Aviation Fuel Market by Fuel Type (Conventional Fuel-Air Turbine Fuel, Avgas, Sustainable Fuel- Biofuel, Hydrogen Fuel, Power-To-Liquid, Gas-To-Liquid), Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicle) & Region- Global Forecast to 2030

Abstract
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

Content
Table of Contents

1INTRODUCTION31
1.1STUDY OBJECTIVES31
1.2MARKET DEFINITION AND SCOPE31
1.3STUDY SCOPE32
1.3.1AVIATION FUEL MARKET SEGMENTATION32
1.3.2REGIONAL SCOPE32
1.3.3YEARS CONSIDERED33
1.4CURRENCY CONSIDERED33
1.4.1USD EXCHANGE RATES33
1.5INCLUSIONS AND EXCLUSIONS34
TABLE 1AVIATION FUEL MARKET: INCLUSIONS AND EXCLUSIONS34
1.6LIMITATIONS34
1.7MARKET STAKEHOLDERS34
2RESEARCH METHODOLOGY35
2.1RESEARCH DATA35
FIGURE 1RESEARCH FLOW35
FIGURE 2RESEARCH DESIGN36
2.2SECONDARY DATA36
2.2.1SECONDARY SOURCES37
2.3PRIMARY DATA37
2.3.1PRIMARY SOURCES38
2.3.1.1Breakdown of primaries: by company type, designation, and region38
2.4FACTOR ANALYSIS39
2.4.1INTRODUCTION39
2.4.2DEMAND-SIDE INDICATORS39
2.4.3SUPPLY-SIDE INDICATORS40
2.5MARKET SIZE ESTIMATION40
2.5.1BOTTOM-UP APPROACH40
FIGURE 3MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH40
2.5.2TOP-DOWN APPROACH41
FIGURE 4MARKET SIZE ESTIMATION: TOP-DOWN41
2.6MARKET BREAKDOWN AND DATA TRIANGULATION41
FIGURE 5DATA TRIANGULATION METHODOLOGY42
2.7ASSUMPTIONS43
2.8RISK ANALYSIS43
3EXECUTIVE SUMMARY44
FIGURE 6BY FUEL TYPE, SUSTAINABLE FUEL SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD44
FIGURE 7BY AIRCRAFT TYPE, NARROW BODY AIRCRAFT SEGMENT ESTIMATED TO DOMINATE MARKET IN 202245
FIGURE 8NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 202246
4PREMIUM INSIGHTS47
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AVIATION FUEL MARKET47
FIGURE 9INCREASING DEMAND FOR SUSTAINABLE FUEL TO DRIVE MARKET47
4.2AVIATION FUEL MARKET, BY FUEL TYPE48
FIGURE 10CONVENTIONAL FUEL SEGMENT ESTIMATED TO LEAD MARKET IN 202248
4.3AVIATION FUEL MARKET, BY COUNTRY48
FIGURE 11AVIATION FUEL MARKET IN AUSTRALIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD48
5MARKET OVERVIEW49
5.1INTRODUCTION49
5.2MARKET DYNAMICS50
FIGURE 12AVIATION FUEL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES50
5.2.1DRIVERS50
5.2.1.1Demand to reduce emissions50
5.2.1.2Increasing air passenger traffic51
5.2.1.3Rising initiatives by governments to adopt SAF51
5.2.1.4Better fuel efficiency of SAF than conventional fuel52
5.2.2RESTRAINTS52
5.2.2.1Inadequate availability of feedstock and refineries to meet SAF production demand52
5.2.2.2Harmful environmental effects of aviation fuel52
5.2.2.3Rising electric and hybrid aircraft53
5.2.2.4Price difference between SAF and conventional jet fuel53
5.2.3OPPORTUNITIES54
5.2.3.1Increasing crude oil prices54
5.2.3.2Growing need for alternative aviation fuel54
5.2.3.3Initiatives by US government to reduce tax on aviation fuel54
5.2.4CHALLENGES55
5.2.4.1High investments for approval and certification of SAF55
5.2.4.2Large production of SAF required to meet fuel demand55
5.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS55
5.3.1REVENUE SHIFT AND NEW REVENUE POCKETS FOR AVIATION FUEL MARKET55
FIGURE 13REVENUE SHIFT IN AVIATION FUEL MARKET56
5.4AVIATION FUEL MARKET ECOSYSTEM56
5.4.1PROMINENT COMPANIES56
5.4.2SMALL AND MEDIUM-SIZED ENTERPRISES56
5.4.3END USERS56
FIGURE 14AVIATION FUEL MARKET ECOSYSTEM MAP57
TABLE 2AVIATION FUEL MARKET ECOSYSTEM57
5.5TECHNOLOGY ANALYSIS58
5.5.1IMPROVED ENGINE TECHNOLOGIES AND AIRCRAFT DESIGN58
5.5.2NEW COMPOSITE LIGHTWEIGHT MATERIALS59
5.5.3ELECTROFUELS59
5.6USE CASE ANALYSIS59
5.6.1OFFTAKE AGREEMENTS59
5.6.2SUNFIRE E-CRUDE TO PRODUCE E-FUEL60
5.6.3CHEMICAL PLANT BY INERATEC GMBH FOR POWER-TO- LIQUID TECHNOLOGY60
5.6.4GREEN PROPELLANT INFUSION60
5.7VALUE CHAIN ANALYSIS61
FIGURE 15VALUE CHAIN ANALYSIS: AVIATION FUEL MARKET61
