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Global Aviation Fuel Market: By Fuel Type: Air Turbine Fuel, Avgas, Biofuel, Others; By Aircraft Type: Fixed Wings, Rotorcraft, Others; By End Use: Commercial, Military, Private, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Aviation Fuel Market Outlook

The global aviation fuel market attained 215 million tons of jet fuel in 2020. The market is expected to witness healthy growth over the forecast period of 2020-2026 to attain 402 million tons of jet fuel by 2026.

 

Global Aviation Fuel Market

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Lucrative Growth Prospects in the Asia Pacific to Boost the Market Growth of Aviation Fuel

The market for aviation fuel is expected to be driven by the lucrative opportunities in the developing regions for market expansion, such as the Asia Pacific, which offers substantial lucrative prospects for key players. Further, considerable investment in the transportation infrastructure in the region recently has provided an impetus to the market growth of aviation fuel. Many developing nations, like India, China, Indonesia, are projected to witness huge growth over the forecast period. In addition, the growing demand for air freight in some developing countries is expected to have a positive impact over the upcoming years. Also, the rising demand for a variety of aviation fuels in the emerging markets has been boosted by the rapid growth of air cargo transportation, consequently aiding the market growth of aviation fuel.

 

Aviation Fuel: Industry Definition and Segmentation

Aviation fuel, an exclusive type of fuel, is generally used to energize an aircraft. This fuel is petroleum-based and is of high quality than the regular fuels used in rail transport or road transport, or others.

 

Global Aviation Fuel Market By End Use

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On the basis of fuel type, the market is divided into:

  • Air Turbine Fuel
  • Avgas
  • Biofuel
  • Others

Air turbine fuel is further divided on the basis of type into Jet A, Jet A1, Jet B, JP 5, and JP 8.

Based on aircraft type, the industry can be segmented into:

  • Fixed Wings
  • Rotorcraft
  • Others

By end use, the industry is categorised into:

  • Commercial
  • Military
  • Private
  • Others

The commercial segment is further segmented into passenger and cargo.

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Aviation Fuel Market By Region

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Conscious Shift towards Cost-Effective Aviation Fuels to Aid the Market Growth of Aviation Fuel

The market for aviation fuel is driven by the robust growth in air passengers in developing nations in recent years. In addition, the growing revenue passenger kilometres in recent years are boosting the market growth of aviation fuel. Moreover, a conscious and deliberate shift towards the adoption of more cost-effective aviation fuels and fuels, which particularly have less carbon footprint is aiding the market expansion of aviation fuel. However, the market suffered a sharp decline in 2020 due to the COVID-19 outbreak, which resulted in an abrupt and prolonged suspension of aviation services so as to contain the virus. The recent ease in lockdowns and controlled domestic flights in various countries across the globe are expected to help the aviation fuel industry regain its growth.

 

Key Industry Players in the Global Aviation Fuel Market

The report gives a detailed analysis of the following key players in the global aviation fuel market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • BP p.l.c.
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Royal Dutch Shell plc
  • TOTAL SE
  • Indian Oil Corporation Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Fuel Type, Aircraft Type, End Use, Region
Breakup by Fuel Type Air Turbine Fuel, Avgas, Biofuel, Others
Breakup by Aircraft Type Fixed Wings, Rotorcraft, Others
Breakup by End Use Commercial, Military, Private, Others
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Price Analysis Historical and Forecast Price Trends- Regional
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered BP p.l.c, Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell plc, TOTAL SE, Indian Oil Corporation Ltd, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Aviation Fuel Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aviation Fuel Historical Market (2016-2020) 
    8.3    Global Aviation Fuel Market Forecast (2021-2026)
    8.4    Global Aviation Fuel Market by Fuel Type 
        8.4.1    Air Turbine Fuel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
            8.4.1.4    Breakup by Type
                8.4.1.4.1    Jet A
                    8.4.1.4.1.1    Market Share
                    8.4.1.4.1.2    Historical Trend (2016-2020)
                    8.4.1.4.1.3    Forecast Trend (2021-2026)
                8.4.1.4.2    Jet A1
                    8.4.1.4.2.1    Market Share
                    8.4.1.4.2.2    Historical Trend (2016-2020)
                    8.4.1.4.2.3    Forecast Trend (2021-2026)
                8.4.1.4.3    Jet B
                    8.4.1.4.3.1    Market Share
                    8.4.1.4.3.2    Historical Trend (2016-2020)
                    8.4.1.4.3.3    Forecast Trend (2021-2026)
                8.4.1.4.4    JP 5
                    8.4.1.4.4.1    Market Share
                    8.4.1.4.4.2    Historical Trend (2016-2020)
                    8.4.1.4.4.3    Forecast Trend (2021-2026)
                8.4.1.4.5    JP 8
                    8.4.1.4.5.1    Market Share
                    8.4.1.4.5.2    Historical Trend (2016-2020)
                    8.4.1.4.5.3    Forecast Trend (2021-2026)
        8.4.2    Avgas
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Biofuel
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Aviation Fuel Market by Aircraft Type
        8.5.1    Fixed Wings
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Rotorcraft
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Others
    8.6    Global Aviation Fuel Market by End Use
        8.6.1    Commercial
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
            8.6.1.4    Breakup by Type
                8.6.1.4.1    Passenger
                    8.6.1.4.1.1    Market Share
                    8.6.1.4.1.2    Historical Trend (2016-2020)
                    8.6.1.4.1.3    Forecast Trend (2021-2026)
                8.6.1.4.2    Cargo
                    8.6.1.4.2.1    Market Share
                    8.6.1.4.2.2    Historical Trend (2016-2020)
                    8.6.1.4.2.3    Forecast Trend (2021-2026)
        8.6.2    Military
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Private
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Aviation Fuel Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis

