Aviation Fuel Market by Fuel Type (Jet A, Jet A1, Jet B, JP 5, JP 8, Avgas, and Biofuels), Aircraft Type (Fixed Wings, Rotorcraft, and Others), End User (Civil, Military, Private, and Sports & Recreational): Global Opportunity Analysis and Industry Forecast, 2019-2026

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  The global aviation fuel market is anticipated to grow at a considerable rate during the forecast period. This is attributed to the rise in demand for aviation fuel from various emerging economies and military sector. Moreover, introduction of new flight routes (domestic and international) and investments from government in the field for construction of new airports also fosters the aviation fuel market growth. Furthermore, there is an increase in the demand from developing economies from Asia-Pacific region such as China and India owing to increased disposable income encouraging people to opt for air transport, boom in tourism industry, and rise in air traffic which further fosters the aviation fuel market growth. In-addition, demand from North America also largely contributed to the market growth owing to the presence of key market players and increased investment for development from government in the region. Aviation fuel is capable of enduring high temperature environment and is corrosion resistant, which makes it suitable for use at high altitudes. However, fluctuating crude oil prices and strict rules & regulation regarding carbon emissions impact the production process and limits the market growth. Meanwhile, emerging sustainable aviation fuel (SAF) offer opportunities for the growth of the aviation fuel industry.