5.7.1FEEDSTOCK PRODUCERS AND TRADERS61
5.7.2TECHNOLOGY PROVIDERS61
5.7.3PRODUCERS62
5.7.4OEMS AND REGULATORY AUTHORITIES62
5.7.5DISTRIBUTORS62
5.7.6AIRPORTS AND AIRLINES62
5.8PRICING ANALYSIS62
5.9OPERATIONAL DATA63
TABLE 3AIRCRAFT ACTIVE FLEET IN US, 2018–202263
5.10PORTER’S FIVE FORCES ANALYSIS63
TABLE 4AVIATION FUEL MARKET: PORTER’S FIVE FORCES ANALYSIS63
FIGURE 16AVIATION FUEL MARKET: PORTER’S FIVE FORCE ANALYSIS64
5.10.1THREAT OF NEW ENTRANTS64
5.10.2THREAT OF SUBSTITUTES65
5.10.3BARGAINING POWER OF SUPPLIERS65
5.10.4BARGAINING POWER OF BUYERS65
5.10.5INTENSITY OF COMPETITIVE RIVALRY65
5.11RECESSION IMPACT ANALYSIS66
FIGURE 17PROBABLE SCENARIO IMPACT OF AVIATION FUEL MARKET:66
5.12KEY STAKEHOLDERS AND BUYING CRITERIA66
5.12.1KEY STAKEHOLDERS IN BUYING PROCESS66
FIGURE 18INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR FUEL TYPE66
TABLE 5INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR FUEL TYPE (%)67
5.12.2BUYING CRITERIA67
FIGURE 19KEY BUYING CRITERIA FOR TOP 2 APPLICATIONS67
TABLE 6KEY BUYING CRITERIA FOR TOP 2 APPLICATIONS67
5.13TARIFF AND REGULATORY LANDSCAPE68
5.13.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS68
TABLE 7NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS68
TABLE 8EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS68
TABLE 9ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS69
TABLE 10MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS69
TABLE 11LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS70
5.14TRADE DATA ANALYSIS70
TABLE 12COUNTRY-WISE IMPORTS, 2020–2021 (USD THOUSAND)70
TABLE 13COUNTRY-WISE EXPORTS, 2020–2021 (USD THOUSAND)71
5.15KEY CONFERENCES AND EVENTS IN 202372
TABLE 14AVIATION FUEL MARKET: CONFERENCES AND EVENTS72
6INDUSTRY TRENDS75
6.1INTRODUCTION75
6.2TECHNOLOGY TRENDS75
6.2.1FRACTIONAL DISTILLATION75
6.2.2HYDROTHERMAL LIQUEFACTION75
6.2.3PYROLYSIS76
6.3EMERGING INDUSTRY TRENDS76
6.3.1ALCOHOL-TO-JET (ATJ)76
6.3.2HYCOGEN76
6.3.3HYBRID ELECTRIC PROPULSION (HEP)76
FIGURE 20HYBRID AIRCRAFT PROPULSION SYSTEM77
6.3.4SUN-TO-LIQUID SOLAR FUEL77
FIGURE 21PROCESS OF GAS-TO-LIQUID78
6.3.5HYDROGEN FUEL CELLS (HYDROGEN PROPULSION)78
6.3.6FISCHER-TROPSCH (FT)78
6.4SUPPLY CHAIN ANALYSIS79
FIGURE 22SUPPLY CHAIN ANALYSIS80
6.5IMPACT OF MEGATREND80
6.6INNOVATION AND PATENT REGISTRATIONS81
7AVIATION FUEL MARKET, BY FUEL TYPE84
7.1INTRODUCTION85
FIGURE 23POWER-TO-LIQUID SEGMENT TO REGISTER HIGHEST CAGR FROM 2022 TO 203085
TABLE 15AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)86
TABLE 16AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)86
7.2CONVENTIONAL FUEL86
7.2.1AVIATION TURBINE FUEL86
7.2.1.1Jet A87
7.2.1.1.1Extensive use of Jet A fuel in US87
7.2.1.2Jet A187
7.2.1.2.1Rising demand for Jet A1 fuel outside US87
7.2.2AVGAS87
7.2.2.1Demand for aviation gasoline for piston engine aircraft87
7.3SUSTAINABLE FUEL87
7.3.1BIOFUEL87
7.3.1.1Drop-in capability with no changes in aircraft infrastructure to drive demand87
7.3.2HYDROGEN FUEL88
7.3.2.1Advantage of being true zero-carbon solution to drive demand88
TABLE 17CURRENT HYDROGEN-POWERED AIRCRAFT DEVELOPMENTS88
7.3.3POWER-TO-LIQUID89
7.3.3.1Benefits like very low lifecycle emissions to drive demand89
7.3.4GAS-TO-LIQUID89
7.3.4.1Technological advancements to drive demand89
8AVIATION FUEL MARKET, BY AIRCRAFT TYPE90
8.1INTRODUCTION91
FIGURE 24NARROW BODY AIRCRAFT SEGMENT ESTIMATED TO LEAD MARKET IN 202291
TABLE 18AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)92
TABLE 19AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)93
8.2FIXED WING93
8.2.1COMMERCIAL AVIATION93
8.2.1.1Narrow Body Aircraft (NBA)94
8.2.1.1.1High efficiency in short-haul travel to drive segment94
8.2.1.2Wide Body Aircraft (WBA)94
8.2.1.2.1Increasing international travel to drive segment94
8.2.1.3Regional Jet94
8.2.1.3.1Rising domestic air passenger traffic in emerging economies to drive segment94
