysis
Figure 15 Value Chain Analysis: Aviation Fuel Market
5.7.1 Feedstock Producers and Traders
5.7.2 Technology Providers
5.7.3 Producers
5.7.4 Oems and Regulatory Authorities
5.7.5 Distributors
5.7.6 Airports and Airlines
5.8 Pricing Analysis
5.9 Operational Data
Table 3 Aircraft Active Fleet in Us, 2018-2022
5.10 Porter's Five Forces Analysis
Table 4 Aviation Fuel Market: Porter's Five Forces Analysis
Figure 16 Aviation Fuel Market: Porter's Five Force Analysis
5.10.1 Threat of New Entrants
5.10.2 Threat of Substitutes
5.10.3 Bargaining Power of Suppliers
5.10.4 Bargaining Power of Buyers
5.10.5 Intensity of Competitive Rivalry
5.11 Recession Impact Analysis
Figure 17 Probable Scenario Impact of Aviation Fuel Market:
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 18 Influence of Stakeholders in Buying Process for Fuel Type
Table 5 Influence of Stakeholders in Buying Process for Fuel Type (%)
5.12.2 Buying Criteria
Figure 19 Key Buying Criteria for Top 2 Applications
Table 6 Key Buying Criteria for Top 2 Applications
5.13 Tariff and Regulatory Landscape
5.13.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 7 North America: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 8 Europe: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 9 Asia-Pacific: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 10 Middle East & Africa: List of Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 Latin America: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.14 Trade Data Analysis
Table 12 Country-Wise Imports, 2020-2021 (USD Thousand)
Table 13 Country-Wise Exports, 2020-2021 (USD Thousand)
5.15 Key Conferences and Events in 2023
Table 14 Aviation Fuel Market: Conferences and Events
6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Fractional Distillation
6.2.2 Hydrothermal Liquefaction
6.2.3 Pyrolysis
6.3 Emerging Industry Trends
6.3.1 Alcohol-To-Jet (Atj)
6.3.2 Hycogen
6.3.3 Hybrid Electric Propulsion (Hep)
Figure 20 Hybrid Aircraft Propulsion System
6.3.4 Sun-To-Liquid Solar Fuel
Figure 21 Process of Gas-To-Liquid
6.3.5 Hydrogen Fuel Cells (Hydrogen Propulsion)
6.3.6 Fischer-Tropsch (Ft)
6.4 Supply Chain Analysis
Figure 22 Supply Chain Analysis
6.5 Impact of Megatrend
6.6 Innovation and Patent Registrations
7 Aviation Fuel Market, by Fuel Type
7.1 Introduction
Figure 23 Power-To-Liquid Segment to Register Highest CAGR from 2022 to 2030
Table 15 Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 16 Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
7.2 Conventional Fuel
7.2.1 Aviation Turbine Fuel
7.2.1.1 Jet A
7.2.1.1.1 Extensive Use of Jet a Fuel in US
7.2.1.2 Jet A1
7.2.1.2.1 Rising Demand for Jet A1 Fuel Outside US
7.2.2 Avgas
7.2.2.1 Demand for Aviation Gasoline for Piston Engine Aircraft
7.3 Sustainable Fuel
7.3.1 Biofuel
7.3.1.1 Drop-In Capability with No Changes in Aircraft Infrastructure to Drive Demand
7.3.2 Hydrogen Fuel
7.3.2.1 Advantage of Being True Zero-Carbon Solution to Drive Demand
Table 17 Current Hydrogen-Powered Aircraft Developments
7.3.3 Power-To-Liquid
7.3.3.1 Benefits Like Very Low Lifecycle Emissions to Drive Demand
7.3.4 Gas-To-Liquid
7.3.4.1 Technological Advancements to Drive Demand
8 Aviation Fuel Market, by Aircraft Type
8.1 Introduction
Figure 24 Narrow Body Aircraft Segment Estimated to Lead Market in 2022
Table 18 Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 19 Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
8.2 Fixed Wing
8.2.1 Commercial Aviation
8.2.1.1 Narrow Body Aircraft (Nba)
8.2.1.1.1 High Efficiency in Short-Haul Travel to Drive Segment
8.2.1.2 Wide Body Aircraft (Wba)
8.2.1.2.1 Increasing International Travel to Drive Segment
8.2.1.3 Regional Jet
8.2.1.3.1 Rising Domestic Air Passenger Traffic in Emerging Economies to Drive Segment
8.2.2 Military Aviation
8.2.2.1 Fighter Aircraft
8.2.2.1.1 Growing Procurement of Fighter Jets due to Increasing Military Budgets to Drive Segment
8.2.2.2 Transport Aircraft
8.2.2.2.1 Increasing Use of Transport Aircraft in Military Operations to Drive Segment
8.2.2.3 Special Mission Aircraft
8.2.2.3.1 Increasing Military Applications to Drive Segment
8.2.3 Business Jet & General Aviation
8.2.3.1 Business Jet
8.2.3.1.1 Rising Number of Private Aviation Companies Globally to Drive Segment
8.2.3.2 Light Aircraft
8.2.3.2.1 Several Ongoing Projects to Develop Hydrogen Fuel Cell Aircraft to Drive Segment
8.3 Rotary Wing
8.3.1 Civil Helicopter
8.3.1.1 Increasing Demand for Helicopters in Corporate and Civil Applications to Drive Segment
8.3.2 Military Helicopter
