Aviation Fuel Market Summary and Outlook (2018-2025)
The global aviation fuel market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the shifting tend towards air travel, particularly in developing economies across the globe.
The global aviation fuel market is expected to display higher growth rate over the next five years. Rapid surge in market is credited to the shifting tend towards air travel, particularly in developing economies across the globe.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Rising freight traffic is the key market trend associated with aviation fuel industry, in the past few years. Improved<br />
living st<strong>and</strong>ards coupled with rising per capita income, particularly in the BRICS economies such as Brazil, Russia, India,<br />
China <strong>and</strong> South Africa are major contributing factors for robust market growth. Increasing air passengers each years,<br />
diverging demographic outlooks, <strong>and</strong> liberalization of aviation markets are predicted to stimulate industry expansion.<br />
Get a Sample Copy of This Report @<br />
https://www.millioninsights.com/industry-reports/aviation-fuel-market/request-sample<br />
The market is broadly categorized into two major segments based on the application type such as aviation turbine fuel<br />
<strong>and</strong> aviation biofuel. <strong>Aviation</strong> turbine fuel segment is growing rapidly in the market with substantial revenue<br />
generation in the last few years. Growing dem<strong>and</strong> for aviation turbine fuel segment is attributed to the increasing use<br />
of gas-turbine engines to power aircrafts. <strong>Aviation</strong> biofuel segment has also witnessed substantial growth due to the<br />
favorable government initiatives to promote use of biofuels <strong>and</strong> rising cost of crude oils.<br />
See More Reports of This Category by Million Insights @<br />
https://www.millioninsights.com/industry/energy<br />
<strong>Market</strong> Segment:<br />
This report focuses on the top manufacturers' <strong>Aviation</strong> <strong>Fuel</strong> capacity, production, value, price <strong>and</strong> market share of<br />
<strong>Aviation</strong> <strong>Fuel</strong> in global market. The following manufacturers are covered in this report:<br />
• BP<br />
• Chevron<br />
• Exxon Mobil<br />
• Gazprom<br />
• Royal Dutch Shell<br />
• HPCL
Change language