Market Overview:
The global commercial aircraft aviation fuel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for air travel, rising disposable income, and growing urbanization. In terms of volume, the market is projected to reach 1,827 kilotons by 2030. Based on type, the global commercial aircraft aviation fuel market can be segmented into air turbine fuel (ATF), aviation biofuel, and others. ATF held a major share of the global commercial aircraft aviation fuel market in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to its high energy density and low freezing point that make it suitable for use in various types of engines used in passenger as well as cargo aircrafts.
Product Definition:
Commercial Aircraft Aviation Fuel is a type of fuel specifically designed for use in commercial aircraft. It is composed of a blend of kerosene and other additives that help to improve performance and safety. Commercial Aircraft Aviation Fuel is important because it allows commercial aircraft to operate safely and efficiently.
Air Turbine Fuel (ATF):
Air turbine fuel (ATF) is a type of jet fuel that is produced by the combustion of fossil fuels in an air compressor. It has been used as aviation fuel since World War II and currently, it's the most commonly used alternative to conventional jet fuels such as kerosene and Jet A1.
Aviation Biofuel:
Aviation biofuel is a type of fuel that is used in aircraft to minimize the impact on the environment. It's produced from renewable plant-based materials such as vegetable oil, animal fats or recycled waste oils. Aviation biofuel has been gaining popularity owing to its ability to reduce carbon emissions and provide energy security.
The aviation industry contributes significantly towards global warming owing to high emission rates during flight operations, which include passenger.
Application Insights:
Passenger aircraft accounted for a major share in the global commercial aircraft aviation fuel market, accounting for over 70.0% in 2017. The demand is expected to be driven by growing passenger traffic on long-haul routes, such as those between Europe and North America. In addition, growth in the number of low-cost carriers (LCCs) is likely to positively impact segment growth over the forecast period owing to their focus on cost reduction without compromising with operational efficiency and safety standards.
Cargo aircraft are estimated to witness significant growth at a CAGR of XX% from 2018 to 2030 due largelyto its ability provide flexibility in scheduling operations while reducing operating costs incurred by airlines per flight kilometer flown as compared with flying using jet fuel or diesel alone which are more expensive options for airlines depending upon their size.
Regional Analysis:
Asia Pacific dominated the global commercial aircraft aviation fuel market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for air travel, especially in emerging economies such as India, China, and Thailand. Furthermore, rising disposable income levels are anticipated to boost passenger traffic across these markets over the coming years.
The European market was valued at USD X billion in 2017 and is projected to witness steady growth from 2018 to 2030 owing high consumption of kerosene used for heating during cold season among others applications. North America accounted for a significant share of global revenue generation owing high consumption of Jet A-1 fuel used by business jets along with other factors such as technological advancements pertaining enhanced performance characteristics required by pilots while flying along with higher safety standards enforced by regulatory bodies like Federal Aviation Administration (FAA) are also contributing toward regional growth.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for aviation fuel.
- Stringent environmental regulations: Governments across the world are implementing stringent environmental regulations, which is resulting in an increase in the use of biofuels and other alternative fuels for aircrafts. This is driving the growth of the commercial aircraft aviation fuel market.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) has resulted in an increase in air travel and, consequently, an increase in demand for aviation fuel. LCCs account for more than 50% of total airline passengers worldwide and this number is expected to grow over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Aircraft Aviation Fuel Market Research Report
By Type
Air Turbine Fuel (ATF), Aviation Biofuel, Others
By Application
Passenger Aircraft, Cargo Aircraft
By Companies
Royal Dutch Shell PLC, Exxon Mobil Corporation, Total, BP PLC, Chevron Corporation, Neste Oyj, Swedish Biofuels AB, Gevo Inc, Honeywell International Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Aircraft Aviation Fuel Market Report Segments:
The global Commercial Aircraft Aviation Fuel market is segmented on the basis of:
Types
Air Turbine Fuel (ATF), Aviation Biofuel, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Aircraft, Cargo Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Royal Dutch Shell PLC
- Exxon Mobil Corporation
- Total
- BP PLC
- Chevron Corporation
- Neste Oyj
- Swedish Biofuels AB
- Gevo Inc
- Honeywell International Inc
Highlights of The Commercial Aircraft Aviation Fuel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air Turbine Fuel (ATF)
- Aviation Biofuel
- Others
- By Application:
- Passenger Aircraft
- Cargo Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Aircraft Aviation Fuel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial aircraft aviation fuel is a type of jet fuel that is used in airplanes. It is made up of a variety of different types of fuels, including kerosene, gasoline, and diesel.