8.3.2.1 Increasing Use of Helicopters in Combat and Search & Rescue Operations to Drive Segment
8.4 Unmanned Aerial Vehicle (Uav)
8.4.1 Fixed Wing Uav
8.4.1.1 Increased Use of Predator and Reaper Fixed-Wing Uavs in Military Applications
8.4.2 Rotary Wing Uav
8.4.2.1 Growing Demand for Rotary-Wing Uavs in Search and Rescue Operations, Precision Farming, and Law Enforcement Applications
8.4.3 Hybrid Wing Uav
8.4.3.1 Long-Range Applications Creating Demand for Hybrid Uavs
9 Aviation Fuel Market, by Region
9.1 Introduction
Figure 25 North America Estimated to Account for Largest Market Share in 2022
9.2 North America
Figure 26 North America: Aviation Fuel Market Snapshot
9.2.1 PESTLE Analysis: North America
Table 20 North America: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 21 North America: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 22 North America: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2018-2021 (USD Million)
Table 23 North America: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2022-2030 (USD Million)
Table 24 North America: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 25 North America: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
Table 26 North America: Aviation Fuel Market, by Country, 2018-2021 (USD Million)
Table 27 North America: Aviation Fuel Market, by Country, 2022-2030 (USD Million)
9.2.2 US
9.2.2.1 Growing Concerns Over Carbon Emissions due to Increasing Air Traffic to Drive Market
Table 28 US: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 29 US: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 30 US: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 31 US: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.2.3 Canada
9.2.3.1 Innovations Focused on Lowering Carbon Footprint to Drive Market
Table 32 Canada: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 33 Canada: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 34 Canada: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 35 Canada: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3 Europe
Figure 27 Europe: Aviation Fuel Market Snapshot
9.3.1 PESTLE Analysis: Europe
Table 36 Europe: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 37 Europe: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 38 Europe: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2018-2021 (USD Million)
Table 39 Europe: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2022-2030 (USD Million)
Table 40 Europe: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 41 Europe: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
Table 42 Europe: Aviation Fuel Market, by Country, 2018-2021 (USD Million)
Table 43 Europe: Aviation Fuel Market, by Country, 2022-2030 (USD Million)
9.3.2 UK
9.3.2.1 Presence of Leading Players to Drive Market
Table 44 UK: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 45 UK: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 46 UK: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 47 UK: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3.3 Germany
9.3.3.1 Advancements in Technological Pathways to Drive Market
Table 48 Germany: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 49 Germany: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 50 Germany: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 51 Germany: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3.4 France
9.3.4.1 Initiatives on Low Carbon Strategy from Global Leaders to Drive Market
Table 52 France: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 53 France: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 54 France: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 55 France: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3.5 Russia
9.3.5.1 Aviation Fuel Demand by Military Sector to Drive Market
Table 56 Russia: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 57 Russia: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 58 Russia: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 59 Russia: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3.6 Italy
9.3.6.1 Initiatives from Italian Airports to Achieve Green Aviation Goals by 2050 to Drive Market
Table 60 Italy: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 61 Italy: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 62 Italy: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 63 Italy: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.3.7 Rest of Europe
Table 64 Rest of Europe: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 65 Rest of Europe: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 66 Rest of Europe: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 67 Rest of Europe: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4 Asia-Pacific