8.2.2MILITARY AVIATION95
8.2.2.1Fighter Aircraft95
8.2.2.1.1Growing procurement of fighter jets due to increasing military budgets to drive segment95
8.2.2.2Transport Aircraft96
8.2.2.2.1Increasing use of transport aircraft in military operations to drive segment96
8.2.2.3Special Mission Aircraft96
8.2.2.3.1Increasing military applications to drive segment96
8.2.3BUSINESS JET & GENERAL AVIATION96
8.2.3.1Business Jet96
8.2.3.1.1Rising number of private aviation companies globally to drive segment96
8.2.3.2Light Aircraft97
8.2.3.2.1Several ongoing projects to develop hydrogen fuel cell aircraft to drive segment97
8.3ROTARY WING97
8.3.1CIVIL HELICOPTER97
8.3.1.1Increasing demand for helicopters in corporate and civil applications to drive segment97
8.3.2MILITARY HELICOPTER97
8.3.2.1Increasing use of helicopters in combat and search & rescue operations to drive segment97
8.4UNMANNED AERIAL VEHICLE (UAV)98
8.4.1FIXED WING UAV98
8.4.1.1Increased use of predator and reaper fixed-wing UAVs in military applications98
8.4.2ROTARY WING UAV98
8.4.2.1Growing demand for rotary-wing UAVs in search and rescue operations, precision farming, and law enforcement applications98
8.4.3HYBRID WING UAV98
8.4.3.1Long-range applications creating demand for hybrid UAVs98
9AVIATION FUEL MARKET, BY REGION99
9.1INTRODUCTION100
FIGURE 25NORTH AMERICA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2022100
9.2NORTH AMERICA101
FIGURE 26NORTH AMERICA: AVIATION FUEL MARKET SNAPSHOT102
9.2.1PESTLE ANALYSIS: NORTH AMERICA102
TABLE 20NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)104
TABLE 21NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)105
TABLE 22NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)105
TABLE 23NORTH AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)105
TABLE 24NORTH AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)106
TABLE 25NORTH AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)107
TABLE 26NORTH AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)107
TABLE 27NORTH AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)107
9.2.2US108
9.2.2.1Growing concerns over carbon emissions due to increasing air traffic to drive market108
TABLE 28US: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)108
TABLE 29US: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)108
TABLE 30US: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)109
TABLE 31US: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)109
9.2.3CANADA110
9.2.3.1Innovations focused on lowering carbon footprint to drive market110
TABLE 32CANADA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)110
TABLE 33CANADA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)110
TABLE 34CANADA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)111
TABLE 35CANADA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)111
9.3EUROPE112
FIGURE 27EUROPE: AVIATION FUEL MARKET SNAPSHOT113
9.3.1PESTLE ANALYSIS: EUROPE114
TABLE 36EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)115
TABLE 37EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)115
TABLE 38EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)115
TABLE 39EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)116
TABLE 40EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)116
TABLE 41EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)117
TABLE 42EUROPE: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)117
TABLE 43EUROPE: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)118
9.3.2UK118
9.3.2.1Presence of leading players to drive market118
TABLE 44UK: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)118
TABLE 45UK: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)119
TABLE 46UK: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)119
