市場調查報告書
商品編碼
1610711
航空燃油市場規模、佔有率、成長分析、按燃料類型、按應用、按最終用戶、按分銷管道、按地區 - 行業預測,2024-2031 年Aviation Fuel Market Size, Share, Growth Analysis, By Fuel Type (Jet Fuel, Aviation Gasoline), By Application, By End User, By Distribution Channel, By Region - Industry Forecast 2024-2031 |
2022年全球航空燃油市場規模為2,471億美元,從2023年的2809.5億美元成長到2031年的7,847.2億美元,在預測期內(2024-2031年)預計複合年成長率為13.7%。
由於航空運輸的增加(主要是在新興國家)以及原油價格的波動,全球航空燃油市場正在經歷顯著成長。新興國家航空乘客數量的增加正在推動對航空燃料的需求,而碳排放的減少正在推動生質燃料產業的發展。由於經濟進步和機票價格下降,預計到 2036 年,客運量將翻倍。新興地區,特別是亞太地區,預計將推動這一擴張,凸顯出向更實惠、更環保的航空燃料的轉變。在美國,航空燃油市場也預計在預測期內持續成長。
Global Aviation Fuel Market size was valued at USD 247.1 billion in 2022 and is poised to grow from USD 280.95 billion in 2023 to USD 784.72 billion by 2031, growing at a CAGR of 13.7% during the forecast period (2024-2031).
The global aviation fuel market is experiencing significant growth driven by increasing air traffic, particularly in emerging nations, and fluctuations in crude oil prices. The rising number of airline passengers in developing countries is escalating the demand for aviation fuel, while the emphasis on reducing carbon emissions is propelling the biofuels sector. As passenger traffic is projected to double by 2036, accelerated by economic advancements and falling airfares, the market is witnessing a notable uptick in revenue passenger kilometers. Emerging regions, particularly in Asia Pacific, are expected to lead this expansion, highlighting a shift towards more affordable and eco-friendly aviation fuels. In the U.S., the aviation fuel market is also on track for sustainable growth over the forecast period.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Aviation Fuel market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Aviation Fuel Market Segmental Analysis
Global Aviation Fuel Market is segmented by fuel type, application, end user, distribution channel and region. Based on fuel type, the market is segmented into jet fuel (aviation turbine fuel) (Jet A, Jet A-1, Jet B), aviation gasoline (AVGAS) and bio jet fuel (biofuel, hydrogen fuel, power to liquid fuel). Based on application, the market is segmented into commercial aviation (narrow body aircraft, wide body aircraft, regional aircraft), defense aviation (military aircraft, helicopters) and general aviation (private jets, small aircraft). Based on end user, the market is segmented into airlines, airports, military and others. Based on distribution channel, the market is segmented into direct sales and indirect sales (distributors, brokers). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Driver of the Global Aviation Fuel Market
The global aviation fuel market is primarily driven by the crucial role that air travel plays in economic growth and development. Air travel fosters integration within the global economy, facilitating vital connections on national, regional, and international scales. It bolsters trade expansion, promotes tourism, and creates employment opportunities. As the aviation industry evolves, it faces ongoing challenges in adapting to shifting demands related to capacity, environmental concerns, consumer satisfaction, safety, and security, all while ensuring financial stability for service providers. Moreover, geopolitical factors, such as political unrest and territorial conflicts, further influence demand, as nations strive to modernize their aerial capabilities and reduce dependence on foreign military hardware through localized production and technology transfers.
Restraints in the Global Aviation Fuel Market
The Global Aviation Fuel market faces significant restraints driven by escalating global competition and cost pressures, compelling companies to identify hidden savings. A particular concern is the dependency on crude oil, which exposes manufacturers to significant vulnerabilities due to fluctuating raw material prices for lubricants and crude oil. The instability within global markets impacts manufacturing operations, as variables such as rising energy costs disrupt supply chains and hinder profitability. Additionally, airlines seek sustainable jet fuel to meet greenhouse gas reduction targets, but the high costs associated with its production complicate matters. Sustainable jet fuel, despite being derived from waste, necessitates costly technologies, and low production capacity limits availability, further exacerbating expenses for airlines.
Market Trends of the Global Aviation Fuel Market
The Global Aviation Fuel market is witnessing a robust expansion, driven by a surge in global air travel and heightened competition among fuel producers. A pivotal trend is the increasing adoption of sustainable aviation fuel (SAF), spurred by regulatory pressures and environmental concerns, which are reshaping industry dynamics. The movement towards advanced fuels opens new avenues for agricultural sectors as farmers can cultivate biomass crops, thereby diversifying income streams and bolstering soil health. This dual benefit not only supports sustainability goals but also aligns with the aviation industry's shift towards greener alternatives, promising a transformative impact on future aviation fuel production.