Figure 28 Asia-Pacific: Aviation Fuel Market Snapshot
9.4.1 PESTLE Analysis: Asia-Pacific
Table 68 Asia-Pacific: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 69 Asia-Pacific: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 70 Asia-Pacific: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2018-2021 (USD Million)
Table 71 Asia-Pacific: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2022-2030 (USD Million)
Table 72 Asia-Pacific: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 73 Asia-Pacific: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
Table 74 Asia-Pacific: Aviation Fuel Market, by Country, 2018-2021 (USD Million)
Table 75 Asia-Pacific: Aviation Fuel Market, by Country, 2022-2030 (USD Million)
9.4.2 China
9.4.2.1 Collaborations Between Chinese Airlines and Biofuel Producers to Drive Market
Table 76 China: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 77 China: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 78 China: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 79 China: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4.3 India
9.4.3.1 Rising Air Traffic and Government Initiatives to Contribute Toward Clean Skies
Table 80 India: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 81 India: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 82 India: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 83 India: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4.4 Japan
9.4.4.1 Investments in Bio-Based and Conventional Jet Fuel to Drive Market
Table 84 Japan: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 85 Japan: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 86 Japan: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 87 Japan: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4.5 South Korea
9.4.5.1 Government Initiatives for Low Carbon Strategy to Drive Market
Table 88 South Korea: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 89 South Korea: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 90 South Korea: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 91 South Korea: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4.6 Australia
9.4.6.1 Recovery of Domestic Airline Industry to Drive Market
Table 92 Australia: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 93 Australia: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 94 Australia: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 95 Australia: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.4.7 Rest of Asia-Pacific
Table 96 Rest of Asia-Pacific: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 97 Rest of Asia-Pacific: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 98 Rest of Asia-Pacific: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 99 Rest of Asia-Pacific: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.5 Latin America
Figure 29 Latin America: Aviation Fuel Market Snapshot
9.5.1 PESTLE Analysis: Latin America
Table 100 Latin America: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 101 Latin America: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 102 Latin America: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2018-2021 (USD Million)
Table 103 Latin America: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2022-2030 (USD Million)
Table 104 Latin America: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 105 Latin America: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
Table 106 Latin America: Aviation Fuel Market, by Country, 2018-2021 (USD Million)
Table 107 Latin America: Aviation Fuel Market, by Country, 2022-2030 (USD Million)
9.5.2 Brazil
9.5.2.1 Ghg Reduction Initiatives to Drive Market
Table 108 Brazil: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 109 Brazil: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 110 Brazil: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 111 Brazil: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.5.3 Mexico
9.5.3.1 Rise in Tourism to Lead to Market Growth
Table 112 Mexico: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 113 Mexico: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 114 Mexico: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 115 Mexico: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.5.4 Rest of Latin America