TABLE 47UK: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)120
9.3.3GERMANY120
9.3.3.1Advancements in technological pathways to drive market120
TABLE 48GERMANY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)120
TABLE 49GERMANY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)121
TABLE 50GERMANY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)121
TABLE 51GERMANY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)122
9.3.4FRANCE122
9.3.4.1Initiatives on low carbon strategy from global leaders to drive market122
TABLE 52FRANCE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)122
TABLE 53FRANCE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)123
TABLE 54FRANCE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)123
TABLE 55FRANCE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)124
9.3.5RUSSIA124
9.3.5.1Aviation fuel demand by military sector to drive market124
TABLE 56RUSSIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)124
TABLE 57RUSSIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)125
TABLE 58RUSSIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)125
TABLE 59RUSSIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)126
9.3.6ITALY126
9.3.6.1Initiatives from Italian airports to achieve green aviation goals by 2050 to drive market126
TABLE 60ITALY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)126
TABLE 61ITALY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)127
TABLE 62ITALY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)127
TABLE 63ITALY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)128
9.3.7REST OF EUROPE128
TABLE 64REST OF EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)128
TABLE 65REST OF EUROPE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)129
TABLE 66REST OF EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)129
TABLE 67REST OF EUROPE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)130
9.4ASIA PACIFIC130
FIGURE 28ASIA PACIFIC: AVIATION FUEL MARKET SNAPSHOT131
9.4.1PESTLE ANALYSIS: ASIA PACIFIC132
TABLE 68ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)133
TABLE 69ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)133
TABLE 70ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)134
TABLE 71ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)134
TABLE 72ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)135
TABLE 73ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)136
TABLE 74ASIA PACIFIC: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)136
TABLE 75ASIA PACIFIC: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)137
9.4.2CHINA137
9.4.2.1Collaborations between Chinese airlines and biofuel producers to drive market137
TABLE 76CHINA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)137
TABLE 77CHINA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)137
TABLE 78CHINA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)138
TABLE 79CHINA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)138
9.4.3INDIA139
9.4.3.1Rising air traffic and government initiatives to contribute toward clean skies139
TABLE 80INDIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)139
TABLE 81INDIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)139
TABLE 82INDIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)140
TABLE 83INDIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)140
9.4.4JAPAN141
9.4.4.1Investments in bio-based and conventional jet fuel to drive market141
TABLE 84JAPAN: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)141
TABLE 85JAPAN: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)141
TABLE 86JAPAN: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)142
TABLE 87JAPAN: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)142
9.4.5SOUTH KOREA143
9.4.5.1Government initiatives for low carbon strategy to drive market143