    12.1    Major Importing Countries
        12.1.1    By Volume
        12.1.2    By Value
    12.2    Major Exporting Countries
        12.2.1    By Volume
        12.2.2    By Value
13    Price Analysis
    13.1    North America Historical Price Trends (2016-2021) and Forecast (2021-2026)
    13.2    Europe Historical Price Trends (2016-2021) and Forecast (2021-2026)
    13.3    Asia Pacific Historical Price Trends (2016-2021) and Forecast (2021-2026)
    13.4    Latin America Historical Price Trends (2016-2021) and Forecast (2021-2026)
    13.5    Middle East and Africa Historical Price Trends (2016-2021) and Forecast (2021-2026)
14    Competitive Landscape
    14.1    Market Structure
    14.2    Company Profiles
        14.2.1    BP p.l.c.
            14.2.1.1    Company Overview
            14.2.1.2    Product Portfolio
            14.2.1.3    Demographic Reach and Achievements
            14.2.1.4    Certifications
        14.2.2    Chevron Corporation
            14.2.2.1    Company Overview
            14.2.2.2    Product Portfolio
            14.2.2.3    Demographic Reach and Achievements
            14.2.2.4    Certifications
        14.2.3    Exxon Mobil Corporation
            14.2.3.1    Company Overview
            14.2.3.2    Product Portfolio
            14.2.3.3    Demographic Reach and Achievements
            14.2.3.4    Certifications
        14.2.4    Royal Dutch Shell plc
            14.2.4.1    Company Overview
            14.2.4.2    Product Portfolio
            14.2.4.3    Demographic Reach and Achievements
            14.2.4.4    Certifications
        14.2.5    TOTAL SE
            14.2.5.1    Company Overview
            14.2.5.2    Product Portfolio
            14.2.5.3    Demographic Reach and Achievements
            14.2.5.4    Certifications
        14.2.6    Indian Oil Corporation Ltd
            14.2.6.1    Company Overview
            14.2.6.2    Product Portfolio
            14.2.6.3    Demographic Reach and Achievements
            14.2.6.4    Certifications
        14.2.7    Others
15    Industry Events and Developments

 

Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Aviation Fuel Market: Key Industry Highlights, 2016 and 2026
2.    Global Aviation Fuel Historical Market: Breakup by Fuel Type (USD Billion), 2016-2020
3.    Global Aviation Fuel Market Forecast: Breakup by Fuel Type (USD Billion), 2021-2026
4.    Global Aviation Fuel Historical Market: Breakup by Aircraft Type (USD Billion), 2016-2020
5.    Global Aviation Fuel Market Forecast: Breakup by Aircraft Type (USD Billion), 2021-2026
6.    Global Aviation Fuel Historical Market: Breakup by End Use (USD Billion), 2016-2020
7.    Global Aviation Fuel Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8.    Global Aviation Fuel Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Aviation Fuel Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Aviation Fuel Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Aviation Fuel Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Aviation Fuel Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Aviation Fuel Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Aviation Fuel Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Aviation Fuel Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Aviation Fuel Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Aviation Fuel Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Aviation Fuel Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Aviation Fuel Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Major Importing Countries by Volume (2020)
21.    Major Exporting Countries by Volume (2020)
22.    Major Importing Countries by Value (2020)
23.    Major Exporting Countries by Value (2020)
24.    North America Historical Price Trends and Forecast 2016-2026
25.    Europe Historical Price Trends and Forecast 2016-2026
26.    Asia Pacific Historical Price Trends and Forecast 2016-2026
27.    Latin America Historical Price Trends and Forecast 2016-2026
28.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
29.    Global Aviation Fuel Market Structure

Key Questions Answered in the Report

In 2020, the global aviation fuel market attained a volume of nearly attained 215 million tons of jet fuel.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach 402 million tons of jet fuel by 2026.

The major drivers of the market include rising urbanisation and industrialisation, and the growth in air passengers and rising revenue passenger kilometres.

Increasing opportunities in the developing regions and adoption of more cost-effective aviation fuels are the key industry trends propelling the growth of the market.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The fuel types include air turbine fuel, avgas, and biofuel, among others. Air turbine fuel can be further divided into Jet A, Jet A1, Jet B, JP 5, and JP 8.

The aircraft types are fixed wings and rotorcraft, among others.

The diverse end uses for market are commercial, military, and private, among others. Commercial is further divided into passenger and cargo.

The major players in the industry are BP p.l.c., Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell plc, TOTAL SE, and Indian Oil Corporation Ltd, among others.

Analyst Review

The global aviation fuel market attained a volume of 215 million tons in 2020, driven by the rising air passengers. Aided by the growing adoption of clean fuels, the market is projected to reach 402 million tons by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its fuel types, the aviation fuel industry can be segmented into air turbine fuel, avgas, and biofuel, among others. The classification based on aircraft type are fixed wings and rotorcraft, among others. On the basis of end uses, the industry is divided into commercial, military, and private, among others. The major regional markets for aviation fuel are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include BP p.l.c., Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell plc, TOTAL SE, and Indian Oil Corporation Ltd, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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