Table 116 Rest of Latin America: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 117 Rest of Latin America: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 118 Rest of Latin America: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 119 Rest of Latin America: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6 Middle East & Africa
Figure 30 Middle East & Africa: Aviation Fuel Market Snapshot
9.6.1 PESTLE Analysis: Middle East & Africa
Table 120 Middle East & Africa: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 121 Middle East & Africa: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 122 Middle East & Africa: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2018-2021 (USD Million)
Table 123 Middle East & Africa: Aviation Fuel Market, by Fuel Type (Further Breakdown), 2022-2030 (USD Million)
Table 124 Middle East & Africa: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 125 Middle East & Africa: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
Table 126 Middle East & Africa: Aviation Fuel Market, by Country, 2018-2021 (USD Million)
Table 127 Middle East & Africa: Aviation Fuel Market, by Country, 2022-2030 (USD Million)
9.6.2 Saudi Arabia
9.6.2.1 Increasing Use of Private Jet Services to Boost Market
Table 128 Saudi Arabia: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 129 Saudi Arabia: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 130 Saudi Arabia: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 131 Saudi Arabia: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6.3 Turkey
9.6.3.1 Development of Tourism Industry to Drive Market
Table 132 Turkey: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 133 Turkey: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 134 Turkey: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 135 Turkey: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6.4 Israel
9.6.4.1 Increasing Aviation Fuel Demand from Military Sector to Drive Market
Table 136 Israel: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 137 Israel: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 138 Israel: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 139 Israel: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6.5 UAE
9.6.5.1 New Initiatives on Sustainability to Drive Market
Table 140 UAE: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 141 UAE: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 142 UAE: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 143 UAE: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6.6 South Africa
9.6.6.1 Increasing Jet Fuel Consumption to Drive Market
Table 144 South Africa: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 145 South Africa: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 146 South Africa: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 147 South Africa: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
9.6.7 Rest of Middle East & Africa
Table 148 Rest of Middle East & Africa: Aviation Fuel Market, by Fuel Type, 2018-2021 (USD Million)
Table 149 Rest of Middle East & Africa: Aviation Fuel Market, by Fuel Type, 2022-2030 (USD Million)
Table 150 Rest of Middle East & Africa: Aviation Fuel Market, by Aircraft Type, 2018-2021 (USD Million)
Table 151 Rest of Middle East & Africa: Aviation Fuel Market, by Aircraft Type, 2022-2030 (USD Million)
10 Competitive Landscape
10.1 Introduction
Table 152 Key Developments by Leading Players Between 2020 and 2022
10.2 Revenue Analysis of Key Players, 2021
Figure 31 Aviation Fuel Market: Revenue Analysis of Key Companies (2017-2021)
10.3 Market Share Analysis of Key Players, 2021
Figure 32 Aviation Fuel Market: Market Share Analysis, 2021
Table 153 Aviation Fuel Market: Degree of Competition
10.4 Company Evaluation Quadrant
Figure 33 Aviation Fuel Market (Global) Company Evaluation Matrix, 2021
10.4.1 Stars
10.4.2 Pervasive Players
10.4.3 Emerging Leaders
10.4.4 Participants
10.5 Aviation Fuel Market (Sme), Startup Evaluation Matrix, 2021
Figure 34 Aviation Fuel Market Competitive Leadership Mapping (Sme)
10.5.1 Progressive Companies
10.5.2 Responsive Companies
10.5.3 Starting Blocks
10.5.4 Dynamic Companies
Table 154 Aviation Fuel Market: Detailed List of Key Start-Ups/Smes
Table 155 Aviation Fuel Market: Competitive Benchmarking of Key Players [Start-Ups/Smes]
10.6 Competitive Scenario and Trends
10.6.1 Product Launches
Table 156 Aviation Fuel Market: Product Launches, 2019-December 2022
10.6.2 Deals
Table 157 Aviation Fuel Market: Deals, 2019-December 2022
11 Company Profiles
11.1 Introduction
11.2 Key Players
(Business Overview, Products Offered, Recent Developments, Analyst's View)*
11.2.1 Exxon Mobil Corporation
Figure 35 Exxon Mobil Corporation: Company Snapshot