Some of the major companies in the commercial aircraft aviation fuel market are Royal Dutch Shell PLC, Exxon Mobil Corporation, Total, BP PLC, Chevron Corporation, Neste Oyj, Swedish Biofuels AB, Gevo Inc, Honeywell International Inc.
The commercial aircraft aviation fuel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Aircraft Aviation Fuel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Aircraft Aviation Fuel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Aircraft Aviation Fuel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Aircraft Aviation Fuel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Aircraft Aviation Fuel Market Size & Forecast, 2018-2028
4.5.1 Commercial Aircraft Aviation Fuel Market Size and Y-o-Y Growth
4.5.2 Commercial Aircraft Aviation Fuel Market Absolute $ Opportunity
Chapter 5 Global Commercial Aircraft Aviation Fuel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Aircraft Aviation Fuel Market Size Forecast by Type
5.2.1 Air Turbine Fuel (ATF)
5.2.2 Aviation Biofuel
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Aircraft Aviation Fuel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
6.2.1 Passenger Aircraft
6.2.2 Cargo Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Aircraft Aviation Fuel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Aircraft Aviation Fuel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Aircraft Aviation Fuel Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Aircraft Aviation Fuel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Aircraft Aviation Fuel Market Size Forecast by Type
9.6.1 Air Turbine Fuel (ATF)
9.6.2 Aviation Biofuel
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
9.10.1 Passenger Aircraft
9.10.2 Cargo Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Aircraft Aviation Fuel Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Aircraft Aviation Fuel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Aircraft Aviation Fuel Market Size Forecast by Type
10.6.1 Air Turbine Fuel (ATF)
10.6.2 Aviation Biofuel
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
10.10.1 Passenger Aircraft
10.10.2 Cargo Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Aircraft Aviation Fuel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Aircraft Aviation Fuel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Aircraft Aviation Fuel Market Size Forecast by Type
11.6.1 Air Turbine Fuel (ATF)
11.6.2 Aviation Biofuel
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
11.10.1 Passenger Aircraft
11.10.2 Cargo Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Aircraft Aviation Fuel Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Aircraft Aviation Fuel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Aircraft Aviation Fuel Market Size Forecast by Type
12.6.1 Air Turbine Fuel (ATF)
12.6.2 Aviation Biofuel
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
12.10.1 Passenger Aircraft
12.10.2 Cargo Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Aircraft Aviation Fuel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Aircraft Aviation Fuel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Aircraft Aviation Fuel Market Size Forecast by Type
13.6.1 Air Turbine Fuel (ATF)
13.6.2 Aviation Biofuel
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Aircraft Aviation Fuel Market Size Forecast by Applications
13.10.1 Passenger Aircraft
13.10.2 Cargo Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Aircraft Aviation Fuel Market: Competitive Dashboard
14.2 Global Commercial Aircraft Aviation Fuel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Royal Dutch Shell PLC
14.3.2 Exxon Mobil Corporation
14.3.3 Total
14.3.4 BP PLC
14.3.5 Chevron Corporation
14.3.6 Neste Oyj
14.3.7 Swedish Biofuels AB
14.3.8 Gevo Inc
14.3.9 Honeywell International Inc