TABLE 88SOUTH KOREA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)143
TABLE 89SOUTH KOREA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)143
TABLE 90SOUTH KOREA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)144
TABLE 91SOUTH KOREA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)144
9.4.6AUSTRALIA145
9.4.6.1Recovery of domestic airline industry to drive market145
TABLE 92AUSTRALIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)145
TABLE 93AUSTRALIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)145
TABLE 94AUSTRALIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)146
TABLE 95AUSTRALIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)146
9.4.7REST OF ASIA PACIFIC147
TABLE 96REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)147
TABLE 97REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)147
TABLE 98REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)148
TABLE 99REST OF ASIA PACIFIC: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)148
9.5LATIN AMERICA149
FIGURE 29LATIN AMERICA: AVIATION FUEL MARKET SNAPSHOT149
9.5.1PESTLE ANALYSIS: LATIN AMERICA150
TABLE 100LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)151
TABLE 101LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)151
TABLE 102LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)151
TABLE 103LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)152
TABLE 104LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)152
TABLE 105LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)153
TABLE 106LATIN AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)153
TABLE 107LATIN AMERICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)153
9.5.2BRAZIL154
9.5.2.1GHG reduction initiatives to drive market154
TABLE 108BRAZIL: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)154
TABLE 109BRAZIL: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)154
TABLE 110BRAZIL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)155
TABLE 111BRAZIL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)155
9.5.3MEXICO156
9.5.3.1Rise in tourism to lead to market growth156
TABLE 112MEXICO: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)156
TABLE 113MEXICO: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)156
TABLE 114MEXICO: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)157
TABLE 115MEXICO: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)157
9.5.4REST OF LATIN AMERICA158
TABLE 116REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)158
TABLE 117REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)158
TABLE 118REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)159
TABLE 119REST OF LATIN AMERICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)159
9.6MIDDLE EAST & AFRICA160
FIGURE 30MIDDLE EAST & AFRICA: AVIATION FUEL MARKET SNAPSHOT160
9.6.1PESTLE ANALYSIS: MIDDLE EAST & AFRICA161
TABLE 120MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)162
TABLE 121MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)162
TABLE 122MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2018–2021 (USD MILLION)162
TABLE 123MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE (FURTHER BREAKDOWN), 2022–2030 (USD MILLION)163
TABLE 124MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)163
TABLE 125MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)164
TABLE 126MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY COUNTRY, 2018–2021 (USD MILLION)164
TABLE 127MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY COUNTRY, 2022–2030 (USD MILLION)165
9.6.2SAUDI ARABIA165
9.6.2.1Increasing use of private jet services to boost market165
TABLE 128SAUDI ARABIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)165
TABLE 129SAUDI ARABIA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)165