Table 158 Exxon Mobil Corporation: Products Offered
Table 159 Exxon Mobil Corporation: Deals
11.2.2 Chevron Corporation
Table 160 Chevron Corporation: Business Overview
Figure 36 Chevron Corporation: Company Snapshot
Table 161 Chevron Corporation: Products Offered
Table 162 Chevron Corporation: Deals
11.2.3 British Petroleum (Bp)
Table 163 British Petroleum: Business Overview
Figure 37 British Petroleum: Company Snapshot
Table 164 British Petroleum: Products Offered
Table 165 British Petroleum: Product Launches
Table 166 British Petroleum: Deals
11.2.4 Shell
Table 167 Shell: Business Overview
Figure 38 Shell: Company Snapshot
Table 168 Shell: Products Offered
Table 169 Shell: Product Launches
Table 170 Shell: Deals
11.2.5 Totalenergies
Table 171 Totalenergies: Business Overview
Figure 39 Totalenergies: Company Snapshot
Table 172 Totalenergies: Products Offered
Table 173 Totalenergies: Deals
11.2.6 Neste
Table 174 Neste: Business Overview
Figure 40 Neste: Company Snapshot
Table 175 Neste: Products Offered
Table 176 Neste: Deals
11.2.7 Gazprom
Table 177 Gazprom: Business Overview
Figure 41 Gazprom: Company Snapshot
Table 178 Gazprom: Products Offered
Table 179 Gazprom: Deals
11.2.8 World Fuel Services
Table 180 World Fuel Services: Business Overview
Figure 42 World Fuel Services: Company Snapshot
Table 181 World Fuel Services: Products Offered
Table 182 World Fuel Services: Product Launches
11.2.9 Indian Oil Corporation
Table 183 Indian Oil Corporation: Business Overview
Figure 43 Indian Oil Corporation: Company Snapshot
Table 184 Indian Oil Corporation: Products Offered
11.2.10 Valero Energy Corporation
Table 185 Valero Energy Corporation: Business Overview
Figure 44 Valero Energy Corporation: Company Snapshot
Table 186 Valero Energy Corporation: Products Offered
Table 187 Valero Energy Corporation: Deals
11.2.11 Marathon Petroleum Corporation
Table 188 Marathon Petroleum Corporation: Business Overview
Figure 45 Marathon Petroleum Corporation: Company Snapshot
Table 189 Marathon Petroleum Corporation: Products Offered
Table 190 Marathon Petroleum Corporation: Deals
11.2.12 Lukoil
Table 191 Lukoil: Business Overview
Figure 46 Lukoil: Company Snapshot
Table 192 Lukoil: Products Offered
11.2.13 Bharat Petroleum Corporation
Table 193 Bharat Petroleum Corporation: Business Overview
Figure 47 Bharat Petroleum Corporation: Company Snapshot
Table 194 Bharat Petroleum Corporation: Products Offered
11.2.14 Fulcrum Bioenergy
Table 195 Fulcrum Bioenergy: Business Overview
Table 196 Fulcrum Bioenergy: Products Offered
Table 197 Fulcrum Bioenergy: Product Launches
Table 198 Fulcrum Bioenergy: Deals
11.2.15 Lanzatech
Table 199 Lanzatech.: Business Overview
Table 200 Lanzatech: Products Offered
Table 201 Lanzatech: Product Launches
Table 202 Lanzatech: Deals
11.2.16 World Energy
Table 203 World Energy: Business Overview
Table 204 World Energy: Products Offered
Table 205 World Energy: Product Launches
Table 206 World Energy: Deals
11.2.17 Gevo Inc.
Table 207 Gevo Inc.: Business Overview
Table 208 Gevo: Products Offered
Table 209 Gevo: Deals
11.2.18 Petrobras
Table 210 Petrobras: Business Overview
Figure 48 Petrobras: Company Snapshot
Table 211 Petrobras: Products Offered
*Details on Business Overview, Products Offered, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
11.3 Other Players
11.3.1 Prometheus Fuels
Table 212 Prometheus Fuels: Company Overview
11.3.2 Red Rock Biofuels
Table 213 Red Rock Biofuels: Company Overview
11.3.3 Wastefuel
Table 214 Wastefuel: Company Overview
11.3.4 Sinopec Corporation
Table 215 Sinopec Corporation: Company Overview
11.3.5 Aemetis
Table 216 Aemetis: Company Overview
11.3.6 Virent
Table 217 Virent: Company Overview
11.3.7 Northwest Advanced Bio-Fuels, LLC
Table 218 Northwest Advanced Bio-Fuels: Company Overview
12 Appendix
12.1 Discussion Guide
12.2 Knowledgestore: The Subscription Portal
12.3 Customization Options
Companies Mentioned
- Aemetis
- Bharat Petroleum Corporation
- British Petroleum (Bp)
- Chevron Corporation
- Exxon Mobil Corporation
- Fulcrum Bioenergy
- Gazprom
- Gevo Inc.
- Indian Oil Corporation
- Lanzatech
- Lukoil
- Marathon Petroleum Corporation
- Neste
- Northwest Advanced Bio-Fuels, LLC
- Petrobras
- Prometheus Fuels
- Red Rock Biofuels
- Shell
- Sinopec Corporation
- Totalenergies
- Valero Energy Corporation
- Virent
- Wastefuel
- World Energy
- World Fuel Services
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 249.9 Billion |
| Forecasted Market Value ( USD | $ 696.2 Billion |
| Compound Annual Growth Rate | 13.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
