Report Code: A11776 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Jet Fuel Additives Market
Request Now !Jet fuels have a number of drawbacks that prevent them from being stored for lengthy periods of time and make their use and delivery even more challenging. By adding jet fuel additives to different aspects of the fuel, new advantageous traits can be given. Jet fuel additives are largely used in aviation fuels to increase fuel performance by removing undesired effects and to fulfil the aircraft's unique needs. Organic soluble compounds make up the majority of jet fuel additives. Anti-icing additives, antioxidants, antifoams, corrosion inhibitors, colors and markers, cetane improvers, and other sorts of jet fuel additives are available on the market. Depending on whether the jet fuel is used for military or domestic purposes, the additive content varies significantly. Corrosion inhibitor additives are largely used in jet fuels to increase their lubricating characteristics.
COVID-19 Impact analysis
Top Impacting Factors
Corrosion is a serious threat to wing and rotor aircraft. Microbial contamination produces extremely corrosive waste, which not only disrupts the engine's fuel flow but also damages the aircraft. Different types of jet fuel additives are used by aircraft facilities to eliminate these issues in the aircraft. As a result, demand for jet fuel additives is increasing over the world, propelling the worldwide jet fuel additives market. By minimizing the use of less appropriate addition solutions and draining operations to prevent ice formation and germs in the fuel system, jet fuel additives aid in the enhancement of health and safety for maintenance crew members. Environmental regulations in industrialized nations such as Europe and North America have resulted in a rise in demand for cleaner and more efficient fuels, boosting demand for alternative fuels such as liquefied petroleum gas (LPG) and biofuels. Manufacturing environmentally friendly additives that assist reduce carbon emissions is one of the primary problems recognized in the global jet fuel additives industry. Due to the fluctuating price of crude oil, manufacturers are attempting to lessen their reliance on traditional fuels, which can have a negative influence on their profit margins.
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Jet Fuel Additives Market Report Highlights
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Key Market Players | The Dow Chemical Company, Afton Chemical, Nexeo Solutions., Biobor Fuel Additives, Innospec, Shell, BASF SE, General Electric Company, Dorf Ketal, Cummins Filtration, NALCO, An Ecolab Company |
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