TABLE 130SAUDI ARABIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)166
TABLE 131SAUDI ARABIA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)166
9.6.3TURKEY167
9.6.3.1Development of tourism industry to drive market167
TABLE 132TURKEY: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)167
TABLE 133TURKEY: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)167
TABLE 134TURKEY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)168
TABLE 135TURKEY: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)168
9.6.4ISRAEL169
9.6.4.1Increasing aviation fuel demand from military sector to drive market169
TABLE 136ISRAEL: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)169
TABLE 137ISRAEL: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)169
TABLE 138ISRAEL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)170
TABLE 139ISRAEL: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)170
9.6.5UAE171
9.6.5.1New initiatives on sustainability to drive market171
TABLE 140UAE: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)171
TABLE 141UAE: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)171
TABLE 142UAE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)172
TABLE 143UAE: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)172
9.6.6SOUTH AFRICA173
9.6.6.1Increasing jet fuel consumption to drive market173
TABLE 144SOUTH AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)173
TABLE 145SOUTH AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)173
TABLE 146SOUTH AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)174
TABLE 147SOUTH AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)174
9.6.7REST OF MIDDLE EAST & AFRICA175
TABLE 148REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2018–2021 (USD MILLION)175
TABLE 149REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY FUEL TYPE, 2022–2030 (USD MILLION)175
TABLE 150REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2018–2021 (USD MILLION)176
TABLE 151REST OF MIDDLE EAST & AFRICA: AVIATION FUEL MARKET, BY AIRCRAFT TYPE, 2022–2030 (USD MILLION)177
10COMPETITIVE LANDSCAPE178
10.1INTRODUCTION178
TABLE 152KEY DEVELOPMENTS BY LEADING PLAYERS BETWEEN 2020 AND 2022178
10.2REVENUE ANALYSIS OF KEY PLAYERS, 2021180
FIGURE 31AVIATION FUEL MARKET: REVENUE ANALYSIS OF KEY COMPANIES (2017-2021)180
10.3MARKET SHARE ANALYSIS OF KEY PLAYERS, 2021180
FIGURE 32AVIATION FUEL MARKET: MARKET SHARE ANALYSIS, 2021181
TABLE 153AVIATION FUEL MARKET: DEGREE OF COMPETITION181
10.4COMPANY EVALUATION QUADRANT183
FIGURE 33AVIATION FUEL MARKET (GLOBAL) COMPANY EVALUATION MATRIX, 2021183
10.4.1STARS184
10.4.2PERVASIVE PLAYERS184
10.4.3EMERGING LEADERS184
10.4.4PARTICIPANTS184
10.5AVIATION FUEL MARKET (SME), STARTUP EVALUATION MATRIX, 2021185
FIGURE 34AVIATION FUEL MARKET COMPETITIVE LEADERSHIP MAPPING (SME)185
10.5.1PROGRESSIVE COMPANIES185
10.5.2RESPONSIVE COMPANIES185
10.5.3STARTING BLOCKS186
10.5.4DYNAMIC COMPANIES186
TABLE 154AVIATION FUEL MARKET: DETAILED LIST OF KEY START-UPS/SMES186
TABLE 155AVIATION FUEL MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]187
10.6COMPETITIVE SCENARIO AND TRENDS187
10.6.1PRODUCT LAUNCHES187
TABLE 156AVIATION FUEL MARKET: PRODUCT LAUNCHES, 2019–DECEMBER 2022187
10.6.2DEALS188
TABLE 157AVIATION FUEL MARKET: DEALS, 2019–DECEMBER 2022188
11COMPANY PROFILES197
11.1INTRODUCTION197
11.2KEY PLAYERS197
(Business overview, Products offered, Recent Developments, MNM view)*
11.2.1EXXON MOBIL CORPORATION197
FIGURE 35EXXON MOBIL CORPORATION: COMPANY SNAPSHOT198
TABLE 158EXXON MOBIL CORPORATION: PRODUCTS OFFERED198
TABLE 159EXXON MOBIL CORPORATION: DEALS199
11.2.2CHEVRON CORPORATION202
TABLE 160CHEVRON CORPORATION: BUSINESS OVERVIEW202
FIGURE 36CHEVRON CORPORATION: COMPANY SNAPSHOT202
TABLE 161CHEVRON CORPORATION: PRODUCTS OFFERED203
TABLE 162CHEVRON CORPORATION: DEALS203
11.2.3BRITISH PETROLEUM (BP)207
TABLE 163BRITISH PETROLEUM: BUSINESS OVERVIEW207
FIGURE 37BRITISH PETROLEUM: COMPANY SNAPSHOT208
TABLE 164BRITISH PETROLEUM: PRODUCTS OFFERED208
TABLE 165BRITISH PETROLEUM: PRODUCT LAUNCHES209
TABLE 166BRITISH PETROLEUM: DEALS209
11.2.4SHELL211
TABLE 167SHELL: BUSINESS OVERVIEW211
FIGURE 38SHELL: COMPANY SNAPSHOT211
TABLE 168SHELL: PRODUCTS OFFERED212
TABLE 169SHELL: PRODUCT LAUNCHES212
TABLE 170SHELL: DEALS212
11.2.5TOTALENERGIES214
TABLE 171TOTALENERGIES: BUSINESS OVERVIEW214
FIGURE 39TOTALENERGIES: COMPANY SNAPSHOT215
TABLE 172TOTALENERGIES: PRODUCTS OFFERED215
TABLE 173TOTALENERGIES: DEALS216
11.2.6NESTE218
TABLE 174NESTE: BUSINESS OVERVIEW218
FIGURE 40NESTE: COMPANY SNAPSHOT219
TABLE 175NESTE: PRODUCTS OFFERED219
TABLE 176NESTE: DEALS220
11.2.7GAZPROM221
TABLE 177GAZPROM: BUSINESS OVERVIEW221
FIGURE 41GAZPROM: COMPANY SNAPSHOT222
TABLE 178GAZPROM: PRODUCTS OFFERED222
TABLE 179GAZPROM: DEALS223
11.2.8WORLD FUEL SERVICES224
TABLE 180WORLD FUEL SERVICES: BUSINESS OVERVIEW224
FIGURE 42WORLD FUEL SERVICES: COMPANY SNAPSHOT225
TABLE 181WORLD FUEL SERVICES: PRODUCTS OFFERED225
TABLE 182WORLD FUEL SERVICES: PRODUCT LAUNCHES226
11.2.9INDIAN OIL CORPORATION227
TABLE 183INDIAN OIL CORPORATION: BUSINESS OVERVIEW227
FIGURE 43INDIAN OIL CORPORATION: COMPANY SNAPSHOT228
TABLE 184INDIAN OIL CORPORATION: PRODUCTS OFFERED228
11.2.10VALERO ENERGY CORPORATION229
TABLE 185VALERO ENERGY CORPORATION: BUSINESS OVERVIEW229
FIGURE 44VALERO ENERGY CORPORATION: COMPANY SNAPSHOT230
TABLE 186VALERO ENERGY CORPORATION: PRODUCTS OFFERED230
TABLE 187VALERO ENERGY CORPORATION: DEALS231
11.2.11MARATHON PETROLEUM CORPORATION232
TABLE 188MARATHON PETROLEUM CORPORATION: BUSINESS OVERVIEW232
FIGURE 45MARATHON PETROLEUM CORPORATION: COMPANY SNAPSHOT233
TABLE 189MARATHON PETROLEUM CORPORATION: PRODUCTS OFFERED233
TABLE 190MARATHON PETROLEUM CORPORATION: DEALS234
11.2.12LUKOIL235
TABLE 191LUKOIL: BUSINESS OVERVIEW235
FIGURE 46LUKOIL: COMPANY SNAPSHOT236
TABLE 192LUKOIL: PRODUCTS OFFERED236
11.2.13BHARAT PETROLEUM CORPORATION237
TABLE 193BHARAT PETROLEUM CORPORATION: BUSINESS OVERVIEW237
FIGURE 47BHARAT PETROLEUM CORPORATION: COMPANY SNAPSHOT237
TABLE 194BHARAT PETROLEUM CORPORATION: PRODUCTS OFFERED238
11.2.14FULCRUM BIOENERGY239
TABLE 195FULCRUM BIOENERGY: BUSINESS OVERVIEW239
TABLE 196FULCRUM BIOENERGY: PRODUCTS OFFERED239
TABLE 197FULCRUM BIOENERGY: PRODUCT LAUNCHES240
TABLE 198FULCRUM BIOENERGY: DEALS240
11.2.15LANZATECH241
TABLE 199LANZATECH.: BUSINESS OVERVIEW241
TABLE 200LANZATECH: PRODUCTS OFFERED241
TABLE 201LANZATECH: PRODUCT LAUNCHES242
TABLE 202LANZATECH: DEALS242
11.2.16WORLD ENERGY243
TABLE 203WORLD ENERGY: BUSINESS OVERVIEW243
TABLE 204WORLD ENERGY: PRODUCTS OFFERED243
TABLE 205WORLD ENERGY: PRODUCT LAUNCHES243
TABLE 206WORLD ENERGY: DEALS244
11.2.17GEVO INC.245
TABLE 207GEVO INC.: BUSINESS OVERVIEW245
TABLE 208GEVO: PRODUCTS OFFERED245
TABLE 209GEVO: DEALS245
11.2.18PETROBRAS246
TABLE 210PETROBRAS: BUSINESS OVERVIEW246
FIGURE 48PETROBRAS: COMPANY SNAPSHOT247
TABLE 211PETROBRAS: PRODUCTS OFFERED247
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
11.3OTHER PLAYERS248
11.3.1PROMETHEUS FUELS248
TABLE 212PROMETHEUS FUELS: COMPANY OVERVIEW248
11.3.2RED ROCK BIOFUELS248
TABLE 213RED ROCK BIOFUELS: COMPANY OVERVIEW248
11.3.3WASTEFUEL249
TABLE 214WASTEFUEL: COMPANY OVERVIEW249
11.3.4SINOPEC CORPORATION249
TABLE 215SINOPEC CORPORATION: COMPANY OVERVIEW249
11.3.5AEMETIS250
TABLE 216AEMETIS: COMPANY OVERVIEW250
11.3.6VIRENT250
TABLE 217VIRENT: COMPANY OVERVIEW250
11.3.7NORTHWEST ADVANCED BIO-FUELS, LLC251
TABLE 218NORTHWEST ADVANCED BIO-FUELS: COMPANY OVERVIEW251
12APPENDIX252
12.1DISCUSSION GUIDE252
12.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL254
12.3CUSTOMIZATION OPTIONS256
12.4RELATED REPORTS256
12.5AUTHOR DETAILS257